If you’re working in the real estate or venture capital industry, or are simply looking for an easier way to manage client-facing procedures, deal tracking software can help you streamline and automate your workflow. By automating your workflow, and eliminating the need to manually enter data your team can work more efficiently in order to achieve your business goals.
These tools often let users access their customer’s information and contract information in one place. This centralization of information can boost efficiency and teamwork, because everyone has access to a platform that is simple to use. Deal management software is usually cloud-based, meaning it can be used anywhere that has an internet connection. This makes it easier for teams to remain on the same page while they’re working remotely.
Deal tracking software can assist customers to track their progress and monitor the customer lifecycle at different stages of the sale process. Some systems allow businesses to send emails and documents automatically according to triggers. These reminders can be used to ensure that customers are kept up-to-date with relevant information, and also help sales teams avoid mistakes in communicating with potential customers.
The best deal management software provides a clear overview of all deals in an easily-comprehensible visualization. It can be displayed in several formats such as Kanban boards as well as list view and grid format. It can also be filtered according to sales stage and different factors. Furthermore, some platforms offer the option of document management that lets users store all of their important files in an virtual data room organized repository.