5 Benefits of CRM for Corporate Banking

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The past few years have been the most morale sapping for corporate banking.

Slowing global economy, low industrial output, increasingly strict regulations and growing Non Performing Assets (NPAs) have made life miserable for banks. They need to develop a relationship centric strategy that puts emphasis on customer relationship management (CRM) as a solution which can be achieved through banking CRM.

Commercial banking needs to keep into consideration not only aspects related to product selling but also having a deep customer centric approach. In such scenario, banking CRM provides a competitive edge to the business for seamlessly handling existing clients, while at the same time, increasing new revenue opportunities.

Financial CRM: 5 Key Impacts of AI in Financial Services

Barely a day passes by without Artificial Intelligence (AI) being hailed as the second coming of financial innovation.

From instant fulfillment to block chains, AI is causing financial services to experience a ‘big bang’ with data science and machine learning.

Large amount of automated processes and other applications are attributed to the integration of AI in banking system through banking CRM software’s and mobile banking apps.

Financial CRM: 5 Steps to convert social into success with CRM

How Can Banks Smartly Retain Customers with a Unified Banking CRM?

A recent poll found that financial firms lose approximately 45% of their customers due to lengthy response times and delay in providing even reasonable customer service.

This is proving suicidal for financial providers in an age where customers demand instant fulfillment and convenience over legacy.

Social CRM on a unified platform can empower banks to create more qualified leads that converts to happy customers. It also serves as a launch pad for analyzing responses to new customer initiatives and accordingly, modifying campaign strategies.

CRM in Banking: 5 Effective Ways to Drive and Boost Customer Retention

Customer’s infatuation with instant fulfillment and availability of financial choices have threatened to add to traditional banking’s towering challenges pyre.

Customer retention and growth have become more critical to bankers as there is a shift towards customer centric business models.  They are constantly on the hunt for proven strategies to develop engagement activities to boost retention and increased lifetime value.

5 Ways to Accelerate Your Sales with Banking CRM

5 Ways to Accelerate Your Sales with Banking CRM

Sales numbers do not talk in the annual results of a Bank. It screams.

That’s why banks are increasingly embracing digital technologies that deploy customer centric journeys for delivering instant fulfillment.

Your bank can significantly boost conversions and leapfrog competition with CRM in banking.