What is 'deal management' in SAP CRM-BTX - Business Transactions?

deal management - Overview

• Component: CRM-BTX

• Component Name: Business Transactions

• Description: A process that sales professionals use to effectively negotiate deals. It enables them to simulate scenarios to select the most profitable deals, optimize prices which results in increased margins, and monitor approvals for prices and deals to ensure compliance with pricing policies.

deal management - Details

• 
  Key Concepts: 
  Deal management is a component of the SAP CRM-BTX Business Transactions module. It is used to manage and track deals, such as sales opportunities, quotes, and orders. It allows users to create and manage deals, track their progress, and analyze their performance. 
  
  How to use it: 
  Deal management can be used to create and manage deals, such as sales opportunities, quotes, and orders. It allows users to track the progress of each deal and analyze its performance. Users can also use it to set up alerts for when a deal is nearing completion or has been completed. 
  
  Tips & Tricks: 
  When creating a deal in deal management, it is important to provide as much detail as possible. This will help ensure that all relevant information is tracked and that the deal can be managed effectively. Additionally, it is important to set up alerts for when a deal is nearing completion or has been completed so that users can stay on top of their deals. 
  
  Related Information: 
  For more information on deal management in SAP CRM-BTX Business Transactions, please refer to the SAP Help Portal or contact your local SAP representative.