NewDay Drives Customer Service Leadership with NICE Satmetrix NPX Voice of the Customer Solutions
NICE Satmetrix NPX wins a three-year agreement to help NewDay build on impressive Net Promoter Score® (NPS®)
improvement of more than 12 points
NICE (Nasdaq: NICE) today announced that NewDay will continue to rely on NICE software to power its voice of the customer
program. NewDay signed a three-year contract to leverage
NICE Satmetrix NPX as the software at the core of its multi-faceted program to drive customer experience excellence.
A leading consumer credit provider serving two specialist sectors of the UK credit market (near-prime and co-brand), NewDay
selected NICE following a successful and sophisticated customer feedback program created using its NICE platform that resulted in
successes such as increases in Net Promoter Score of more than 12 points. For this achievement, NICE recently presented NewDay with
a Customer Experience Excellence award at Interactions EMEA held in June 2018 in the UK.
Francesca Rea, Director of Customer Services and Service Delivery, NewDay, said, "Customer service is a matter we take
very seriously. In NICE, we have a partner that understands this need and is dedicated to helping us achieve it. We have been able
to leverage our NICE solution to collect a wide range of customer experience metrics and insights, and we are proud of our
improvements in NPS and other scores. We are excited to build on our successes, and trust that the NICE Satmetrix solution will
fuel the expansion of our capabilities to collect, analyze and act on customer feedback."
NewDay has taken a meticulous approach to expanding its collection and analysis of customer feedback, and to embedding a focus
on customer feedback in the organization. For example, it has expanded customer service channels and built listening posts to
collect feedback on a range of customer touchpoints. NewDay introduced a “Net Easy” measurement to track customer effort and began
using NPS as part of associate KPIs and recognition programs. As NewDay’s program continues to develop, NICE Satmetrix NPX will
continue to play a key role in their planned improvements for customer insight collection and analysis.
In addition, NewDay created a Customer Issues Resolution program that combines verbatim feedback extracted from their NPS
survey, indirect customer feedback collected during the complaints process, online customer feedback and employee input (Voice of
People) to identify and prioritize resolution for crucial issues. The NICE solution has also allowed NewDay to extend the benefit
of feedback-based clarity to its co-brand partners who have used the insights to improve their own processes. NewDay has also been
improving services by mapping issues across a customer journey to identify any pain points experienced by customers and speedily
address them.
The NICE Satmetrix NPX offering is expected to provide wider insights into areas for process improvement to NewDay. Expected
areas of benefit include their digital self-service and mobile application as well as increased visibility on agent performance,
which will help NewDay meet its goal of achieving the top position for customer service.
John O'Hara, President, EMEA, NICE said, "We're proud to be working with NewDay and to be their support for delivering
superior service to their consumers. In an experience-led marketplace such as we see today, our solutions are geared towards giving
our customers the comprehensive insights needed to stay ahead of the game, and deliver unparalleled service that consumers
anticipate throughout their journey."
About NewDay
NewDay is a leading UK consumer credit provider serving two specialist sectors of the UK credit market, Near-Prime and Co-Brands.
As at 31 December 2017, NewDay had approximately 5.3 million customers. Of these, 4.2m customers hold co-branded credit and store
cards offered in partnership with a number of the UK’s established retailers including Amazon.co.uk, Arcadia Group, Debenhams,
House of Fraser, Laura Ashley, and TUI UK & Ireland. 1.2m customers hold Own-Brand credit cards, operating across the aqua,
marbles and opus brands. NewDay utilises its extensive customer knowledge of the Near-Prime and Co-Brand sectors to develop
products and services that evolve in line with customer’s needs and promote long-term customer relationships.
About NICE
NICE (Nasdaq: NICE) is the world’s leading provider of both cloud and on-premises enterprise software solutions that empower
organizations to make smarter decisions based on advanced analytics of structured and unstructured data. NICE helps organizations
of all sizes deliver better customer service, ensure compliance, combat fraud and safeguard citizens. Over 25,000 organizations in
more than 150 countries, including over 85 of the Fortune 100 companies, are using NICE solutions.
www.nice.com.
Trademark Note: NICE and the NICE logo are trademarks or registered trademarks of NICE Ltd. All other marks are
trademarks of their respective owners. For a full list of NICE’s marks, please see:
www.nice.com/nice-trademarks. Net Promoter Score, Net Promoter, and NPS are trademarks of NICE Systems,
Inc., Bain and Company, Inc., and Fred Reichheld.
Forward-Looking Statements
This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform
Act of 1995. Such forward-looking statements, including the statements by Mr. O'Hara, are based on the current beliefs,
expectations and assumptions of the management of NICE Ltd. (the Company). In some cases, such forward-looking statements can be
identified by terms such as believe, expect, may, will, intend, project, plan, estimate or similar words. Forward-looking
statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to
differ materially from those described herein, including but not limited to the impact of the global economic environment on the
Company’s customer base (particularly financial services firms) potentially impacting our business and financial condition;
competition; changes in technology and market requirements; decline in demand for the Company's products; inability to timely
develop and introduce new technologies, products and applications; difficulties or delays in absorbing and integrating acquired
operations, products, technologies and personnel; loss of market share; an inability to maintain certain marketing and distribution
arrangements; and the effect of newly enacted or modified laws, regulation or standards on the Company and our products. For a more
detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports filed from time to
time with the Securities and Exchange Commission, including the Company’s Annual Report on Form 20-F. The forward-looking
statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation
to update or revise them, except as required by law.
Corporate Media
Christopher Irwin-Dudek, 201-561-4442
chris.irwin-dudek@nice.com
or
Investors
Marty Cohen, +1 551 256 5354, ET
ir@nice.com
or
Yisca Erez +972 9 775 3798, CET
ir@nice.com
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