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Inefficient Initial Document Collection

 

Inefficient Document Collection

When document collection begins, it’s burdensome on not only you, but your client as well. Collecting documents and marketing material to build a CIM can take anywhere from 1-4 weeks. There are 100s of documents to upload to a data room, a tracker to update with what’s been added, emails, follow-up emails, more uploads, updating a tracker again ect. Having duplicate request or requests that come in late can be an added frustration for the management team as well.

The solution to this is to automate the workflow so management teams spend far less time answering requests and stay focused on running their business. Agile project management software, like DealRoom, eliminates steps and time spent answering these requests.

What is a Corporate Development Tool?

Corporate development software is one of the best ways to help companies manage deal pipelines efficiently and effectively. In M&A deals, there is frequently lots of research and due diligence involved, and large amounts of information to accumulate very quickly.

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