crm and accounting software

What are Top 5 Reasons to Integrate Accounting Software with CRM

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Nowadays, all software organizations use different kinds of software to streamline various operations in their company. Handling various operations in any business is a quite tedious task. At present, various business owners are struggling hard to maintain the ideal growth of the business. The CRM software helps in managing various front-end processes such as customer interaction, marketing campaigns, sales management systems, etc. The accounting software helps in managing various back-end processes such as maintaining records of the billing, customer purchase, & accounts receivables.

For instance, accounts receivable software integration with CRM will help to speed up various operations of your business. If you want to save your precious and make various operations in your company efficient, you should integrate the CRM system with the accounting software of your company. This integration of the two systems will prevent you from manually entering the data and can help you to maintain records without any hassle. Also, you can easily prevent yourself from various complex applications. Here, in this article, we are going to discuss various reasons for integrating the CRM system with accounting software like accounts receivable collection tools

Top 5 Reasons to Integrate Accounting Software with CRM

1. Complete View Of Customer information

The biggest benefit of integrating the accounting software with the CRM system is that you can easily collect a huge volume of information about your customers in one place. With the help of the integrated system, you can easily get a 360-degree view of your business-related sales & accounting.

2. Speed Up Various Operations

In all kinds of businesses, information related to the customers will first be received by the CRM whether it is a new lead or a good opportunity. After storing this information in the CRM system, this same data is forwarded to the accounting software. In an earlier time, the CRM software was not integrated with the accounting software. Therefore, the accounting team members have to switch between CRM and accounting software.

But, if you link these two systems together, you can easily get the required data from one place. Also, you can easily transfer the information from the CRM system to the accounts receivable management software in just one click. Switching from one system to another will lead to a wastage of time and frustration as well. Thus, getting all kinds of information in one place will help you to speed up various operations of your business.

3. Increased Efficiency And High Profit

If you do not integrate two systems of your business, you are at high risk of losing great deals. For instance, if any customer contacts you and wants to clear his/her doubt related to the invoice, you may not be able to clarify without a precise record. The accounting team members have to trawl through the system and access the information. Inquiring other team members and trying to fetch information from different will lead to increased response time and also lead to a bad customer experience.

You should never let your customers feel down. It will affect the revenue of your business and disappoint your customers. But, if you integrate the CRM with the accounts receivable management system of your company, you can easily retrieve the information. Ultimately, it will lead to high efficiency and high profit for your business.

4. Get Rid Of Duplication

When you have to work with two different systems, there is a high probability that you enter the same information multiple times. If you want to get rid of duplication and save your time, integrate the CRM system with the accounting system of your business. After integration, you can easily use the CRM system as a centralized hub. You can easily access the required information and you do not need to enter the same information multiple times. Thus, this integration will not just prevent you from two times entering the data, but also save your precious time.

5. Affordable And Simple-To-Use

The biggest misconception related to the CRM system and accounting software integration is that it is complicated and costly as well. But, this is not true anymore. Evolution in technology will help you to easily integrate the CRM system with the accounting solution such as AR integration for QuickBooks. This integration will help you to bi-directionally sync different information. After the integration of two systems, you can sync data either instantly or do it after a regular interval. The integration of two software is cost-efficient and simple to use.

Final Words

CRM system and accounting software are two important solutions for business growth. If you want to speed up and streamline various operations of your business, you should consider integrating two. Some of the benefits of this integration of different solutions are defined above.

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Join the discussion!

    1. acobloom

      I agree with the point that it helps big time to avoid duplication. Even now in the scenario of working online, it is necessary to get the work synch with other clients with no duplication. Even in accounting outsourcing firm, accounting softwares are highly reliable on cloud-based technology.