A virtual deal room allows for collaborative document exchanges in complex sales and fundraising, M&As IPOs and strategic partnerships. Its intuitive and simple digital workspace enhances the buyer’s experience and keeps them interested through the entire selling process.
A DealRoom system allows sales teams to deliver comprehensive proposals significantly faster, and concentrate their efforts on creating an effective relationship with buyers. This increases sales velocity and the rate at which they win. The platform is secure and centrally managed. Users can work anywhere on any device. Automated workflows eliminate errors, thereby saving time and cost.
Structure and organize documents easily by folders, dates or even specific users to make them easier to manage and access. This makes it simple to share and collaborate on important documents with authorized parties around the world. The customizable security features of a VDR and watermarking make sure that sensitive data remains private. It also prevents distribution to non-authorized persons of printed documents.
Automated workflows maintain CPQ CRM, CPQ and VDR data in sync. This prevents erroneous mistakes such as misspellings of buyer names and makes updating quotes simpler for sales leaders. When discounts in CPQ is approved, DealRoom automatically updates its proposal to reflect this updated pricing.
With the help of a VDR it is possible to personalize each document that is sent to buyers by pulling in relevant information from the CRM. This could include video testimonials, product specification sheets brochures, as well as other relevant assets that reflect the business needs of the individual and industry. This level of personalization increases the likelihood of a successful closing and also helps revenue teams forecast subscription revenue accurately.