Friday, March 28, 2008

Manufacturing.net Profiles Industrial CRM Leader Commence

Industrial CRM Leader Commence Profiled in Manufacturing.net

In Manufacturing.net, manufacturing journalist Thomas R. Cutler notes, ?Some ERP vendors offer industry specific CRM solutions; many do not. Bolt-on generic CRM solutions are frequently sold as the panacea; few are.?

 Larry Caretsky, President of New Jersey-based Commence, (www.commence.com/mfg), developers of a stand alone industrial CRM solution, suggested that most ERP companies offering CRM have shortfalls.   ?Managing the sales cycle and sales representative performance, marketing campaign management and integration with customer support are not provided by ERP tools,? he said.   CRM is not the strength for most ERP systems, which often utilize an add-on module but are rarely a full CRM package. In many cases, industrial customers who require full CRM capabilities are relegated to third party products or services.

Stand alone industrial CRM solutions provide effective lean CRM processes as long as the vendor truly understands the nuances and idiosyncrasies of the manufacturing sector; most do not. Generic databases do not address central issues facing all industrial operations.  According to Caretsky, ?Smart industrial organizations gather several key data points during customer research, which helps to define a CRM profile.?

According to CutlerPsychology Articles, ?Expertise in industrial CRM is more significant than whether fully integrated in an ERP system or stand alone industrial CRM; vendor experience in industrial sales and marketing trumps the selection of technology.?  The complete feature article may be read at http://manufacturing.net/article/CA6363848.html.

Commence offers industrial companies complete ?Freedom of Choice? to select the solutions and platform that best meets the business requirements of manufacturers and distributors. The comprehensive CRM Industrial application suite is available for use on premise or on-demand as a hosted service.  Industrial leaders often build departmental CRM solutions with the award winning Commence Industrial CRM Framework. These choices are why so many industrial companies choose Commence as the solution for managing customer relationships.  All Commence Industrial solutions support mobile or wireless connectivity and integration to back-office accounting and ERP systems.

Commence Corporation

www.commence.com/mfg/

Larry Caretsky

Marketing@commence.com

732-380-9100

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Thursday, March 27, 2008

Why does every company need a CRM (Customer Relationship Management)?

First, let?s define what a CRM is: The term Customer Relationship Management (CRM) software is a system that connects different parts of a company through the thread of customer relationships. Sales, Marketing, Accounting and Customer Service can all be tied together with a powerful, centralized CRM software made to retain customer loyalty, increase revenue, deliver consistent and efficient customer service, and finally, evaluate which customers to focus on.

Basically, every company has customers, and every company should maintain some basic information about those customers such as names, addresses, purchases, contracts, invoices, etc. Therefore every company should have at least some basic "CRM Technology" to track and serve their customers. Even small businesses use Outlook, Quicken or other applications for this purpose. If you use Microsoft Outlook for your daily communications, calendaring, tasks and appointments and need a way to track sales leads and opportunities, to share data across sales representatives, to improve the understanding of your sales process, to communicate with a broad groups of people on a one to one basis, to improve your business process in the most important area ? sales, and need a reporting system that beats multiple excel spreadsheets, then you need a complete CRM solution.

Why ? Because a CRM software can increase profitability for your business by reducing current operating costs, usually in the call center or distribution system, and by increasing customer value through smarter marketing using customer data to increase customer profitability.

Can you do it without a CRM ? Probably, but not as efficiently because only a CRM is built to take care of Customer personal needs ?centrally?, meaning that by using a single software, all the employees of the same company can access an organised database via Internet, where sales, customer service and management have access to the same customer data using tools such as ?Sales Force Automation? (provides Lead Management, Opportunity Management, Account and Contact Management, Reports and Dashboards specifically useful for your organization's sales team), ?Customer Support and Services? (provides Ticket Management, Knowledge Base, E-mail Notifications specifically useful for your organization's customer support team.), ?Marketing Automation? (provides Lead Management, Mailing Lists, E-mail/Mail Merge templates, Product Management, specifically useful for your organization's marketing team.), ?Inventory Management? (provides Products, Price Books, Vendors, Quotes, Purchase Orders, Sales Orders, and Invoices specifically useful for integrating your organization's sales, inventory, and accounting processes and enhance the sales effectiveness.) , providing a complete integration between pre-sales, post-sales, procurement, fulfillment, and other business processes within your organization.

In other words, a good CRM software will help you build customer relationships by setting mutually satisfying goals between organization and customers, establishing and maintaining customer rapport and producing positive feelings in your organization and for the customers.

