Customers are at the heart of any
organization and it is them that makes any organization successful or a
failure. Riyad Bank uses ICT tools when it comes to Customer Relationship
Management. Riyad Bank positions itself
to a superior customer experience and visions itself as a doer rather being
idle. The bank relies greatly on customer feedback to innovate and capitalize
on changing dynamics of the market. The bank had used the on call interview
system but now reverted to online internet based system by Verint. Verint is an
important partner to the bank when it comes to customer engagement. The bank
uses the system to automate survey and collect data through different touch
points. The software allows the bank to view it in real time with proper
analytical tools. The customer receives a mobile phone message whenever they
visit a branch to get feedback about their experience helping the bank gauge
its strengths and weaknesses. The bank
believes the Saas (software as a service) based software is game changing
allowing the bank to efficiently manage the customer engagement system.
Conclusion of The Saudi Arabian
Economy dynamics and automation of operations for success.
Riyad Bank is the leading bank of
the Kingdom of Saudi Arabia which is opting for cutting edge technology so it
can position itself as a key player in the economic growth plan as per the
Vision 2030. The bank is incorporating the IT based systems to ensure success
and timely growth of the bank. Innovation in operations and CRM is at the core
of Riyad Bank.