The challenging and time-consuming nature of selecting a CRM software makes it an overwhelming task.

Selecting the wrong software can have a negative impact on your internal as well as an external business process. Besides, you have to invest additional expenses and resources to choose the right system all over again.

IT experts can help you to prioritize your preferences and make the right choice based on the nature of your business. 

In this blog, we have covered the following aspects in this article-

  • Initial Process To Choose A CRM Software
  • Understanding The Open Source Concept
  • Is Open Source Suitable For Your Business?
  • Essential Features To Look For In Your CRM Software


Initial Process To Choose A CRM Software

You are tired of your outdated system and probably in search of the latest and smart CRM solution. A solution that no longer stunts your business development.

You could also belong to some rare firms that have never utilized CRM software.

Often, it is misinterpreted that only expensive CRM solutions are good. The truth is that there are a couple of affordable CRM solutions in the market inclusive of open source CRM solutions.

Your business can eliminate the assumption work and rely on facts to choose a CRM software.

Select CRM software with smooth automation, sturdy database, and dynamic analytics tools.

Understanding The Open Source Concept

Open-source software is circulated under a license agreement with a particular code or blueprint just in case you want to share or edit it.

Experts can alter this software at a minimum or almost no-cost. This means that you can use the open-source code to custom-build your own system.

A system that comprises features and functionalities required for your organization.

This solution is quite lucrative for enterprises in search of extensions. This way, they don’t have to invest in expensive and restrictive license costs.

Approach an IT firm or an expert to configure the CRM. They can help you to customize the open-source system in the best possible way and enjoy its perks.

They can consider your business activities and then suggest features and personalize the system.

In the future, you can add more capabilities to your system with extensions and the trending plugins. The IT experts can suggest the ideal extension combinations to enhance your overall business processes.

Is Open Source Suitable For Your Business?

Now that you have a basic understanding of the concept of open-source CRM software it is partially easier to make your decision.

         Differentiate between right and wrong

Take into account your current business scenario. For instance, if you are a well-established firm, then you need a well-designed CRM software that can align your business activities.

On the contrary, if you are a budding firm, then a trial or free CRM solution is an ideal pick.

Make sure that your CRM software has a significant amount of flexibility and functionality required for operations. Free solutions may or may not offer you much flexibility.

But, before you make your final decision find answers to these-

  • What are your business requirements? Cut down alternatives that don’t offer these requirements.
  • What is the estimated investment? Eliminate options that are extremely higher than your set budget. Don’t forget to include implementation, IT, training, and some additional costs.
  • Is there an internal team that can manage this task? If not, then choose an IT firm to make the most of an open-source CRM. They can provide you the most appropriate solution.

Essential Features To Look For In Your CRM Software

  • Lead Management

Effective lead management can offer you a comprehensive plan of action for your business.

A good CRM software can capture quality leads from the vast data. When a potential customer shows interest in your web content or posts, their presence gets captured in the system. The system then categorizes leads into buying behavior, demographics, or geographic dimension. The system will then score leads in each category based on their actions.

It is important to share relevant content on your website and social media platforms to nurture these leads. You can then transfer this data to your sales team to convert these leads into actual sales.

  • Project Management

Your business is associated with several customers and it is important to suffice their diverse requirements.

Missing out on their requirements can lead to the loss of customers. Make sure that you understand and provide the right services to your customers and clients.

A project management feature in the CRM software can create a personalized pipeline that consists of all important targets to attain and offer the best services. This way, you can bridge the communication gap.

Your team can create a series of tasks to be completed for that particular client/customer. Make necessary arrangements for resources and products. Project management features offer you the ability to complete projects on time.

  • Pricing Strategy

The four Ps play a pivotal role in the marketing strategy- price, product, place, and promotion.

This makes it essential to consider and concentrate on the pricing strategy. Besides, your overall business revenue largely depends on this strategy.

The CRM software can guide you to offer discounts at the right time and to customers that can trigger sales. It can save you from offering discounts to the wrong audience.

CRM software can also help you to determine the shifts in consumer demands. This way, you can alter prices and make the most fruitful market scenarios.

  • Comprehensive Reporting

The CRM accumulates a large amount of data from your website. This means that it is bound to collect almost every activity that takes place on your website or social media platforms.

This leaves a plethora of data in your database and it is tiresome to skimp through all of it manually.

A customized reporting feature of your CRM software can generate quick and accurate reports for the required data. You can skip the unwanted data with ease.

Besides, the software doesn’t create reports for just one particular segment or category. You can select data of your choice and generate a report for your customized and limited information.



Apart from these, the software can also guide you to create custom quotes, rapid billing, interact with clients, and customers, and predict upcoming business fads and trends.