New Releases

Check back monthly to stay up-to-date on product updates and new releases.

2024

New Releases now live here: https://releases.termsheet.com/

 

June 2024

Deals

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Log Engagements from the Contacts Tab within Deals 

Use the "Actions" menu to Log an Engagement to a Contact from within a Deal. Access the deal, then navigate to the contacts tab. When you log the engagement, be sure to note the deal name as there is not currently a way to associate the Engagement with the deal (only the contact).

• Log Engagement from the Contacts Tab in Deals

 

New Roles Panel in Deals / Tasks Roles Panel for Deal Layouts

Give teams an at-a-glance view of critical team members in charge of helping to move the deal forward. Add a Roles panel to Deal Layouts as a way of highlighting the internal team members who play an active part in the deal. These can be Analysts, Legal Team, Deal Owners, IC members, and more. 

(To get Roles to populate in the Roles panel, first add Task Roles)

Improvements to Compsets

Dynamic Compsets allow users to essentially create comp filter templates that can be accessed within any project in the workspace.  Set distance and/or deal field filters then select Save and the filters will be saved to that Compset. 
Static Comps allow users to create deal specific comps that do not apply to other deals. Read more about examples of static and dynamic compsets to learn more.

• Add or Edit Compsets in Deal Insights

 

Tasks

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Link Status, Start and Due Dates, and Completion Date in Tasks

Have tasks that live in separate task lists but should inherit data from another task? Use the new Link Tasks feature to copy the start date/due date/status/completion date from one task to another. 

• Link Status, Start/Due Dates, and Completion from another Task

Reports

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Deal Reporting - Added Ability to Group Data

Select an option from a list of Deal Level Fields to group report data and create subtotaled groupings. Groupings can be set to SUM or AVG data. Select the folder icon at the bottom of any Deal Report in Report Builder to get started. 

 

May 2024

Settings / General

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Change Field Types 

This release will allow for fields that were created with an incorrect field type to be corrected by the user instead of having to submit a ticket to support. Sometimes, a user may create a custom field, select a field type, and save before they realize that they selected an incorrect field type. This release allows users to change the field type on a custom field if the field does not have any values associated with it.

There are some limitations to the new field type that can be selected. If the field type is greyed out in the dropdown, please submit a support ticket to have this custom field resolved.

New Release Notifications

There is a new notification setting that when enabled, subscribes the user to TermSheet new release emails.

New "User Management" Group

In Settings, Users, Permissions, and Task Roles have been grouped together under "User Management". Task Roles has been renamed to "Roles".

Deals

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View Custom Object data in Deal Layouts

Related Table Panels in Deal Layouts allow users to surface associated data within the layout. Now, custom objects are available in the Related Tables Panel dropdown, allowing workspace admins to create deal layouts that contain a snapshot of custom object data.

Time Series Aggregations

On Time Series tables in Deal Insights, users can now manually toggle individual metric aggregations to either SUM or AVG.

Save Changes 

Deal Form Panels now require users to "Save Changes". This update will improve the speed and performance of the platform and help users avoid erroneous/accidental changes to form fields.

Contacts Tab Actions

Access the "Actions" menu icon to log an engagement from within a Deal Contacts Tab.

Tasks

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Predecessor Links

The predecessors badge in Task details now act as a link to the predecessor task. Selecting the badge will redirect the user to the predecessor task details. 

Reports

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Report Builder Search Bar

Quickly navigate to the report you're looking for by using keyword search in the new search bar.

Report Builder on MORE!

Report on Property or Contact level data within the Report Builder by selecting "Contacts" or "Properties" as the object. 

Time Series Report - Export to Excel

Time Series Reports can now be exported as an .xls file instead of a .csv to maintain the formatting of data during export.

New Default Views in Report Builder

Two new default views have been added to Report Builder

Created By Me will consolidate reports created by the user into a single view.

Favorites reports by selecting the star icon. Then view a list of favorite reports in the Favorites view.

