EspoCRM is the name of an open source CRM software company. EspoCRM functions an open source web application that deals with "customer relationship management," in ways that will allow the user to see, enter and evaluate all of the relationships they have with their company, despite what type it is. Essentially, the software is cloud-based and removes most of the hassle in dealing with businesses and its users can keep track without having to do a ton of work themselves. The application is used in almost any sector, ranging from wholesale and retail trades to traveling and tourism to banking and even e-commerce. The software supports several different languages, works at an incredibly fast rate and easily customizable. Benefits of this include the ability to communicate with customers and co-workers alike from a computer without having to move around and exchange information and thoroughly manage it as quickly as possible.