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Company Background:
A diversified financial services company providing banking, insurance, wealth management and estate planning, investments, mortgage and consumer finance from 780 branch locations across North America.

This company uses outbound telemarketing to cross sell into their existing base and to acquire new customers. They do outbound calling from company-managed call centers and from all branch office locations.

Situation:
The legal requirements to manage and scrub each client/Seller’s calling lists against only its specific version of the National DNC list are complex and cumbersome. The DNC issue and requirements fall outside the company’s core competency and created a series of problems.

Problems:

Operational issues

  • Currently had an inefficient way to fulfill the company’s DNC policy to consumers.
  • Lacked the ability to efficiently and accurately handle the collecting of DNC request on a company-wide level.
  • Lacked the ability to monitor compliance activities across hundreds of locations and thousands of employees.
  • Satisfying customer’s requests to verify compliance readiness was inconsistent.
  • The internal processes were insufficient to provide a Safe Harbor defense.
  • Managing the growing list of state databases (30 separate lists) was complex.

Lack of resources

  • They lacked the ability to efficiently check numbers against the internal, state and private DNC databases. (No Scrubbing Tool)
  • They lacked the training tool to comply with the state and federal training requirement.
  • In-house list processing was cumbersome and inefficient.

Data security & integrity

  • Risk and cost of potential errors is high.
  • Management of internal DNC data across multiple locations was difficult.

Budget constraints

  • Cost prohibitive to build internal solution.
  • The costs and time requirements of IT and management resources were excessive.

Solution: (DNCInteractive and DNCQuickcheck from PossibleNOW) PossibleNOW is a trusted leader offering online DNC compliances services. Their DNCSolution suite handles the complex and cumbersome task of managing Seller/Company specific versions of the National DNC Registry. This allows the company and their outsourced telemarketers to fully comply with the National DNC Registry licensing requirement.

As a web-based application, DNCQuickcheck provides global information collection for DNC requirements and can be instantly integrated throughout the agent network.

Solves operational issues

  • DNCInteractive and DNCQuickcheck provide a compliance portal that acts as a central communication point for all relevant industry compliance information and provides agent level awareness of the issue.
  • Monitors and reports all activities via the system providing a strong Safe Harbor defense.
  • Provides an easy-to-use tool to enable agent level compliance that is instantly deployable.
  • Eliminates need to change or modify telecommunication relationships.

Provides necessary resources

  • Provides a training tool to satisfy state and federal training requirements.

Satisfies DNC compliance laws; boosts efficiency

  • Provides a comprehensive company-wide compliance solution.
  • All leads can be processed through DNCQuickcheck to remove all DNC matches prior to the calls being made.

Saves money

  • Reduces overall cost of compliance.

 

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