ProTracker pulls cloud-based CRM back into beta

ProTracker pulls cloud-based CRM back into beta
It probably won't be available for sale for another year.
JUL 14, 2014
Eight months after announcing the launch of a cloud-based customer relationship management product for advisers, ProTracker Software Inc. has stopped selling its ProTracker Cloud CRM while the company fixes some kinks in the product. Financial adviser Steve Acerra who owns Acerra & Assocates in Boston, said he got an error message last week when he tried to sign up for a free trial of Protracker Cloud on the ProTracker Software website. ProTracker Cloud has moved back into beta testing, according to Protracker Software president Warren Mackensen, who said he withdrew the cloud-based product from sale in March because he was not satisfied with its look and feel, and because of customer feedback. The product was first offered for sale in November 2013. “It needed more development,” Mr. Mackensen said. “We had a short beta, some people adopted it and made some comments, and we pulled it back into beta.” The cloud-based CRM isn't likely to come out of beta for another year, he added, noting that his company of just six employees wants to create a high-quality, web-based user experience. “You don't want to put out a version that is stripped down so that it is basically a Rolodex,” Mr. Mackensen said. “The feature set needs to be fairly complete, and the ease of navigation needs to be well tested.” The company is recommending that advisers who want a mobile CRM use ProTracker Office, a version that is hosted remotely on a secure server that offers the same features as the 14-year-old desktop version, which has approximately 800 users. ProTracker is continuing to use the open-source SugarCRM as its launch pad, Mr. Mackensen said. Mr. Acerra said he was drawn to the product's low prices, which are listed online at $59 per user per month for a standard edition and $99 for a professional version. “Warren Mackensen is a ray of hope in this jungle of corporate interests that increasingly dominate and eat up all of the little technology companies. I would love to buy his product,” Mr. Acerra said.

Latest News

Maryland bars advisor over charging excessive fees to clients
Maryland bars advisor over charging excessive fees to clients

Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.

Wave of SEC appointments signals regulatory shift with implications for financial advisors
Wave of SEC appointments signals regulatory shift with implications for financial advisors

Reshuffle provides strong indication of where the regulator's priorities now lie.

US insurers want to take a larger slice of the retirement market through the RIA channel
US insurers want to take a larger slice of the retirement market through the RIA channel

Goldman Sachs Asset Management report reveals sharpened focus on annuities.

Why DA Davidson's wealth vice chairman still follows his dad's investment advice
Why DA Davidson's wealth vice chairman still follows his dad's investment advice

Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.

401(k) participants seek advice, but few turn to financial advisors
401(k) participants seek advice, but few turn to financial advisors

Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave