Design and implementation of a CRM system to optimize business processes of a trading company

This paper aimed to formulate recommendations for implementing CRM systems for trading companies in the small and medium-sized enterprise segment. A content analysis of current documents was used to analyze the types and forms of CRM systems used in these companies. The essential functions a CRM sys...

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Main Authors: Petr Kučera, Daniela Cmuntová
Format: Article
Language:English
Published: Entrepreneurship and Sustainability Center 2023-12-01
Series:Entrepreneurship and Sustainability Issues
Online Access:https://jssidoi.org/jesi/article/1147
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author Petr Kučera
Daniela Cmuntová
author_facet Petr Kučera
Daniela Cmuntová
author_sort Petr Kučera
collection DOAJ
description This paper aimed to formulate recommendations for implementing CRM systems for trading companies in the small and medium-sized enterprise segment. A content analysis of current documents was used to analyze the types and forms of CRM systems used in these companies. The essential functions a CRM system must contain were identified through structured interviews. The central part of the paper deals with the development and implementation of the CRM system. The current system was analyzed using the HOS 8 method, and its effectiveness was described. The results show that the system could be more efficient and balanced; based on these findings, it was decided to implement a new CRM system. The HOS 8 method was followed by a GAP analysis, which compares the current state of the CRM system with the expected (desired) state. Using the GAP analysis, the process of implementing the CRM system was carried out. The results of this work can be mainly used in trading companies with frequent and continuous contact with customers. However, the above analysis and procedures can also be applied to other types of firms. There are opportunities for further research in modern CRM systems such as automation, digitalization, and Artificial Intelligence. These areas will bring added value to firms and increase their competitiveness.
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spelling doaj.art-4c7cdb40be6c45ebb2d41db84b2472652024-01-05T10:27:31ZengEntrepreneurship and Sustainability CenterEntrepreneurship and Sustainability Issues2345-02822023-12-0111236338010.9770/jesi.2023.11.2(25)Design and implementation of a CRM system to optimize business processes of a trading companyPetr Kučerahttps://orcid.org/0009-0001-4174-1679Daniela Cmuntováhttps://orcid.org/0009-0008-8572-2876This paper aimed to formulate recommendations for implementing CRM systems for trading companies in the small and medium-sized enterprise segment. A content analysis of current documents was used to analyze the types and forms of CRM systems used in these companies. The essential functions a CRM system must contain were identified through structured interviews. The central part of the paper deals with the development and implementation of the CRM system. The current system was analyzed using the HOS 8 method, and its effectiveness was described. The results show that the system could be more efficient and balanced; based on these findings, it was decided to implement a new CRM system. The HOS 8 method was followed by a GAP analysis, which compares the current state of the CRM system with the expected (desired) state. Using the GAP analysis, the process of implementing the CRM system was carried out. The results of this work can be mainly used in trading companies with frequent and continuous contact with customers. However, the above analysis and procedures can also be applied to other types of firms. There are opportunities for further research in modern CRM systems such as automation, digitalization, and Artificial Intelligence. These areas will bring added value to firms and increase their competitiveness.https://jssidoi.org/jesi/article/1147
spellingShingle Petr Kučera
Daniela Cmuntová
Design and implementation of a CRM system to optimize business processes of a trading company
Entrepreneurship and Sustainability Issues
title Design and implementation of a CRM system to optimize business processes of a trading company
title_full Design and implementation of a CRM system to optimize business processes of a trading company
title_fullStr Design and implementation of a CRM system to optimize business processes of a trading company
title_full_unstemmed Design and implementation of a CRM system to optimize business processes of a trading company
title_short Design and implementation of a CRM system to optimize business processes of a trading company
title_sort design and implementation of a crm system to optimize business processes of a trading company
url https://jssidoi.org/jesi/article/1147
work_keys_str_mv AT petrkucera designandimplementationofacrmsystemtooptimizebusinessprocessesofatradingcompany
AT danielacmuntova designandimplementationofacrmsystemtooptimizebusinessprocessesofatradingcompany