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Comparison of Features of Live, IVR
and Natural Speech Technology
Feature
Live
IVR
with touch tone
IVR
with word recognition
Natural Speech
Cost
highest
lowest
medium low
Percent of callers that complete calls 60-80% 15-50% 20-60% 75-95%
Accuracy high medium low very high
Acceptability to Callers (based on complaints) high lowest low highest
Free Form dialog with caller yes no no yes
Branch based on recognition of a word yes no yes no
Branch based on open ended caller response yes no no yes
Provide information based on specific words such as an account number, stock symbol, etc. yes yes yes no
Number of categories available for caller responses high very low medium very high
Standardized evaluations of subjective caller responses no no no yes
Ability to handle multiple languages and foreign calls good poor fair excellent
Turnaround time from the time of the call to conversion to a digital text computer record transmitted to client medium long long very short
Scripting based on live call handling yes no no yes
Source: ConServIT, a service of Conversational Voice Technologies Corporation
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