VERB Completes Salesforce Integration and Begins Pilot Launch For Joint Clients
July 14 2020 - 8:00AM
VERB Technology Company, Inc. (NASDAQ: VERB) ("VERB" or the
"Company"), a leader in interactive video-based sales
enablement applications, including interactive livestream
ecommerce, webinar, CRM, and marketing applications for
entrepreneurs and enterprises, today announced that it has
successfully completed the integration of its highly anticipated
new live stream ecommerce application
verbLIVE,
with the platform of enterprise CRM giant
Salesforce. Many of the Company’s large
enterprise clients are also clients of Salesforce and have
requested integration of verbLIVE with their existing Salesforce
implementation.
In particular, these clients want to provide their sales reps
with the compelling interactive live stream capabilities of
verbLIVE for lead generation, combined with their existing
Salesforce database of customers and prospects and ensure that the
data generated by verbLIVE is effectively and efficiently captured
and shared between the two platforms. The Company has begun
onboarding two of its enterprise clients this week for the pilot
program with more to follow. The Company contemplates expanding
availability of the program to all Salesforce users in the coming
weeks. Integrations into other CRM and ERP platforms is underway
and will be announced when complete.
VERB CEO Rory J. Cutaia stated, “Our initial integration of
verbLIVE with Salesforce is a major milestone for our organization.
We believe this pilot program is the perfect use case to showcase
the power and effectiveness of verbLIVE’s live stream ecommerce
capabilities integrated into Salesforce, among other forthcoming
popular CRM and ERP platform integrations, as we continue to
aggressively expand our user base.”
About VERBVERB Technology Company,
Inc. (NASDAQ: VERB) is a Software-as-a-Service, or SaaS,
applications platform developer. Our platform is comprised of a
suite of sales enablement business software products marketed on a
subscription basis. Our applications, available in both mobile and
desktop versions, are offered as a fully integrated suite, as well
as on a standalone basis, and include verbCRM, our Customer
Relationship Management application; verbLEARN, our Learning
Management System application; and verbLIVE, our Interactive
Livestream eCommerce and Video Webinar application.
Our suite of applications can be distinguished from other sales
enablement applications because our applications utilize our
proprietary interactive video technology as the primary means of
communication between sales and marketing professionals and their
customers and prospects. Moreover, the proprietary data collection
and analytics capabilities of our applications inform our users in
real time, on their device, when and for how long the prospects
watched the video, how many times they watched it, and what they
clicked-on, prompting the user to focus his or her time and efforts
on hot leads or interested prospects rather than on those that have
not seen the video or otherwise expressed interest in the content.
Users can create their hot lead lists by using familiar, intuitive
‘swipe left/swipe right’ on-screen navigation. Our clients report
that these capabilities provide for a much more efficient and
effective sales process, resulting in increased sales conversion
rates. We developed the proprietary patent-pending interactive
video technology, as well as several other patent-issued and
patent-pending technologies that serve as the unique foundation for
all of our platform applications.
With offices in California and Utah, we provide
subscription-based application services to approximately 100
enterprise clients for use in over 60 countries, in over 48
languages, which collectively account for a user base generated
through more than 1.4 million downloads of our verbCRM application.
Our technology is also being integrated into popular ERP, CRM, and
marketing platforms offered by third-party developers, including
Salesforce and Microsoft, among others. For more information,
please visit: verb.tech
FORWARD LOOKING STATEMENTS This press release
contains forward-looking statements that involve risks and
uncertainties. If any of these risks or uncertainties materialize,
or if any of our assumptions prove incorrect, our actual results
could differ materially from the results expressed or implied by
these forward-looking statements. These risks and uncertainties
include risks associated with: the COVID-19 pandemic and related
public health measures on our business, customers, markets and the
worldwide economy; our plans to attract new customers, retain
existing customers and increase our annual revenue; the development
and delivery of new products, including verbLIVE; our plans and
expectations regarding software-as-a-service offerings; our ability
to execute on, integrate, and realize the benefits of any
acquisitions; fluctuations in our quarterly results of operations
and other operating measures; increasing competition; general
economic, market and business conditions; and the risks described
in the filings that we make with the Securities and Exchange
Commission (“SEC”) from time to time, including the risks described
under the headings “Risk Factors” and “Management Discussion and
Analysis of Financial Condition and Results of Operations” in our
Annual Report on Form 10-K, which was filed with the SEC on May 14,
2020, as amended by Amendment No. 1 on Form 10-K/A to our Annual
Report on Form 10-K, which was filed the SEC on June 4, 2020, and
which should be read in conjunction with our financial results and
forward-looking statements contained therein, and our Quarterly
Report on Form 10-Q for the quarter ended March 31, 2020, which was
filed with the SEC on May 15, 2020, as amended by Amendment No. 1
on Form 10-Q/A to our Quarterly Report on Form 10-Q, which was
filed the SEC on June 4, 2020, and which should be read in
conjunction with our financial results and forward-looking
statements contained therein. All forward-looking statements in
this press release are based on information available to us as of
the date hereof, and we do not assume any obligation to update the
forward-looking statements provided to reflect events that occur or
circumstances that exist after the date on which they were made,
except as required by law.
Investor
Relations:888.504.9929investors@
verb.tech
Media Contact:855.250.2300,
ext.107info@verb.tech
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