Backstop Erfahrungen

Backstop Review

Kommentare: The wide range of functionality is a good solution for various needs across different departments.

Vorteile:

This a good data aggregator for client information, history and data. The functionality servers a lot of different uses.

Nachteile:

The ease of use and custom reporting is not intuitive and locating specific charts and data sets can sometimes be difficult.

Backstop Review of Investor Relations module

Kommentare: Overall, great saas software with flexibility for users and management

Vorteile:

Very easy to use product and transition from legacy applications has been quite easy for all our Advisors and Admins. Their training program and help tools are excellent.Very customizable product

Nachteile:

While APIs are for all out of box data integration, it can be better exposed with custom data fields specific to each client

In Betracht gezogene Alternativen: Salesforce Sales Cloud

Warum Backstop gewählt wurde: For better infrastructure, Easy of usage. Better functionality.

Gründe für den Wechsel zu Backstop: For better cost, infrastructure, Easy of usage. Better functionality

Mostly for reporting, needs improvement on analysis

Kommentare: Experience is overall positive, although the company does have serious issues that it needs to address to compete with other investment analysis softwares that exist. Interface / plugins need work.

Vorteile:

Strong in terms of accounting and tracking capeabilities

Nachteile:

Interface is dated and it is not very strong on the investment analysis side. Comparability / plugins in excel often cause issues

Backstop Review

Vorteile:

Valuable calculations and contact management

Nachteile:

Lack of flexibility in the UI. Limited integration between contact data and account data.

In Betracht gezogene Alternativen: Dynamo Software und Salesforce Platform

Gründe für den Wechsel zu Backstop: Initially we choose Backstop over other products because it also had an investor portal capability. In the end we did not implement the investor portal due to limitations on UI and data.

Happy user

Vorteile:

Website features and having all clients related files in one spot.

Nachteile:

Support and the outlook feature. Suggestions for improvements to the system are slow to implement or ignored or half fixed.

Ready-to-use CRM with sensible extensibility

Kommentare: A cloud-based CRM to centrally store business contacts, collaterals, qualitative and quantitative data and share amongst different departments. Combing Report Builder, Excel Toolkit and API allows end-users to self-serve business intelligence.

Vorteile:

Backstop hits the sweet spot between features and extensibility. Out of the box, the platform meets 70-80% of our business requirements. Our firm fortunately has the know-how to use API and Excel Toolkit (ETK) to cover the last mile. Most importantly, the product team listens to its customers and continually enhances the platform based on our input. You would unlikely get such feedback loops from the likes of Salesforce, Oracle or Microsoft.

Nachteile:

Compared to a CRM startup that has unlimited flexibility to innovate, Backstop may seem more mature and risk-averse. The UI/UX seems a little dated, and mobile-responsiveness and mobile app have room for improvements. The labeling of different data entry screens should be more standardized as well.

Quality Product in a World with Many Competitors

Kommentare: Great tool for investment team to track meetings/calls as well as manage our massive database of documents. The team has always been willing to help with initiatives we have in the system and overall, my organization views Backstop as a central hub for much of our investment management work.

Vorteile:

Clean look, high quality search capability, strong reporting tools to extract data, very good customer support, Backstop team is always looking for ways to improve the software, overall the best CRM/document storage/high level investment management tool on the market

Nachteile:

Still missing some vital Private Equity components, still lacking in cash management functionality, far behind in mobile app technology, would like to see more analytical capabilities rather than just high level investment information

Backstop Review

Kommentare: Backstop has been my preferred CRM at four different institutions I have worked at over the past 10 years. It is very intuitive and user-friendly. The sales/support team will work with you for any bespoke request and will help you customize the product to fit your firm and team's optimal needs.

Vorteile:

Backstop is extremely customizable and therefore can meet every clients' needs. The platform is very helpful for centralizing all existing and prospective client information.

Nachteile:

I am not an active user of the Investor Bridge but in demo, did not find that to be very good.

Backstop Review

Vorteile:

Easy to use software that is very customizable. We utilize a balanced combo of out of the box features along with unique layouts to track tasks that are more specific to us. Backstop's staff and support teams are great. They are always willing to go the extra mile to solve an issue.

Nachteile:

Reporting can be a little onerous with the sheer volume of reportable data. There is a learning curve and a little extra effort required to get the reporting to meet your needs.

Excellent CRM Platform!

Kommentare: Overall, I am very pleased with the platform. Our team has come to use it in-depth and daily!

Vorteile:

Backstop is a central hub for all of our relationships and reporting. The system is very easy to use, customizable, very robust, and the excel add-ins allow us to build sophisticated reports to match our daily needs and wants.

Nachteile:

While the platform overall is very customizable, there are certain aspects that aren't. For example, the opportunities section under the organization comes standard, and some of the information is irrelevant to use.

Backstop - CRM Review

Kommentare: I like Backstop and it's important for our team to function. I like the portal usage for our clients. We can maintain all our files/info on one system and publish it for client visibility.

Vorteile:

User friendly. easy to customize reports and fields. I like the formula functions on the reports. Pages also a +.

Nachteile:

The time it takes to run accounts reports and some limitations they have on not being able to customize their performance review sheet or their decks.

Backstop / InvestorBridge Review

Kommentare: My experience has been great thus far, the folks at Backstop have made the implementation process a breeze, they are always available for questions and assistance which is an invaluable part of being a Backstop client.