April 2024

 

Settings / General

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PowerPoint DocMerge

DocMerge now supports TermSheet data into PowerPoint slides. Learn more about setup here: 

Map a PowerPoint for DocMerge

Mobile App

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Engagements on Mobile

Log Engagements from any iOS mobile device

Log an Engagement from Mobile

Deals

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Add or Remove Fields from the Offer Panel 

Users can now add custom fields or remove unused fields within the Offers Panel to capture the data points that matter most. Offer Panels are deal layout-specific. This means that if an offer panel is edited in one deal, the changes will apply to all deals with that same layout applied. 

• Add or Remove Custom Fields from Offer Panel

Add Offer Fields to Deal Views

Offer Price and Offer Sent are fields from the Offer Panel that are now available to be added as columns in any Deal View.

Resize the Locations Panel in Custom Deal Subtabs

The map area on the Locations Panel in Deal Layouts was previously limited to a smaller rectangle shape. Now, when a Locations Panel is added to Custom Deal Subtabs in a Deal Layout, the panel can be resized and the map will grow to fill the space by default.

 

Tasks

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Task Performance

We have taken steps to enhance the processing of tasks on the backend of the platform which improves the performance and speed of this tool. 

Enable/Disable Custom Fields on Tasks

Previously, custom fields that were created for Tasks would appear on every task. Now, users can turn on or turn off any custom field within a task item. 

• Add or Remove Custom Fields from Tasks

 

March 2024

Settings/General

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Layout Manager

A new Layout Manager option in Settings will track versions of Layouts across the platform and allow admins to revert to a previous layout if necessary.

Filter Interface Updates

A new filter component was rolled out to custom objects in order to provide a better user experience and open the door for future developments including cross object filtering. While cross object filtering is not yet available, users will start to see new filter components across TermSheet views. 

Note that with the new filters, the keyword search bar has been removed. Keyword searches can still be performed by setting the filter criteria to "[Field] Contains [Keyword]" to search specific terms within a view. 

 

Deals

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Added a "Apply Changes" button to Related Objects Tables

Related Objects Tables pull data from other objects into a deal table panel so that data can be viewed or entered easily and quickly. Previously, every time a datapoint was changed, it was saved individually. To help make the tables more reactive and quicker to use, a "Apply Changes" button was added so data can be entered all at once, and saved in one click. 

 

Upload a PDF to the Deal Gallery

The gallery panel now accepts .pdf file types so that PDF documents can easily be added to gallery panels. This is especially useful for development teams who wish to upload a site plan.

Change Heading Color on Standard Panels (Layouts)

Previously, the heading color could only be controlled for new panels added to deal layouts (not the standard panels). Now all panels have the option to change the heading color. 

Hide SUM/AVG from Tables

Select the ⁝ icon on the panel to toggle SUM/AVG on or off. 

 

 

Tasks

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Filters for Sections and Key Dates

Filters in Tasks now consider Sections and Key Dates and return Sections/Key Date results that match the filter criteria set. Previously, filters only searched Task Items so this expands the possible filter options for Tasks. 

Comment/Checklist Indicator on Task List

A new icon has been added to the task list to indicate that a comment has been added to the task or that a task has checklist items included. 

Mobile (iOS) 

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* Currently TermSheet is only available on iOS devices.*

SSO for TermSheet Mobile.

New  capabilities on mobile allow teams to log in to the mobile app via SSO. 

• Log In to iOS Mobile TermSheet App
  

Share A Deal

The process to share a deal with existing contacts or generate a shareable link for contacts outside of TermSheet has been improved. 

•  Share a Deal from the Mobile App

 

Reports

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Refresh Report 

Reports should update dynamically, however at times, users could be viewing a cached version. To manually trigger a report update, select the refresh icon. 

Note that the Last Updated date currently only updates when the report data is changed, not when the refresh button is selected.

 

Show PDF Report Totals as SUM or AVG

A new dropdown in PDF Reports will allow users to select either Sum or Average across the report columns.