Organizations that implement CRM and turn their business into e-businesses will find their competitors' customers ready to welcome them with a "smile". According to a study by IT Consulting firm Aberdeen - "The winners in this new economy will be those companies that can effectively leverage the Internet to redesign, automate and integrate all business operations".
Take the plunge!

Either jump on board with CRM and invest, knowing you need it, or get out the calculator and pencil and start adding up what you?re going to lose!

One thing is for certain ? a few short months after implementing your CRM solution, you?ll wonder how on earth you ever got by without it!
http://www.momentustech.ca

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Wednesday, March 26, 2008

Salesforce CRM guide

Making good use of superior customer relationship management (CRM) to manage and share information is a key competitive advantage for businesses today. At the same time, getting the greatest productivity and revenue benefits from sales force automation, marketing automation, and customer service applications is quickly becoming a top priority for companies of all sizes. CRM products and services make it easy for customers to conduct business with an organization in any way they want regardless of the communication channel they operate through. They also facilitate communication with customers across varying lines of business. In other words, CRM enables an organization to manage its relation with its customers efficiently through the introduction of reliable processes and procedures for interacting with those customers. Thus, in today's competitive business environment, successful CRM solutions have become indispensable.

Eventually a number of companies have evolved offering CRM products and services. However, Salesforce.com has emerged as a true winner out of them. Salesforce.com made its entry into the current market in the field of internet software and services way back in 1999. Marc Benioff, Parker Harris and David Moellenhoff were the founders of Salesforce.com, which is emerging as a pioneer in the field of CRM products and services during the recent times. Salesforce assists its clients in data contrivance, helps in maintaining candid and accurate customer feedback for umpteen products and services offered by different enterprises in the current competitive market. The incomparable professional services provided by Salesforce.com results in remarkable client gratification. The technical experts at Salesforce.com assist the end-users in customization of the existing CRM solutions and achieving better performance by picking out the right merchandise for future CRM implementation. The Salesforce automation services enable salespeople to be productive by automating manual and repetitive tasks, and provides organized data about their current and prospective customers, as well as permits companies to establish a system and a process for recording, tracking, and sharing information about sales opportunities, sales forecasts, and closed business.

With the advent of on-demand CRM, some very significant changes have been introduced in the realm of CRM. Salesforce.com is the worldwide leader in on-demand customer relationship management (CRM) services. The technology does away with the need to buy the software and hardware separately and then implement it yourself. With on-demand CRM, Salesforce performs the role of the IT experts for its clients. From building the infrastructure, the software, and providing upgrades, Salesforce executes all the operations in a transparent manner.

More companies trust their vital customer and sales data to salesforce.com than any other CRM company in the world because it delivers integrated, completely customizable enterprise applications for companies of all sizes. Also, because Salesforce is easy to learn and use, and it can be up and running in weeks or days -- not the months or years required as by traditional client-server CRM software. In fact, more than 399,000 subscribers at 20,500 companies worldwide depend on Salesforce to manage their sales, marketing, customer center, and customer service.

Mansi gupta recommends that you visit Sales force CRM for more information.

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Monday, March 3, 2008

What is a Successful Customer Relationship Management CRM

What is a Successful Customer Relationship Management CRM

Publishing Guidelines: You may publish my article in your newsletter, on your website or in your print publication provided you include the resource box at the end. Notification would be appreciated but is not required.

By S. Maurer

In today's competitive business environment, a successful Customer Relationship Management CRM strategy cannot be implemented by only installing and integrating software packages designed to support CRM processes.

Over the past few years, many companies have implemented operational customer relationship management - CRM - systems, and these companies are now analyzing customer behavior to plan and optimize marketing tactics and improve customer service programs.

Small and midsize companies have been able to implement more complete Customer Relationship Management CRM systems because they may not operate globally and may be newer organizations that have fewer business processes to contend with.

It's also worth noting that CRM used to focus on the telephone as the primary means of contact, with little attention paid to e-mail or the Web. However, electronic messaging is overtaking voice as the most common form of communication. Corporate call centers aren't going out of business, but they need new people and equipment to deal with e-mail and Internet inquiries.

In the hunt for the right CRM tool, be diligent in the vendor evaluation process. If you don't understand the vendor's CRM solution in its entirety, you might wind up with no solution at all.

Across every sector and industry, effective Customer Relationship Management CRM is a strategic imperative action for corporate growth and survival.

