Veritage Group, a prominent private placement firm, has opted for Navatar Placement Agent CRM to manage their fundraising process.

"Navatar's (News - Alert) service has far exceeded my expectations. The personal service I have received has been amazing," said Jane Morris, Managing Director, Veritage Group.

Out-of-the-box functionality and workflows essential for placement agent firms is provided by Navatar's Placement Agent CRM. Running entirely in salesforce.com's cloud, it is available for a low monthly fee. The flexible reporting engine of Navatar's Placement Agent CRM can be easily used by non-technical staff to generate reports.

All implementation services, accounts/contacts migration, training, maintenance and support are provided by Navatar Group free of charge.

The firms, with the help of Navatar Placement Agent CRM are enabled to:

--Manage prospective clients

--Perform capital raise for Fund Manager / GPs

--Track the entire fundraising process

--Quickly and easily generate client reports and client metrics

--Track CRM activity including calls, meetings and emails

"Placement Agents can now get a pre-built solution to manage their fundraising and client activity, for one small monthly fee - no capital expenditure, no implementation costs, free upgrades and zero maintenance costs," said Ketan Khandkar, Principal, Navatar Group, in a press release.

Running on most editions of salesforce.com's service, Navatar Placement Agent CRM requires no other software, hardware, subscription or services. All code as well as client data is encrypted and stored on salesforce.com servers.

Navatar Group is a global cloud service provider and a top ISV partner and value-added reseller of salesforce.com. The company is one of the first to bring Wall Street experience to Cloud Computing.

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.