 

February 2024

Global Search Improvements

Global Search will now return the creation date year and status for deals to provide more context when searching for deals.

Settings

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UI Updates

Improvements to the user interface were released to Views in all modules. Users can expect to see additional UI changes roll out gradually in areas like dashboards and maps. 

Custom Field Description Text Displaying 

This release helps simplify the informative text that displays when a custom field has description text, default value text, or calculated code text. By default, only text entered into the Field Description will show. Text added to the Calculated Code/Default Value boxes will only show if there is no description text present.

Custom Objects

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Custom Objects in the CRM

Custom Objects can now be linked to Contacts and Companies, not just deals. Custom Objects that are associated with Contacts and/or Companies will be accessible via a new tab within the Contact or Company record.

Task Lists on Custom Objects

Task Lists can now be built within Custom Object records. For standardized task lists, create Task Templates in settings and associate them to the custom object to make them easily accessible and easily duplicated in custom object records. 

Comments panel in Custom Objects

Edit Custom Object Layouts from within any custom object record and add a comments panel as a place to capture internal notes.

Reports

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Time Series Report Format Updates

Updated the way currency fields are formatted on Time Series reports and enabled the ability to expand/collapse the report fields and filters to provide more real estate to view the report data and visualization. 

January 2024

Settings

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Audit Log Update

Previously, the audit log would show a list of the new values that were entered into any field. Now, there is a column to show both old values and new values to more accurately track the changes that occur on any field.

New Permissions added to Roles

Two new permissions have been added to provide control over the ability to edit the add contact and add company form within the CRM. Only users who are assigned the Admin role have been granted access to these permissions by default.

CRM

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Add Company Follow Up Tasks on Engagements 

Easily create a follow up task from any engagement created from the company record.

Follow Up On Engagements

 

Custom Fields in the CRM have moved!

Custom fields can now be found in the center pane of the contact/company record. This change allows teams to control the layout of the custom fields they are using within the CRM.

Add Properties from CRM Records

Use the + icon to add a new property to the workspace from any contact or company record.

Add Property from a Contact or a Company

Reports

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PDF Reports added "Past 15 Days" as a Filter Option

New filter option added to PDF reports. To access, select "Is" in the filter criteria operator.

Multiple Groupings in Time Series Reports

Create Time Series reports in the Report Builder module and use the folder icon to group by any custom field. This will allow teams to group by multiple fields instead of just one.

 

2023

December 2023

Settings

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Multi-Select 'Related-To' Fields 

Previously, fields that were using the field type "Related-To" created a 1:1 association. For example, if a deal field is created to relate a contact to a deal, users could only select one contact from the dropdown. 

A new checkbox will now allow admins to decide if the field should allow users to select multiple options from the related to dropdown. 

CRM

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Engagements goes live across TermSheet.

Engagements was released from BETA and is now available in all workspaces. For more information about using Engagements, review the support article, Log an Engagement. 

Reports

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Report Builder - Companies

'Company' is now an available object when creating reports. Report on any field from the company record.

New Visualization Option - Display Metric

Display a Count, Sum, or Average number in dashboards by creating a "Metric" visualization in the Report Builder. Qualitative metrics are not able to be displayed using this visualization at this time. 

Time Series Visualizations 

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November 2023

Settings

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New Deal Field Setting: Child Deals Inherits the Value

Selecting this child deal checkbox will mean that when there is a parent/child deal relationship and the field is enabled, the child deal's field will auto-populate, inheriting the value from the parent deal.

Global Search includes Company/Contact

Search for Company or Contact record names via global search. Currently this will only return record names, not associations.

Deals

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Comps Improvements

Users can build compsets from the Deal Insights tab. Recent releases include:

• New "Distance" Column displays the comps distance from the selected deal
• Updated PDF Export + Added a CSV Export
• Select a list of deals/properties to add to the comps. Unselected comps will be removed from the list. 
• "Show All Selected" checkbox which consolidates any selected comps on the first page

Learn more here: Add or Edit Compsets to Deal Insights

Group Time Series Charts by Time Period

For teams using Time Series, navigate to Analytics in Deal Insights to see how time series charts can now be grouped by day, month, quarter, year.

