The Best Software For Deal Makers

Being a dealmaker requires a lot of research, robust personal networks and a sharp intuition. The right tech stack could also be a powerful tool in the arsenal of dealmakers. Investing in technology platforms with advanced capabilities, such as relationship intelligence custom scores, AI-powered databases and complex forecasting, can help firms close deals.

Many companies still rely on the same-type, one-off tools as well as multiple applications for collaboration and communication to manage M&A processes. These single-use tools not only present security risks, they also cause duplicate work and inconsistent sites handling of data. This makes it easy for the buyer to miss an important prospect’s message while managing multiple collaboration and communication tools.

The best software for deal makers is one that is integrated and clearly defines the line of authority between team members. It gives permissions based on roles, which ensures that only the most relevant information is viewed by each team member. A system that is integrated can eliminate the need for duplicate work and allows faster, more precise data analysis to meet M&A goals.

Whether you are an investment banker, private equity firm, or a corporate development department it’s vital to have a central repository of information on your prospective investments. A pipeline management software can streamline M&A workflows, boost efficiency, and deliver superior return on investment.

Created by private equity and investment professionals, Sourcescrub is an AI-powered deal sourcing platform that delivers an extensive view of the private market with more than 150,000 sources, billions of data points and more than 15 million companies. Sourcescrub’s advanced features, like real-time alerts, augmented analytics, for specific targets, as well as custom scoring and pre-built integrations into CRM, are a must-have in any dealmaker’s tech stack.