For venture funds, angel groups, and private equity firms, a robust deal flow is their ticket to the big leagues–the hottest clubs in town teeming with unicorn startups that could generate huge returns. To manage a deal stream successfully, you need to make use of the right tools, from research to sourcing, due diligence, portfolio company support, and even new fundraising.

You can streamline your processes using the most effective deal-management software. It virtual storage streamlining financial data analysis will also improve collaboration within your business. The best platform will provide you with the one source for the truth and transparency of investment opportunities. This allows you to improve deal pipeline management and boost fund performance.

The first step to establishing a robust deal flow is sourcing and analyzing the best opportunity to reach your investing goals. To do that you require a system that can help you identify and comprehend the startup landscape and what makes each startup distinctive.

Once you’ve identified an opportunity that meets your requirements the next step is bringing it to the attention of the investment team. This means meeting with entrepreneurs, completing due diligence before making the decision to invest.

If you’re at the beginning stages of evaluating an investment or you’re in the middle of due diligence, the right deal flow management software allows you to keep all stakeholders informed with real-time status updates and comprehensive reporting. It also gives you the ability to adjust the tool to match your investment strategy and features that let you take notes and share insights across the team.