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Dealmakers must be competent in acquiring and managing information at the highest levels. This includes screening prospects that could pose risks to their portfolio companies, as well as live information on companies, investors, and major players. GPs and LPs should consider moving beyond traditional all-in one CRM platforms designed for sales teams, which optimize sales pipelines or selling widgets. Instead, they need to select a solution that can provide relationship intelligence, as well as support complex data-driven workflows.

Having a single, integrated solution that secures and manages data can help eliminate duplication of effort and improve task management. Dealmakers can also simplify workflows by automating manual tasks, which reduces human error and saving valuable time to devote to other aspects of their work.

Software for Deal Makers

Several vendors provide software to assist in the M&A process such as 4Degrees, Midaxo, and Smartsheet. The main difference between these options is that DealRoom is specifically designed for M&A, offering project and document management under one roof, with advanced, granular permissions.

DealRoom lets dealmakers customize dashboards, reports and integrations with their existing tools (such as Slack), for an easy user experience. This lets team members access the information they require without having to switch between applications to improve productivity and communication.

You may be an associate at an equity firm, or a senior investment banker, you should have an application that can advance your career and enable you to make the most lucrative deals. Schedule a demo to see how our platform can help you improve your workflows, increase operational efficiency and enhance your relationship management using advanced relationship intelligence.