Benefits of using CRM for business intelligence
The benefits of using a CRM for business intelligence (BI) include:

Better sales management: Sales pipelines and funnels can be mapped and managed efficiently across sales teams and products.
Increased conversions: Identifying locations, traffic sources, and customer types enables you to have more effective sales conversations.
Improved customer service: Managing queries and customer interactions creates a historical view of customer interactions, which can be drawn upon to improve customer service performance.
Higher customer satisfaction: Streamlined customer interactions with sales and support staff using response automation and analytics can be used to improve the overall CX.
Greater interdepartmental visibility on customer interactions: Because it is a single source of truth for many organizations, all departments can reference and use CRM data.