The Standard Industrial Classification (SIC) is intended to help classify businesses according to the type of their economic activity. Although businesses can potentially belong to multiple classifications, the CRM allows for the primary classification to be stored and reported on against a division record. You can find the SIC on the main details page against a division record.
Although there are a standard set of classifications, not all will be suitable, and you may wish to define your own categorisation instead.
To configure your SIC you will require Prospect 365 Administrator rights, if you require these then please speak to your key CRM user or our Customer Services Team.
To edit your SIC, click on the settings icon in the bottom left-hand corner.
Once within the Settings Centre, navigate to the People & Places section & scroll down until you reach the Standard industry classification configure option.
By selecting the 'Click to Configure' link the Configure SIC window will open. Within this window all of your current SIC will be listed. To add a new one click on the + icon in the top right-hand corner.
You can then give the new SIC a name & a default account manager. The Default Account Manager is useful if a particular member of staff looks after companies that operate within his industry. Once happy with your new SIC click Create.
Finally, you may wish to obsolete certain SIC that you don't tend to deal with. To do so click on the Bin icon against the required SIC & the selected SIC will then be obsoleted, no longer appearing in the SIC drop down list. Please note any Divisions assigned this SIC will still remain.
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