Tech »  Topic »  Power up your customer communications: paperless, personalized, planet friendly

Power up your customer communications: paperless, personalized, planet friendly


Tough market dynamics, economic uncertainty, and supply chain disruptions have set a volatile course for banks, insurance, and utilities companies over the last few years. The pressure is on:

  • Last year, the retail banking industry sent 69 million households paper statements, averaging about $9 per customer1
  • 37% of global households experienced challenges paying their energy bills in the last 12 months2
  • 81% of consumers are interested in the energy transition, yet only 46% are willing or able to pay more to support clean energy initiative2

At the same time, customers are demanding more—expecting the same seamless, personalized, and proactive service they receive from digital-first leaders in other industries. The opportunity? Win customer loyalty while lowering costs and improving efficiency.

There’s certainly room to grow customer satisfaction: a recent study found nearly 32% of utility websites and apps do not meet fundamental usability standards, and 28 ...


Copyright of this story solely belongs to opentext.com . To see the full text click HERE