In this showcase, we highlight how venture capitalists can effectively manage deals using Smart Suite. The demonstration includes adding deal information from emails, creating views for specific stages, assigning tasks, logging comments, and integrating with communication platforms like Slack and email.
This video's chapters:
0:20 - Managing deals in CRM Solution
0:43 - Overview of relevant fields collected for companies and deals
1:23 - Importance of email in VC firms and its role in deal flow
1:55 - Demonstration of adding deal information from Gmail to Smart Suite
2:58 - Showcase of the created deal in Smart Suite
3:23 - Introduction to managing deals using the status field
3:46 - Creation of a view for deals in the due diligence stage
4:06 - Overview of the notes and next steps section for meetings
4:32 - Explanation of assigning tasks and due dates to team members
4:43 - Attachment of company information and documents
4:56 - Integration with Slack to send messages about deals
5:10 - Sending emails from SmartSuite with pre-filled information
5:26 - Logging comments and communication activities
Introduction and Overview
SmartSuite offers a structured approach to managing venture deals through its CRM solution, providing seamless integration and efficient management of company, deals, and contacts. This system enhances the ability to track and manage venture deals effectively.
Venture Deals in CRM Solution
The CRM solution in SmartSuite links companies, deals, and contacts, collecting relevant fields for comprehensive deal management. This integration ensures that all necessary information is organized and accessible, facilitating better decision-making.
Managing Deals in Gmail
SmartSuite integrates with Gmail to streamline deal management. Users can add deal information directly from Gmail into SmartSuite, creating new deals or linking them to existing companies. This feature simplifies the process of collecting and organizing deal-related information.
Deal Management in SmartSuite
In SmartSuite, a status field indicates the action required for each deal. Users can create a view for deals in due diligence, access specific company records, and utilize the notes and next steps section for meeting discussions. Tasks can be assigned to team members with due dates, and company information and documents can be attached for comprehensive tracking.
Communication and Collaboration
SmartSuite enhances communication through its integration with Slack, allowing users to send messages about deals directly from the platform. Emails can also be sent from SmartSuite with pre-filled information, logging comments and communication activities efficiently. The Activity History feature keeps a real-time log of all changes, ensuring transparency and collaboration.By leveraging SmartSuite's Workflow Automations, businesses can automate routine actions based on specific triggers and conditions, further streamlining the venture deal management process. The Grid View offers a powerful way to view projects and processes in a grid format, enhancing data management capabilities.
