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Implementing a CRM system
Tech and Marketing

Implementing a CRM system: what you need to consider when developing a custom solution

11.07.2022
2 min read

What involves the implementation of a CRM system: an overview of the approximate costs

Implementation of a CRM system is an indispensable step for business development. Without a functional platform for optimization and automation of processes, it is extremely difficult to unlock the potential of a company and scale up. There are two options for CRM systems – ready-made solutions and custom development. Individual creation of a platform for the needs of the business – is an ideal way to get an effective product, but it requires a large investment. In this case, it is important to understand what you want to get from the system, and what features are important for the further development of your business.
If we are talking about development from scratch, the cost of the product is formed by two main parameters – the rate for one hour of work of specialists and the number of hours spent. And in the second case, the time of each team member is taken into account. In most cases, specialists work on the system in parallel, so their total time will be more than the total period for the product. Besides, the work of each project participant is taken into account separately, the payment for their labor depends on the complexity of tasks, experience, skills, and competences. It is also necessary to consider the structure and functionality of the CRM system itself. The more complex the architecture of the project, the more time will be spent on development and the higher will be the cost.
An important step is the implementation of CRM. One option is to hire a specialist who will undertake the digitalization and training of staff. Payment for his services will be calculated and paid separately from the cost of development. You should also understand that any innovation involves the restructuring of existing processes. This may entail additional costs, which should be prepared for.Implementing a CRM system-2Before the decision on the necessity of CRM system implementation, experts advise making a thorough plan of how the digitalization will be implemented. Such a step will enable you to evaluate the range of work and estimate the budget in advance. In addition, the plan will avoid unforeseen risks and various difficulties. Properly forecasting costs and outlining a list of actions will help to consult with experts. They will familiarize you with the features of development, tell you about the nuances, and on the basis of the information obtained, business owners can make a plan.
When developing a CRM system the most expensive will be the creation of modules. They are the key elements of the platform and require a lot of labor. However, it is impossible to do without the development of modules, without them the system will not be functional and effective. Depending on the objectives of CRM, these elements can be a different number, but the main is considered to be the sales, support, and marketing module. They have a different set of functions – depending on the needs of the company and its prospects for development.
Development and implementation of CRM systems are difficult, but extremely important stages for any business. Only by having modern IT solutions at their disposal, it is possible to achieve success in the market.

Tags: Tech and Marketing
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Chaslau Koniukh

Expert Chaslau Koniukh

Chaslau Koniukh – an expert in marketing and project management, IT consulting, international investments, investor, financial analyst. A commodity trader, private consultant, entrepreneur, lecturer, author of several articles on the stock market.

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Chaslau Koniukh – an expert in marketing and project management, international investments, financial analyst.

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