Premium Essay

Crm System

In: Business and Management

Submitted By kwillia591
Words 621
Pages 3
Every business unit emphasizes on spurting a long term relationship with customers to nurture its stability in today’s blooming market. Customer’s expectations are now not only limited to get best products and services, they also need a face-to-face business in which they want to receive exactly what they demand and in a quick time.Customer Relationship Management is an upright concept or strategy to solidify relations with customers and at the same time reducing cost and enhancing productivity and profitability in business. An ideal CRM system is a centralized collection all data sources under an organization and provides an atomistic real time vision of customer information. A CRM system is vast and significant, but it be can implemented for small business, as well as large enterprises also as the main goal is to assist the customers efficiently. |
Usually an organization consists of various departments which predominantly have access to customer’s information either directly or indirectly. A CRM system piles up this information centrally, examines it and then makes it addressable within all the departments. Lets take an example of an international call center which uses a CRM tool called ‘xyz’ and is integrated with a phone and a computer system or laptop. Now this system automatically perceives which customer is calling. Before the executive attends the phone the CRM system brings forth the customer details on the computer or laptop screen and also indicates what the opportunity of deals is with that particular customer, what the customer had already purchased or ordered in past and what is the probability of buying in future. Not only this, it can also highlight what all products best suit this customer. For finance department it may show the information regarding the current balance and for accounting department it may pop out the information regarding the

Similar Documents

Premium Essay

Crm System

...implementation of customer relationship management (CRM) systems. What is the most effective way to realize all of the benefits from CRM system implementation? Research for this report included a review of current literature on effective implementation of CRM systems and the market data on popular CRM systems on the market available on Gartner, the leading information technology research website. Major findings indicate that just simply buying into a CRM system would not bring the promised benefits associated with the system. That is only possible if the implementations of the system is backed by appropriate strategies, supplemented by the aid of high tech IT solutions and it is the most important to know how to use the integrated information system to the best advantage. For the new CRM system being implemented in the company to be a success, the company has to evolve and implement a strategy that will iron out the kinks from the existing system to the new. The success of this endeavor depends greatly on the top management, who has to showcase their commitment and, most importantly, lead the way, guiding the rest of the employees to a new direction, which, when supplemented by the new IT infrastructure, can help give the company the competitive edge it so desires. At the end of the day CRM is only a tool, which can bring tremendous success to the company only if it is implemented and utilized properly. Introduction CRM is a more than just technology, it is a business focus...

Words: 2765 - Pages: 12

Premium Essay

Crm and Dss System

...A study of the integration between CRM systems and Decision Support System (Efficient support for multi levels of management in the organization) Nehad Omar Mohamed Arab Academy for Science &Technology & Maritime Transport Faculty of computer science and information systems Department of Information system (Decision Support Systems) Cairo, Egypt NehadOmarM@gmail.com Abstract This paper reports the results of a study into the Integration between customer relationship management systems (CRM) including different level of functionality with decision support systems(DSS),and analyzes the role played by the information system and its component, briefing simple steps of building a CRM system with quality to avoid the popular known problems of integration between systems trying to produce a clear data with enough degree of quality to be used the DSS system to support different levels of management in the organization to put their strategies based on expected number of customer. A combination of survey and case studies research approach was used. is a way of knowledge and can establish a correspondence between an object identified and a general system. In a systemic approach CRM helps organization to manage their customers, their prospects and their sales. CRMs can be either web-based or stand-alone systems and can keep track of people, their relationships to the organization , whom they work for, what they're doing, what they're thinking about buying and how often they contact you(as...

