CRM INNOVATIONS YOUR
ORGANISATION NEEDS TO CONSIDER
TECHNOLOGY
At Jake Riley, we leverage on our partnership with major
CRM OEMs to proffer the best CRM solutions suitable to
your organisation’s needs.
Over the years, innovations in CRM has led to an evolution
of CRM technology capabilities to provide novel ways of
improving customer experience. As customer expectations
grow, the need to provide a wider range of channels for
customer interactions with organisations also increases.
CRM technology has changed from being just a client’s
contact database to being an essential tool of business
relationship intelligence. Due to this transition, we have
identified major CRM technology innovation trends that
are helping various organisations achieve better customer
experience (CX), identify more productive ways for
customer engagement and enhanced automation of
customer relationship management.
One of the major CRM innovation trend is artificial
intelligence (AI) embedded CRM software. CRM developers
and vendors have leveraged on AI to optimise customer
interactions. According to Teredata’s “State of Artificial
Intelligence for Enterprises” report, 80% of organisation
representatives interviewed were in the process or have plans of implementing a form of AI in their organisation. AI
can assist CRM platforms in the area of customer service
with deployment of AI chatbots to resolve service
requests, provide insights on customer data to follow
upon the leads.
Another trend is using CRM in advancing process
automation in organisations. CRM solutions are beginning
to offer Business Process Monitoring (BPM) capabilities
such as task routing, resources availability and monitoring
of events. Data Integration is also a CRM innovative trend
as CRM systems deals with and interpret huge amount of
data.
The latest CRM solutions have integrations with ERP
systems as well as integration mechanisms such as APIs
which had led to the emergence of CRM integration with
third-party systems and Internet of Things (IoT). CRM
solutions particularly cloud based, offer protocols that
enables data access via web services. This allows
organisations to interact with other solutions and
organisations, to share customer information and resolve
service requests rather than having to makes phone calls
and send emails. This increase efficiency in customer
service.