Can your In-house System accelerate growth?

Many businesses believe that owning a customer facing application makes them a customer-centric organisation. They hastily embark on the CRM initiative by solving a specific 'current' problem, rather than having a holistic CRM approach towards customer-centricity. As the organization grows, newer problems arise and the application becomes more of a gridlock than an accelerator for progress.

Being a home-grown system, it further compels rework. This tangles maintenance, updating and training - taking the organization further away from customer-centricity and making them a victim of their own invention.

Have your organisation's CRM needs outgrown the in-house application?

The moment of truth, a reality check -

  • Can your home-grown CRM create a single view across all customer touch points, channels, applications and functions?
  • Can your system embrace newer media, add teams, geographies, etc. on the fly, without making any code change?
  • Does your system build on the foundation of best practices not only of your industry but also across industries and geographies?
  • Is your system able to implement unified TAT and comply with SLAs that span across multiple departments and systems?
  • Is the outcome of reports just data or information that provides actionable insights to facilitate better decision making?
  • Are you able to provide decision making with progressively evolving reporting engine support?
  • Are you able to maintain the application with high attrition in your IT staff?

The genesis of home-grown applications

Organizations aim to make their services or sales more efficient by building applications that lower response time and create a database of leads/ customers' likes, dislikes, investments, etc. As the number of customers increase manifold they invest more time and money into their application to make it cope with the new responsibilities. The puzzle becomes more confusing as the operations required from the in-house application grow complex, since it was originally designed only for a specific existing problem.

The exponential traffic growth at a customer support desk forces an organization to build a system for managing their service requests. To improve demand, a telemarketing group is set-up; however, leads are still missed, so a lead management system is also added.

With the growing volume of customers, servicing becomes more complicated, lead management more unpredictable and marketing expenditure is unknown. The in-house application starts to cripple the progress instead of supporting it!

In-house systems may meet your past/ current needs, but do they provide any added advantage for surpassing future needs?

InHouseCRM

 

In-house CRM

Commercial CRM

Cost Aspect

Low to start, high in the long run

Options available - SaaS and On Premise

Time to Implement

Delayed ROI

Instant ROI

Functionality

Replicates the current scenario

Comprehensive

Security

 

Less secure

Best-in-class security

Best Practices

Organisation's practices

Across industries & geographies practices

Application shortcoming

Risks are internal

Onus of Commercial CRM provider

Maintenance

Dedicated team to support

Commercial CRM provider's responsibility

Enhancement

 

Rigid structure

Flexible & scalable

Upgrades

 

Internal responsibility

Commercial CRM provider's responsibility

Solution Approach

Current problem-based, more departmental in nature

Futuristic & versatile

Reporting Nature

Mostly operational MIS

Analytical and insightful

User Adoption

Low - usability & productivity features are missing

High - more productivity features with universal appeal

Documentation

One-time, seldom up-to-date

Comprehensive and up-to-date

Integration

 

Mostly stand-alone, weak Integration

Strong integration framework

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