Firstsource launches First WF SuiteTM

firstsourceNew service offering to enhance effective resource management and drive operational savings


New York I Mumbai I London, July 9, 2014: Firstsource Solutions Limited (NSE: FLS, BSE: 532809), a global provider of customised business process management (BPM) services to the banking & financial services, telecom & media and healthcare sectors, today announced the launch of First WF Suite, a service offering designed to improve resource availability & utilisation in the contact center.

Firstsource has a track record of bringing efficiency to customer service operations, while ensuring customer satisfaction. Driven by these twin objectives, the First WF Suiteenables enterprises to set up a Workforce Optimisation practice that effectively utilizes their most crucial resource—people. It aligns with all outsourcing delivery models such as onshore, offshore, work at home and more. The service suite supports optimisation in a multi-channel environment including voice, web, chat, email, back-office and social media.

First WF Suitehas been enhanced to encompass Consulting, Managed Services and Capability Development. This end-to-end offering will now drive all workforce optimisation requirements and will deliver savings in the range of 10-15% in operating costs.

“The launch of First WF Suite is an exciting development for Firstsource as it is in line with our productization strategy and is a significant step in simplifying business processes. The accuracy of forecasting, scheduling & real-time analytics in First WF Suitewill help service oriented organisations to reduce their operational costs through effective resource utilisation,” said Bhupendra Gupta – SVP, Head of Service Quality, WFM & Process Excellence, Firstsource Solutions.

For a large private sector bank, First WF Suitehelped redesign the forecasting process, collected historic volumes and performed a causative study. This deployment helped improve the forecasting accuracy from 66% to 92% and service levels increased from 43% to 85%.

For a leading telecom company, the Consulting Services under First WF Suite, helped reduce the operating cost by $2.1mn.

The name “First WF Suite” and tagline “Productivity Redefined” has been applied for before the Trade Mark Registry, in India.


About Firstsource:

Firstsource (NSE: FSL, BSE: 532809, Reuters: FISO.BO, Bloomberg: FSOL@IN) is a leading global provider of customized Business Process Management (BPM) services to the Healthcare, Telecom & Media and Banking & Financial Services industries. The company’s clients include Fortune 500, FTSE 100 & Nifty 50 companies. Firstsource has a “rightshore” delivery model with operations in India, Ireland, Philippines, Sri Lanka, UK and U.S. (