Has your CRM seen better days? Though perhaps still fully functional, does its legacy architecture make it difficult to synchronize data? Are your employees using it for conversation tracking, agent performance monitoring, or any other essential features—or has it become simply an electronic rolodex?
An outdated CRM can undermine your business goals especially with regard to customer service. Companies run the risk of losing customers these days more from service process issues than product quality. A slipshod support experience can decidedly reduce the likelihood a customer will recommend a service or product or repurchase from that same company. Even if they don’t lead to customer churn, service issues can quickly eat away at company worth and profitability, as the cost to support a customer inquiry or complaint can be $2 to $11 per contact, according to aggregated industry reports.