1. Extraordinary time saving
First benefit – The initial set up of your CRM system may seem time-consuming and tedious, temporarily increasing your workload and data entry. That’s exactly it, temporary. In implementing or changing your CRM, the larger the effort, the larger the reward. Resulting in time saved in all aspects of your business for years to come.
2. Maximum motivation
Having a CRM system can help you set, delegate and track the short and long-term goals for your business. Many CRM systems have visual aids and advanced graphics. That helps to SHOW you how far you have progressed and what you need to improve on or continue with.
3. Commission calculation made easy
Commission for sales reps is usually calculated using alternate accounting software or on a basic spreadsheet. Changing to a CRM program can help your accounting department easily calculate commissions based on the performance of sales representatives.
4. Keeping of top of trends
Next, traditional sales data is typically acquired during reporting periods, showing you a wide picture of sales and product trends. But CRM based data can help spot emerging trends and marketplace shifts with the use of an internet connection. Hence, accurately helping your business shift and accommodate your customer’s ever-changing needs.
5. Strategic business planning
Implementing a great CRM system can not only track tasks but can also act as a well rounded, all bases covered project management system. In addition, tracking data and assisting with key decision-making processes.
6. Making the customer key
Your relationship with the customer is key, making management an essential part of your everyday business regime, this is where a CRM is a perfect tool, and honestly, the name says it all.
7. High light red flag customers
Your CRM system will be able to highlight any unusual occurrences or a drop in sales, helping track and view order history and frequency, store detailed notes and information about your clients and help identify where improvements need to be made.