A virtual deal room allows for collaborative document exchanges in complex sales, M&As, fundraising, strategic partnerships and IPOs. Its intuitive and simple digital workspace enhances the buyer’s experience and keeps them engaged throughout the entire sales process.
A DealRoom allows sales teams to make comprehensive offers much faster and focus on building meaningful relationships with buyers. This improves sales speed and win rate. The secure, centrally located platform allows users to work from any location, on any device. Automated processes minimize mistakes and save time and money.
Documents can be organized and structured easily by date ranges, folders, or specific users to simplify management and access. This makes it simple to collaborate and share important content with authorized stakeholders across the globe. The customizable security features of a VDR and watermarking ensure that sensitive data remains private. It also stops distribution to unauthorized persons of printed documents.
Automated workflows can help keep CPQ and CRM data in sync with a VDR, eliminating careless mistakes like misspelling buyer names and making the process of updating quotes much simpler for sales leaders. When an offer in CPQ is approved, DealRoom automatically updates its proposal to reflect this updated pricing.
A VDR allows you to personalize each document sent to the buyer by drawing relevant information from your CRM. This could include videos of testimonials, product specifications sheets brochures, product spec sheets, and other relevant assets that speak to the specific business needs of the buyer and industry. This level of personalization increases the likelihood of a successful closing and assists revenue teams in forecasting subscription revenue with confidence.