Formula Bot vs. Verint Intelligent Virtual Assistant (IVA)

Formula Bot

Formula Bot

0 Reviews and Ratings

Verint Intelligent Virtual Assistant (IVA)

Verint Intelligent Virtual Assistant (IVA)

5 Reviews and Ratings

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Formula Bot	Score 0.0 out of 10	N/A	Formula Bot is a solution used to convert text into Excel formulas, analysis, charts, spreadsheets, and data models. It can produce Excel formulas, SQL queries, VBA, Google Apps Scripts, regex, etc. And it can be tried free.	N/A
Verint Intelligent Virtual Assistant (IVA)	Score 8.0 out of 10	N/A	The Verint Intelligent Virtual Assistant (formerly Verint Self-Service solutions) is a customer-oriented knowledge management solution including technology acquired by Verint from Next IT in 2017. The platform includes voice self-service IVR, a virtual AI-guided assistant (Next IT), and Verint's own knowledge management system for self-service.	N/A

Pricing

Formula Bot

Verint Intelligent Virtual Assistant (IVA)

Editions & Modules

No answers on this topic

No answers on this topic

Offerings

Pricing Offerings
Formula Bot	Verint Intelligent Virtual Assistant (IVA)
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

No setup fee

Additional Details

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More Pricing Information

Best Alternatives
	Formula Bot	Verint Intelligent Virtual Assistant (IVA)
Small Businesses	IBM watsonx Orchestrate Score 8.4 out of 10	IBM watsonx Orchestrate Score 8.4 out of 10
Medium-sized Companies	Genesys DX (discontinued) Score 10.0 out of 10	Genesys DX (discontinued) Score 10.0 out of 10
Enterprises	Genesys DX (discontinued) Score 10.0 out of 10	Genesys DX (discontinued) Score 10.0 out of 10
All Alternatives	View all alternatives	View all alternatives

User Ratings
	Formula Bot	Verint Intelligent Virtual Assistant (IVA)
Likelihood to Recommend	- (0 ratings)	8.0 (5 ratings)
Likelihood to Renew	- (0 ratings)	6.4 (1 ratings)
Usability	- (0 ratings)	7.0 (4 ratings)

User Testimonials
	Formula Bot	Verint Intelligent Virtual Assistant (IVA)
Likelihood to Recommend	Formula Bot No answers on this topic	Verint The IVA is very well suited to handle routine questions and basic actions that would typically require customer support. It may be a little more challenged handling edge cases but in those instances we have found it provides an easy transfer to a live agent Incentivized Verified User Anonymous Read full review
Pros	Formula Bot No answers on this topic	Verint Use of Acknowledgment base and AI engines. F&Q. Automate process such as consults, modifications and cancel reservations. Execute triggers for notify customer reservations. Incentivized José Martín Rivera Innovation and Projects Manager Read full review
Cons	Formula Bot No answers on this topic	Verint There is minimal documentation around what we can and can't do for IVA IVA seems to be a newer product so this is difficult when trying to implement new things IVA has a lot of non-Verint friendly terms (Think Prompt, vs. answer or Intent/Alternate vs. context). Incentivized Verified User Anonymous Read full review
Likelihood to Renew	Formula Bot No answers on this topic	Verint While I enjoy the IVA product, there is still some fine-tuning of the platform that can be done. There are some nuances to the Verint platform, which can make it difficult to start quickly. We thought business users would be able to easily manage the work needed within the IVA platform for our business; however, with how complex we want to make the experience, that was not possible. We quickly realized we needed more support than just our business users, who were not familiar with how to add API information into a conversation flow. This is why we expanded to others within our business to support the tool. Incentivized Verified User Anonymous Read full review
Usability	Formula Bot No answers on this topic	Verint It is well suited for employees with technical experience Incentivized JL James Liebherr Director, CX Operation Read full review
Alternatives Considered	Formula Bot No answers on this topic	Verint Verint Intelligent Virtual Assistant had more features and functionality than the Genesys product as well as customization and further options for internal system integration to our existing on-prem systems. In addition, we also had a rapport with other Verint products and were more familiar with their AI capabilities, making them the obvious choice. Incentivized Verified User Anonymous Read full review
Return on Investment	Formula Bot No answers on this topic	Verint Human agent hours operations More interactions will be attended by AI agents Reducing human agent licensing costs Attending more interaction in less time Incentivized José Martín Rivera Innovation and Projects Manager Read full review
ScreenShots		Verint Intelligent Virtual Assistant (IVA) Screenshots