Words: 6865 - Pages: 28

Premium Essay

Crm Systems and Implementation

...dealer and license information andowner and contact information • Activity and e-mail management systems link e-mails with associatedcontacts, leads and opportunities • Service management increases customer loyalty by enabling consistent,personalized interaction across all customer touch points including,telephone, e-mail, Web, wireless devices and in-person meetings. Tata Motors implemented Oracle's Siebel Automotive, a comprehensivecustomer relationship management (CRM) solution designed specifically forcompanies in the automotive industry. Seamlessly integrated with Tata Motors’dealer management system and SAP back-office applications, Siebel Automotivehas delivered significant benefits across the extended organization, includingimproved customer satisfaction, increased revenue and productivity, andreduced costs. By tightly integrating Siebel Automotive and its dealermanagement system, TATA has streamlined transactions and ensured thatdealers capture customer data as a part of their normal operations. The solutionprovides a 360-degree view of customers to the extended organization, withappropriate visibility controls to ensure that one dealer is not privy toinformation from another. To further enlist dealer support, Tata Motors involveddealers throughout the solution configuration and deployment process.“Integrating Siebel Automotive with our dealer management system ensuredthat our dealers would immediately see the value in the solution,” Sreenivasanexplains. “This...

Words: 295 - Pages: 2

Free Essay

Evaluation of Crm/Pos Systems for Implementation

...GROUP PROJECT                 Joe & Sugars Cafe:  Evaluation of CRM/POS Systems for Implementation  Lindsay Crigler, Gracie Flyg  Brooke Hewitt, Katie Keeney, and Grace McCrary  BA 550 ­ Management Information Systems  December 7th, 2014                      1  GROUP PROJECT  ​ Abstract  Advancements in point of sale technologies are making it easier than ever to run a business.  Traditional ​  systems complete orders and payments from a standalone terminal, however  POS​ today's POS systems​  can do multiple useful things. Examples of the POS’ services includes  processing credit cards, and using mobile devices to transmit sales data to other software a  business already uses. Many POS systems now come with built­in customer relationship  management (CRM) features. These advances in technology allow business owners to perform  operations like inputting customer information, creating sales reports, and updating customer  databases in the cloud with ease. Businesses can save time and money, and grow as a company      2  by using POS data to build solid relationships and deliver the best customer experience possible.  This analysis and evaluation of POS & CRM systems is for Joe & Sugars Cafe in La Grande,  Oregon. The evaluation will examine the existing system, compare two possibilities of new  operating systems, and give a recommendation based on the analysis.            GROUP PROJECT Joe & Sugars Cafe is a coffee shop located in La Grande, Oregon on what is called the ...

Words: 5502 - Pages: 23

Premium Essay

Implementation of a Contact Resource Management (Crm) System

... small business consultation on the implementation of a Contact resource management (CRM) system | | Table of Contents I. Abstract II. Brief Company background III. Discussion of business problem IV. High level solution V. Benefits of solving the problem VI. Business/technical approach VII. Business process changes VIII. Conclusions and overall recommendations IX. High-level implementation plan X. Summary of project References I. Abstract This proposal will detail how the purchase and implementation of CRM system not only eliminates the current challenges Aces Wild Casino Parties’(AWCP) faces in data mining, data sharing, and effective email follow-up/marketing, but also that once a CRM is purchased and fully implemented some of the benefits that can be expected are: * AWCP customer data becomes centrally managed, eliminating duplicates and providing more security for sensitive information. In addition, sales overlap can be eliminated. * AWCP marketing teams have access to better quality customer information and can effectively reach out with more targeted campaigns. * Sales pipeline reports become more accurate and can be used for forecasting cash flow predictions. * AWCP management decision-making processes are streamlined due to the wealth of customer and sales information provided by a properly maintained CRM system * AWCP customer retention is improved due to a variety of reminders, follow-ups, and...

Words: 2195 - Pages: 9

Premium Essay

Case Study

...Management Information Systems 13e KENNETH C. LAUDON AND JANE P. LAUDON CHAPTER 9 ACHIEVING OPERATIONAL EXCELLENCE AND CUSTOMER INTIMACY: ENTERPRISE SYSTEMS Evolution Homecare Manages Patients with Microsoft Dynamics CRM CASE 2 VIDEO CASE Systems SUMMARY: Evolution Homecare used Microsoft Dynamics CRM to improve delivery of its home health services. Benefits have included productivity improvements, enhanced inventory management, better resource planning, and more effective reporting. L= 5:14 URL http://www.youtube.com/watch?v=JgCz9tfcXV0 CASE For people with serious illnesses, many procedures must be performed in medical facilities like hospitals and skilled nursing homes. But it is also possible to deliver medical-related services in a home setting using a home health-care service. In most cases, it is much more economical to be treated at home, and recent studies show that patients receiving healthcare services who are surrounded by their family and friends make faster progress. Home health care may include skilled nursing in addition to speech, occupational and physical therapy. It also includes monitoring the patient’s prescriptions and sometimes assistance with household chores. In the United Kingdom, Evolution Homecare is a leading provider of home health-care services, with special expertise in the supply and administration of critical medicines to patients in their homes. Evolution Homecare is part of the Celesio Group, which is one of the leading...

