A virtual deal space allows for document exchanges that are collaborative in complex sales M&As, fundraising IPOs and strategic partnerships. The simple and intuitive digital workspace improves the buyer’s experience and keeps them involved throughout the entire sales process.
A DealRoom platform allows sales teams to create complete proposals much faster, and concentrate their efforts on developing an authentic relationship with buyers. This improves sales speed and win rate. The platform is secure and centralized. Users can work anywhere on any device. The streamlined workflows minimize mistakes, which saves time and money.
It is easy to organize and organize documents by folders, dates or even specific users to make them easier to manage and access. This makes it easy to communicate and collaborate with authorized parties around the globe on content that is critical to. The customizable security features of a VDR and watermarking make sure that sensitive data remains private. It also helps to prevent the distribution of printed documents to unauthorised individuals.
Automated workflows ensure that CPQ CRM, CPQ, and VDR data in sync. This prevents erroneous mistakes like misspellings of names of buyers, and allows updating quotes to be easier for sales managers. For instance, if a discount is approved in CPQ the system automatically updates the DealRoom proposal to reflect the latest pricing.
With a VDR it is possible to personalize each document that is sent to buyers by pulling in relevant information from the CRM. This can include video testimonials as well as product spec sheets. It can also include brochures and other assets that are relevant to the buyer’s industry and business needs. This level of personalization increases the likelihood of a successful conclusion and assists revenue teams in forecasting subscription revenue with confidence.