- The Company is introducing the latest version of its Sourcing Solution (“Source 3.0”) to customers as of end of May. The latest version of the Sourcing Solution shortens the customer deployment and onboarding time, while enabling close to immediate revenue recognition.
- Initial customer feedback on the updated Sourcing Solution is positive and customer retention remains high at approximately 90%. 1-Page is currently in the process of deploying both existing and new clients to Source 3.0, and expects all clients to be fully deployed within Q2.
My understanding is that revenue is to pick up with the new source 3
and customer satisfaction is higher than its ever been.- Company backs this up. We will see.
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