What are the Benefits
of CRM?
The key objective of customer relationship management is to use an integrated
CRM system to streamline business processes and increase sales. This leads to more
satisfied customers, increased customer loyalty and maximized revenue. CRM
provides companies with a genuine competitive advantage and enables it to
exploit new markets.
Storing data centrally creates a company-wide user network
CRM focuses the whole company on the customer. All areas and departments –
from Sales, Marketing, Customer Service, Accounting, the Switchboard, through to
Management – use one standard, centralized CRM solution. Depending on their
individual rights, employees can access information in other departments,
enabling them to work together effectively and efficiently. This results in
structured, automated process throughout the company.
Customer dossiers provide all the information
Customer dossiers are the foundation of professional customer care. They
provide you with a 360 degree view of all your customer's information:
appointments, tasks, telephone notes, correspondence, sales opportunities,
complaints, orders, delivery notes and projects. The result: your employees are
always well informed and can always provide professional advice and make
informed decisions.
Customer knowledge reveals potential for development
Knowing what customers and the market want is essential for further
developing products and improving services. Customer profiles provide the best
source of information, whether in sales or customer service. Multidimensional
analysis highlights correlations and is used to identify potential for further
development.
Communicative measures depend on customer value
Demands and potential vary from customer to customer and they therefore require personalized
interaction. This interaction depends on the customer's value to the company.
Customers are segmented according to their value and the appropriate marketing
and service measures are then agreed on. This enables your sales force to operate
more efficiently, recommend the right product at the right time, and up- and cross-sell, thereby achieving better results. This way no sales opportunities
are missed.
Efficient and motivated employees provide the best service
Acceptance among employees and consistent focus on the customer are the key
to the successful deployment of a CRM system. Those who use a software solution
to keep up to date on their customers, perform routine tasks more efficiently,
make informed decisions and delegate tasks to specialists, have more fun at work
and are more motivated. Customers can sense it – they appreciate friendly,
competent staff.
Foresighted management is the key to a project's success
Precise project planning, clear structures and up-to-date analyses based on
all company data mean that a CRM system provides you with an overview of ongoing
projects. Projects remain manageable and efficient throughout – from
professionally planning resources, time and cost recording, through to
controlling.
Increasing customer retention reduces long-term costs
It is worthwhile investing in CRM early on, since deploying a CRM system
achieves great results quickly in just a few small steps. Whether renting or
buying – with cheap finance, you can install and use a CRM system immediately
without having to invest your capital. This leads to better organized business
processes and saves employees valuable work time, thereby reducing costs on the
long term.
CRM brings together existing applications
A modern CRM system integrates existing applications – such as MS Office and
ERP, archiving and communications solutions – and consolidates all information
on each customer on one platform. The solution is able to grow with the company
and can be customized to it needs: at the organizational level, at each
workstation, across several locations and national boundaries. All employees
within a company can access the information directly, enabling them to work more
efficiently.
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