How to Add Contract Value in Streak: A Guide to Maximizing Your Business Potential
Streak is a powerful CRM (Customer Relationship Management) tool designed to streamline your business processes and help you achieve your goals more efficiently. One of its key features is the ability to add contract value, which allows you to track the financial potential of each customer or client within the system. In this article, we will explore the steps to add contract value in Streak and share some valuable FAQs related to this feature.
**How to Add Contract Value in Streak?**
Adding contract value in Streak is a simple process that can be done in just a few clicks. Here are the steps to follow:
1. Log in to your Streak account and select the pipeline where you want to add the contract value.
2. Click on the “More Options” button (represented by three vertical dots) located at the top right corner of the pipeline view.
3. From the drop-down menu, click on “Edit Pipeline.”
4. In the pipeline editor, click on the stage where you want to add the contract value.
5. On the right-hand side panel, you will see an option called “Fields.” Click on the “+” icon next to it.
6. A list of available field types will appear. Select “Currency” from the list.
7. Enter a name for the field, such as “Contract Value,” and click “Save Field.”
8. The currency field will now be added to the selected stage.
9. To update the contract value for each deal, click on the respective deal and input the value in the newly created field.
10. Save your changes, and the contract value will be reflected in your Streak pipeline.
With the contract value feature enabled in Streak, you have a comprehensive overview of the financial potential of each deal, allowing you to make more informed decisions and prioritize your business activities accordingly.
FAQs Related to Adding Contract Value in Streak:
1. Can I add multiple contract values for a single deal?
No, Streak’s contract value feature allows you to add a single contract value per deal.
2. Is it possible to customize the currency used for contract values?
Yes, you can select the desired currency when adding or editing the contract value field in Streak.
3. Can I view the total contract value across multiple stages or pipelines?
Unfortunately, Streak currently doesn’t provide a built-in feature to display the cumulative contract value across multiple stages or pipelines. However, you can manually calculate the total value by aggregating the contract values from each stage or pipeline.
4. What happens to the contract value if a deal is moved to a different stage?
The contract value remains unchanged when a deal is moved to a different stage. You need to manually update the contract value if it changes during the deal progression.
5. Can I export the contract value data from Streak?
Yes, Streak allows you to export your data, including the contract value field, in CSV format.
6. How can I sort my deals based on contract value?
To sort your deals based on contract value, go to the pipeline view, and click on the “Sort By” button located at the top right corner. From the drop-down menu, select the contract value field, and choose either ascending or descending order.
7. Is there a way to set reminders based on the contract value?
Streak doesn’t have a native feature to set reminders based on the contract value. However, you can use Streak’s other features like deadline reminders or email tracking to stay on top of important deals.
8. Can I track the payment status of each deal?
While Streak doesn’t have a dedicated payment status field, you can create a custom dropdown field to track the payment status of each deal and customize it according to your needs (e.g., “Paid,” “Pending,” “Overdue,” etc.)
9. How can I filter my deals based on contract value?
To filter your deals based on contract value, click on the “Filter” button located at the top right corner of the pipeline view, and select the desired contract value range.
10. Is it possible to add contract value for non-sales deals, like partnerships or collaborations?
Certainly! Streak’s contract value feature can be used to add the financial value for any type of deal, not just sales-related opportunities.
11. Can I add contract value for existing deals, or is it applicable only to new deals?
You can add or update the contract value for both existing and new deals in Streak. Simply edit the respective deal and input the contract value in the designated field.
12. Can I hide the contract value field from certain users?
Yes, Streak offers user-level permissions that allow you to control who can view or edit the contract value field. You can restrict access to specific team members based on their roles or responsibilities.
In conclusion, adding contract value in Streak is a valuable tool for businesses to track their financial potential and make informed decisions. By following the simple steps mentioned above and exploring the related FAQs, you can leverage this feature to maximize your business potential and drive growth.