CRM

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Add Company/ Add Contact Upgrades

The Add Company / Add Contact experience has been upgraded and users will now access a form to add new companies or contacts to the CRM. Users with access to the CRM will also be able to edit the Add Company/ Add Contact forms.

Add a Deal or Portfolio from the CRM 

Added the ability to add a new deal or create a portfolio from a company or contact record.

Add a Deal from a Company or Contact

Properties

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Table Panel Options in Property Layouts

New option to add table panels to property layouts. Enter custom row and column headers then select any field to populate into the cells of the table.

Tasks

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Add Follow Up Tasks from Engagements

Create a task to follow up on outreach by simply selecting a checkbox and selecting the number of days. This follow up task feature is only available for engagements on contacts. 

Task Predecessors

New Predecessor functionality replaces the old "dependency" functionality, allowing users to specify duration (time it takes to complete an activity) lag (time between activities) and dependency type.

Add Predecessors

Custom Objects

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Custom Object Improvements

Releases in the Custom Objects module allow users more flexibility to use Custom Objects to solve problems outside of what's possible with TermSheet's native modules.  Key updates include:

• Saved Views
• Edit "Add Item" Form
• Layout Templates

 

October 2023

 

Settings

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Permissions - Roles Release

In TermSheet, each user must be assigned a Role. This Role is a collection of permissions that have been enabled or disabled to grant and restrict access to areas and actions within the workspace.

Now, each workspace will come with a set of default roles: “Admin, Standard, Limited, and Collaborator” that provide different levels of access. These Roles are not modifiable.

Keeping with the core value of customization, workspace admins will also be able to create custom roles for unique use cases and organizational needs.

In addition, an updated user experience will make managing roles simple and straightforward. 

• How will legacy roles be transitioned to Custom Roles
• Add or Edit Roles

"Related To" Field Options

A new ⁝ menu in "Related To" fields allows users to edit the values in the field or remove the value to a blank state.

Contacts / CRM

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CRM Upgrade

The Contacts tab has been upgraded to the “CRM” tab on the navigation menu. Keep an eye out for these upgrades that allow teams to have greater control over how they view key contacts and companies.

• Navigation Shortcuts
• Add a Contact or Company View
• Add Tags to Company Record
• View Contacts on Company Record

Engagements (BETA)

Keep a record of inbound and outbound activity by logging calls, meetings, and social medial connections in the workspace CRM.

• Log an Engagement

Properties

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Property Navigation Shortcuts

Use the arrows in the upper right hand corner of a property record to navigate to the previous or next property in the list.

Reporting

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Time Series Reporting

"Deal > Time Series" has been added as an object option in the Report Builder. Workspaces that have linked Time Series data in the deal level can now view aggregations of time series data across all deals via the report module. 

Before creating reports against time series data, Time Series must be enabled and the workspace must be linked to a time series model. 

• Report on Time Series Data

Download PDF Reports as a .csv

Use the "Download Report button to download a PDF Report as a PDF or as a .csv

September 2023

Settings

Roles Update - Coming Soon!

• New Default Roles: Admin, Standard, Limited, Collaborator - These are not modifiable. Permissions associated with new features will be rolled out to these automatically.

• Anything outside the Default Roles are considered Custom Roles: these are created by and managed by the workspace admins. Permissions associated with new features will be disabled by default for custom roles.

•  How will legacy roles will be transitioned?

• Workspace admins have been notified via email and in-app checklist of the change coming. Here are some quick videos to learn more about the upcoming release.

  •  Intro to Roles Update

  • Default Roles and Permissions

  • Managing Custom Roles

Deals

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Control Compset Columns

Use the new 👁️‍🗨️ icon within the Compsets table to add/remove columns by selecting the checkbox next to the field name. Drag the fields up or down on the list to re-order the columns in the table. 

