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Verint Intelligent Virtual Assistant (IVA)

Score7.7 out of 10

3 Reviews and Ratings

What is Verint Intelligent Virtual Assistant (IVA)?

The Verint Intelligent Virtual Assistant (formerly Verint Self-Service solutions) is a customer-oriented knowledge management solution including technology acquired by Verint from Next IT in 2017. The platform includes voice self-service IVR, a virtual AI-guided assistant (Next IT), and Verint's own knowledge management system for self-service.

Media

the IVA analytics dashboard
an IVA conversation flow
out-of-the-box IVA NLP AI models
the connectors integration

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Verint Intelligent Virtual Assistant

Use Cases and Deployment Scope

We are Verint partner, and we have customers that use Verint Intelligent Virtual Assistant or DVA in their operations. Currently, the AI is having a big impact to automate process that before they were an agent work day to day. Doing use of AI engines, such as Copilot, OpenAI and data stores or acknowledgment, it improves the efficiency and agiliza the CX due to the response is in real time consulting the data immediately and giving a CX effective and of first level. Our customer is glad, because of them reducing time, attention and increasing your SLA, less cost and have a cutting-edge AI solution.

Pros

  • Use of Acknowledgment base and AI engines.
  • F&Q.
  • Automate process such as consults, modifications and cancel reservations.
  • Execute triggers for notify customer reservations.

Cons

  • Customer service (support)
  • Reservations
  • E-Commerce

Return on Investment

  • Human agent hours operations
  • More interactions will be attended by AI agents
  • Reducing human agent licensing costs
  • Attending more interaction in less time

Usability

Alternatives Considered

Verint Speech and Text Analytics, Verint Knowledge Management and Verint Workforce Management

Other Software Used

Verint Workforce Management, Verint Speech and Text Analytics, Verint Knowledge Management

IVA The Good the bad and the not so pretty

Use Cases and Deployment Scope

We leverage IVA for chats and voice and are attempting to solve for not for one use case but rather a variety of CX workflows we are looking to automate, and improve overall efficiencies for agents.

Pros

  • Easy to navigate
  • Continual updates
  • Excellent Training (shout out to Jasmine!)

Cons

  • There is minimal documentation around what we can and can't do for IVA
  • IVA seems to be a newer product so this is difficult when trying to implement new things
  • IVA has a lot of non-Verint friendly terms (Think Prompt, vs. answer or Intent/Alternate vs. context).

Return on Investment

  • Decreased overall AHT in chat by 10% minutes
  • Improved overall containment rates by 10%
  • Has yet to help our CSAT/NPS scores

Usability

Alternatives Considered

Fin by Intercom and Salesforce CMS

Other Software Used

Amazon S3 Glacier

Verint Intelligent Virtual Assistant adaptable in so many situations

Use Cases and Deployment Scope

We have recently implemented the IVA alongside the containment bot. This technology has bee game changing for us. The open nature of the product has allowed us to seamlessly integrate with Shopify, allowing our customers the ability to check order status. Additionally, we have activated the Gen AI to create an on brand engaging experience for our customers.

Pros

  • Contact Deflection
  • Customer Engagement
  • Product Upsell

Cons

  • technical ease of use

Return on Investment

  • the initial implementation has exceeded our expected containment rate.

Usability

Quality Chatbots

Use Cases and Deployment Scope

We are utilizing IVA for customer facing chat experience. The IVA has allowed us to provide self service options via chat and optimize our Agent experience.

Pros

  • The IVA allows us to identify customer intent and provide accurate responses and actions
  • As an open platform the ability to integrate with our current solution was a huge benefit and allowed us to incrementally adopt AI

Cons

  • The IVA is very robust and can take time to implement if this is your first implementation of a chatbot experience.

Return on Investment

  • Its hit every KPI goal we have set for the implementation

Usability

Verint Intelligent Virtual Assistant saves the day!

Use Cases and Deployment Scope

Allowing more calls to be self-serve, alleviating our call centers of additional volume, reduce hold time, increase satisfaction and work towards the corporate strategy of an omnichannel solution.

Pros

  • Payment Handling
  • FAQ
  • Contextual Interaction
  • High Volume, Low Value Calls
  • Replacement Card Handling

Cons

  • Address Recognition
  • Flexibility for flow changes
  • Easier integration

Most Important Features

  • Self-Service
  • OmniChannel strategy
  • Reduction in Low value add calls

Return on Investment

  • Positive - Containment
  • Negative - Customers animosity to bots
  • Positive - Reduction of Calls
  • Negative - Mishandled calls receive greater scrutiny than agents

Alternatives Considered

Exceed.ai by Genesys

Other Software Used

Verint Speech Analytics, Verint Case Management Professional, Verint Community