NEW YORK, April 22, 2010 (GLOBE NEWSWIRE) -- Navatar Group, a global salesforce.com partner and Value Added Reseller (VAR), today announced that River Cities Capital Funds, a leading Venture Fund, selected Navatar's Private Equity CRM over Netage Dynamo Private Equity Edition.
Navatar's Private Equity CRM is built and runs entirely in salesforce.com's cloud and is available for a low monthly fee. It's flexible reporting engine can easily be used by non-technical staff to generate reports. Navatar Group also provides all implementation services, accounts/contacts migration, training, maintenance and email support free of charge.
"All other things being more or less equal, Navatar Private Equity mitigates risk since our data will sit in salesforce.com's cloud, as opposed to some local provider's," said Robert Heimann, Principal, River Cities Capital Funds.
Navatar Private Equity CRM enables private equity firms to:
- Manage fund lifecycle
- Identify potential investors for a fund
- Track investor commitments
- Manage commitment transfers
- Manage co-investments
- Track side letters and limited partner agreements
- Identify correspondence for each fund
- Track deal flow / deals in the pipeline
- Track portfolio company performance
- Manage Capital Calls and Distributions
- Stay connected anywhere – BlackBerry, iPhone, PDA
- Fully integrated with Microsoft Outlook
"Cloud Computing has arrived for Private Equity. Now you can start using the state of the art CRM for one small monthly fee - no capital expenditure, no implementation costs, free upgrades and zero maintenance costs," said Alok Misra, Principal, Navatar Group.
Navatar Private Equity CRM solutions run on most editions of salesforce.com's service, benefiting from its industry-leading performance and availability, global scale, multi-tenancy and security. There is no other software, hardware, subscription or services needed. All code as well as client data is encrypted and stored on salesforce.com servers.
Live Demo
For a live demo of Navatar Private Equity CRM, contact 212 461 2140 X392 or sales@navatargroup.com. To view a recorded demo, visit:
http://sites.force.com/appexchange/apex/listingDetail?listingId=a0N300000016b7MEAQ
About Navatar Group
Navatar Group (http://www.navatargroup.com), a premier salesforce.com partner and reseller, is a global firm providing Cloud Computing services and products. One of the first to bring Wall Street experience to Cloud Computing, Navatar Group is a leading provider of Force.com solutions for the financial sector. Navatar's financial cloud solutions are used by firms such as Transparent Value, (a Guggenheim Partners company), MidOcean Partners and Alchemy Partners. Founded by veterans of Deloitte Consulting, Navatar Group has also enabled several large companies to develop, market and support commercial Cloud products. Navatar Group is headquartered on Wall Street, New York with offices in Washington DC, London and New Delhi, India.
The Navatar Group logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6585