The Kickass Entrepreneur
  • About
  • Blog
    • All Blogs
    • Create Wealth (Investing)
    • Entrepreneur Interviews
    • Featured Top Posts
    • Growing Profits
    • Growing Revenues
    • Marketing
    • Positive State of Mind
    • Real Estate Investing
    • Retirement
    • Sales
    • Selling your Business
  • Book
  • Courses
  • Podcast
  • Resources
  • Contact
The Kickass Entrepreneur
Subscribe
The Kickass Entrepreneur
  • About
  • Blog
    • All Blogs
    • Create Wealth (Investing)
    • Entrepreneur Interviews
    • Featured Top Posts
    • Growing Profits
    • Growing Revenues
    • Marketing
    • Positive State of Mind
    • Real Estate Investing
    • Retirement
    • Sales
    • Selling your Business
  • Book
  • Courses
  • Podcast
  • Resources
  • Contact
  • Growing Revenues

Cloud CRM- The Reasons Why You Should Get One

  • December 18, 2020
  • 174 views
  • 4 minute read
  • Ashley Jenkins
cloud CRM
Share
Tweet
Share

Customer relationship management is an integral part of the business. Software designed to aid companies with CRM provides invaluable tools for improving their business process and helps them make meaningful decisions with an immediate and profound impact on their bottom line.

Implementing CRM software has become crucial for the majority of businesses nowadays. The information it provides is just too useful to pass up. But what type of tool to use?

Ten to fifteen years ago, there was just one possible answer to that question. Cloud technology was in its infancy, and very few companies were providing services of this type. This forced businesses that needed it to either develop or at least implement it in house.

So what caused this paradigm shift? What are the benefits of both types of CRM systems, and which one is better for you?

Benefits of Cloud CRM

Cloud-based CRM has many advantages, but by far, their biggest selling point seems to be their accessibility. Cloud-based solutions are incredibly convenient because of how easy it is to access them, regardless of your current location.

It doesn’t matter if the company’s employees are currently working at the office, locked tight at home, or traveling abroad. Sales representatives, management, and regular employees alike can gain instant access to all the data they may need on any device that they may have on hand.

Still, while accessibility is the main thing that draws companies to cloud-based CRM, there are myriad other factors that make it preferable to the alternative for many companies.

One such factor is its cost. Online-based CRM services provided by specialized companies tend to cost just a fraction of what it takes to get an in-house team of specialists to create or even implement and support an on-location CRM system.

Nowadays, CRM certainly doesn’t have to break the bank – there are plenty of incredibly useful and affordable options that any business can take advantage of.

Some CRM solutions even have free versions that may be handy for small businesses but generally have key features restricted to incentivize companies to purchase the product or subscribe to the service.

Security is a serious concern when it comes to online services involving a company’s customers or employees. The veritable deluge of data leaks, hacks, and cyberattacks that keep affecting companies great and small is certainly something that businesses should consider.

Companies are right to be concerned about trusting yet another cloud service provider with sensitive data and should do their best to make sure said data is safe. However, this doesn’t have to come at the expense of useful tools.

The fact of the matter is that the vast majority of data breaches, leaks, and malicious attacks happen due to human error. Both online and office CRM solutions are equally vulnerable to that because they share a vital component – the humans that maintain and use them.

It’s difficult to say whether one type is safer than the other, but one thing is certain – in order to secure your office systems, you will have to invest heavily in IT. It costs just a fraction of the cost to educate your employees on how to use an online CRM product safely.

Last but not least, cloud-based systems are easier to deploy and implement. Since all the physical components needed to make them run are stored away somewhere else, they don’t have to clutter your expensive office space.

Creating and maintaining the infrastructure to facilitate this particular business process is none of your concern when you’re using online CRM tools. You just pay an upfront fee or subscribe to the service and then get to enjoy the benefits of a useful product without further having to deal with tedious organizational details.

Advantages of On-site CRM

The only real edge on-premise CRM systems have over cloud-based CRM is that they provide the company with a greater degree of independence. The cost of developing and maintaining them is likely to be prohibitive for most businesses.

Still, if you absolutely must have complete control over every step of your business processes, this may be the only option you get.

Ultimately, it’s up to each individual company to decide which type of CRM system is right for them and their needs. Some would doubtlessly prefer to take advantage of the benefits on-site CRM systems provide.

However, for most small to medium-sized companies that are just looking for ways to maintain or improve their business during this time of crisis, a cloud-based CRM system is clearly the way to go.

 

Thank you for your interest in THE KICKASS ENTREPRENEUR'S GUIDE TO INVESTING. Three Simple Steps to Build Massive Wealth with your Business's Profits. Please check your email to confirm the book download. Form: 400529

There was an error submitting your subscription. Please try again.

Related Posts:

  • 10 Reasons to Use a CRM
  • 10 Reasons to Be an Entrepreneur
  • 3 Top Reasons Why Startups Fail and How Not to Become a Victim
  • The Top 3 Reasons Why Startups and Businesses Fail and What You Can…
Share
Tweet
Share
Avatar
Ashley Jenkins

Ashley is, first and foremost, a mom to an amazing young son and a wife. Ashley has started and sold a couple of small companies over the last many years, and now has decided to take some time off to spend time with her family, and raising her son. Ashley managed a team of 11 staff and intends to start another business shortly. Ashley is an avid saver and investor and is knowledgable about not only entrepreneurship but, also investing.

