| Automotive |
| eQuality®
Balance, eQuality
Evaluation, and Performance
Optimization Workshop |
Nissan Motor Acceptance Corporation (NMAC), including its Infiniti
Financial Services (IFS) division, is the automotive financial services
arm of Nissan North America. Established in 1982, NMAC's primary
emphasis is to purchase from its Nissan and Infiniti dealers retail and
lease contracts for their customers. NMAC also provides wholesale
inventory and capital and mortgage loan financing to Nissan and
Infiniti dealers. The company offers financing for the complete line
of Nissan and Infiniti vehicles sold in the United States.
Since eQuality's implementation, productivity among newer agents
(those with less than 120 days of experience) has grown by 40 percent,
with more experienced agents also realizing productivity gains in the
neighborhood of 6 percent. In addition, new agents have lowered
their average handle times by 33 percent, and veteran agents have
seen their average handle times decrease by 25 percent. Overall quality
scores have risen by 32 percent, and the agent attrition rate has fallen
below 10 percent annually. “If we hadn't seen these improvements,
it would have cost us close to $1 million to hire and train new agents
to achieve the same performance,” says Sean Hicks, NMAC's senior
manager for consumer communications. |
- Grew new-hire agent productivity by 40 percent
- Decreased average handle time by 33 percent for new hires and 25 percent
for more experienced agents
- Increased quality scores by 32 percent
- Improved agent attrition rate to less than 10 percent annually
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