Export the Compset 

Need to export the compset to manipulate or share the data? Use the download icons at the bottom of the compset table to download as Excel or PDF. 

Google Earth Link

Select the world icon to view a property outside of TermSheet, either via Google Maps, Parcel Data, or, new to TermSheet, via Google Earth.

 

"Add Deal" Form Updates

• Removed the "Add Property" field and replaced it with an Address field to reduce double entry. 
• Provided more in-app guidance to show whether the user is selecting from an existing property (from the Properties tab) or selecting a new property (searching Google Places).
• Added the ability to add/remove addresses by selecting the +/- icons to add multiple addresses to a deal in one step.
• Added a warning notice to reduce the chance of creating duplicate deals by mistake.

Learn more about using the new "Add Deal" form: Add a Deal.

Add a Time Series Panel to Deal Layouts

View time series charts and tables from the Deal Details tab. Having time series charts and tables in the Deal Layout make them more accessible and available to be exported into PDF.

• Add a Time Series Panel to Deal Layouts

Export a Deal Tab to PDF

Export any Deal Details subtab as a PDF as needed to share a point in time record of deal data. 

• Export a Layout tab to PDF

Tasks

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Include Key Dates in Task Filters

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August 2023

Settings

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Introducing the Imports Tool

Check out the improved imports tool, now available to all workspaces. This tool simplifies bulk data entry, allowing admin users in a workspace to add new or update existing data in three simple steps. 

• Easy-to-use import wizard to walk users through each step in the process
• Quickly create custom fields on the fly, without navigating away from the import
• Download a blank import template in one click. 

Import Data to TermSheet

Deals

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New 'Next Task' Column for Deal Views

Use the 👁️‍🗨️ icon in deal views to enable a column called "Next Task" which will pull in the deal level task that has the nearest due date.

July 2023

Kanban Option Enabled & Optimized

Kanban view has been enabled on all accounts, upgraded and optimized for better performance. Use the dropdown to select a field to use as the columns of the Kanban.

View Offer Notes

The "Offers" panel will now display notes associated with any offer.

Contacts

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Add a Note to a Company

Companies now have a "Notes" section which brings together any note associated with any contact from the company. Add a note from the company details page and view any note that has a company contact associated.

• Add Note to Company

 

Tasks

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Subtask Notifications

Users and Task Collaborators who have been assigned as a Task Assignee or a Task Follower will receive notifications when a subtask has been added to a task.

Learn more about when notifications are triggered in a new support article:

• Change Notification Settings

Filter Aggregated Task Lists by Deal or Property

"Deal" and "Property" have been added to the dropdown of filter criteria in Aggregated Tasks.

Reports & Dashboards

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Totals Row in PDF Reports

Downloaded PDF Reports will now show a "Totals" row which automatically sums any currency, decimal, number, or percent contained in the column.

June 2023

Improved Global Search

Global Search now displays more information below the title to show where searched keywords appear within the results returned. Plus, a new "created at" date and time provides an additional detail for users. Global search results will be sorted so that keywords that exist in titles are listed first in the lists.

Deals

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New Permissions for "Group By" in Deal Views

Users must now have the permission shown in the screenshot below enabled to use the Group by feature in Deal Views. If the user does not have the permission enabled, the "Group By" dropdown will be hidden from view.

• Change the "Group By" Dropdown in Deals

Upload Multiple Photos in Gallery

Users can now multi-select from the file browser to upload multiple photos in one go!

Tasks

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Add Task Collaborators to Global Task Lists

Add users with limited permissions to view private Global Task Lists that they have been added to.

• Add Task Collaborators to Global Task Lists

New Saved Views in Aggregated Tasks!

The account level Aggregated Task list consolidates all of the deal level tasks into one space. The tasks can now be grouped and filtered, then saved as a view to reference later.