You May Also Like
remote leader
View Post
  • Growing Revenues

Things That Remote Leaders Should Keep in Mind

  • January 1, 2021
  • Monica Serreon
job search
View Post
  • Growing Revenues

Why you Might Be Approaching your Job Search all Wrong

  • December 25, 2020
  • Monica Serreon
real estate niches
View Post
  • Growing Revenues

Real Estate Career Niches You Can Get Into

  • December 22, 2020
  • Ashley Jenkins
value of a startup
View Post
  • Growing Revenues
  • Growing Revenues

5 Ways That Investors Value a Startup

  • December 21, 2020
  • Jeff Wiener
DataOps
View Post
  • Growing Revenues

How Data Lifecycles in Data Operations Work in Tandem to Deliver Business Value

  • December 17, 2020
  • Ashley Jenkins
passive income
View Post
  • Growing Revenues

Best Passive Income Strategies: Let the Money Work For You

  • December 14, 2020
  • Monica Serreon
View Post
  • All Blogs
  • Growing Revenues

7 Common Branding Mistakes Most Small Businesses Keep Making

  • December 14, 2020
  • Jeff Wiener
Increase Revenue
View Post
  • All Blogs
  • Growing Revenues

3 Powerful Growth Strategies on How to Increase Revenue and the Value of Your Business

  • December 12, 2020
  • Jeff Wiener

Join 6,472 Entrepreneurs That Get My Business Building and Wealth Creation Posts by Email

I can teach you how to build a successful, profitable business, and turn that into millions in personal wealth.

Thank you for your interest in THE KICKASS ENTREPRENEUR'S GUIDE TO INVESTING. Three Simple Steps to Build Massive Wealth with your Business's Profits. Please check your email to confirm the book download. Form: 400529

There was an error submitting your subscription. Please try again.

We won’t send you spam. Unsubscribe at any time.

Recent Posts
  • entrepreneur 1
    How to Become a More Successful Entrepreneur
    • January 15, 2021
  • workplace 2
    4 Ways to Protect Your Employees in The Workplace
    • January 14, 2021
  • online presence 3
    Targeting Your Online Presence to Other Locations – Easier Than You Think
    • January 14, 2021
  • online business 4
    7 Online Businesses Set to Thrive in 2021
    • January 14, 2021
  • accounting 5
    7 Tips for Boosting Efficiency in Your Accounting Department
    • January 13, 2021
Featured Posts
  • how to become wealthy
    The Entrepreneur’s Secret to How to Become Wealthy and Build a Personal Fortune
  • Sell me this pen, Wolf of Wall Street
    Sell Me This Pen. I Tackle the Wolf of Wall Street Sales Riddle. Do You Know the Right Way to Sell the Pen?
  • what net worth makes you rich?
    What Net Worth Makes You Rich? The Average Net Worth to Make it Into the Top 1% and How to Get There
Categories
  • All Blogs (207)
  • Canadian Financial Products (3)
  • Create Wealth (Investing) (55)
  • Entrepreneur Interviews (9)
  • Featured Post for Main Menu (4)
  • Featured Top Posts (21)
  • Financial and Investment Calculators and Economic Data (12)
  • Growing Profits (18)
  • Growing Revenues (77)
  • Growing Revenues (43)
  • Marketing (14)
  • Positive State of Mind (35)
  • Real Estate Investing (12)
  • Retirement (16)
  • Reviews (6)
  • Sales (6)
  • Sell Me This Pen (3)
  • Selling your Business (15)
  • SEMrush (1)
  • Top Products (1)
  • Uncategorized (38)
Follow us
Author
Jeff Wiener
Jeff Wiener
Jeff sold his company to private equity in 2017 and is now semi-retired. Jeff spends time…

    CHECK OUT MY BLOG, AND SUBSCRIBE

    about
    The Kickass Entrepreneur

    Expand Your Business, Improve Profits, Create Wealth

    Expand your business, improve your profits, and create wealth. Each one of the three can be elusive goals. Follow the right steps, and you, too, can create financial independence. It is possible … you just have to take the right steps.
    NAVIGATION
    • About
    • Blog
      • All Blogs
      • Create Wealth (Investing)
      • Entrepreneur Interviews
      • Featured Top Posts
      • Growing Profits
      • Growing Revenues
      • Marketing
      • Positive State of Mind
      • Real Estate Investing
      • Retirement
      • Sales
      • Selling your Business
    • Book
    • Courses
    • Podcast
    • Resources
    • Contact
    TAGS
    apartment BATNA Business business failure business growth business sale Capitalization Rate CAP Rate cash cash flow Creating Wealth Discipline entrepreneur entrepreneurship excel goal setting Growing Business investing investment real estate M&A marketing Marketing KPIs Mergers and Acquisitions | M&A | Entrepreneur Blog Millionaire millionaire next door mistakes MUR Negotiation Peter Principle Profit profitability real estate retirement revenue Revenues sales sales management scaling business Semi-Retirement Blog | Entrepreneur Blog | Small Business Blog small business Stagnant stocks success Thomas Stanley wealth
    RECENT ARTICLES
    • workplace
      4 Ways to Protect Your Employees in The Workplace
      • January 14, 2021
    • accounting
      7 Tips for Boosting Efficiency in Your Accounting Department
      • January 13, 2021
    • cryptocurrency
      The Value of Trading and Investing in Cryptocurrency
      • January 8, 2021
    • The Top 1% of Wealth Canada
      The Top 1% of Wealth Amounts for Canadians in 2021
      • January 8, 2021
      • One comment
    • remote leader
      Things That Remote Leaders Should Keep in Mind
      • January 1, 2021
    • financial management
      10 Financial Management Tips for Small Businesses
      • December 29, 2020
    The Kickass Entrepreneur
    • About
    • Coaching
    • Book
    • Blog
    • Contact
    • Privacy Policy
    • Terms
    • Disclaimer
    • Facebook
    • LinkedIn

    Input your search keywords and press Enter.