S. Maurer is a 53-years old college graduated IT professional, with 30 years of experience in the computer & technology business. Now is the Correspondence Courses Director of the Abet Open University: http://distance-learning-mba-online-mba-program-executive-jobs.net and http://mba-open-university.net

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Sunday, March 2, 2008

Microsoft Dynamics ERP Selection: GP, AX, NAV, SL, CRM ? notes for consultant

Microsoft recently (in September 2005) renamed its ERP product: Great Plains ? Microsoft Dynamics GP, Navision ? Microsoft Dynamics NAV, Axapta ? Microsoft Dynamics AX, Solomon ? Microsoft Dynamics SL, Microsoft CRM ? Microsoft Dynamics CRM. 

Microsoft recently (in September 2005) renamed its ERP product: Great Plains ? Microsoft Dynamics GP, Navision ? Microsoft Dynamics NAV, Axapta ? Microsoft Dynamics AX, Solomon ? Microsoft Dynamics SL, Microsoft CRM ? Microsoft Dynamics CRM.  The idea is probably nice ? to unify future concordance product under Microsoft Dynamics name.  There are multiple possibilities, however in getting all MRP systems merged into one Microsoft Dynamics and what should be taken as base and what should be phased out.  We can not be judges ? we will give you some facts for you to take into consideration.  This article is planned as a first entry point to look ?under the hood? of Microsoft ERP applications and probably compare the facts with the competition: SAP (especially SAP Business One if you are small or mid-size company or international branch of multinational corporation), Oracle E-Business Suite/Oracle Financials, also referred as Oracle Applications.

  • Microsoft Dynamics GP 9.0/Microsoft Great Plains.  This ERP was initially architectured by Great Plains Software ? Great Plains Dynamics and Great eEnterprise hit the market in earlier and middle 1990th.  If you remember those old-good-days of IT boom ? nobody knew which operating system will win: Unix/Solaris, Microsoft Windows, Apple MAC OS.  This is why ? the traditional (and pioneering way) for those days was to create a shell, written in C language to abstract you from Graphical platform.  Great Plains Dexterity was this shell, programming language (sanscript).  The second fundamental idea was to abstract Great Plains Dynamics from database platform, however the abstraction was done on the level of ?budget? database platforms: Ctree/Faircomm, and Btrive, later on Pervasive SQL 2000, for Microsoft SQL Server 6.5/7.0/2000 Great Plains used atomic stored procs approach to speed up database access.  Nowadays Microsoft Dynamics GP/Great Plains versions 5.5, 6.0, 7.0, 7.5 are available for Ctree and Pervasive, however since version 8.0 Microsoft Great Plains is available on MS SQL Server/MSDE platform only.  Currently Microsoft Great Plains 9.0 is offered in USA, Latin America, Canada (including French Canadian version for Quebec), UK, Australia, New Zealand, South Africa and other countries where official language is English ? such as South East Asia, for instance.
  • Microsoft Navision/Navision Attain/Microsoft Dynamics NAV.  Some ERP analytics believe that Microsoft Great Plains Business Solutions (later renamed into Microsoft Business Solutions) bought Navision Software (est. in 1984).  The fundamental ideas of Navision come to its own shell ? C/SIDE, database proprietary platform: C/SIDE, etc. Navision was designed to be flexible and grow with your business ? from small to upper mid-market.  Navision Software had its own marketing plans prior to be purchased by Microsoft and expanded in continental Europe, UK, USA (competing with Great Plains Software and Solomon Software).  When Navision was bought by Microsoft ? Microsoft Business Solutions offered and promoted Navision in East Europe: Russia, Romania, Bulgaria, Hungary, etc.  Plus it tried Navision in Brazil (over 100 implementations - 2005).  Navision is more flexible to localization challenge (than Microsoft Great Plains)
  • Microsoft Axapta/Microsoft Dynamics AX ? it seems to be rising star for Microsoft and it can compete with upper ERP/MRP mid-market. Axapta has modern design and its ability to expand is still in its architecture modern model (versus Great Plains or Navision ? where we see integrations with MS Office, Web Fronts/Business Portal/eConnect/eCommerce type of improvements).  In late 2005 we see US and UK MBS VAR activity to sign for Axapta and consultants training.
  • Microsoft Dynamics SL/Microsoft Solomon ? this ERP is for project-driven organizations.
  • Microsoft Dynamics CRM 3.0/Microsoft CRM 3.0.  This CRM solution from Microsoft is abreast of the majority of Microsoft recent ideas and innovations: Microsoft Exchange, Active Directory, XML Web Services driven MS CRM SDK with C# and VB.Net sample code.  Currently MS CRM 1.2 and 3.0 has integration to Microsoft Dynamics GP 7.5, 8.0 (with service patch) and 9.0 (coming?)