Words: 941 - Pages: 4

Premium Essay

Analysis of Microsoft Dynamics Crm Solutions

...II. Brief History of Microsoft Corporation 2 III. History of Microsoft Customer Relationship Management Software 3 A. Timeline 3 B. Additional Information on MS-CRM Dynamics 2011 3 IV. Common Business Issues 3-6 V. Proposed Solution 6-7 VI. Recommendations for Executive Committee 7-8 VII. Attachments 8-15 A. References 8-9 B. Supplemental Materials 9-15   I. Executive Summary Especially true in today’s global economy, time is money and cost is the most volatile aspect of management. Efficient software solutions are an integral aspect of forward-thinking organizational management. The top competitors to Microsoft in the Customer Relationship Management (CRM) sector are Oracle and SalesForce.com. This document will analyze deploying Microsoft’s CRM solutions in any company wishing to maintain a competitive advantage in the current economy and technological realm. II. Brief History of Microsoft Corporation As can be read in an analytical Excel document we created in August of 2011: In 1975, Gates and Allen form a partnership called Microsoft. Like most start-ups, Microsoft begins small, but has a huge vision—a computer on every desktop and in every home. In June 1980, Gates and Allen hire Gates’ former Harvard classmate Steve Ballmer to help run the company. Starting with a new operating system named "MS‑DOS," their hard work revolutionized daily office work into what will eventually become the MS Windows mogul. On August 6, 2011, ZDNet.com published an article...

Words: 1509 - Pages: 7

Premium Essay

Riordan Outline

...current system is not compatible to all locations which has become expensive and time consuming to navigate the daily operations. I. New System Hardware A. 12 HP ProLiant ML350 GEN 8 B. 140 HP Z230 Workstation Computers C. 12Motorola Mc9190-Z RF10 Readers II. Software and Applications A. Microsoft Dynamics AX (ERP) B. Microsoft Dynamics CRM (CRM) C. PBL Scorecard (DSS) III. Security A. Wireless MAC Authentication B. IDS C. Network Access Control (ADS) Riordan needs to ensure that the new system integrates procedures for collecting, storing, maintaining, retrieving and validating data that flows in the organization. The proposed system will streamline departmental procedures and actions while keeping accurate data from the warehouse, personnel, payroll, HR, and all other departments. I am proposing that we replace the existing servers at all four locations and install 3 HP ProLiant ML350 GEN8’s at each location. One server at each location will be used as a backup in case of outages or maintenance. We will also replace all of the end user desktops with HP Z230 workstation computers. This will ensure that everyone will be using the same hardware and software to simplify training and repairs by the IT department. We will also be purchasing 12Motorola Mc9190-Z RF10 Readers for the warehouse and shipping departments as well as Android based tablets for traveling sales people. Our software choice will be a Microsoft packages. There is a separate package for our CRM and ERP...

