Customer Relationship Management Practices as Determinants of Business Performance: A Systematic Literature Review
Mary Joan B. Lasola
Discipline: business and management
Abstract:
Customer relationship management, or CRM, has become a crucial component that affects how well businesses, particularly accounting outsourcing organizations, function globally. This study addresses the gap in literature regarding the influence of Customer Relationship Management (CRM) practices on the business performance of account-ing outsourcing firms. This study aims to have a systematic literature review on Customer Relationship Management practices as determi-nants of Business Performance. Moreover, this study employed a sys-tematic literature review to examine the CRM practice and Business Performance of accounting outsourcing firms. This study draws on 10 studies published within year 2020 to 2025. The literature review highlights the need to further explore the connection between CRM practices and the commercial performance of accounting outsourcing companies. To give practitioners useful information, the study looks at the relationship between CRM dimensions such as customer engage-ment, client retention, and service customization and financial and non-financial performance. In conclusion, the main findings reveal that CRM dimensions are critical to improving both financial and non-finan-cial performance, particularly for small and medium-sized enterprises (SMEs). The study's implications suggest that accounting outsourcing firms can enhance competitiveness by integrating advanced CRM strat-egies and leveraging data-driven insights to build stronger client rela-tionships and respond more effectively to evolving client needs.
References:
- Abidin, R. A., Yudistria, Y., & Ramli, A. H. (2025). The effect of customer experience, cus-tomer satisfaction and word of mouth on customer loyalty. Jurnal Ilmiah Mana-jemen Kesatuan, 13(2), 685–702. https://jurnal.ibik.ac.id/index.php/jim-kes/article/view/2125
- Adiyanto¹, N. (2021). Customer relationship management (crm) based on web to improve the performance of the company.IAIC Transactions on Sustaina-ble Digital Innovation (ITSDI) The 1st Edi-tion Vol. 1 No. 1 October 2019, 32. https://tinyurl.com/y24kthzp
- Alshamsi, A., Alshurideh, M., Kurdi, B. A., & Sal-loum, S. A. (2021). The influence of service quality on customer retention: A system-atic review in the higher education. In Proceedings of the International Confer-ence on Advanced Intelligent Systems and Informatics 2020 (pp. 404-416). Springer International Publishing.
- Areola, E. M. Q., & Villar, J. C. (2023). Integrating Social Media Strategy with Customer Re-lationship Management: A Basis for Rela-tionship-Marketing Strategies for Domini-can Province of the Philippines Schools.Journal of Sustainable Community Development (JSCD),5(1), 44-76. https://jscd.ipmi.ac.id/in-dex.php/jscd/article/view/94
- Artha, B., & Satriadhi, B. (2023). Performance of Business: A Review of the literature. Jurnal Ekonomi LLDIKTI Wilayah 1 (JUKET), 3(2), 41–47. https://doi.org/10.54076/juket.v3i2.398
- Baby, A., Mia, M. A., & Pitchay, A. A. (2024). A systematic review of financial perfor-mance in the manufacturing industry. Fu-ture Business Journal, 10(1). https://doi.org/10.1186/s43093-024-00353-1
- Becker, L., & Jaakkola, E. (2020). Customer ex-perience: fundamental premises and im-plications for research. Journal of the Academy of Marketing Science, 48(4), 630–648. https://doi.org/10.1007/s11747-019-00718-xMJB Lasola, 2025 /Customer Relationship Management Practices as Determinants of Business PerformanceIJMABER 3815Volume 6| Number 8| August | 2025
- Bouchard, S., Gamache, S., & Abdulnour, G. (2023). Operationalizing Mass Customiza-tion in Manufacturing SMEs—A System-atic Literature Review. Sustainability, 15(4), 3028. https://doi.org/10.3390/su15043028
- Crous, Cornelie ; Battisti, Enrico ; Leonidou, Erasmia (2021). Non-financial reporting and company financial performance : a systematic literature review and inte-grated framework. EconBiz. https://www.econbiz.de/Record/non-fi-nancial-reporting-and-company-finan-cial-performance-a-systematic-literature-review-and-integrated-framework-crous-cornelie/10012638196
- Guerola-Navarro, V., Gil-Gomez, H., Oltra-Badenes, R., & Soto-Acosta, P. (2022). Cus-tomer relationship management and its impact on entrepreneurial marketing: a literature review. International Entrepre-neurship and Management Journal, 20(2), 507–547. https://doi.org/10.1007/s11365-022-00800-x
- Haryanto, H., Nurdiniah, D., & Putri, S. Y. A. (2025). Non-Financial Performance Indi-cators and Corporate Burnout: A Narra-tive review. International Journal of Busi-ness Law and Education, 6(1), 556–567. https://doi.org/10.56442/ijble.v6i1.1043
- Khan, R. U., Salamzadeh, Y., Iqbal, Q., & Yang, S. (2022). The impact of customer relation-ship management and company reputa-tion on customer loyalty: The mediating role of customer satisfaction. Journal of Relationship Marketing, 21(1), 1-26.
- Kusumawardani, Astrin & Che Haat, Mohd Has-san & Saputra, Jumadil & Yusliza, M. Y. & Muhammad, Zikri & Bon, Abdul. (2021). A Review of Corporate Financial Perfor-mance Literature: A Mini-Review Ap-proach Keywords. 10.46254/AN11.20210713.
- Li, F., & Xu, G. (2022). AI-driven customer rela-tionship management for sustainable en-terprise performance.Sustainable Energy Technologies and Assessments,52, 102103. https://www.sciencedi-rect.com/science/arti-cle/pii/S2213138822001552
- Lin, H., Gursoy, D., & Zhang, M. (2020). Impact of customer-to-customer interactions on overall service experience: A social ser-vicescape perspective. International Jour-nal of Hospitality Management, 87, 102376. https://doi.org/10.1016/j.ijhm.2019.102376
- Lisi, S., Mignacca, B., & Grimaldi, M. (2023). Non-financial reporting and SMEs: A sys-tematic review, research agenda, and novel conceptualization. Journal of Man-agement & Organization, 30(3), 600–622. https://doi.org/10.1017/jmo.2023.43
- Meena, P., & Sahu, P. (2021). Customer Rela-tionship Management Research from 2000 to 2020: An Academic Literature Re-view and Classification. Vision the Journal of Business Perspective, 25(2), 136–158. https://doi.org/10.1177/0972262920984550
- Migdadi, M. M. (2021). Knowledge manage-ment, customer relationship management and innovation capabilities.Journal of Business & Industrial Marketing,36(1), 111-124. https://www.emerald.com/in-sight/content/doi/10.1108/JBIM-12-2019-0504/full/html
- Winata, R. K., & Sukarno, S. (2024). Literature Review on Digitalization and Financial Performance. https://pa-pers.ssrn.com/sol3/papers.cfm?ab-stract_id=4930671
- Xu, Y. (2024). Customer customization: litera-ture review and future prospects. High-lights in Business Economics and Manage-ment, 39, 1036–1042. https://doi.org/10.54097/403edr91