If you’re in the real estate or venture capital industry, or seeking a more efficient way to manage client-facing processes deal tracking software can help you streamline and automate your workflows. By automating your workflow, and eliminating the manual entry of data, your team will be able to function more efficiently in order to achieve your business goals.
In most cases, these tools let users access all their customers’ information and contracts from one location. This centralization of information can boost efficiency and teamwork, since everyone has an interface that is easy to use. Deal management software is typically cloud-based, meaning it can be accessed from anywhere with an internet connection. This enables teams to collaborate even when they work remotely.
Deal tracking software can assist customers to track their progress and manage the customer’s lifecycle at various stages of the sales process. For example, some systems let businesses automatically send emails and documents based on custom triggers. These reminders are an excellent method of keeping customers up to date with important information and help sales teams avoid lapses in communication.
The best deal management software provides a clear overview of all deals in an easily-comprehensible visualization. This can be displayed in several formats, including Kanban boards as well as list view and grid format. It can be filtered based on sales stage and other criteria. Additionally, certain platforms include the option of document management that allows users to save all their pertinent files in a centralized repository.