ProsperWorks Study Reveals the True State of CRMs in the Relationship Era

ProsperWorks Study Reveals the State of CRMs in the Relationship Era

ProsperWorks Survey Shows that Business Relationships are Becoming More Complex Driven by Changes in Customer Adoption, Engagement, and Expectations, While CRM Innovation Languishes

ProsperWorks, has announced a new study that measured the attitudes of sales and marketing professionals toward the state of customer management and the state of CRM innovation. The new report, titled, “The State of Customer Management in the Relationship Era,” shows that today’s digital workforce isn’t satisfied with the rate at which CRM technology is evolving to align with fast-growing technology advancements and user demands.

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The survey also revealed that more teammates are involved in managing customer relationships than ever before and communication between sales teams and customers has grown less formal with the rise of chat apps and mobile technology.

Currently, ProsperWorks is recognized as the CRM recommended and used by Google.

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At the time of this announcement, Jon Lee, co-founder and CEO of ProsperWorks, said, “Today’s business users want tools that make their lives easier, deliver a consumer-like experience and fit within the way they live and work. Current CRM tools are clearly a burden of admin-ridden tasks that are negatively affecting customer success, customer support, marketing, finance and operations and more.”

Jon added, “We’re in an age where automation and collaboration can help team members be more customer-centric and focus their time on nurturing the customer relationship, all while bringing more value to the organization.”

The Way Companies Interact with Customers Is Changing but CRM Technology Is Too Manual

To uncover how businesses approach managing customers relationships today, ProsperWorks commissioned Lab42 to conduct a survey on sales relationships and CRM pain points from those that frequently use CRM systems. The survey was administered to more than 1,000 business and IT leaders with sales and marketing knowledge, including C Level executives, managers, and directors.

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The findings show that the way companies interact with customers is changing but CRM technology is too manual, has not evolved and is not focused enough on fostering relationships. It’s no surprise that nearly 50% of respondents think innovation of CRM should be quicker.

Business Priorities Central to All Relationships

ProsperWorks study outlines the true state of customer relationships and business models. Businesses are no longer focused in making merely deals but also growing the customer base by delivering enriched customer experiences, powered by technology. The key findings from the study are —

Customer communication has grown less formal and more collaborative. 

The sales relationship is no longer a one-to-one interaction. According to the survey, 63% of survey respondents said three or more teammates are involved in customer relationships, proving it’s a more collaborative, relationship-focused effort. The form of communication between sales teams and customers has also shifted from in-person meetings to informal chat apps and mobile technology with 44% of respondents using chat and Slack.

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However, there is still a heavy reliance on email to communicate—66% of respondents said that 40% or more of their customer communications happen via email.

CRM technology isn’t keeping pace.

77% of respondents still use spreadsheets to track customer data – a reflection that CRMs are not addressing the needs of today’s users. Furthermore, data entry (48%) and keeping data up to date (52%) are the biggest problems today’s workforce faces with CRM systems because it is still a very manual task. These time-consuming, manual tasks are stopping sales teams from focusing on what matters most: fostering the relationship and closing the deal.

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Sales teams are looking for automation.  

The lack of automated tools are dictating processes and 80% of respondents still manually enter and update contact and account info. Users are spending too much time in CRM systems, with 57% using it all day, every day. It’s no surprise that organizations are still looking for the right fit — more than 56% of respondents said they have used three or more CRM tools in their careers.

ProsperWorks is the leading CRM for G Suite and recommended by Google’s G Suite Marketplace. It works instantly, has a beautiful user experience, and is designed to help teams and business build long-lasting relationships. ProsperWorks services more than 10,000+ paid businesses in more than 100 countries.

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