Please do not hesitate to call or email us: USA 1-866-528-0577, 1-630-961-5918 help@albaspectrum.com

Andrew Karasev is Chief Technology Officer at Alba Spectrum Technologies ( http://www.albaspectrum.com http://www.greatplains.com.mx http://www.enterlogix.com.br ) - Microsoft Business Solutions Great Plains, Navision, Axapta MS CRM, Oracle Financials and IBM Lotus Domino Partner, serving corporate customers in the following industries: Aerospace & Defense, Medical & Healthcare, Distribution & Logistics, Hospitality, Banking & Finance, Wholesale & Retail, Chemicals, Oil & Gas, Placement & Recruiting, Advertising & Publishing, Textile, Pharmaceutical, Non-Profit, Beverages, Conglomerates, Apparels, Durables, Manufacturing and having locations in multiple states and internationally

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Monday, January 7, 2008

3 Reasons Why CRM Strategies Fail

 Customer relationship management (CRM) is one of the most effective tools for improving customer relationships and therefore increasing revenue, customer satisfaction, and customer retention. Unfortunately, some CRM strategies fail. This leaves CRM vendors and their customers baffled, but there a few common reasons why a CRM strategy will fail.

1. Too much focus on the CRM vendor and technology. Some companies get too caught up in having the best possible CRM strategy out there. Some companies want entire call-centers, On-Demand CRM, Web-based, and Blackberry devices which allow their IT people to enter customer information wirelessly. While these technologies are extremely helpful, too much emphasis on them can lead any company astray. It is naturally very important to select the best CRM vendor for your company, but best does not always mean flashiest.

2. Not enough focus on the customer. Companies can focus too much on technology and strategy, and not enough on what is at the core of CRM: the customer. The first letter in CRM stands for Customer and so the customer should be first when thinking about any CRM strategy. A call-center can be wonderful if it is customer friendly. However, some call centers are too complicated and alienate the customer from the company. Alienation is the exact opposite of what companies want to achieve when implementing CRM. The real ROI of CRM is found in customer retention and the acquisition of new customers. In order to have success with CRM, a company must work towards building a strong relationship with its customers. CRM is the path through which the customer and the company can understand each other. Focusing on technologies and ignoring the basics of customer service will cause even the most technologically advanced CRM strategy to go wrong.

3. Rushing into CRM adaptation. Sometimes, company presidents get the idea of CRM into their head and decide that their entire company must be CRM-ready as fast as possible. Rushing into CRM is a recipe for disaster. IT workers need to understand the concept of CRM. Someone who understands the importance of CRM will be better suited to deal with customers and reach the companys goals concerning CRM. Rushing into CRM does not allow ample time for all IT people to be briefed on the basics of CRM and how it will be implemented within the business. Some companies implementing CRM have to create entire departments that never existed before. The greatest care must always be taken when creating an entire new section of a company. CRM should generally be implemented across the entire company. If this is rushed, it can lead to all sorts of compatibility issues, customer confusion, and even employee confusion. Data collected must be viewed across many applications, and ample time must be given for networks to be set up. Companies using CRM technology such as Blackberry devices, or Call-centers must be even more careful when implementing CRM for the first time. Technology is not perfect, and problems can occur at any time. Any company that sends their sales force out into the market with unchecked technology is asking for disaster.

Some say that it is impossible to determine whether CRM is a success or a failure. The true ROI of CRM lies with the customer. A company that avoids the pitfalls of CRM implementation will notice a dramatic increase in customer satisfaction, retention, and acquisition. CRM can help any company significantly if it is used correctly, carefully, but still efficiently. CRM technology can also help companies if it is used thoughtfully and timely. The entire company must be prepared for CRM when it is implemented. A company cannot expect exact numbers immediately after putting CRM into effect. CRM is a long-term strategy that will help achieve long-term goals of a company. Customer focus is essential and will help any CRM strategy to become a success.
Matt Hogansworth enjoys writing about CRM topics and CRM software vendors such as Salesforce ( http://www.salesforce.com).

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Wednesday, December 12, 2007

CRM -- Turning Customers Into Clients

Estimates that 20 percent of customers account for 80 percent of total revenues in some businesses is a wake-up call! Finding new business a climate like that is expensive, and often unrewarding. As Barry Stamos points out in 'Best' Customers: More Profitable Relationships (Email Marketing Newsletter), Why spend resources attracting new customers until optimizing the profitability of your client relationships?