Words: 433 - Pages: 2

Premium Essay

The Impact of Enterprise Systems on Corporate Performance: a Study of Erp, Scm, and Crm System Implementations

... The impact of enterprise systems on corporate performance: A study of ERP, SCM, and CRM system implementations Kevin B. Hendricks a,1, Vinod R. Singhal b,*, Jeff K. Stratman b,2 b Richard Ivey School of Business, The University of Western Ontario, London, Ont., Canada N6A-3K7 College of Management, Georgia Institute of Technology, 800 West Peachtree St., NW, Atlanta, GA 30332-0520, United States Available online 23 March 2006 a Abstract This paper documents the effect of investments in Enterprise Resource Planning (ERP), Supply Chain Management (SCM), and Customer Relationship Management (CRM) systems on a firm’s long-term stock price performance and profitability measures such as return on assets and return on sales. The results are based on a sample of 186 announcements of ERP implementations, 140 SCM implementations, and 80 CRM implementations. Our analysis of the financial benefits of these implementations yields mixed results. In the case of ERP systems, we observe some evidence of improvements in profitability but not in stock returns. The results for improvements in profitability are stronger in the case of early adopters of ERP systems. On average, adopters of SCM system experience positive stock returns as well as improvements in profitability. There is no evidence of improvements in stock returns or profitability for firms that have invested in CRM. Although our results are not uniformly positive across the different enterprise systems (ES), they are encouraging...

Words: 13588 - Pages: 55

Premium Essay

Case Studies Mdcm a & B

...team were tasked to define the overall company strategy, business goals and high level IT objectives. MDCM Inc. corporate strategy is to run the company under one single brand across all its subsidiaries geographically based. The company needs to boosts it profits by increasing productivity, to solve this requirement IT Systems and the implementation thereof needs to be addressed. This is due to current lack in forecasting, scheduling, inventory and supply chain problems. We need to match/ align the IT objectives with the company strategy. We wants to be a market leader in the medical product manufacturing industry and we want to increase our market share. We need to reduce internal costs by identifying functional areas where IT can be applied to assist in reducing costs, i.e. IT systems will replace some of the workforce. The risk here is that currently we have so many different / complex systems in place that that also leads to higher admin costs. Not all of the staff understands all the systems. This leads to previously mentioned lack in forecasting, scheduling, inventory and supply chain problems. If one overall system is put into place, the system will replace some staff members that is supposed to look after these tasks and thus increase efficiency. Sharing of information between various departments will improve the services offered to our customers and that would ensure we meet the customers’ requirements in a timely manner. This will also assist us to acquire...

Words: 1649 - Pages: 7

Premium Essay

Management Information Sytems

...for watching video? Can you identify any shortcomings of the device? 2. Compare the capabilities of the Kindle to the iPad. Which is a better device for reading books? Explain your answer. 3. Would you like to use an iPad or Kindle for the books you use in your college courses or read for pleasure instead of traditional print publications? Why or why not? II Porter’s competitive forces model helps companies develop competitive strategies using information systems. In this context answer the following questions: 1. Define Porter’s competitive forces model and explain how it works. 2. Describe what the competitive forces model explains about competitive advantage. 3. List and describe four competitive strategies enabled by information systems that firms can pursue. 4. Describe how information systems can support each of these competitive strategies and give examples. 5. Explain why aligning IT with business objectives is essential for strategic use of systems. III Discussion Questions 1. It has been said that there is no such thing as a sustainable competitive advantage. Do you agree? Why or why not? 2. It has been said that the advantage that leading-edge retailers such as Dell and Wal-Mart have over their competition isn’t technology; it’s their management. Do you agree? Why or why not? 3. What are some of the issues to consider in determining whether the Internet would provide your business with a...

Words: 296 - Pages: 2

Free Essay

Social

...Structural functional theory is when society is a complex system of interconnected and interrelated social structures each having a function and working together to promote social stability. One hundred million people shop at Wal-Mart every week. Wal-Mart is very convenient for people to shop at. Most people do not even have to shop at other stores because Wal-Mart has everything. It’s also convenient because it is right around the corner from a lot of customers houses; they don’t have to travel far to find a Wal-Mart store so they save gas. People already know that Wal-Mart has the lowest prices so they don’t have to search for stores with low prices. The items sold are good quality as well as cheap. What more could someone ask for. Wal-Mart is a world leader in logistics and promotes greater efficiency between its suppliers. Bob McAdam who is the Wal-Mart vice president states in the video, “We are raising the standard of living through lowering the cost of goods for people.” He is saying that Wal-Mart is good for Structural functional theory is when society is a complex system of interconnected and interrelated social structures each having a function and working together to promote social stability. One hundred million people shop at Wal-Mart every week. Wal-Mart is very convenient for people to shop at. Most people do not even have to shop at other stores because Wal-Mart has everything. It’s also convenient because it is right around the corner from a lot of customers houses;...

