The generally accepted purpose of Customer Relationship Management (CRM) is to enable organizations to better serve its customers through the introduction of reliable processes and procedures for interaction with them. A successful CRM strategy is usually implemented through a software package designed to support these processes.
CRM involves the following area of business:
- Sales Force Automation
- Order Management
- Centralized Customer Records
- Overseeing manufacturing tasks;
- Global Sales Management
- Marketing Automation
- Renewals Management
- Commission Management
- Sales Forecasting
- Sales to Finance/Fulfilment Integration