Deal registration software is a computer program that helps companies and their partners, like resellers, sell products. It's often part of a bigger system called Partner Relationship Management (PRM).
Imagine you want to sell a cool new gadget. Instead of selling it yourself, you team up with other people or businesses to help you reach more customers. Deal registration software lets these partners tell you, the parent company, about a potential customer they found. This way, everyone knows who is working on what sale, which stops partners from competing against each other for the same customer.
The software makes sure partners get credit and rewards for their hard work. It brings order and clarity to selling through partners, helping everyone work together better. Without it, selling through partners can get messy with arguments and lost sales.