A deal in a CRM means an opportunity to sell your products or services. It can be defined as a potential sale agreement or business commitment between the seller and the buyer organization/individual, in which the seller will receive a monetary reward in return for the products/services he gives to the buyer.

Deal Management CRM Software for Business

Q: What is deal management?

Organizing, tracking, maintaining, prioritizing, and analyzing deals comprises of deal management. Efficient deal management helps small business move deals faster through the sales process and close conversions.

Close More Deals With Kylas

Manage deals, their value and forecasted closure date.
Stay updated on critical information about your deals, any time, anywhere.
Use smart filters for sharper of your team’s performance.
Monitor your sales team’s performance.

Focus on the deals that have higher chances of closure.
Use kylas for account based marketing with multiple contacts on a deal.
Analyze your deals by pipeline stages to understand where you stand versus targets.
Get History Feed to track activities and work done on a deal

Identify The Right
Sales Opportunities

Kylas provides you with a 360º view of all your deals. It enables you to determine how a deal is performing, helps you identify the next best action, and monitors deals that need attention.

Share Deal Information
With Other Users

Collaborate on the same deal and increase its odds of closing. With Kylas you can share
deals with a user or a team in your account.

Benefits Of Deal Management

Helps manage and
maintain strong
sales pipelines

Helps in prioritizing
deals that are more
likely to convert

Helps in maintaining
consistent and
contextual messaging

Helps create accurate
sales forecasts

Improve sales team
collaboration and
communication

Automates
repetitive tasks

FAQs

What are the benefits of efficient deal management?

Efficient deal management helps a business track, maintain, prioritize, and analyze all the deals in its pipeline. It contributes to the seamless movement of deals through the sales process and scales conversions.

Here are some of the other benefits associated with deal management:

Valuable insights into the bottlenecks of your deal process to help you boost conversions
Clear visibility into each deal and the work done on it.
Engaging leads at every touchpoint in their buying journey with automated communication.

What is the difference between a lead and a deal?

Any client who expresses interest in your products or services is a lead. Such clients have not had any communication with your business previously. They are pre-qualified, so there is no guarantee that their requirements match your offerings.

Deals on the other hand are qualified contacts who have very high chances of buying from your business. They usually need immediate attention and can add monetary value to your business. Not only this but ongoing transactions you are pursuing with a person or organization can also be tracked as a deal.

Why do small businesses need a robust deal management system?

Deal management for small businesses is vital to ensure a steady flow of sales. It helps in tracking and analyzing all deals, which is crucial for closing sales and providing a good customer experience. Both these aspects are very important for small businesses, since they do not have the luxury of letting any deal slip by due to mismanagement.

Deal management is a very complex process. If this had to be done manually, it would take up a lot of time and cause inefficiencies. Instead, a deal management system will help small businesses effectively track their deals. With such a system in place, SMB’s can benefit in several ways:

Have consistent and customized deal pipelines to track and monitor every deal’s progress
Maintain transparency in all tasks associated with deals such as the team working on it, notes/status update as every stage of the deal, etc.
Accurately allocate resources by leveraging the insights on every deal

What are the features of deal management software?

Here are some of important features offered by deal management software:

Easily get relevant data points on any deal and the work done on it in a centralized platform.
Overview & customization of the entire deal pipeline to stay on top of every deal
Identifying bottlenecks in the sales process and drive efficiency
Deal stages can be easily updated to have an accurate idea of the status of deals at any given time
Accurate forecasting of revenue and deal closures.

How are deals managed in Kylas?

Once you have identified your qualified leads, you can create deals for them from within Kylas CRM system. You can add all the relevant inputs like name, company information, etc. against the deal, and choose which information among these should be displayed.

Once the deals are in your system, you can easily assign tasks and actions against them, which can be viewed by every member of your team for seamless collaboration. Your deals will flow through the pipeline stages as customized by you. Kylas helps you close deals with the utmost efficiency and productivity and delight your customers with an enhanced experience.

Features

For Sales Manager:

For Sales Reps:

Industry

Resources

DEAL MANAGEMENT

Shorten Your Sales Cycle

Close More Deals With Kylas

Includes

Identify The Right
Sales Opportunities

Track Where Your Business Is Heading

Create Different Pipelines
For Different Sales Products

Share Deal Information
With Other Users

Benefits Of Deal Management

FAQs

For Sales Manager:

For Sales Reps:

DEAL MANAGEMENT

Shorten Your Sales Cycle

Close More Deals With Kylas

Includes

Identify The Right Sales Opportunities

Track Where Your Business Is Heading

Create Different Pipelines For Different Sales Products

Share Deal Information With Other Users

Benefits Of Deal Management

FAQs

5000+ growing businesses have signed up for Kylas!

Identify The Right
Sales Opportunities

Create Different Pipelines
For Different Sales Products

Share Deal Information
With Other Users

5000+ growing businesses have
signed up for Kylas!