As promised in October, we are back with the latest refreshing issue of Oracle Connect – Oracle Newsletter with the current topics surrounding the CRM On Demand, Business Intelligence (BI) and User Productivity Kit (UPK). This month’s issue focuses on the CRM On Demand for Real Estate.
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A Legal entity represents a legal company for which you prepare fiscal or tax reports. You assign tax identifiers and other Legal entity information to these types of organizations. A Legal entity is identified through the registration with Legal Authority.
Types of Legal Entities
GRE/Legal entity: Use this classification to represent the following organizations.
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Customer Relationship Management (CRM) is an essential business tool for companies to track and organize their current and prospective customers and partners. By integrating a wide range of advanced software applications to support customer interactions, CRM can provide a valuable process of improving service interactions.
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Fixed assets, constitute the durable capital base of an enterprise (traditionally the “Property, Plant and Equipment”), necessary to deliver products and services expanded to include investments in non-tangible
assets like software.
Asset management encompasses three primary activities:
Physical Upkeep: Comprises asset location, asset condition and assignment
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Oracle User Productivity Kit (UPK) is a collaborative content development platform that allows enterprises to improve Oracle users’ productivity, mitigate risk, and add maximize the ROI of your Oracle Applications implementations.
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In the current tough economic environment organization are looking to squeeze more value out of their existing resources. CIO’s over the globe are digging the hidden values to improve the ROI and manage the outlay. In last one year world seen soaring cost cutting and nobody is agree to buy any thing new. In fact technology led companies call off big investments. It is time to rethink about what you have already and make most of it.
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In order to make strategies for business it is must to realize the value of the information you holds and generates- whether about customers, sales or operations.
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A traditional approach of on site CRM implementation can be a huge investment and should be evaluated carefully. Also a big investment creates a risk. Not a lot of small and mid sized companies can afford this. Therefore a Hosted CRM could be a good alternative to the on-premise implementation. As the cost spread over the time so it is easy to bear also no need to support the solution yourself.
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Q:-Would you like to get cut your hair with a saw??????
A:-No certainly not…..
Q:-Why use only “Scissors” while “Saw” can cut too?
A:-We use only the appropriate tool for performing a job.
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Customer Relationship Management (CRM) founds its application in each area of business and none of the industry is untouched from it. CRM helps organizations to know their customer better, maintaining relationship, serve well and retain them in order to ensure the profitability and existence.
Today we have the CRM software with advanced features to support the organizations in all functions of sales, service, and marketing.
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