Customer Relationship Management - CRM
Customer relationship management (CRM) software is comprised of
both business management and automation of the front-office
divisions of an organisation. CRM software is essentially meant to
address the needs of Marketing, Sales and Distribution, and
Customer Service and Support divisions within an organisation and
to allow the three to share data on prospects, customers, partners,
competitors and employees. The purpose of CRM software is to manage
the customer through the entire lifecycle, from prospect to
qualified opportunity to order.
CRM software automates many of the needs of Marketing, Sales and
Support users, such as Telephony, or the ability to conduct phone
calls and manage call data, and tools to capture, share and manage
automated alerts on lead data as it passes through the sales
pipeline. CRM software provides a standard framework for pushing
leads through a sales pipeline and managing it amongst many
stakeholders in real time in order to provide better customer
relations and grow revenues by creating more sales, and losing
fewer customers.
How to choose a CRM system
When it comes to Customer Relationship Management (CRM), it's
important to understand all the benefits of an integrated system
before beginning your selection process. That's why we provide this
general guide here - to provide you with the essential information
you need to make the best possible decision.
The information provided below is designed to help you build a
business case for a CRM system, form an effective project team, ask
the right questions, identify the challenges involved and much
more. If you want an industry-specific CRM solution, Pythagoras
offers a best-of-breed approach and experience in several vertical
markets ranging from manufacturing to government to finance.
Contact our CRM solution specialists for more information on
industry-specific CRM solutions.
Understanding CRM
CRM is more than just software or a set of processes - it's a
business culture solidly focused on winning and keeping the right
customers. A good CRM solution builds value for your business by
opening up vital communication channels and creating a common
client-focused knowledgebase to better serve your clients. CRM is
about understanding the buying habits and preferences of your
customers and prospects.
By effectively integrating your marketing, sales and customer
service functions, a good CRM system makes it easier for everyone
inside your company to work together and share critical
information. An effective CRM system empowers your customers and
prospects to do business with you - the way they choose! Imagine
connecting your customers to your employees and business partners
across any department, through any process and via any
communication device - phone, fax, email, or the Internet. CRM can
contribute many benefits to your organisation including:
New sales opportunities
A good CRM system will classify your prospects and help identify
your best customers. With detailed information on your customers,
you can accurately project and respond to their buying needs
throughout the sales cycle. A good CRM system can help you automate
routine sales tasks allowing you to spend more time focusing on
strategic sales issues.
Improved customer service
The right CRM system allows your team to take a proactive approach
to customer service. With up-to-date and complete customer
information at their fingertips, your employees can resolve
customer issues more quickly and successfully, creating more
selling opportunities.
Better decision making
CRM systems provide a single view of the customer across all touch
points and channels, as well as delivering comprehensive reports of
customer behaviours, marketing campaign results and sales activity.
Each of these elements are necessary for smart decision making and
long-term strategic planning.
Greater efficiency
With an integrated CRM system, you can gain immediate access to
your organisation's critical customer information. A good CRM
solution also increases internal efficiencies by automating
work-flow processes, reducing human error, decreasing process time
and providing consistency throughout the entire organisation.
- Build and strengthen customer relationships to keep them coming
back
- Provide value-added services that are difficult for competitors
to duplicate
- Improve your product development and service delivery
processes
- Increase your staff's awareness of customer needs
- Reduce customer frustration by not asking the same questions
over and over.
Getting started with CRM
Examine your current processes
Analyse your existing business processes from many viewpoints to
find out how they impact both your organisation and your customers.
By evaluating your processes now, you can identify what's working
and what's not and prepare to implement a new CRM system that
emulates the most effective strategies for achieving success.
How Pythagoras can help
Pythagoras offers specialised expertise in evaluating and
implementing CRM solutions. We offer a range of services including
strategy development, business process management, technology
implementation and training.
Microsoft
Dynamics CRM | Microsoft CRM 2011 | Microsoft CRM
Online | Microsoft CRM Sales | Microsoft
CRM Marketing | Microsoft CRM Service | Microsoft CRM
Outlook | Microsoft CRM Mobile | Microsoft CRM
Demo | Microsoft CRM
Whitepapers | Microsoft CRM
Statement of Direction | Microsoft CRM Accelerators |
Microsoft CRM
Services | Microsoft CRM Integration