Professional Documents
Culture Documents
Vendors Focus On Simplifying CRM
Vendors Focus On Simplifying CRM
"We see CRM spending rebounding from what had been a multiyear slump,"
said Elizabeth Roche, VP-enterprise applications strategies for research firm
META Group. "Even though the days of $100 million spending all at once
are over, we're seeing people investing tactically, and that's pushing
vendors to introduce new offerings."
The company introduced new analytics capabilities for its mySAP CRM
program. Enhancements include a real-time analytics option, planning
scenarios, marketing optimization and customer lifetime value modules.
META Group's Roche said users should expect to see more new offerings in
the fourth quarter and beyond.
"Vendors know that they need to provide increased choice but also knit
everything they have together. There are plenty of organizations that can't
afford or don't need an enterprise CRM product," Roche said. "CRM vendors
realize that this is a missed market, and they're providing a growth path for
the future."
They're also realizing that without analytics, growth is uncertain, she said.
"Vendors have been good about delivering operational CRM, but analytics is
part of the solution they need to get a panoramic view of the customer.
When everything comes together, the user and its customer benefit."
~~~~~~~~
By Karen J. Bannan
Copyright of B to B is the property of Crain Communications Inc. (MI).
The copyright in an individual article may be maintained by the author
in certain cases. Content may not be copied or emailed to multiple sites
or posted to a listserv without the copyright holder's express written
permission. However, users may print, download, or email articles for
individual use.
Source: B to B, 11/10/2003, Vol. 88 Issue 12, p17, 1p
Item: 11491334
Title: CRM providers target SMBs , By: Callaghan, Dennis, eWeek, 15306283, 9/1/2003, Vol. 20, Issue
35
Database: Business Source Complete
Intuit, of Mountain View, Calif, last week announced two customer service
software applications, QuickBooks Customer Manager and QuickBooks
Client Manager. The moves were prompted by company research that
showed only 13 percent of its QuickBooks small-business accounting
software customers have CRM software deployed.
Intuit and Marketplace, of Long Beach, Calif., are both taking aim at
companies with 20 or fewer users.
"For a company that has offices around the country, a tool like this is almost
a necessity," Fox said.
~~~~~~~~
By Dennis Callaghan
Copyright of eWeek is the property of ZDNet and its content may not
be copied or emailed to multiple sites or posted to a listserv without the
copyright holder's express written permission. However, users may
print, download, or email articles for individual use.
Title: CRM providers go custom , By: Callaghan, Dennis, eWeek, 15306283, 12/23/2002, Vol. 19, Issue
51
Database: Business Source Complete
Separately, market leader Siebel, of San Mateo, Calif., next fall will
introduce tighter integration of its Mid-Market Edition CRM offering with
Microsoft Office applications, officials said. In addition, Mid-Market Edition
will benefit from Microsoft's promise this fall to add support for Siebel's UAN
(Universal Application Network) integration platform in its BizTalk Server
integration software. BizTalk is a popular choice for application integration at
midmarket companies. There is no timetable for that support.
“The fact that Microsoft CRM won't provide a whole lot of customization in its
first release should limit their market from the start,” said John Meyer, CIO of
Code 3 Collectibles LLC, in Woodland Hills, Calif. Meyer, who uses Interact
Commerce Corp.'s SalesLogix application, described CRM software as a
“nebulous product” defined differently from company to company. Having
extensive, yet easy, customization capabilities is key to making the software
work properly, he said.
