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How is a Company Database a boon for your business?
How is a Company Database a boon for your business?
Do you know that small businesses run on databases? The repositories of well-organized information have the capacity to virtually store every type of data helpful for businesses. Then this whole information can be delivered to you with just a single click of a mouse.

Business directory, Company database

Do you know that small businesses run on databases? The repositories of well-organized information have the capacity to virtually store every type of data helpful for businesses. Then this whole information can be delivered to you with just a single click of a mouse. The Company database helps small-business owners to manage and track their customers, and employees.

Customer Relationship Management

The SalezShark Connect+ database can help small businesses managing the lifeblood of their business i.e. Customers. Its company database easily organizes every company information including its accounts, leads, contacts, and opportunities. 

Not only this but also, it stores every customer record including his contact details, the date and amount of his last order, the final amount of his purchases for the last year, the favorite products list and the returned products, details of customer service calls. Business Directory is also useful to manage marketing and promotions, prepare shipping labels, and export email addresses.

Inventory Tracking Database

An inventory tracking database is useful for a retail business to calculate how much inventory is in a storage room, in a warehouse, and on store shelves. Combined bar codes and scanners build a well-defined tracking system to monitor products wherever they are shifting from and to. A database can create alerts in case of deficiencies in products and supplies. This implies it is a kind of reminder for you to place an order for more before you run out of the essential items.

Payroll and Scheduling Database

Listing your business in the business directory after managing proper employee information can build your reputation and simultaneously simplify prevent payroll errors. The fields of your employee database consist of an hourly wage, salary or bonus, tax withholding rates, and accrued vacation time. 

Other employee benefits are health insurance and retirement account contributions to be recorded in a database. You can link more than two databases to form an association between a sales representative in the database and the accounts she is currently handling in the CRM database.

Business Data Analysis

When the com[any database has some robust reporting features then it makes potential resources to better analyze your data and get to know about the future trends. A report indicating sales promotion effectiveness shows the sales of specific products which get incremented after an email promotion along with the sales of other products that gets increased after an in-store promotion. 

Your customer behavior is easy to predict and thus your company database can help you fulfill your customers' needs.