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A Study Of Mainstream Features Of Crm System And Evaluation Criteria

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Conference

2003 Annual Conference

Location

Nashville, Tennessee

Publication Date

June 22, 2003

Start Date

June 22, 2003

End Date

June 25, 2003

ISSN

2153-5965

Conference Session

Web Systems and Web Services

Page Count

12

Page Numbers

8.122.1 - 8.122.12

Permanent URL

https://peer.asee.org/11453

Download Count

882

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Paper Authors

author page

Melissa Lin

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Abstract
NOTE: The first page of text has been automatically extracted and included below in lieu of an abstract

Session 1135

A Study of Mainstream Features of CRM System And Evaluation Criteria

Melissa C. Lin Information Technology Specialist U.S. Department of Agriculture

Abstract

This paper will discuss an overview of Customer Relationship Management (CRM) systems, mainstream CRM features and functionalities, CRM evaluation criteria and vendors selection. It will also include selecting a piece of enterprise application software, resolving a conflict of vendor solution and client’s requirements. The paper provides the study of the CRM features and evaluation criteria is based on a small to medium manufacturing company. A comparison table was prepared for helping the company to select an appropriate vendor.

I. Introduction

As companies face increasing competition, wider customer choice, and the challenges of doing e-Business in the 21st century, many have chosen to implement multi-year CRM solutions in response to their strategic imperative, and to improve the sales and marketing effectiveness/efficiency. A Customer Relationship Management (CRM) system is a software system designed to empower a company to maximize profits by reducing costs and increasing revenue; to increase competitive advantage by streamlining operations; and to achieve business goals. Most companies have been collecting information about their customers and trying to use this information to better understand and predict what customers might want next. Therefore, CRM is both information-based and technology- based, and is about building customer loyalty by putting customers at the center of what a company does. CRM also applies to how customers experience a company, not just how a company looks at its customers.

Many companies use CRM both as strategy and as software solutions to increase revenue through effective sales, marketing, and customer service by accessing customer information quickly and accurately. Using a set of customized software tools built around a CRM suite, the company can respond to its current business conditions and access

Proceedings of the 2003 American Society for Engineering Education Annual Conference & Exposition Copyright 2003, American Society for Engineering Education

Lin, M. (2003, June), A Study Of Mainstream Features Of Crm System And Evaluation Criteria Paper presented at 2003 Annual Conference, Nashville, Tennessee. https://peer.asee.org/11453

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