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← KPI Glossary
Financial Services & Insurance

Complaint Resolution Time

Average days to resolve a formal customer complaint. Regulatory bodies monitor this closely in financial services.

What is Complaint Resolution Time?

Complaint Resolution Time is defined as: Average days to resolve a formal customer complaint. Regulatory bodies monitor this closely in financial services.

What data source is used to measure Complaint Resolution Time?

Complaint Resolution Time is typically measured using data from a CRM / Complaints System. This system of record provides the transactional and operational data required to calculate and monitor this metric accurately and in real time.

Typical Data SourceCRM / Complaints System

Which industries track Complaint Resolution Time?

Complaint Resolution Time is a key performance indicator used across the following sectors:

  • ›Financial Services & Insurance

How does Firehawk Analytics measure Complaint Resolution Time?

Firehawk Analytics connects directly to your CRM / Complaints System and delivers a live Complaint Resolution Time dashboard. Configuration is completed within 48 hours — no data analyst required on your team.

More metrics from Financial Services & Insurance

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Cost-to-Income Ratio

Operating expenses as a percentage of operating income. The benchmark efficiency metric for banks and financial institutions.

Financial Services & Insurance
Core Banking / ERPView →

Net Interest Margin

Difference between interest income and interest paid, relative to earning assets. The fundamental profitability metric for lending institutions.

Financial Services & Insurance
Core Banking SystemView →

Claims Ratio

Total claims paid as a percentage of premiums earned. The key profitability indicator for insurance businesses.

Financial Services & Insurance
Claims Management SystemView →

Track Complaint Resolution Time in your business

In 48 hours, you'll have a live Complaint Resolution Time dashboard connected to your CRM / Complaints System.

Browse all KPI definitions →