target audience: TECH BUYER Publication date: Apr 2023 - Document type: IDC PlanScape - Doc Document number: # US50489323
IDC PlanScape: Digital Deal Management Platforms to Improve Efficiency
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Abstract
This IDC PlanScape provides a framework for how dealmakers and service providers can embrace virtual hubs to drive efficiency and improve resiliency. It includes use cases and examines success factors for stakeholders wanting to adopt modern technologies to transform their dealmaking.
"The capacity for deal teams to systematically prioritize and streamline their activities by utilizing digital collaboration tools provides both superior outcomes and a basis for continuous improvement," says Thomas Shuster, research director, IDC Financial Insights. "Investment and commitment around the deal table in modern digital deal management platforms have the potential to not only elevate the industry's professional processes standards but also generate shared value from a reduction in administerial burden."