How to approve a new deal?

How to approve a new deal?

Notes
It is possible to personalize navigation menus within Mindmatrix software. If you are unable to navigate to the correct page, contact your platform administrator.
In order to approve a deal, please go to Manage > Deal Registration Approval.



Select the "Request for Approval" folder on the left side.

It will give you the list of the deals that have been generated by the users and you can click on "Approve" to approve the deal or click "Reject" to reject the deal.


You can view the list of the approved deals and the rejected deals from the respective folder.


Deal Registration Approval

An administrator will receive a notification email to approve the deal registered.


Hover the “Manage” tab and then click on “Deal Registration Approval”.



The Administrator clicks on “Approve” to approve a registered deal.


You will get a notification email once the deal is accepted by the administrator.

You can confirm the approval in the “Approved Deals” section.



Info
A new enhancement has been introduced on the Deal Approval page to help identify and manage similar requests based on company domain matching, providing better conflict resolution and approval visibility.


How It Works:

  • When different partners register deals using the same company domain, the system automatically detects them as potential duplicates using advanced domain matching algorithms

  • On the Deal Approval grid, Admins or Channel Managers can click on the Similar Requests option to access comparison tools

  • The system displays all similar requests submitted by other users for comprehensive review and side-by-side comparison

  • Domain matching includes variations and subdomains to ensure comprehensive duplicate detection


Benefits:

  • Conflict Prevention: Proactively identify overlapping deal registrations before approval to prevent partner disputes

  • Improved Visibility: Gain clear, consolidated view of all requests targeting the same company domain

  • Better Decision Making: Access detailed comparison data to make informed approval decisions based on complete information

  • Audit Trail: Maintain complete record of similar requests for compliance and reporting purposes


Use Cases:

  • Duplicate Prevention: Prevent multiple partners from claiming the same opportunity, protecting partner relationships

  • Territory Management: Efficiently resolve conflicts when multiple partners target the same company or domain

  • Approval Efficiency: Streamline the review process for potentially conflicting deals with centralized comparison tools

  • Strategic Planning: Analyze market overlap and partner targeting patterns for better territory planning


Administrative Features:

  • Real-Time Detection: Similar requests are identified immediately upon deal submission

  • Detailed Comparison: View request details, submission dates, and partner information side-by-side

  • Decision Documentation: Record approval decisions and reasoning for future reference


Conclusion:

The Similar Requests detection feature significantly enhances deal approval processes by providing proactive conflict identification and comprehensive comparison tools. This enhancement helps organizations maintain partner relationships, prevent disputes, and make more informed approval decisions while ensuring fair opportunity distribution across their partner network.


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