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Deal management platforms help businesses to track their sales process. This includes data about customers along with deal status, as well as the performance of sales reps. This provides businesses with comprehensive understanding of their sales process and allows them to narrow on areas of weakness for future improvement. This is especially useful for real estate investors who want to quickly find the right strategies to increase top-line revenue and maximize profits.
One of the most important aspects of a deal management platform is its capacity to streamline the sharing of documents and communications and eliminate manual processes. This allows you to work more efficiently with teams in deals and manage large projects. It lets teams access information quickly even when they are offline or in another time zone. This cuts down on time and businesses can close more sales.
Some of the leading deal management platforms offer features like custom data types that are real-time, collaborative mobile apps, and many more. Founded in 2019, Attio is a relationship management tool that helps venture capital and private equity deal management platforms teams manage their deals better. It offers features like the ability to track transactions without friction, high-quality data and a secure archive of all data.
Another advantage of a top deal management system is the ability to allow users to create and send out quotes directly from inside CRM. This makes sales easier and helps reduce errors in data entry. It also improves customer satisfaction. It ensures that all relevant information is included in the quotation and is easily accessible to the customer.