In the context of CRM, what does the abbreviation SFA stand for?

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DFCCIL Executive Operating 2018 Official Paper
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  1. Sales Field Allocation
  2. Sales Field Audit
  3. Sales Frontend Audit
  4. Sales Force Automation

Answer (Detailed Solution Below)

Option 4 : Sales Force Automation
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Customer Relationship Management (CRM) is a process of managing a company's interactions and relationships with customers and potential customers.

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Sales Force Automation:

  • Sales Force Automation (SFA) is a technique of using software to automate business tasks.
  • It is an integrated application of customizable Customer Relationship Management (CRM) tools that automate and streamline inventory, forecasting, leads, forecasting, performance, and analysis.
  • SFA is often used interchangeably with CRM; however, CRM does not necessarily imply automation of sales tasks.
  • SFA is also known as the sales force management system.
  • All SFA systems are built with two core components:
    • Content management system: Tracks customers, contacts, forecasting, activities, sales history and analytics.
    • Sales lead tracking system: Tracks leads and opportunity pipeline data.
  • SFA tools include Web-based (hosted CRM) and in-house systems.
  • A web-based, hosted CRM, integrates the application service provider (ASP) model with cloud computing and is famous in small organizations without established CRM infrastructures.
  • In-house SFA provides greater customization but is more costly than hosted CRM SFA packages.
  • SFA is also known as Sales Automation (SA) software or CRM software.  

Therefore, in the context of CRM, the abbreviation SFA stands for Sales Force Automation. 

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