CRM Costs – Calculated Correctly
CRM Cost
CRM cost is a two-fold topic. The first part deals with how much it costs to implement a CRM software system. The second part addresses which on-going business costs are reduced when implementing a CRM.
Cost-CRM cost reductions
- Activity Knowledge. There is no longer a question of how much activity took place with a client or with a territory.
- Manual Reporting. This point not only represents the hours spent each week develping a sales report for the manager. It also addresses the job satisfaction for the Sales Rep who is missing hours with his family while creating those manual reports. And lower employee turnover represents saved employee training requirements.
- Time lost searching for documents. The Delphi Group in boston reports that their research discovered that 30% of employee time is spent trying to locate “lost” documents. Shocking? Check your own organization and you might be surprised at your own results.
- Segmented Marketing. Rather than sending marketing materials to the wrong target audience, save your money and focus your marketing on the correct segment.
- Customer Service Portal. If you have a properly integrated CRM portal, you will be able to reduce staffing costs for customer service.
- Printing. With prooer document management, there is less need for everyone to have their own printed version of a specific contract or PDF.
- Consolidated Software Systems. When implemented wholistically, a CRM will replace the need for multiple spreadsheets as well as other systems.
- Lead Management. If your leads are being properly directed into the CRM and distributed to the appropriate employee, leads can be contacted quicker and more efficiently.
CRM Costs compared with our TCO Comparison tool
Click here to access and download our Free CRM TCO Calculator Tool.
With this tool, you will be able to identify the key TCO line items that are relevant for any CRM implementation. We have also included data for comparing CRM software systems such as Microsoft CRM, Salesforce.com, SugarCRM, Sage CRM, Sage SalesLogix and more. You will be able to view the 3 Year and 5 Year Total Cost of Ownership for both SaaS (Online/On-Demand) and Licensed (On-premise) pricing models.
TCO line items include:
- Annual License/User price
- Support
- Hardware (incl. Server and Users)
- Implementation
- Staff
- Network
- Mobile
- and much more.
Free Excel CRM Tool to Compare CRM Systems
Click here to access and download our Free Excel CRM Comparison Tool.
With this tool, you will be able to identify the key similarilites and differences between 9 of the top CRM systems, including Microsoft Dynamics CRM, Sage SalesLogix, GoldMine, Sage ACT!, Pivotal and more.
Comparison Topics include:
- Key CRM Features
- Pricing (Licensing, etc..)
- Available Modules (e.g. SFA, Marketing, Service, etc)
- Feature Details (Sync, Call Center, Quoting, E-commerce, Lead Management, Security, Workflow, and much more.
- Hardware and Network support (Microsoft, Linux, etc…)
- Industry/NAICS
Salesforce and Microsoft CRM 2011 Review Webinar
Join us for our webinar series as we explore the points outlined below – and hope to provide you valuable insight about this top-rated CRM solution. We hope that our comparison with Salesforce.com will help you on in your CRM evaluation.
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