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CRM White Paper: Benefits of hosted CRM Software
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Salesboom On Demand hosted CRM White Paper: Benefits of hosted CRM Software
Cost
One of the main pitfalls
of a software based small
business CRM software solution
is the cost factor. Most small
businesses can't afford the
enormous software acquisition
fees, upgrading all of their
existing (if it even exists)
IT infrastructure, hiring
and training new IT staff
to maintain this infrastructure,
training all existing staff
to use the software efficiently,
et cetera. The list is almost
endless, and most of these
costs, save for the up-front
acquisition fees, are generally
hidden. When a small business
is setting up a budget for
a project of that magnitude,
they will generally have to
see a guarantee potential
for a large ROI (Return on
Investment) for that project
before undertaking. The problem
is, of course, that return
can be often difficult to
predict for software based
solutions.
This cost is also compounded
by the extensive time it takes
to implement an on-premise
based small business online web based CRM software / web-based SFA solution. Many small businesses
have taken upwards of 8-12
months to get a fully functional
solution in place and usable.
Frequently, more than half
of this time is all billable
to consultants - before any
implementation even begins
to take place. This extensive
time sink is not only detrimental
to the timeframe it takes
to begin seeing a positive
ROI on your small business
online web based CRM software / web-based SFA solution, but when
all your IT consultants and
Systems Analysts are charging
you by the hour to discuss
how to implement your software
based system - it all adds
up quite quickly.
Flexibility
The general idea behind any
small business is to grow
and prosper. A small business
CRM solution will help accelerate
that process by increasing
the LTV (LifeTime Value) of
your current customer base.
However, as your small business
grows, your small business
CRM needs will change in many
areas. As these needs become
more and more essential, a
software based solution will
cease to be everything that
it was when it was first implemented.
Eventually, it will become
a necessity to overhaul the
entire system. This is of
course going to factor back
into the cost of implementation,
as you'll have to acquire
new or upgraded software licenses,
re-train your staff with the
new changes so that they can
again be as productive as
possible, and possibly upgrade
your IT infrastructure again,
depending on how out-of-date
the previous implementation
has become.
With no room for potential
growth (unless you wish to
re-acquire enough software
licenses for your entire small
business), on-premise based
small business CRM solutions
just simply refuse to grow
with your small business.
While they may solve your
needs for the first little
while, be careful in the future.
The entire premise behind
a small business online web based CRM software / web-based SFA
software solution is to help
your small business grow and
prosper - what good is the
solution if it doesn't grow
with you?
Software Updates
Software updates are one big headache. These days, software development companies are producing newer versions faster than ever before, to stay competitive on a saturated market. Often times, there will be a new update available for use before the software package you just purchased is even implemented. This results in a two-option scenario:
Stay the course with your current software
incarnation, as it's already
paid for and in the process
of being implemented. It still
fulfills your basic small
business CRM needs, and if
you pull out now, there has
been a wealth of wasted resources.
Scrap the current project and re-plan with the new update in mind. This will result in a lot of unnecessary financial waste, but will ensure that your software solution lasts longer than an older version.
All of this of course ends up leading to one
big question on any small businesses
mind: 'Why am I paying extra
for something that should have
been included in the first place?'
Well the answer is you shouldn't
be. Chances are, your on-premise
based small business online web based CRM software / web-based SFA provider told you that
their software suite was 'all
inclusive' and that it would
satisfy your needs. Well how
can that be if they're constantly
trying to get you to purchase
new updates, sometimes even
as soon as before your current
version is fully implemented?
Mobilization
Also, your software doesn't
travel with you. Some of the
more advanced products do
feature a mobile-friendly
synchronization, but you need
to have a licensed copy of
the product on every computer
that you use. So if you're
traveling on small business-related
purposes, or even taking a
well-needed vacation but need
to keep up with your small
business while away, you'll
find that the access to your
software solution is severely
lacking. And employee productivity
will not be impressive if
they can't even use your small
business CRM implementation.
online web based CRM software / web-based SFA are supposed to
be solutions to automate your
small business processes.
Nothing is automated if it's
not even accessible to you
or your employees. Salespeople
are becoming more and more
mobile by the day. How can
you expect them to utilize
the many benefits of a small
business online web based CRM software / web-based SFA if they
can't access it from a potential
client's home? Using paper
may have been an alternative
- 10 years ago - but today's
world is on demand.
The Answers
An on demand hosted CRM software
solution addresses and rectifies
these issues. Developed especially
for the small business and
their budgetary needs, this
approach is a 'software as
a service' model, and means
that the on demand provider
needs to earn your small business
on a month-to-month basis.
The benefits to this are many,
and the pitfalls are few and
far between. The days of spending
millions of dollars worth
of software acquisition licenses
are a thing of the past. Nobody
can expect a company of 50
employees to be able to snap
their fingers and make that
amount of money appear. This
is why software as a service
is such a desirable alternative
for many small businesses.
Without the backing of large
amounts of capital and investors
willing to contribute to the
small business online web based CRM software / web-based SFA software
solution, implementing the
project as an on demand hosted CRM software
service based model addresses
these issues and makes it
simple, even giving the small
business an edge in some cases,
to compete.
Low Cost
The cost for an on demand hosted CRM software project is negligible
compared to that of a software-based
solution. Almost all costs
associated with the project
are visible up-front, and
are available to be weighed
heavily against a predicted
ROI. Using the service on
a monthly basis means you
can recognize and identify
your costs and budget accordingly.
