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Suppliers can realise potential of dynamic tariffs with customer clarity

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Energy Market Strategy and Commercial
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Energy Market

What is happening to customers bills each quarter?

With lots of talk of the Price Cap falling, what is happening to customers bills each quarter?

Working at BFY

A week in the life of a Consultant – On-site with a client

So what does being a Consultant actually involve? We often highlight the amazing opportunities available at BFY, along with the exceptional results that we deliver for our clients, but you might be wondering what this looks like day-to-day. There’s nobody better to showcase this than our people.

BFY Group
Operations and Service Recovery Energy Market

Is your operation ready for increased customer switching?

Change of supply - it's been a while. As wholesale Energy prices continue to fall, suppliers should be making sure they're operationally prepared for a material increase in switching, which we're expecting to see from the announcement of the October Price Cap onwards.

Man riding upwards on a steep hill on a mountain bike.
Energy Market

Changes ahead for consumer standards – Reacting to Ofgem and FCA guidance

It's time for a shake-up in consumer standards. That's the key message from Ofgem after launching its Consumer Standards Statutory Consultation. New rules are being introduced which will have immediate implications for suppliers, as we approach another challenging winter for customers.

BFY Group
M&A Strategy

BFY Group supports LDC and UniHomes on their partnership to drive continued growth

We're really pleased to have supported LDC and UniHomes on their new partnership, providing advice on the energy implications of UniHomes' continued expansion. Our team delivered insight covering customer journeys, commercial arrangements, energy price scenarios, and regulatory risk management.

Leaves and tree branches with sunlight shining through.
Customer Service People and Culture Debt

Using accountability and incentives to manage agents effectively

You may feel like you’ve empowered your agents to be accountable for great customer outcomes, but you still don’t feel like you’re getting the results you need.

Leaves and tree branches with sunlight shining through.
Customer Service Debt People and Culture

Leveraging data driven insight to empower agent performance

You may be feeling like you can't see the wood for the trees on agent performance and customer outcomes. You may not be clear on who is performing, and who isn’t – and crucially, why this is the case.

Customer Service Debt People and Culture

Embracing customer centricity for optimal agent performance

If you feel like problems aren’t being addressed upstream and early in the customer journey, then you may have a problem with a lack of customer centricity.

Debt Customer Service People and Culture

Achieving quality agent outcomes through quality training

Developing agent expertise is crucial at this stage in the cost of living crisis. Balancing collections with customer support requires a specific skillset, which can be built up through the delivery of quality training. In the first instalment of our Driving Agent Outcomes series, we outline what this training should involve, how it should be deployed, and why it's so important in today's climate.

BFY Group
Customer Service Debt People and Culture

Driving Agent Outcomes – Insight Series

In our Driving Agent Outcomes series, we're focussing on the actions that can be taken to deliver better outcomes for customers, through higher quality interactions with contact centre agents.

Transformation People and Culture Customer Service

Looking Upstream - The benefits of focussing on your people

Are you focussing on your people? The value of this is sometimes overlooked, and could be impacting your costs. When service metrics begin to dip, like AHT or NPS, it's easy to get caught up in symptom-driven fixes. Rather than questioning process adherence or capacity management, look upstream, and think more about people.

BFY Group
Operational Excellence Customer Experience

Customer Experience – The role of people and performance

Perception is shaped by people. If your operational teams aren't optimised to perform together, customer experience, and attitudes towards your brand will suffer. With competition returning to the Energy market recently, suppliers should be striving to promote people excellence, delivering a service that customers want to stick around for.

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Kelly Payne, Director at BFY Group. Jonathan Paton, Senior Manager at BFY Group. Jon Vincent, Senior Manager at BFY Group.

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