Deal Management Platforms

Deal management platforms are a reliable and user-friendly platform to manage deals from the initial contact until the closing. They help teams prioritize lucrative deals based on probabilities.

This allows the sales team to concentrate on selling more qualified prospects and improve win rate and revenue growth. Moreover, these tools help you analyze the key performance indicators of your pipeline, and determine the reasons behind why you’re losing sales. This will help you plan your future sales tactics.

Deal management software lets your sales reps transfer information that is essential to a deal automatically. This can streamline processes and saves you time. The information can be shared with the sales manager or passed on to new sales reps, making sure that all parties are informed of any changes made to the contract.

These tools can also provide valuable insights into pricing inventory, market, and pricing trends that can be leveraged to increase profits. You can utilize data such as this to improve your sales forecasts as well as inventory if, for example, a particular product type is more popular in a specific segment.

4Degrees is one of the most popular deal management platforms. Other top platforms include Altvia, iDeals and eFront. They offer collaboration solutions, non-fussy tracking of deals, quick access to quality data, automated enrichment profiles, and many more. They are able to cater to a variety of sectors and use cases, including VC & Private Equity, M&A, Corporate Development, and more. Some are available as web-based applications and others as a mobile app.

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