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. You can find the SIC on the main details page against any Division.
Although there are a standard set of classifications, not all will be suitable, and you may wish to define your own categorisation instead.
You'll need CRM Admin rights in order to follow the steps in this article
Step 1: Go to Settings Centre
To edit your SIC, click on the cog icon in the bottom left-hand corner.
Step 2: Navigate to People & Places in Settings
Once within the Settings Centre, navigate to the People & Places page and scroll down until you reach the Standard Industry Classification configure option.
By selecting the 'Click to Configure' link, the Configure SIC window will open. Here, any pre-existing SICs will be listed. To add a new one, click on the plus icon in the top right-hand corner.
Step 3: Add SIC Details
You can then give the new SIC a name and a Default Account Manager. The Default Account Manager is useful if a particular member of staff looks after companies that operate within this industry. Once happy with your new SIC, click 'Create'.
Finally, you may wish to obsolete certain SICs that you don't tend to deal with. To do so, click on the bin icon against the required SIC and the selected SIC will then be obsoleted, no longer appearing in the SIC drop-down list. Please note: any Divisions assigned to this SIC will still remain.