Words: 1849 - Pages: 8

Premium Essay

Summary Mullins

...The systems approach Attempts to reconcile the classical approach (emphasised the technical requirements of the organisation and its needs) with the human relations approach (emphasised the psychological and social aspects, and the consideration of humans needs). The attention is focused on the total work organization and the interrelationship of structure and behavior, and the range of the variables within the organisation. The principal idea is that any part of an organisations activities affects all others parts. The business organisation is an open system, there is continual interaction with the broader external environment of which it is part. The systems approach views the organisation within its total environment and emphasies the importance of multiple channels of interaction. The systems approachs views the organisation as a whole and involves the study of the organisations in terms of the relationships between technical and social variables within the system. The contingency approach This approach explain that the most appropriate structure and system pf management is therefore dependent upon the contingencies of the situation for each particular organisation, this approach implies that the organisation theory shouldn’t seek to suggest one best way to structure or manage organisation but should provide insights into the situational and contextual factors which influence management decisions. Other approaches to the study of organisations: -The decision-making...

Words: 366 - Pages: 2

Premium Essay

Miss M Mei

...Chapter 1: Two Different Worldviews   The Framework of Individual Psychology   The Framework of Systemic Family Therapy   Basic Concepts of Systems Theory and Cybernetics   Family Therapy or Relationship Therapy?   Summary    Chapter 2: The Historical Perspective   Planting the Seeds: The 1940s   Cybernetics   Development of Interdisciplinary Approaches   Gregory Bateson   Putting Down Roots: The 1950s   Bateson (Continued)    The Double-Bind Hypothesis   Nathan Ackerman   Murray Bowen   Carl Whitaker   Theodore Lidz   Lyman Wynne   Ivan Boszormenyi-Nagy   John Elderkin Bell   Christian F. Midelfort  Overview of the 1950s   The Plant Begins to Bud: The 1960s   Paradigm Shift   The MRI   Salvador Minuchin   Other Developments   Blossom Time: The 1970s   Psychodynamic Approaches   Natural Systems Theory   Experiential Approaches  Structural Approaches   Strategic Approaches   Communication Approaches   Behavioral Approaches   Gregory Bateson   Connecting and Integrating: The 1980s   Other Voices   The Limits of History   Controversy, Conflict, and Beyond: The 1990s   The Feminist Critique   Family Therapy and Family Medicine   Integration and Metaframeworks   Managed Care   The Twenty-First Century: Continuing Concerns and Emerging Trends   Summary   Chapter 3: The Paradigmatic Shift of Systems Theory   A Cybernetic Epistemology   Recursion   Feedback   Morphostasis/Morphogenesis   Rules and Boundaries   Openness/Closedness   ...

Words: 954 - Pages: 4

Premium Essay

Know and How Reflections

...first lectures of the course show an empirical and theoretical view of the major principles of the organizational design as well as the alternative design forms. The stakeholders, both insiders and outsiders, and their behavior or relations of cooperation and competition suppose an analysis need that provides them of a huge importance. I also realize about the importance of the agency theory and the problems and remedies caused, improving the importance of efficient corporate governance. This need of a good organization is solved by the systems theory, ”Organizations are systems of interdependent activities linking shifting coalitions of participants; the systems are embedded in – dependent on continuing exchange with and constituted by – the environments in which they operate”. (Scott, 1998:28). The systems which formed the organization have a common target and are classified in three levels based on their relevance. Both, stakeholders and systems, needs an analysis in order to get success in our procedures and adapt the venture structure to the different organizational designs provided in the lectures. After understanding these concepts, the lectures focused on the relation between the main management factors (Vision and mission) and the drivers analyzed, providing goals and strategies to the organization. As important as the creative process is the analysis to know the organizational boundaries, which let the organization look for available goals based on the efficiency and effectiveness...

Words: 824 - Pages: 4