The CRM extends beyond the traditional CRM functions and supports complete sales cycle management by integrating Inventory Management features. These include Products, Price Books, Vendors, Sales Orders, Quotes, and Invoices, along with the Sales related modules, such as Leads, Accounts & Contacts, and Opportunities.
With the CRM Inventory Management features you can achieve seamless integration between pre-sales and post-sales accounting activities in a single application. In addition, you can also procure goods or services from the selected list of vendor.
Products
Products refer to the goods or services sold or procured by any organisation.
Price Books
Price Books refer to the agreed price for selling a product to a customer. Based on the agreed terms, the prices can even vary for different customers.
Vendors
Vendors are the companies, individuals or contractors from whom your organisation procures products and/or services.
Quotes
Quotes are legal agreements between a customer and a vendor to deliver the requested product within the specified time at the agreed upon price.
Sales Orders
Sales Orders are confirmation of sales, generated after the customer sends a purchase order based on your quotes.
Purchase Orders
Purchase Orders are a legally bound order-placement document for procuring products or services from vendors.
Invoices
Invoices are bills issued by the vendor to the customers along with the goods or services with the purpose of receiving payment.