M&A software can provide numerous benefits to businesses looking to streamline their process for finding and identifying new investment opportunities. As well as streamlining your overall workflow, M&A software can also provide you with a reliable way of storing and sharing documents and data relevant to your decision-makers. This ensures that every decision your business makes is taken with care and consideration.
Of course, in order to reap the full benefits of M&A software, you need to choose the right platform for your needs. Below is a selection of the best M&A platforms on offer as we go into 2020.
DealRoom is an easy to use platform with an intuitive interface that makes getting to grips with it nice and easy. Once you’re in, you will find all the tools and features that you could ever want from M&A software at your fingertips.
The only drawback to DealRoom is that it lacks a drag and drop interface. Other than this, an esoteric approach to their search function is the only other mark against DealRoom.
IntraLinks is one of the oldest names in the M&A space and has developed a stellar reputation over the years. Their experience can be felt in the elegant user interface that makes solving even the most complex of issues that much easier. The focus of IntraLinks is on large-scale deals, so it might not be the ideal platform for everyone.
The main drawback of using IntraLinks is the high price tag. You definitely get what you pay for, but other providers are able to offer a similar level of service at a much lower cost. If the price of IntraLinks were to come down or you get the opportunity to snap up a discount, this is definitely an option worthy of consideration.
Since opening its doors in 2015, SourceScrub has gone on to become one of the most popular informational services platforms available for the financial services industry. SourceScrub was initially started in order to make the often impenetrable world of efficient deal analysis and organization much more accessible. Sourcescrub is among the easiest M&A software packages to pick up and learn and serves both new and experienced users equally well.
If you are looking for a way to more efficiently source investment opportunities and identify opportunities for mergers and acquisitions, SourceScrub has plenty to offer you. Their cloud-based platform and web browser extensions are both powerful tools for automating your search for investment opportunities.
M&A software automates the process of performing complex analytics and makes it easy to draw detailed conclusions from the available data. However, if you choose the wrong platform for your business then you might end up making things more difficult for yourself in the long run. Instead, make sure that you give this decision the time and consideration that it warrants. All of the options listed above have a proven track record for serving businesses and enabling them to identify opportunities automatically.