Hello Ben, I hope you're doing well today. First, my theory on the errors you were seeing are that your migrated SmarterTrack install may still be configured to connect to the old server. Can you try shutting down the IIS site and application pool for your SmarterTrack side, then rename the SystemSettings.xml file to SystemSettings.xml.old within:
C:\Program Files (x86)\SmarterTools\SmarterTrack\MRS\App_Data\Config
Once you've done that go ahead and start your site/application pool back up and use the setup wizard to connect to your new install of SQL Server. If that doesn't do the trick we may need to take a closer look at this here in support. As to upgrading to the latest release, this should theoretically work well! With that being said, if you'd like some assistance in evaluating your environment against our upgrade process please don't hesitate to submit a ticket and we'll confirm all of that for you. Let me know how it goes when you get a moment to test further. Have a good one!
Kyle Kerst
System/Network Administrator
SmarterTools Inc.
(877) 357-6278
www.smartertools.com