Best Software for Private Equity Deals

Best Software for Private Equity Deals

If you’re in private equity, then you’re aware that a large amount of data is required to be compiled and stored throughout the process of evaluating and closing deals. The best software to use for a PE transaction is usually connected to third-party service providers that provide data and tools to aid in due diligence. It is also able to track and report on the performance of deals after the investment.

A centralized system for private equity deals is essential to managing investor relations, monitoring and analyzing the performance of portfolio companies, and integrating fund accounting — all in one location. The right solution can automate workflows and provide an indisputable source of all the information required for due diligence.

In the past, many of the top PE firms depended on Excel spreadsheets and their own internal systems to track contacts, companies and activities. This resulted in vdrconsulting.org/what-is-the-process-of-going-paperless-with-vdr inefficiencies and missed chances to make deals and win. To address this issue the second wave of specific software companies developed products specifically for managing and automating private equity deal flows. These are typically CRM solutions that feature a focus on relationship intelligence (e.g. the use of insights from job changes, updates to social media, and industry news). Navatar Affinity Altvia and other examples of this type of software are available.

Consider how easy the software is to use and install. Also, consider if the software can integrate with other programs your team relies on to get work done -such as email, calendaring projects, collaboration and project management tools, and even financial software. Then compare prices as well as features, integrations and user feedback using the resources on this page.