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Velaris

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Overview

Velaris is an AI-powered customer success platform designed to gather valuable customer insights, prevent customer churn, and improve customer satisfaction.

Its primary functions range from offering a comprehensive view of customer data to the ability to measure the health of customer portfolios. Velaris integrates data from multiple systems into one place, offering an intuitive 360-degrees view of customer accounts, regardless of complexity.

This is highlighted through features including 'Customer 360' and 'Custom Objects', which simplify data organization and consolidation. With their 'Health' feature, dynamic health scores can be tailored per customer lifecycle stage.

This feature can measure the health of accounts, their products, and their users separately, providing valuable segmentation for customer lifecycle management.

The platform also allows for generating business, customer, product, and performance insights through its analytics capabilities. Additionally, Velaris boasts robust automation and task management features, proving useful in streamlining operations and saving time.

It also offers interactive capabilities for effective collaboration with customers.

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Pros and Cons

Pros

Gathers valuable customer insights

Prevents customer churn

Improves customer satisfaction

Comprehensive view of customer data

Measures health of customer portfolios

Integrates data from multiple systems

360-degree view of customer accounts

Features 'Customer 360'

'Custom Objects' for data organization

Dynamic health scores per customer lifecycle

Segmentation for customer lifecycle management

Generates business, customer, product, performance insights

Robust automation features

Effective task management

Interactive capabilities for customer collaboration

Customizable health scores

Streamlines operations

Saves time

Effective collaboration with customers

Helps prevent churn

Drag-and-drop automations

Features tailored to customer lifecycle

Productivity enhancing capabilities

Collaboration tools for customer success

Flexible automation building

Organizes all customer information

Real-time insights and alerts

Comprehensive reporting capabilities

Reduces manual work load

Distinguishes successful customers

Project management capabilities

Collaboration through 'Connect'

Customer survey capabilities

Campaign creation for customer communication

Outcome goal tracking for customers

In-app customer collaboration with 'Connect'

Understanding customer sentiment through Analysis

Task auto-creation based on customer communication

Automatically reports progress in real time

Provides a clear and intuitive 360 view

Flexible customer feedback surveys

Creates tasks based on events related to customers

Optimizes customer success operations

Turns manual tasks autopilot

Tailored implementations by Velaris engineers

Tracks and measures KPIs

Unlocks cross-channel insights

Predicts organizational alignment

View 43 more pros

Cons

Limited sentiment analysis capabilities

Complex health score setup

Limited customization of email templates

Automation builder not intuitive

No publicly listed API

Data integration might be complex

Task automations not flexible

Onboarding depends on Velaris team

Limited customer feedback survey types

Limited customization of dashboards

View 5 more cons

Q&A

What does Velaris offer as part of its AI customer success platform?

Velaris is an AI-powered customer success platform offering valuable insights on customers, comprehensive view of customer data, churn prevention methods, and customer satisfaction improvement mechanisms. It allows consolidation of data from multiple systems, providing a 360-degree view of customer accounts. 'Customer 360' and 'Custom Objects' are features to simplify data organization. 'Health' feature allows tailoring dynamic health scores per customer lifecycle stage. Additionally, Velaris includes automation, task management, analytics, and customer collaboration capabilities.

How does Velaris use AI technology to prevent customer churn?

Velaris uses AI technology to analyze customer data and glean insights about customer behavior, interactions, and use of products or services. These insights provide visibility into customer health, enabling proactive steps to address issues and thereby preventing customer churn. These measures are tailored for different lifecycle stages of a customer, providing specific, targeted interventions.

What are the functions of Velaris’s 'Customer 360' and 'Custom Objects' features?

'Customer 360' and 'Custom Objects' are features of Velaris aimed at data organization and consolidation. 'Customer 360' offers an intuitive 360-degree view of customer accounts, allowing users to have all customer data at their fingertips. 'Custom Objects', on the other hand, helps in organizing data hierarchies, simplifying data management regardless of complexity.

What is the 'Health' feature of Velaris and how does it work?

The 'Health' feature of Velaris is a tool that measures the health of customer accounts, products, and users separately. It deploys dynamic health scores tailored per customer lifecycle stage, giving a clear picture of the customer's position in their lifecycle and offering valuable insights for segmentation, intervention and customer lifecycle management.

Can I measure the health of individual accounts, products, or users with Velaris?

