Whether you’re working in the real estate or venture capital industry, or looking for an easier way to manage your client-facing processes, deal tracking software can help improve and automate your workflow. By removing the need for manual data entry and providing real-time notifications, your staff can more effectively reach your business objectives.
Typically, these tools allow users to access all of their customer’s information and contracts in one place. This centralization of information can boost efficiency and teamwork, as everyone has an easy platform to use. Additionally, deal management software is typically cloud-based and able to be accessed from anywhere using an internet connection. This allows teams to stay on the same page when they work remotely.
Deal tracking software can assist customers to track their progress and monitor the lifecycle of a customer at various stages of the sale process. Certain systems allow businesses to send out documents and emails automatically in response to triggers. These reminders can be used to ensure that customers are informed with important information, and can help sales teams avoid lapses in communication 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 lists view, list view, and grid format. It can be filtered according to the sales stage or other criteria. Certain platforms also have a document management tool that lets users store all their relevant files into a centralized repository.