Each month you can weigh the
benefits against the cost
and make sure that your investment
in small business CRM is making
a healthy return.
In addition to this, since
the small business CRM provider
needs to retain your business
every month, if you have any
new needs, problems, or feedback,
they will need to adapt to
your new model, or risk losing
your small business to a competitor.
Only in a 'service' based
environment is this type of
on-the-fly adaptation possible.
You won't have to worry about
new unforeseen costs looming
around any calendar date in
your future with on demand hosted CRM software - your provider will make
sure you understand all your
costs up-front, and if the
situation changes, they will
be the first to let you know.
on demand hosted CRM software providers such
as Salesboom.com make sure
that their sales team is focused
on your needs, not pushing
software.
Flexibility
The on demand hosted CRM software model is
designed to grow with your
small business, not stagnate
while your small business
flourishes. If you find your
volume or needs changing and
growing as your progress (as
you should), your CRM provider
will have a readily-available
solution, with no extra hassles
for implementation and updating.
And it will be ready and functional
for you in a matter of days,
not months, like a traditional
on-premise based solution.
The entire idea behind small
business online web based CRM software / web-based SFA software
solutions is to help your
small business prosper. In
order to do this, it needs
to accompany your small business
through all of its growing
stages, and only in an on
demand software as a service
world is this truly possible.
With all the software being
provided to you from your
providers' servers, they'll
make sure that they have the
capacity to serve you and
your small business needs
properly every day of the
year. Most companies offer
cost-scalable solutions as
you grow, and are easily applied
transparently in a matter
of days. It doesn't matter
if you've started with an
employee base of 10 and are
working your way up slowly,
or if you already have 1000
employees and are looking
to make a massive jump, on demand hosted CRM software will be there with
you the whole way.
Updates
Updates are applied transparently
for most on demand hosted CRM software
solutions. You will not see
any downtime, you won't have
to pay new fees to use the
newly updated more functional
implementation, and best of
all, the new updates are likely
based on your feedback and
needs. Worried about your
existing legacy systems being
compatible with the new incarnation
of your on demand hosted CRM software
solution? Don't be. All of
the software is hosted and
taken care of by your CRM
provider. As long as you still
have internet access, your
small business CRM solution
is easily accessible, whether
it's on a computer from five
years ago, or one you bought
last week.
Updates are also systematic
and completely documented.
All bug reports are filed
and taken care of on a timely
basis, and the new documentation
that will be available after
each update will make sure
you can communicate with your
team how the changes affect
your operations. And if it
was a major change in the
way the small business online web based CRM software / web-based SFA software solution works,
don't worry, because your
CRM provider will have training
available to your key employees
- usually either in-person
or over the internet, whichever
is more convenient for you.
Mobility
on demand hosted CRM software means just
what the term 'on demand'
would imply: it's there for
you whenever you need it,
wherever you need it. You
don't need to be sitting at
the office using your existing
infrastructure to take advantage
of your small business CRM
software solution - it's available
to you from any place you
can access the internet. And
if you don't happen to have
access to the internet from
wherever you might find yourself,
don't worry about it. With
offline synchronization easily
available, you'll never find
yourself out-of-work or behind
schedule.
Your sales and marketing
teams will be completely free
to roam as they need to. Your
small business CRM software
solution will be available
to them as a wireless solution
as well. Easily connect to
your small business online web based CRM software / web-based SFA database from a wireless
PDA or similar device, and
enjoy all the functionality
and information that you have
at the office. You no longer
have to worry about missed
opportunities or forgetting
your notes - they're with
you wherever you are, whenever
you need them.
Deployment Time
One of the most attractive
features of an On demand hosted CRM software / Web-based SFA software solution is
the time it takes to get you
up and running. We understand
that your small business needs
its software solution, and
it needs it now. That's why
most small business online web based CRM software / web-based SFA software solutions can
be deployed and ready to use
within 30-90 days. Or, to
put it into perspective, your
small business CRM software
solution could be ready before
your trial period expires.
Eliminate all the extra hassle,
coordination and costs associated
with IT consultants, Systems
Analysts and Integrators,
Project Coordinators, and
other assorted hourly costs
that are billing you seemingly
every hour of the day. Get
your small business online web based CRM software / web-based SFA software solution when
you need it - right now. Anything
more than that should be simply
unacceptable.
Summary
To summarize; an on demand hosted CRM software solution meets
all the demands that your
small business needs, whether
they're supplied up-front
or are constantly changing.
This is an essential part
of the 'software as a service'
model, because once you choose
your CRM provider, they have
to continue earning your business
from month to month. With
the list of features constantly
growing, you'll find that
your on demand hosted CRM software
choice will constantly improve
itself without you missing
a beat. The lower costs of
this type of solution make
the project more lucrative
to your small business, and
the low time period associated
with seeing a positive ROI
make it lucrative to everyone
from the smallest business
to a Fortune 500 company.
If you need any further proof
as to why on demand is superior
to on-premise small business
CRM, think about this: If
it wasn't, why would software
based companies be implementing
on demand solutions to supplement
their existing legacy software
suites? From analytical sales
data, report generating, marketing
automation, complete compatibility
with legacy systems in place,
the bottom line of on demand hosted CRM software solution can be summarized
in one simple phrase: It's
not rocket science.
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sales@salesboom.com
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