Vorteile:

Having a cloud based CRM with not only the functionality to store qualitative but also quantitative information is extremely helpful especially as a member of the investor relations team who is constantly servicing investors. Additionally, having the ability to have the CRM be the backdrop that feeds the investor portal is also great, having to only update one system saves time. The professional services team has been extremely helpful as we continue to implement new features.

Nachteile:

Like any software there are limitations however Backstop does a great job at taking feedback and creating new features from that.

Great CRM software

Kommentare: Satisfied. The software is developing rapidly to meet clients' needs.

Vorteile:

Designed for investment management companies. Reports and layouts are very customizable.

Nachteile:

The fund/account structure/logic is designed for U.S. clients mostly which are not all applicable for Canadian users.

In Betracht gezogene Alternativen: Salesforce Sales Cloud

Backstop - Functional, Collaborative, Efficient

Kommentare: We are solving an organizational need with the use of Backstop. Additionally, the platform offers analytical tools that would otherwise take a lot of hours to do manually. Lastly, the ability to log returns and other metrics we track is crucial to our process.

Vorteile:

Backstop's document management is my favorite feature. Not only can you properly organize documents coming from various places, but you can make them easily accessible to your entire team with ease.

Nachteile:

Backstop can be slow at times, lag and take some time to load.

Good software - lots of training required.

Vorteile:

The flexibility of the software is a great feature - the ability to customize reports and layouts to suit our business has proven very helpful.

Nachteile:

The flexibility of the software can also make things incredibly complicated and difficult to use at times. I'm the official 'power user' of the group - and have got to that position after attending conference, watching videos, and going to Backstop seminars. However - the rest of our group hasn't had the time or the mandate to do so, and it can be time-consuming for them to try to figure out some issues. I don't think that it's a very intuitive system to use at times (until you learn how it works), and that has presented some challenges.

Ovata

Kommentare: Helpful tool to streamline and organize work flow.

Vorteile:

Ease of use, functionality, app is well-designed.

Nachteile:

Plug-in to Outlook could be more seamless.

Backstop and Backstop Portal

Kommentare: Prior to using Portal we emailed all investor documents individually, now we disseminate documents to investors through Backstop Portal and use it as our website host. Backstop CRM is how we track opportunities, investors, send out emails and keep track of events. Having one system to do so many tasks makes life much easier.

Vorteile:

Simple, easy to use, can be customized to fit the needs of the organization. Support is outstanding. Definitely the best of the dozen CRM/portal systems I've used over a 20+ year career in Finance.

Nachteile:

Reporting is still a bit slow and cumbersome.

Small Hedge Fund uses Backstop

Kommentare: Great for tracking fundraising process. Simple and easy to use. We selected Backstop about a year ago after a very thorough search of all FinTec CRM Systems, including Dynamo, Imagineer and many others. Backstop was the clear winner.

Vorteile:

Excellent support on Setup. Easily able to import/create contacts, organizations and opportunities. Import/Export capabilities are good. Security options (2FA, SSO, IP locking) are excellent, and admin capabilities are very strong. Import meetings/notes from Outlook useful.

Nachteile:

Reporting is a bit cumbersome and slow. Customization is limited. Email integration created a huge headache, but was solved quickly. Outlook and Excel add-ins crash occasionally

Backstop Review

Kommentare: Backstop helps us successfully organize all of our investor information in a way that is easy for everyone to access. Looking up information about investors and their accounts is a quick process now.

Vorteile:

Backstop is intuitive and easy to use.

Nachteile:

The reporting features sometimes seem a little complicated.

I enjoy working with Backstop

Kommentare: Great experience

Vorteile:

Easy to use - I love the reporting feature and how easy it is to manage the products / investor info

Nachteile:

The least - maybe the contacts management, sometimes seems like it could be a little easier - like emails could be emails without requiring first and last name, and old contacts could be better marked as old vs. having to be renamed OLD

Single Family Office - Portfolio Management and Investor Reporting

Kommentare: I have been a user for almost 6 years now and I have been the software improved dramatically. They never stop innovating with the end user in mind.

Vorteile:

Analytical tools are great. The software is also very flexible and allows for individual customization of many items.

Nachteile:

The reporting engine is a bit outdated and the least user friendly part of the software. My understanding is they are working on a new reporting engine and we should see improvement soon.

Backstop Review

Kommentare: The customer service for Backstop is top notch. Everyone is eager to assist with questions or concerns. Their coffee break sessions are helpful tutorials to stay fresh on new features.

Vorteile:

This is an excellent software to track and monitor investor activity, communications, and account flows.

Nachteile:

Because the software is so customizable, it takes time to build some of the reports.

Backstop Streamlines Team Communication

Vorteile:

Backstop allows us to streamline our communication as allocators, with the ability to upload notes, files and documents in a systematic way.

Nachteile:

It is a very powerful piece of software; there is a lot Backstop is capable of that we aren't taking advantage of. It takes a lot of time to get the most use out of the software.

Always Improving

Kommentare: Great. Responsive and professional team that always seems to be working!

Vorteile:

The effort BS puts in to customize and update our version of the software to make sure it is as user-friendly as possible and always expanding for more use purposes.

Nachteile:

Updates seem to affect other components of the software that are not intended. When updates are made, it would be ideal that a little bubble pops up to say "this is new" to ensure the new options are utilized/made known.

Backstop Review - Outlook & Opportunities

Vorteile:

One of the best friendly user (UI/UX) interface in the space

Nachteile:

Probably can improve on the accounting/portfolio management side (in terms of functionalities)