A virtual deal rooms facilitates collaboration between documents for complex sales, M&A, fundraising, strategic partnerships, and IPOs. The simple, intuitive digital workspace enhances the experience of buyers and keeps them engaged throughout the selling process.
A DealRoom system allows sales teams to present complete proposals much faster, and focus their efforts on creating a meaningful relationship with customers. This improves sales speed and the rate at which they win. The secure, centrally located platform lets users work from anywhere, using any device. Automated workflows eliminate mistakes, which saves time and cost.
It is easy to organize and structure documents by folders, dates or even specific users for easy access and management. This makes it easy to collaborate and share information with authorized stakeholders from all over the world on critical content. With watermarking and customizable security features VDRs VDR makes sure that sensitive information remains private. It also blocks distribution to unauthorized persons of printed documents.
Automated workflows can help keep CPQ and CRM data in sync with the VDR and eliminate naive errors like misspelling buyer names and making the process of updating quotes easier for sales executives. When an offer in CPQ is approved, DealRoom automatically updates its proposal to reflect the updated pricing.
A VDR allows you to personalize every document you send to the buyer by drawing a knockout post about Navigating the Digital Landscape with Virtual Deal Rooms relevant information from your CRM. This can include video testimonials, product spec sheets brochures, as well as other relevant documents that address the business requirements of the individual and industry. This level of personalization can increase the likelihood of a successful conclusion and aids revenue teams to forecast subscription revenue with confidence.