Target Group, a leading provider of digital transformation, software and business process outsourcing (BPO), has announced a new five-year strategic partnership with FourNet to enhance and expand its award-winning contact centre solution.
The partnership will see FourNet supporting Target in the continued rollout and optimisation of NICE CXone, an industry-leading customer experience (CX) platform used to manage interactions through voice, chat, email, social media and self-service options. Digital transformation and customer experience specialist, FourNet is well placed to support Target in maximising the technology as NICE’s Partner of the Year and Platinum Partner.
Through the help of FourNet and NICE CXone, Target will continue to enhance automation and streamline workflows within its contact centre offering, ensuring service quality remains high, while customers and end users benefit from faster, more intelligent, and highly personalised interactions. In addition to keeping pace with customer demands, the platforms enable Target to offer a fully compliant solution, meeting existing regulations such as GDPR and PCI-DSS, as well as the ability to adapt to the likes of the FCA’s Consumer Duty.
The multi-phase partnership will see Target and FourNet launching further developments to continuously improve the services offered to customers and streamline operations for Target’s 260-plus team of contact centre agents. Both firms will also explore potential applications within Mortgage Hub, Target’s state-of-the originations platform.
Peter O’Connor, CEO of Target Group, said:
“World class technology such as NICE CXone plays a pivotal role in our BPO offering that is trusted by major financial institutions. With this in place, we can continue to exceed customer expectations, drive operational efficiency and fully leverage our deep domain expertise. Given their clear credentials and vast knowledge in this space, FourNet is absolutely the right partners to support the rollout and ongoing evolution of this platform and strategy.
“Through their help, we can fully maximise our investment into this cutting-edge technology, all while delivering exceptional customer experiences that ensure Target remains the chosen partner for both digital transformation and outsourced services. We are grateful for FourNet’s support so far and look forward to working closely together over the coming five years.”
Richard Pennington, CEO at FourNet, added:
“This five-year strategic partnership underscores Target’s dedication to delivering exceptional customer experiences, and FourNet’s expertise in providing best-in-class contact centre and customer experience solutions. It also illustrates exactly why we are a NICE Platinum Partner as we will support and fully optimise Target’s NICE CXone environment.
“We are looking forward to supporting Target driving operational efficiency and deeper customer satisfaction – both through cutting-edge CX technology, and through our renowned CX consultancy team, to design and implement market-leading customer engagement solutions. Much like us, Target is a real advocate for digital transformation and customer experience innovation, making this a perfect partnership.”
As a leading provider of business process servicing and digital transformation, Target supports a broad range of clients through mortgage and loan servicing and originations, payments and collections, third-party administration and direct debit mandates. This is alongside broader capabilities which include device finance, resource augmentation and remediation services. Target is trusted by more than 30 top-tier financial institutions globally, with its systems processing over 19 million accounts.
Target Group is part of the Tech Mahindra global family, our mission is to transform customer experiences while helping clients scale at speed through digital transformation.
We’re more than just in-life servicing. We’re a leading provider of business process servicing and operational transformation for over 30 top-tier financial institutions globally, our clients include big name public bodies and FinServ across lending and investments markets. DVLA, BBC and Shawbrook Bank to name a few.
Our leading fintech platform manages assets of more than £11 billion, enabling our clients to automate complex critical processing, servicing, and administration of loans, as well as investments. We deliver competitive advantage and enable scalable growth. Alongside loan and investment servicing and software solutions, Target leverages deep domain expertise to advise on process improvement, due diligence, and regulatory compliance.
Target systems currently process over 19 million accounts and collect £3billion of direct debit payments each year on behalf of both private and public sector clients.
For additional information about Target Group visit their Website
FourNet works with a range of organisations – from charities and local authorities to the housing sector and financial service companies – using technology to support some of the most vulnerable members of society.
Award-winning FourNet is one of the fastest growing privately owned technology companies in the UK, providing CX, communications, cloud, contact centre, managed service, cybersecurity and secure network infrastructure solutions. We work with some of the most secure, critical and commercially driven customers in the UK, including more than 30 UK Government departments and agencies, as well as emergency services and local authorities. FourNet is an ethical and environmentally responsible business, committed to maximising our positive environmental and social impacts and championing transparency in all our business operations.
For additional information on FourNet view their Company Profile
