Connecting CRM to your finance system allows greater process efficiency, accuracy, and visibility. The integration delivers a CRM system that will provide you with an accurate 360-degree view of your business and customers.
It helps your sales team to manage and keep track of invoices generated and expiration dates.
This saves time for the subscription team creating the capacity to focus on more complex tasks as invoices generate automatically, they get paid and client subscriptions are renewed with full process automation in the CRM.
The finance team need not manually import or enter the invoices, purchase orders into the accounting system thus saving duplication of work.
Benefits include:
- visibility on accounts receivables
- statuses of Invoices
- a better view of future cash flows
- reduce the number of entries, thus reducing the number of errors
The finance team can save time from the manual tasks of importing data into the finance system.
Highlights
As you have noted, given the multitude of potential benefits to integrating your CRM with your finance/accounting solution, in summary, you can have:
- better data and improved productivity
- stop duplication and double entry
- speed up the quote to cash process
- focus on other important areas of your business
There are quite a few out-of-the-box solutions that support integrations, one such is SFX Connect which integrates Salesforce CRM® with Xero.
