Being a dealmaker demands a lot of research, a strong personal network, and a killer intuition. A well-designed tech stack can also be a potent tool for a dealmaker’s arsenal. Making investments in a technology platform with advanced capabilities like relationship intelligence, customized scoring, AI-powered data warehouses and advanced forecasting can assist companies in closing more deals.
Many companies still rely solely on generic tools or multiple communication and collaboration apps to manage M&A processes. These single-use platforms not only create security risks, but also result in duplicated work and inconsistent handling of data. It is easy for a dealmaker who is juggling multiple communication tools and collaboration tools to miss an important message from a potential customer.
The best software for deal makers is integrated and offers a clear line of responsibility between team members. It offers role-based permissions that ensures only the most pertinent information is accessible to every member of the team. A platform that is integrated reduces the need for reworking and enables faster, more accurate data analysis for M&A goals.
Whether you’re an investment banker or private equity firm or corporate development department, it’s crucial to have a centralized repository of information about the target investments. A pipeline management software can simplify M&A processes, improve efficiency, and give you a better ROI.
Designed by experts from private equity and investment, Sourcescrub is an AI-powered deal sourcing platform that delivers a comprehensive view of the private markets with 150,000+ sources and billions of data point, and over 15 million companies. With advanced features and functionality like augmented analytics, real-time target alerts, custom scoring and pre-built CRM integrations, it is a must for any dealmaker’s technology stack.
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