About CRMnext Financial Services Edition:
CRM for financial services helps brokerage and financial companies increase their Assets under Management (AUM) and enhance their relationships with all the stakeholders. The important business partners include customers and franchisees that enable financial services to pursue a profitable business model. Most financial companies, like any growing organization, lack the required process maturity that result in disjointed processes.
While new verticals emerge, the operational focus still remains on product centricity and though there is recognition to advance towards customer centricity, these strategies are often not activated. This, in effect, hinders the progress of such services. Financial services are essentially fee/margin-based businesses that face high customer acquisition costs that need to be recovered quickly. The main objective of such services is to extract maximum profits during a client’s entire lifecycle.
CRMnext’s financial services CRM package helps companies in addressing the following challenges:
1. How to create an intelligent and unified view of key investors that lists out the needs & risk profile?
2. How to gain the ability to identify up-sell/ cross-sell opportunities, thereby increasing wallet share?
3. How to become trusted financial advisors by providing a personalized portfolio mix to boost AUM and become a one-stop destination for all financial needs?
4. How to grow franchisee relationships and have better visibility across their sales processes to reduce the cycle time and prevent revenue leaks?
5. How to run focused acquisition campaigns to increase the investor base while decreasing cost of acquisition?
6. How to create a holistic view of customer interactions across all product lines and channels to provide superior customer service?
7. How to reduce process cost and wastage, at the same time, improving compliance and audit standards?
8. How to provide real-time insights into processes for pro-active follow-ups with the help intelligent reports & dashboards?
CRMnext Financial Services Software helps you to generate leads, manage customers and partner relationships, and automate sales processes to ensure downstream fulfilment. It also lets you execute campaigns comfortably and profitably.
Financial services CRM provides business convenience that translates into improved customer retention, up-selling/ cross-selling, sales team performance and competitive advantage. It achieves this through service differentiation and comprehensive franchisee management.
CRM systems power large and medium sized financial companies in the following manner:
1. Holistic view of key investor.
2. Effective acquisition campaigns.
3. Increased wallet share.
4. Smaller process cost.
5. Reduced effect of salesforce attrition.
6. Enhanced franchisee performance.
7. Improved compliance and audit standards.
8. Utilization of Real-time reports.
CRMnext’s Financial Service CRM software enables workforce transformation by providing data & process centricity. It establishes an integrated desktop with a complete customer and partner view, while automating processes across functions like sales, services, marketing and operations. As a next generation platform, it creates customer centricity and facilitates process efficiency resulting in growth and improved profitability.