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Customer Relationship Management

In a world where the customer is always the king, more and more companies are going an extra mile to get to know the customers and make them feel happy. Customers want more than just courtesy of the person serving them, they want the sales representatives and the company to know them, recognize them and understand them. Here, the word “relationship” comes into place. Customers want a business relationship with the company where they can be appreciated and respected. Hence, customer relationship management, or CRM, is fast becoming one of the major elements of corporate strategies in many organizations.

Already, companies such as Hong Leong Finance and UOB are pouring in millions of money into IT initiatives that will see the deployment of new servers and a CRM system. These IT initiatives are aimed at enhancing the workflow processes thereby saving time and money in the long run.

Customer Relationship Management (CRM), is strategic approach that combines the business processes, technology, employees, and information across an enterprise to attract and retain profitable customers. In simpler terms, CRM means putting customers at the heart of the business.


7.3 Understanding of business processes and workflow

As the requirements of each company vary, CRM solutions are usually flexible and customisable. Therefore, an IS professional has to understand the CRM system well enough to be able to customise it to the company’s needs.

Some topics in this essay:
Training Certification, Automation CRM, Customising CRM, Merging Companies, Management CRM, CRM CRM, Siebel Systems, CRM Follow, Applications CRM, Strategy CRM, crm system, crm systems, crm market, customer service, customer-related information, crm analytics, wave crm, customer relationship management, relationship management, customer relationship, marketing strategy, analyse customer-related information, sales force automation, crm essentially database, erp vendors sap,

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Approximate Word count = 2268
Approximate Pages = 9 (250 words per page double spaced)


  

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