Shoring up CRM
COMPANY CAPABILITY
Salesnet Dashboard and Report Snapshot
provide
customized sales reporting and
automated
analysis
Upshot Adaptability and customization
enhancements planned
Siebel Tighter integration with
Microsoft
Office; UAN supported by
Microsoft
BizTalk
~~~~~~~~
By Dennis Callaghan
Copyright of eWeek is the property of ZDNet and its content may not
be copied or emailed to multiple sites or posted to a listserv without the
copyright holder's express written permission. However, users may
print, download, or email articles for individual use
Section: customer relations
Title: A to Z , By:
Bland, Vikki, New A to Z
Zealand
Management,
11745339, May2004,
Vol. 51, Issue 4 Our guide to who's who in CRM
Database: Business
Source Complete If there's one thing you need to know about customer relationship management
(CRM) in 2004 it's this: CRM is not the same thing as contact management. Why is
this important? Because, according to CRM specialists, New Zealand businesses
still regularly confuse the two.
Unlike contact management, CRM is less about what you know about your
customer and more about what they know about you. CRM strategies encourage
customers to believe a business knows their needs in advance, and helps
businesses to anticipate customer needs rather than just react to them.
Contact management tools are best described as a subset of that; they help
businesses to track and access up-to-date customer-contact information like details
of the last customer enquiry or the customer's account status. Despite this
confusion, CRM specialists say New Zealand businesses are increasingly aware of
the impact good CRM tools and practices can have on businesses' growth and
customer satisfaction.
Helen Robinson, managing director for CRM specialist Pivotal Corporation, thinks
CRM in New Zealand is now in a settled state. "CRM is widely understood to be
necessary -- both from a strategic perspective and technologically."
New Zealand businesses see the benefits and will continue to make CRM
investments, she says. "CRM is expanding into the dynamic front office, or demand
chain automation, where there is further value. Things like business process
management, analytics, marketing automation and execution will enable
organisations to adapt quickly and effectively to changing business requirements."
And smaller businesses now realise that CRM strategies are not just for large
enterprises according to Microsoft New Zealand solution specialist Charlie
Wood. "They [can be] affordable and easy to install for smaller businesses],"
he says.
Research last year from Gartner showed 15 percent of global businesses with up to
500 PCs had a clear CRM strategy and employed CRM software. It predicted this
penetration would grow to about 40 percent within the next five years. "As CRM
tools become more mid-market friendly, they will be used to level the playing field
and gain competitive advantage," says Wood.
Tony Bullen, Asia Pacific managing director for CRM specialists Stayinfront, says
that while CRM decisions should not be based solely on technology, technological
innovation is driving the CRM market.
But how much do well-tailored, customised, and supported CRM investments cost
SMEs?
Many New Zealand CRM brand resellers are also small businesses and so
companies of all sizes can pay one amount for software licensing and an
equal amount again for support and training, those costs rise exponentially if
the software requires a lot of customisation or the business needs extra
support."
Costs can also increase if a business decides to add CRM tools to an existing
financial or ERP software suite instead of investing in a full ERP suite that
includes CRM. With "sole CRM" implementations, the quality of software
integration becomes more important and consulting may be more expensive.
No one suggests CRM investment is cheap. But the up-front expenditure can be
offset if companies use hosted software services through application service
providers (ASPs) to trial CRM without purchasing a software licence. The business
then has access to CRM tools through an online connection for a monthly fee. "The
[ASP option] gives customers some flexibility. It's a low risk entry to CRM," says
Wood.
Bullen says analysing and supporting the New Zealand SME market is tricky
because small companies rarely employ people with CRM skills.
But SMEs that get CRM right have the most to gain. "CRM helps SMEs put
processes in place; they can tailor product offerings and marketing investments to
ensure sales opportunities are not falling through the cracks," says Bullen.
CRM specialists
However good CRM technologies are, most businesses are stuck without a quality
CRM specialist to help with CRM planning, design and integration. The following
guide lists key CRM brands available in New Zealand. Whether locally or
internationally based, brand providers tend to work with local business partners.
Where applicable, each brand provider has listed these partners.
Accpac
CRM claim
Designed to support all aspects of customer relationship management, ACCPAC
CRM is rapidly deployable in-house or as a hosted application. ACCPAC CRM
seamlessly integrates with your back-office ACCPAC accounting applications.
• Support
• Training
• Accpac CRM.com