xRM encompasses applications and business practices that go beyond traditional customer-centric CRM functionality. The “x” underpins a variety of applications that are tightly integrated and are used to manage internal and external transactional relationships. xRM is a strategic approach to understanding what makes a business thrive, what information needs to be tracked, by whom, and how it needs to be displayed and leveraged to facilitate better decisions
xRM includes all following strategies :
- Personal Information Management (PIM)
- Contact Management Software (CM)
- Customer Relationship Management (CRM)
- Investor Relations (IR)
- Human resource management (HRM)
- Partner Relationship Management (Partner RM)
- Press Relationship Management (Press RM) or Media Relationship Management (MRM)
- Supply chain management (SCM)
