Navatar's (News - Alert) M&A Cloud has been selected by PharmaVentures, a specialist advisory firm and a world leader in deals and alliances, to manage their due diligence process and monitor deal progress.
Functionality and workflows that investment bankers and M&A professionals need out of the box are provided by Navatar's M&A. Navatar's M&A runs entirely in salesforce.com's cloud and is available for a low monthly fee.
In order to generate reports, the flexible reporting engine of Navatar’s M&A can be easily used by non-technical staff. A demo of the same is available at: http://sites.force.com/appexchange/apex/listingDetail?listingId=a0N300000016cOpEAI
All implementation services, accounts/contacts migration, training, maintenance and email support free of charge are provided by Navatar Group.
The firms, through Navatar M&A are enabled to:
--Track buy side and sell side clients and potential clients
--Define criteria for target acquisitions / potential divestitures
--Track due diligence for each company being evaluated
--Track external advisors involved in each deal
--Provide users ability to perform multiple reviews
--Monitor evaluation / deal progress
--Stay connected anywhere – BlackBerry (News - Alert), iPhone, PDA Fully integrate with MS Outlook and MS Exchange
"Cloud Computing has arrived for M&A. Investment banks and M&A firms can now start using a pre-built solution for their CRM and operations for one small monthly fee - no capital expenditure, no implementation costs, free upgrades and zero maintenance costs," said Alok Misra, principal, Navatar Group, in a press release.
Navatar M&A, runs on most editions of Salesforce.com's (News - Alert) service. 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.
In related news, Aurobindo Sarkar, former director, Technology Integration, Deloitte (News - Alert), has been appointed as vice president at Navatar's Cloud Computing Excellence Center in NOIDA, India.
Deepika Mala is a contributing editor for TMCnet. To read more of her articles, please visit her columnist page.Edited by Juliana Kenny