Certain business oriented software products are designed to meet certain needs or specifications of any company; many are marketing or accounting programs that allow for easier management.  Other programs are considerably more complicated and are a means of communicating with customers and clients.  Of these, programed providers give different functions depending on size or financing needs.  A customer relationship management program — known as a CRM — gives increased customer satisfaction rates by collecting information and feedback, applying data against employee performance, and reducing sales and support costs.  Some CRM providers are available for free, but the higher end models can be significantly expensive.  Choosing a provider is a means of which functions are most desired by your business model.

CRM programs are often accompanied with enterprise resource planning — called an ERP program — as a means of integrating a company’s budget capacity and revenue with the customer information.  ERP and CRM solutions, thus, work alongside to give a more accurate forecast or solution policy.  The first company to lump these two features together back in 1972 is called SAP.  Originally used as a business node for data processing in Germany, SAP has grown to be the world leader in all CRM programming and has offices in dozens of countries.  SAP software can be used for marketing, sales, service, online commerce and budgeting, and channel management for partner industries.  SAP offers individual rather than mass programs, meaning that specific companies will receive specialized software for their corner of the market.

Though most CRM providers are giants, none is larger in size than Oracle.  Launched in the early 1980s, Oracle quickly went public and began to acquire companies such as JD Edwards and PeopleSoft.  Today, some five million companies use Oracle products, and an estimated one hundred million individuals rely on the programs in one way or another.  Oracle provides a large swath of services, ranging from standard marketing campaigns to high scrutiny data collection to analytic business models.

A recent entry onto the CRM marketplace is called NetSuite, a company that aims specifically at small and mid size business needs.  Unlike the juggernauts, NetSuite programs deal specifically with small yields and fewer client relations, billing on a service arraignment to reduce costs in tight times.  NetSuite software is largely user friendly, using an interactive dashboard to display and interpret the data collected.  The programs can be bundled with accounting and payroll features for all in one business network capabilities.

Small businesses may not know which CRM solution provider is the best for their needs.  There are many options available such as tailor made customer database, in house CRM, hosted CRM and off the shelf customer database.

As with everything each option has its negative and positive aspects.  Some would prefer customer databases as they believe that CRM is complicated and offers small businesses a poor return on investment.  However, what should be considered are the needs and requirements of the business in question.

When a small business starts out they initially rely on word documents and excel spreadsheets.  They have paper files and use e-mail as well as shared folders.  This is fine for the beginning stages of the business but as it evolves, getting easy access to customer information within a good time will become difficult.  This will mean that customer service levels will be reduced due to the fact that business processes are labor intensive.  This is the time that small businesses will start to search for alternative methods for storing their customer details.

Starting a customer database is a great idea and this tool is very useful to small and big businesses alike.  However, problems start to arise when the fact that every individual business has different information needs becomes known.  This means that businesses will have to look at a tailor made solution or customize an off the shelf database.  This is a very expensive endeavor. Another issue that arises with customer databases is that they are limited to storing information that is very basic.  The limitations of this mean that faxes cannot be stored.  Neither can e-mails, text messages, letters and any other useful information.  The information that can be stored is usually entered with a manual process that wastes the time of employees.  The other frustrating aspect of databases is that the information stored inside is limited to the database.  This means that the data cannot be used to generate documents, letters to the customer or send it to other systems.

One way to get past the limitations of customer databases is to use CRM.  A CRM solution is something that is designed
to specifically meet the needs of an individual business.  The customization is either done by the administrator or external developers are hired to do the job.  The ideal scenario would be to find a CRM solution that can be customized by the user if need be.  The developers will also add additional tools such as an accounting system, retail and messaging.  However there is one major issue with customization and that is cost.

A lot of CRM solutions like to promote numerous systems and the integration involved with this aspect is very expensive.  However, there are some benefits to this.  One of them is workflow management, electronic document generation and business automation.  Ultimately having the use of all these tools the business is able to maximize customer satisfaction as well has profitability, the way that the business performs and current customer relationships.

When push comes to shove is CRM actually any better than customer databases?  What about the biggest negative element to CRM, which is the cost?  Buying multiple systems and integrating them is not cheap however luckily for the buyer there is another option.  This option is web based CRM.

Web based CRM is said to be able to solve a lot of problems. However, to use it all business data must be uploaded onto the internet.  This means that the businesses would have to be uploading their accounting and product information, which is sensitive data.  Also the task of uploading every piece of business information is not a quick and easy task.   This long, dull job will be tedious to whoever attempts it.

A web-based interface has the disadvantage that they graphics will not be as good as those for a Windows based user.  Essentially the products are the same with the only differences being whether it is web based or windows based.  The only difference is the price.  A business can find a system they are able to make their own without having to pay for expensive customization.

Today the introduction of .net and the many .net components that come with it CRM solution providers can now provide front end sales systems in one single application.  The best aspect of this is that the price is that of a good off the shelf application.  It also comes with many features such as integrated messaging, work flow management and many more.

To avoid facing future costs that catch a business of guard or the unknown process limitations the best option is to speak to a CRM solutions provider.  They will help a business find the system that will best maximize their work flow while keeping costs low and affordable.

© 2011 CRM Consulting Guide Suffusion theme by Sayontan Sinha