Being a dealmaker takes a lot of research, extensive personal networks and a strong gut instinct. However, a well-designed tech stack is also an essential element of a dealmaker’s arsenal. investing in technology platforms that have advanced capabilities such as relationship intelligence customized scores, AI-powered databases, and advanced forecasting, can assist firms in closing deals.

Many companies still rely solely on generic tools or multiple communication and collaboration applications to manage M&A processes. These single-use tools pose security risks however, they often result in a duplication of effort and inconsistent data management. It is easy for a salesperson who is juggling several tools for communication and collaboration to miss an important message from a potential client.

The best software is a combination of the two, and provides a clear separation of responsibility among team members. It provides role-based permissions that ensure that only the most relevant information is visible to each team member. Integrating the platform eliminates the need for duplicate tasks and allows for quicker, more precise analysis of the information that is crucial most to a company’s M&A goals.

If you’re an investment banker, private equity firm, or a corporate development department it is essential to have a centralized repository of information about the target investments. A pipeline management tool can streamline M&A processes and increase efficiency. It also provides an improved return on investment.

Designed by experts from private equity and investment, Sourcescrub is an AI-powered deal sourcing platform that provides an extensive view of the private markets. It has 150,000+ sources with billions of data points and more than 15 million companies. Sourcescrub’s advanced features, like enhanced analytics and real-time alerts for targets, custom scoring and pre-built integrations to CRM, are a must-have in any dealmaker’s tech stack.

distribution of employee tasks