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Home EF Pulse

The CRM Data Cemetery: Why Customer Information Systems Don’t Improve Relationships

Equipment finance companies have invested millions in sophisticated CRM systems that capture extensive customer information, yet customer relationships aren't meaningfully improving, and data hygiene reports are worse than ever.

August 25, 2025
in EF Pulse, Middle Market +, Technology & Innovation, Vendor/Small Ticket
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The CRM Data Cemetery: Why Customer Information Systems Don’t Improve Relationships

Equipment finance companies have invested millions in sophisticated CRM systems that capture extensive customer information, yet customer relationships aren’t meaningfully improving, and data hygiene reports are worse than ever. Recent analysis reveals that the average equipment finance CRM contains 40+ data fields per customer, but relationship managers use fewer than 8 fields regularly and report that most stored information doesn’t help them serve customers better.

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