Estimates that 20 percent of customers account for 80 percent of total revenues in some businesses is a wake-up call! Finding new business a climate like that is expensive, and often unrewarding. As Barry Stamos points out in 'Best' Customers: More Profitable Relationships (Email Marketing Newsletter), Why spend resources attracting new customers until optimizing the profitability of your client relationships?

More Bang for Your Buck

Customer Relationship Management (CRM) is organizing and maintaining strategic connections with clients and customers to turn that sorry 20/80 stat on its ear.

Successful CRM is about competing in the relationship dimension explains Bob Thompson, CEO, CustomerThink Corporation, Not as an alternative to having a competitive product or reasonable price- but as a differentiator. If your competitors are doing the same thing you are (as they generally are), product and price won't give you a long-term, sustainable competitive advantage. But if you can get an edge based on how customers feel about your company, it's a much stickier--sustainable--relationship over the long haul.

Putting Clients First

Service is a client-centric activity, but theres plenty in it for you, too. For small-business owners (SBOs) and independent professionals, developing and managing healthy client relationships and providing superior service increases cross-selling and up-selling opportunities, and can spin off endless chains of high-leverage qualified referrals. Building on your client base also increases profitability, by cutting front-end marketing time and costs; but its the quality of those relationships that affects persistency, enhances your professional reputation, and can lead to future business from your hard-earned clients.

Technically, of course, when you make a sale, you dont have a client, you have a customer. A customer is someone who buys from you once; a client is someone who will buy from you, again and again. Clients who trust you and your expertise will come to you (and maybe only you) for your products or services. A client relationship is one in which both the buyer and seller agree that the first transaction was not a one-time event.

Client Relationship Management goals are clear:

Being seen as confident, competent professional;

Proactively servicing your existing business and providing extra value;

Meeting additional needs as clients situations change, and

Earning prestige recommendations or introductions to other qualified prospects.

The buyer must accept Client status, however, its not a label that can be stuck to the buyer by the seller. Client relationships must be cultivated and nurtured to stay healthy. To borrow a line from former New York City mayor, Ed Koch, simply asking clients, How am I doing? is a great way to find out.

CRM is typically characterized by continuous contact, shared expectations and mutually beneficial relationships evolving over time. The post-sale period must be carefully managed. Thank-you messages are courteous and business-like; progress reports may be useful in some situations.

Make a point of contacting clients informally several times a year, in addition to holiday messages and regularly scheduled service contacts. It can add up, but todays SBOs and independent professionals have a really simple and powerful way of delivering much more value to clients with less effort, since virtually all client service contacts can be automated.

E-Communications Its Expected!

People have come to expect email service notifications and other communicationseverything from thank-you notes, birthday and holiday greetings to cross- and up-selling messaging. If youre not using automation technology and a Web presence to the max, youre at a disadvantage (because your competitors are!).

At the same time, a lot of businesses are slow to acknowledge customer inquiries and service requests. Business research firm, Jupiter Research (http://www.jupiterresearch.com), found that nearly one-third of companies either took three days or longer to respond to customers' email inquiries or never responded at all. Bad on them!

But that can all be fixed with automated messaging built into e-mail systems. Meeting basic customer service needs in these ways improves persistency and client loyalty.

Just as understanding the people you're looking for makes it easier to find more of them, a markets unique make-up can help you tailor appropriate client communications. As consumers become increasingly sophisticated, so does the benefit of targeting client communications, not just promotional messages, to their needs, interests and buying behaviors. With today's technology you can readily customize client communications to each market segment.

Smart CRM Another Way to Succeed

CustomerThink Corporations Bob Thompson: Said another way, you can succeed with CRM by being SMART: Define a customer-centric Strategy; use appropriate Metrics ; ensure your organization is Aligned with your objectives; Redesign work processes as needed; and use appropriate Technology tools as enablers. But it all starts by putting your customers first and creating a better relationship with them than your competitors offer.

Want More? Send questions and comments to w.willard3@knology.net.: Bill Willard has been writing high-impact marketing and sales training for over 30 yearsbut as Will Rogers put it: "Even if you're on the right track, you'll get run over if you just sit there. Through interactive, Web-based "Do-While-Learning" programs, e-Newsletters and straight-talking articles, Bill helps small-business owners and independent professionals get the job done.

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