Following strong adoption across the organization due to ease of use and a clean user interface, Dealpath’s pipeline tracking, standardized workflows, reporting and dashboards have become deeply embedded in Blackstone’s day-to-day deal and portfolio management activities, from analysts to senior management.
“Dealpath is the hub where all of our deals live at both the beginning and end of the funnel,” Danielle said. “This continuity enables our deal teams to analyze the full asset lifecycle with reliable information, together with asset-level relationships.”
Managing deals in Dealpath has enabled Blackstone Real Estate to automate some processes and streamline others, reducing manual data entry. With fewer data request emails to answer, deal teams now have the bandwidth to review more deals and analyze opportunities under a closer lens.
Dealpath has helped Blackstone Real Estate accomplish three crucial objectives:
- Creating a single source of truth for pipeline and portfolio metrics: Centralizing critical mass in Dealpath has created unmatched visibility. Stakeholders can find real-time answers about pipeline or historical deals, either in aggregate or based on granular filters.
- Seamless, cross-team reporting and real-time dashboards: Dealpath keeps stakeholders informed about pipeline, progress and performance via automated reports, which are uniquely tailored based on roles. The team can now pull highly specific reports on the fly.
- Ad-Hoc Configurability: As Blackstone Real Estate’s business needs evolve, the Technology team is equipped to nimbly adapt the platform to new business goals and market conditions. From modifying workflows by adding new approvals, to making real-time edits to routinely disseminated financing, disposition and fund management reports, to requiring new ESG data fields, Dealpath’s admin tools make this an easily scalable process.
“Blackstone’s investment platforms are continuously evolving, which means it’s absolutely essential to have a platform that our global team can trust to find real-time information,” Danielle shared. “As our command center, Dealpath helps us deploy millions in capital on a global scale.”