Dealmakers must be able collect and manage information at the most advanced level. This includes vetting potential risks to questions before the board meeting their portfolios as well as live information on the major corporations, investors, players, and much more. GPs and LPs must move beyond traditional CRM platforms that are designed for sales teams optimizing sales pipelines or selling widgets. Instead, they need select a platform that can provide relationship intelligence and support complex data-driven workflows.
A single integrated system that secures, manages and organizes data will eliminate duplicate work and improve the efficiency of task management. Dealmakers can also streamline workflows by automating manual tasks, reducing human error and allowing valuable time to dedicate to other aspects of their job.
Software for Deal Makers
Many companies offer software to assist with the M&A process. They include 4Degrees Midaxo and Smartsheet. The major difference between these software solutions is that DealRoom is specifically geared towards M&A offering project and document management under one roof with advanced capabilities, with granular access rights.
DealRoom allows dealmakers to modify dashboards and reports to suit their specific needs, and integrates with the tools they already use (such as Slack) for a seamless experience. This allows team members to access the information they require without having to switch between applications to improve productivity and communication.
No matter if you're an associate at a private equity company or a senior investment banker, you need a tool that will advance your career and allow you to close the most lucrative deals possible. Set up a demo of our platform to learn how we can help you improve your workflow, increase operational efficiency, and enhance relationship management with advanced intelligence.