Paying a CRM vendor to host your CRM applications is a less expensive alternative to purchasing licenses to CRM software and running it yourself.

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Quizplus · Accepted Answer

When you host your CRM applications with a vendor, you typically pay a monthly or yearly subscription fee that includes the cost of using the software, as well as hosting, maintenance, and support. This can be less expensive than purchasing licenses to CRM software and running it yourself, as you will avoid the upfront costs of software licenses, hardware, and IT staff.

Paying a CRM Vendor to Host Your CRM Applications Is