A virtual deal room allows for collaborative document exchanges in complex sales M&As, fundraising, strategic partnerships and IPOs. Its simple, intuitive digital workspace improves the customer experience and keeps them engaged throughout the sales process.
A DealRoom allows sales teams to deliver comprehensive offers much faster and concentrate on building meaningful relationships with buyers. This increases sales velocity and win rate. The platform is secure and centralized. Users can work anywhere on any device. Automated workflows eliminate mistakes, which saves time and cost.
It is easy to organize and organize documents by date, folders or by specific users to help manage and access. This makes it simple to collaborate and share information with authorized parties around the globe on important content. The customizable security features of a VDR and watermarking make sure that confidential data remains private. It also prevents unauthorized distribution of printed documents to unauthorized individuals.
Automated workflows keep CPQ CRM, CPQ and VDR data in sync. This helps avoid sloppy errors like misspellings of buyer names, and makes updating quotes easier for sales managers. When an offer in CPQ is approved, DealRoom automatically updates its proposal to reflect the new pricing.
With the help of a VDR, it’s possible to personalize each document that is sent to buyers by pulling relevant information from the CRM. This can include video testimonials and product specification sheets. It can also contain brochures and other materials that are relevant to the buyer’s sector and business requirements. This personalization boosts the chance of a successful close and helps revenue teams forecast subscription revenue more confidently.