3 Ways that CRM can Drive Revenue Within Your Company
Posted on: November 23, 2016 | By: Craig Thompson | Microsoft Dynamics CRM
Often times when consumers think of ways to drive revenue within their companies, they often turn to automated ERP systems like Acumatica or Microsoft Dynamics GP. However, CRM systems like Microsoft Dynamics CRM can work wonders for growing your customer relationships and driving revenue within your organization. Currently, over 2 million users working at over 30,000 companies around the globe depend on Microsoft CRM to manage sales, marketing and operations and can testify to its power within the workplace. Don’t believe us, trust them and check out some of our CRM case studies. Below are three of our favorite ways that CRM can help build your business.
1. Project Management
Tracking time and costs for projects can be difficult, especially with many different revenue streams and expenses available in one project. With an advanced CRM system like Microsoft Dynamics, users can schedule resources and monitor progress in real time so that your users can consistently have a full view of your organization. Use CRM for time and expense entry, resource utilization and metrics tracking, invoicing, managing project documents, and access to the reports that you need to run your most effective project yet.
2. Connect with Social Savvy Customers
Customer contests are growing in popularity, especially for organizations looking to increase customer value and loyalty within your brand. Instead of expanding the website for each contest you decide to run, relying on Microsoft Dynamics CRM while working with your current website, contests are easily managed. Store participant information, analyze response rates and fine tune contests based off of participant interests to maximize your success. Something that would take a significant amount of time to manually process.
3. Know your Inventory
Some inventory processes are so unique that they need a special solution to help it all run smoothly. Luckily, Dynamics CRM can help handle complex inventory processes to simplify your business. Generally when people think of calculating distribution performance or managing a distribution or manufacturing company, they think of an ERP system however the value found for smaller businesses in just harnessing the CRM system or even integrating your CRM and ERP systems is priceless. Stop making estimates when placing orders and running shipments, utilize Dynamics CRM and have a complete view of your up to date inventory levels and cut incredible budget costs.
For more information on Dynamics CRM and how it could drive revenue and simplify daily processing within your business, contact Logan Consulting your Chicago based Microsoft Dynamics Partner for a consultation.
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