According to Chris Berry, Managing Director of Liquid Voice (UK): “GDPR will have a significant impact on organisations of every size that store personal customer data and failure to comply with this new regulatory requirement could result in fines of up to €20 million. Liquid Voice is one of the first companies to offer a cost effective solution that delivers unrivalled access to customer data wherever it is stored. It can be cost-effectively deployed on a monthly subscription basis, which eliminates the need for high upfront capital expenditure.”
The Liquid Voice system enables organisations to quickly accommodate customer requests to identify, access and, if required, delete personal data. This ‘right to be forgotten’ is a central part of GDPR and can be achieved using the company’s recently launched Automated Speech Transcription which enables recordings to be searched for any word or phrase in seconds. Search results, which can include inbound/outbound calls, emails, SMS, instant messaging, social media and letters sent to customers, are displayed as text summaries ranked by relevance. Recordings are automatically transcribed into text making the review process substantially faster than traditional manual scanning processes.