One of the primary factors in the success of any company is the liaison it shares with its customers. CRM or Customer Relationship Management designates all features of interaction a company shares with its customer. This includes everything from sales to service.

CRM is basically a business strategy designed to accrue gains, generate revenue and cater to customer needs and satisfaction. With the e-media picking up pace, the manner in which companies approach their CRM strategies has greatly changed. This has even altered the consumer?s purchasing attitude. So these days CRM too has become a web based effort as most of the customer relationship is handled electronically.

The web based CRM service is more effective. Web-based CRM services mainly covers three areas of service- sales force automation, management of customer relationships and customer services and automated marketing.

A web-based CRM software is a web-based system used for contact management, marketing and sales support, project tracking and other tasks associated with CRM. This software enables teams and departments to share a central and fresh database. The software facilitates its users with an online contact manager and a project-tracking tool, either over the web or within the corporate intranet. With the aid of the CRM software you can view and manage contacts, customer?s record, hot leads, projects and left-out work, from anywhere and with any web-browser. Moreover unlike the intervening and needed to be testified upgrades of an enterprise software, the upgrades to the web based software do not affect the organization?s regular operations in any manner. Due to these features more and more companies are driven towards this web-based software.

Siebel Systems Inc., HydraNet and Push CRM are some eminent names in web-based software service. Lately SAP has also blessed the market with on-demand Customer Relationship Management solution. A web based CRM has many names out of which on-demand CRM is one.

These systems provide agents with the most up-to-date information on all customer service transactions. The software adds to the strategic value and business of the organization by automating sales, marketing and customer service. For instance the SAP product specializes in providing core sales-force automation features for managing customers, contacts and sales pipelines.

The software runs and keeps a complete track of your data after it is downloaded or purchased and then installed on your server or web-host. Usually the CRM software runs on all significant platforms such as Unix, Linux, Windows, Mac OS X, Novell (6.5) and so forth. Since the software serves many purposes at the same time, it is quite expensive. However an incredible competition in the market has enabled the software seekers to exercise their choice to a certain extent.

In choosing a web-based CRM software it is important that the user should firstly analyze his or her budget or the budget of the organization. Secondly also check your organization?s partner ecosystems. A user-friendly hosted CRM system, an on premise version or the combo of both should follow this and finally try to go for software that can fit any type of user, any size company and in any industry.

Mansi Aggarwal recommends that you visit Web based CRM
for more information.

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Today, small and mid-size business owners are using open source CRM software to help streamline their business processes with the expectation of generating more sales opportunities. Open source CRM solutions should be able to manage existing customers, facilitate prospecting, generate online sales leads, launch and track marketing campaigns, analyze customer needs and preferences, integrate with existing applications and provide secure access to company data from any computer with an Internet connection and a browser.

Here are a few keys to selecting the right CRM solution:

• Ensure the CRM software you choose has the ability to capture all relevant customer and sales related information. At a minimum, your CRM solution must be able to easily record all interactions with your customers. One of the major benefits of CRM software is in its ability to help collect, store and share data to all appropriate areas in your business — in real-time.

• Before you deploy a CRM tool you must first understand your existing sales and marketing workflow. Your CRM tool must be able to integrate with your existing processes or your sales and marketing team will not use it.

• It is imperative to understand the level of customization you will require. Do you have the required technical skills on staff to implement modifications? Does the CRM tool provide an API (application programming Interface) for extending the platform? Will custom changes prevent future upgrade options? Answering these questions in advance will save you time and money later.

• Determine if the CRM tool can integrate with applications used by your staff. For example, you must know whether the CRM tool can share or exchange data with your email client (e.g. Outlook or Thunderbird). You must also know if the CRM tool provides an easy to use import or export function for data mining and other sales analysis functions.

• Determine the level of support you will require. Most open source providers make their money on service and support rather than software sales. Therefore, you should investigate the various levels of support provided by the open source vendor.

• Research the level and quality of third party extensions. Quite often companies are able to find free or low cost extensions and avoid the expense of internal development. Third party extensions can add needed functionality and save your business time and money. For example, third party payment modules have become a necessary component for accepting electronic payment at the point of sale.

While there are many open source CRM products to choose from here are my top six:

1. SugarCRM
2. vtiger CRM
3. SplendidCRM
4. CentricCRM
5. XRMS CRM
6. ZOHO CRM

Be sure to test drive multiple open source CRM tools before deciding which open source CRM application to deploy.

Ricky Bracken is President & CEO of SaleManager Merchant Services. SaleManager provides enterprise class payment solutions to small and mid-size businesses. SaleManager payment solutions include a Payment Gateway Service
, Mobile Payment Solutions, POS Terminals, Retail & Restaurant payment solutions
, Certified Shopping Carts and CRM payment modules.

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