Yes, Velaris enables measuring the health of individual accounts, their products, and their users separately. This allows for more granular insights and more targeted strategies to improve customer satisfaction and prevent churn.

How do the analytics capabilities of Velaris help in generating business and customer insights?

Velaris's analytics capabilities help in generating business and customer insights by organizing all customer information in one place for real-time insights, alerts, and comprehensive reports. It allows for custom dashboards and reports and provides clear visibility over the customer base with segments.

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Does Velaris offer features for task management and operations automation?

Yes, Velaris offers features for task management and operations automation. These features allow for the creation, scheduling and management of tasks in a unified space, and the use of drag-and-drop automations to streamline repetitive tasks, thereby saving time and effort.

Can Velaris help me improve my team's collaboration with customers?

Yes, Velaris can improve team collaboration with customers. It offers interactive capabilities, including a customer portal for external collaboration and the ability to create, distribute and automate customer surveys. These features encourage effective and efficient communication between teams and customers.

How does Velaris integrate data from multiple systems?

Velaris integrates data from multiple systems into one unified platform to offer a comprehensive view of customer data. This consolidation enables an intuitive, 360-degree view of customer accounts, regardless of complexity.

What segmentation options does Velaris offer for customer lifecycle management?

Velaris provides valuable segmentation options for customer lifecycle management. With the platform's 'Health' feature, dynamic health scores can be tailored per customer lifecycle stage. This capability enables more accurate segmentation by lifecycle stage, allowing for precise interventions depending on the needs of the individual account, product, or user.

How does Velaris support in streamlining operations and saving time?

Velaris supports streamlining operations and saving time through its robust automation and task management features. Tasks can be created, scheduled, and managed all in one place, and automations can be built through a user-friendly, drag-and-drop interface. Such features eliminate manual work, increase efficiency and free up time for the team.

What are the interactive capabilities offered by Velaris for effective customer collaboration?

Velaris offers various interactive capabilities for effective customer collaboration. These include a customer portal, Connect, that aids external collaboration with customers, and the ability to create, distribute, and automate customer surveys. It also enables collaborative work on customer projects through Success Plans.

How does the dynamic health score of Velaris differ for each customer lifecycle stage?

The dynamic health score of Velaris differs for each customer lifecycle stage as it allows for tailored interventions based on the specific stage a customer is in. This enables precise targeting of efforts to improve customer health and satisfaction.

Does Velaris offer a 360 degree view of customer accounts?

Yes, Velaris offers an intuitive 360 degree view of customer accounts, regardless of their complexity. This is achieved through the 'Customer 360' feature that integrates data from multiple systems into one unified platform.

Why is Velaris described as an AI-powered customer success platform?

Velaris is described as an AI-powered customer success platform because it leverages artificial intelligence to analyze customer data and provide insights. These insights allow for a comprehensive understanding of customer behavior, facilitate preventative measures against customer churn, and assist in improving customer satisfaction.

What insights can I expect to gather from using Velaris?

By using Velaris, you can expect to gather insights about your customers' behavior, interactions, and use of your products or services. This allows you to understand the health of your accounts, facilitate targeted interventions for at-risk customers, and boost customer satisfaction.

How does Velaris improve customer satisfaction?

Velaris improves customer satisfaction by providing comprehensive insights about customer behavior and facilitating targeted interventions. The platform's dynamic health scores, coupled with tailored communication and proactive measures, contribute to enhancing customer goodwill and satisfaction levels.

How does Velaris use AI to gather customer insights?

Velaris makes use of AI to gather customer insights by analyzing customer data from multiple integrated systems. It provides a comprehensive view of customer interactions, behavior, and use of products or services, leading to valuable insights that help in customer lifecycle management, satisfaction, and retention.

What are the primary functions of Velaris?

The primary functions of Velaris include providing a comprehensive view of customer data, preventing customer churn, improving customer satisfaction, and offering valuable customer insights. It facilitates data integration to offer a consolidated, 360-degree view of customer accounts. Velaris’s capabilities also include dynamic customer health scoring, customer lifecycle management, business insights, analytics, automation, and task management.

How does Velaris help in managing customer data?

Velaris contributes to managing customer data by integrating data from multiple sources into a unified platform. It provides a complete 360-degree view of customer accounts while also offering tools for organizing data hierarchies through 'Custom Objects'. These features significantly simplify the process of data management.

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