Deal Making Software – How to Choose the Right Deal Making Software for Your Business


Deal making software aids dealmakers in capital markets (investment banks, credit companies, private equity, venture capital and real estate) make more complex long-term deals. It automates, streamlines and makes it easier for sourcing and analyzing investment opportunities to boost business growth, profitability and sustainability.

Selecting the best solution for your team requires looking for a platform which has customizable workflows that follow your specific processes. Also, you should look for a solution with automated reports to make it easier to see sales trends and performance metrics. In addition, you need a platform that can facilitate cross-team collaboration within a secure easy-to-use virtual data room which can be accessed from anywhere and on any device.

A great deal sourcing tool should have the right tools to manage pipelines to simplify the whole process from signal to closing. Make sure your team is current on the status of each deal, can see the progress of each deal and easily record and report on all interactions, without leaving the platform.

Choose a system that allows you to drag and drop deals across different stages. You can also arrange and classify deals based on your business needs and add tags that highlight the key elements in every deal. You should also be able to create and email quotes directly to customers from within your deal management system. This lets you send quotes quickly from the platform. It saves your team time and helps them work smarter.