What is the Deal Team?
The Deal Team allows you to keep stock of the people associated with Deal processes both within your firm and externally. This could include members of your team who are managing the deal, intermediaries who sourced the deal and/or are advising on the deal, founders and executives from the target companies, industry experts and other advisors.
You can see the deal team from the “Deal Team” section on the bottom of any Deal page.
What is the difference between internal and external deal team members?
Internal Deal Team members are members of your firm who are associated with a specific Deal. You can see these by clicking into the ‘Internal” tab from the Deal Team section.
External Deal Team members (sometimes referred to as “Deal Contacts”) are any external parties that are associated with a deal process. You can see these by clicking into the ‘External” tab from the Deal Team section.
How can I add or remove members to the deal team?
Add an Internal Deal Team Member
To remove an internal Deal Team member, you’ll first need to click into the “Internal” tab in the “Deal Team” section on the Deal page. From here, click the “+“ icon in the top right of this section. Follow the prompts to enter the Team Member information, and then click “Save.”
To remove an internal Deal Team member, you’ll first need to click into the “Internal” tab in the “Deal Team” section on the Deal page. From here, click the “-“ icon in the top right of this section. You can then use the checkboxes on the left to select the Team Members you’d like to remove, and then click “Remove” at the top of the section.
Add an External Deal Team Member (Deal Contact)
To remove an external Deal Team member, you’ll first need to click into the “Internal” tab in the “Deal Team” section on the Deal page. From here, click the “+“ icon in the top right of this section. Follow the prompts to enter the Team Member information, and then click “Save.”
To remove an external Deal Team member, you’ll first need to click into the “Internal” tab in the “Deal Team” section on the Deal page. From here, click the “-“ icon in the top right of this section. You can then use the checkboxes on the left to select the Team Members you’d like to remove, and then click “Remove” at the top of the section.
Does Navatar suggest Deal Team members for me?
There are some cases where Navatar can pick up on contacts that should be on the Deal Team for certain deals. When you are entering notes for a meeting, and you have both a deal and any contacts tagged to the meeting, Navatar will suggest that you add those contacts to that deal.
Use the checkboxes on the right to select which contacts you’d like to tag to the deal, and then click the “add” button to add those contacts to the deal.
What if I want to add someone to the Deal Team that is a member of my firm, but does not have a Navatar account?
There may be times when you want to add an internal Team Member to a deal who does not have a Navatar account. However, the Internal Deal team section will only allow you to attach users that have a Navatar account.
Thus, any team members that do not have Navatar accounts will need to be entered in the external section. You can do this by setting up a firm in the system that represents your firm, and creating contacts attached to this firm for any team members that do not have Navatar accounts.
Though these team members will not show up in the “internal” section, you will still be able to report on the deals that they have been associated with via the external connection.
How can I see who knows a Deal Contact?
From the “external” tab of the Deal Team section on any deal page, you will be able to see all the external contacts that have been associated with this deal. If you click on the person icon to the left of the contact name, the system will show you all of the internal and external connections that this contact has had with other people in Navatar. This is a great place to see “who knows who” within your network.
How can I review recent interactions with a Deal Contact?
From the “external” tab of the Deal Team section on any deal page, you will be able to see all the external contacts that have been associated with this deal. On the right side of this section, you will see 3 columns that summarize the interactions attached to these contacts.
The first column shows you how many deals this contact has been on the deal team of in your system, the second shows you how many meetings in the system this contact has been on, and the third shows how many emails in the system this contact has been on. The records in this section are sorted by this column, and you can click on these numbers to view the interactions.
Can I add members to the deal team from mobile?
You can access, add and remove Deal Team members from any Deal in the mobile app.
Accessing the Deal Team
From any deal record in the Navatar mobile app, you can see the deal team from the “Deal Team” section. The “Internal” tab will show you all internal deal team members, and the “External” tab will show you all Deal Contacts.
Adding Deal Team Members (Internal)
To add internal users to the deal team, tap the “New Team Member” option from the navigation bar at the top of the page, search for the user you’d like to add, and then click “save.”
Adding Deal Contacts (External)
To add external contacts to the deal team, tap the “New Deal Contact” option from the navigation bar at the top of the page, search for the contact you’d like to add, and then click “save.”