22 Oct Effective Deal Room Services
Effective deal rooms facilitate collaboration between buyers and sellers and allow for a more fluid sales process. These digital spaces store sales materials such as videos, PDFs and Slidedecks with motion designs which enhance sales pitches. They also allow for top file sharing solutions for commercial real estate easy and secure sharing of documents and ensure that sensitive information remains confidential. In addition to providing an effortless buyer experience Deal rooms that are digital can reduce the time internal teams take to examine and decide on documents. This means that your sales team will be able to close a deal with a single client much faster and keep their pipeline full, ensuring increase in profits and growth for your business.
Manufacturing and service companies who deal with complex product pricing and spec books should think about having a sales space that is digital to improve their customer generated contracts (like terms of service master service agreements, scope of work) to be able to close deals quicker. With the help of contract management software, which is integrated with proprietary CPQ or DealRooms legal and operations professionals can look over and redline contracts without having to be able to go back and forth between sales reps.
Sales enablement teams that want to ensure that sales reps are using the correct content assets should invest in a digital DealRoom with rules that automatically pick relevant collateral based upon buyer personas as well as buying stage. Forms that are embedded in DealRooms can streamline the process of collecting data. This is useful for collecting billing information and decreasing the number of emails exchanged with buyers. It also permits the finance and operations teams to do better forecasting. Automated workflows are able to be created in the platform by using CPQ integrations.