• Add Aggregated Task Views

Configure Aggregated Task Columns

New to Aggregated Tasks on the account level, use the eye icon to control which columns are displaying.

• Manage Task List Columns

 

Reports & Dashboards

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Edit Visualizations

No need to start over! Visualizations (Charts) in Report Builder can now be edited.

Settings

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Field Used In

Know where custom fields are used throughout the workspace! Select Edit on any custom field, then find the "Used In" tab to see where the field is currently in use.

May 2023

Tasks

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Task Roles

Task Roles act as placeholders for assignees on Task Templates.

• Add Task Roles

Filter Tasks by Followers

Select Followers from the Task Filters to show a list of tasks followed by selected users.

Contacts

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New Filters Available in Contacts

Filter contacts by any of the contact fields by selecting the dropdown in the Search Bar. Currently, only contacts may be filtered. Filtering by last updated is a great way to ensure the contact directory is kept up to date!

Maps

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Deal Views on Maps

Use the dropdown to select a Static View or Dynamic View and show deals from that view on the map.

Reports

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Refresh Visualizations

Refresh visualizations without having to recreate them in the Reports Tab.

Group by "Teams"

"Teams" has now been added as an option within Visualizations as a field that users can "group by" allowing users to view deals grouped by team ownership.

• Add a Team

PDF Reports

PDF Reports can now be accessed from BOTH the Deal Views (as always) and the Reports Tab (new!)

Include Child Deals in PDF Reports

Use the new checkbox in PDF reports to include child deals in PDF reports!

Deals

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New Deal Emails

If additional fields have been added to the "Add New Deal" form in TermSheet, the information entered into those fields when a new deal is created will now populate in the new deal emails that auto-send. Below is a sample of what the email will look like with additional fields added.

New Tables!

There are now two types of tables that can be added as panels to Deal Layouts. 

1. Tables (Legacy) are intended for accounts that have deals nested into Portfolios. This type of table provides options for viewing individual deal/property data on a portfolio/deal level.

2. Tables grant users greater flexibility to map existing fields to cells on a table. Rows and Columns titles can be added manually by simply typing into that space, then existing fields can be selected to fill each of the cells of the table.

   Add a Table Panel to a Deal Layout

"Group by" Anything in Deals!

Use the dropdown at the bottom of Deal Views to group deals by ANY field!

Merge Deals into a Portfolio

Select more than one deal to merge it into a portfolio! First, select the deals using the checkboxes from the Deal List View. Then, "Update Selected" and "Merge into Portfolio".

• Manage deals in a Portfolio

April 2023

Deals

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Group Views

Static Views and Dynamic Views can be added to View Groups to help organize views in the sidebar of the Deals tab.

• Add or Rename a View Group in Deal Tab

Kanban View Update

When viewing the deals in the Kanban board, it is now possible to use the dropdown at the bottom of the screen to change the group-by setting.

Gallery Panel

The gallery panel now allows for images to be deleted from deals.

Contacts

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Import tags to Contacts

Imports are not yet customer facing, however a contact import template can be requested to import tags in bulk.

Tasks

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Activity Log in Tasks

View a list of actions taken on the Task.

Task Notifications

New task notifications settings have been added within the user profile to allow users greater control over what notifications they are receiving. To access, select the profile icon in the upper right corner.

• Change Notifications Settings

Reports

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Reports on Custom Objects

Reporting is now available for custom objects that have been created in the account. The custom object will appear in the object type dropdown when creating the report.

March 2023

Improved Custom Objects

Report on and/or locate information quickly and simply within Custom Objects. Custom Objects are now available in the "+New Report" object dropdown. Additionally, new search and filter capabilities are available within Custom Object tab.

Tasks

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Task Templates Configuration Update

Task Template setup has moved! Instead of setting up templates within the Deal Level Task tab, admins who have access to account settings can now manage Task Templates from one centralized location in the the account settings. Users can still update templates in both the Deal Level Task tab or the account settings.

• Add a Task Template

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