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News : Provident Housing Implements Microsoft's CRM Solution
Bengaluru Dec 23, 2014 -- At a time when traditional businesses are looking to benefit from technology, Provident Housing, a subsidiary of real estate major Puravankara Projects, has managed to increase the conversion rate of business leads it gets with the use of Microsoft's customer relationship management (CRM) solution to support its sales, marketing and customer management functions.
"We needed a solution that could extract insights from the raw data in real time for our teams to understand customer preferences better. With the existing lead conversion ratio as low as three per cent, we wanted to strengthen this core process with a strong and robust software to give us a solution for customer intelligence on preferences, buying pattern and others such qualitative information in addition to the regular statistics," Jackbastian K Nazareth said Group CEO, Puravankara Projects.
Microsoft's CRM solution captures history of customer communication, allowing the user to provide customers a better and personalised service. Provident Housing is also able to manage more volume of customers with the use of its project, Microsoft said in a release.
Posted by Veronica Silva Cusi, news correspondent
Today's Tip of the Day - Think About Demotivating Your Staff
At Microsoft, we're motivated and inspired every day by how our customers use our software to find creative solutions to business problems, develop breakthrough ideas, and stay connected to what's most important to them. We are committed long term to the mission of helping our customers realize their full potential. Just as we constantly update and improve our products, we want to continually evolve our company to be in the best position to accelerate new technologies as they emerge and to better serve our customers.
Published: Monday, December 29, 2014