Top 5 prerequisites for a successful Enterprise CRM - PowerPoint PPT Presentation

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Top 5 prerequisites for a successful Enterprise CRM

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CRM does not limit itself to an IT solution or simply software, it encompasses an entire business strategy that uses IT and business practices as the drivers to drive the entire CRM front and thereby gain total customer satisfaction and healthy client relationships. – PowerPoint PPT presentation

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Title: Top 5 prerequisites for a successful Enterprise CRM


1
Top 5 prerequisites for a successful Enterprise
CRM solution
  • By SPEC INDIA

2
CRM An IT Revolution
  • CRM (Customer Relationship Management)
    encompasses a chain of succeeding revolutions.
  • In the early 2000s, there was a demand of CRM
    technology and organizations were ready to
    implement it because of its innovative and
    business oriented features.
  • It was meant to satisfy the sales, marketing and
    customer support requirements of organizations.
    As and when time passed by, CRM went on to become
    more comprehensive and started fusing well with
    the latest IT technologies.

3
CRM An IT Revolution
  • That is where Enterprise CRM solutions and that
    too, mobility driven, came in and are ruling the
    world today.
  • Few of the many benefits that are eye striking
    are
  • Quick business process execution
  • Real time information
  • Customer satisfaction
  • Stupendous flow of information throughout the
    hierarchy, starting from the sales force teams to
    the central management

4
Key Factors to Ensure Successful CRM
Implementation
5
1. Thorough understanding of the business
  • One of the most important aspects for a
    successful implementation is the detailed
    understanding of the business itself and exactly
    in which manner does the business intend to
    interact and satisfy the customers.
  • CRM does not limit itself to an IT solution or
    simply software, it encompasses an entire
    business strategy that uses IT and business
    practices as the drivers to drive the entire CRM
    front and thereby gain total customer
    satisfaction and healthy client relationships.

6
2. Creating and following a proper plan
  • It is very much essential that for such a massive
    implementation, there should be proper planning
    and execution of activities very much based on
    the plan.
  • A determined process indicating timelines for
    jobs like work scheduling, identifying critical
    success factors, risk mitigation and many more.
  • Matters like scope escalation and deviation need
    to be catered to as and when they arise in such a
    way that they do not become the reason for the
    entire project to suffer.

7
3. Correct team structure
  • If your requirements and further phases are well
    defined and accurate, implementation is bound to
    be easy and simplistic.
  • It becomes very essential right in the start, to
    have a team of people who know what they want and
    what is good for the organization.
  • Compromising on the team and letting in every
    Tom, Dick and Harry is not going to benefit the
    project later.
  • In short, to achieve the CRM objective, the right
    people have to be a part right from start.

8
4. Implementation with minimal disturbance
  • In order to have a booming run through, the
    lesser disturbance in the current business flow,
    the greater are the chances of a smooth flow.
  • If the implementation is planned in such a way
    that it is done in phases, gaining success in
    shorter spans and not touching their business
    flows on the whole, it surely will show good
    results.

9
5. Precise forecasting on Total Cost of Ownership
  • When we talk of the total cost of ownership, it
    is imperative to have worked out a finance model
    which in realistic terms, has covered all aspects
    of implementation and their respective costs.
  • Budgeting the same and putting the approximate
    costing in relevant phases is equally important
    so as to avoid any type of financial deviation
    and thereby a disruption in implementation.

10
SPEC INDIAs Renaissance eCRM solution
  • This CRM / SFA solution encompasses the
    enterprise workflow for a diversity of audiences
    like sales teams, service and maintenance teams,
    dealers and distribution channels
  • Inclusive of dealers, it also possesses 3rd party
    legacy system integration
  • Aims to change the companys ROI equation and
    achieve voluminous savings in administration of
    the sales teams
  • Majorly contributive in enabling companies
    achieve ROI in just 4 months, for which proven
    statistics are available

11
The Power of 1. Diverse. Scalable.
To know more about Renaissance Enterprise CRM
Solution Visit the link below and schedule a FREE
DEMO www.ecrmsolutions.co
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