Why you need your CRM to talk to your Accounting System?
by A. Waqas
Consistent growth is an imported ingredient in building a successful business. The ability to win more clients definitely gives you an edge over your competitors. This is something a customer service management (CRM) is created for, to bring more clients towards your company. Integrating a CRM to your accounting system is really beneficial because it streamlines the data flow among different departments as well as decrease the abundance of miscalculated data. The accounting system holds extremely valuable data which needs constant maintenance and adding a CRM with it would definitely make life easier for your accounting department.
The integration would amazingly decrease the data entry load on your team. Seeing the invoices in your CRM system is definitely a relief along with all the customers’ information being synchronized online. Duplicating the data for updating information in both the systems is definitely a time taking activity especially if the information is changing throughout the day. A CRM can take this pain away forever.
A CRM could help you to follow the golden rule of accounting “Do not go to bed before the debits equal the credits”.
With the help of a centralized database, most of the information would be updated automatically. The possibility of human error during data entry would decrease immensely. The invoices could be created automatically with the updated client information. This would not only decrease the workload of your team but would also increase the performance and reliability of the system as a whole. The whole operation would be less time consuming as well as way more efficient.
It is really important for any organization to take care of its customers. The services being provided to the customers need to be regularly recorded and updated. The money being spent on providing all those services have to be saved in the accounted for. In addition to this, it is equally necessary to follow the money your clients owe you in terms or the services you provide. The integration could really benefit your organization in terms of automating your accounting operations as well as saving a number of data entry hours each day.
The integration would not only ensure timely automated updates of the records and the finances but it would also ensure that your customers are notified about the payments they owe for the provided services. In this way, you would have a proper record of your customers being notified regularly and you don’t have to assign this particular task to a person. You can follow up whenever you want and most probably the customers would respond to these automated reminders which can be scheduled according to intervals of your choice. Take control over your payable as well as receivables in a way you have never imagined with the help of a CRM.
June 7, 2018
June 6, 2018