May 15, 2000
|
|
CRM Tools:
Match Your CRM Tool To Your Business Model
No tool is a market leader in all areas, but all must fill essential requirements
By Chuck Trepper
| Related links: |
|
|
| TechEncyclopedia |
|
Send Us Your Feedback |
apidly evolving CRM technologies give businesses an array of tools to enhance customer relationships. Hundreds of software providers offer software solutions and services to improve sales and marketing performance and integrate multiple selling channels.Specifically, these technologies are designed to automate sales and service functions, aggregate customer information into data warehouses and data marts, and manage collaboration with customers through an expanding number of "points of interaction."
The CRM universe can be broken down into three discrete but interrelated functional categories:
The core functionality of a CRM product is its ability to maintain a single, cohesive view of the customer for the customer-facing functions of sales, service, and marketing. This distinguishes them from older and less-functional sales automation, customer service, and marketing automation software.
| Leading Enterprise Front-Office Applications | ||
|
Baan Front Office Baan Santa Clara, Calif. 408-919-2100 www.baan.com
Avenue CRM Suite
Epiphany E.4
|
eRelationship 2000 and Intelligent eSelling 2000 Pivotal Kirkland, Wash. 877-748-8625 www.pivotal.com
MySAP.com and Business Information Warehouse
Oracle FrontOffice |
PeopleSoft CRM/Vantive Enterprise Vantive/PeopleSoft Pleasanton, Calif. 925-225-3000 www.peoplesoft.com
SFA Plus
Siebel eBusiness 2000 Suite |
CRM software must have the ability to support sales processes, opportunity management, and pipeline management. It examines forecasting, territory management, and team-selling capability. CRM vendors must also focus on sales-productivity tools, including sales configuration and quote generation.
Marketing performs two functions that require capability from CRM software: campaign management and prospect generation. Companies look for the ability to both manage and execute a campaign at all stages, from planning to determining its success rate. Companies that are evaluating CRM software must examine how prospect generation is linked and related to sales.
CRM software must have the ability to run a customer-service or -support operation, including the capability to record interactions with the customer, as well as being able to provide differentiated service according to the terms of a contract.
No single CRM tool meets all these criteria. The vendor that can fulfill these goals will quickly leapfrog to the forefront.
Back to Labs
Send Us Your Feedback
Top of the Page
BP seeking Regional Desktop Coordinator in Houston, TX
Agilent Technologies seeking Marketing Manager in Melbourne, AU
Advancement Project seeking Junior Web Developer in Los Angeles, CA
Johns Hopkins Univ Carey Business School seeking Asst Dean for IS in Baltimore, MD
City of Westland seeking MIS Director in Westland, MI
For more great jobs, career-related news, features and services, please visit our Career Center.