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Climb Channel Solutions Launches NA Partnership with Software Management Platform Vendor, FinQuery

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Climb Channel Solutions, a subsidiary of Climb Global Solutions (NASDAQ: CLMB), has announced a North American partnership with FinQuery. The collaboration introduces FinQuery's AI-powered Software Management platform to Climb's distribution network. The platform offers comprehensive visibility and management of software assets and contracts, helping organizations optimize spending, reduce risk, and improve forecasting. Through this strategic partnership, FinQuery aims to expand its market reach by leveraging Climb's extensive network to recruit new resellers and engage potential customers.

Climb Channel Solutions, una sussidiaria di Climb Global Solutions (NASDAQ: CLMB), ha annunciato una partnership in Nord America con FinQuery. La collaborazione introduce la piattaforma di gestione software potenziata dall'IA di FinQuery nella rete di distribuzione di Climb. La piattaforma offre una visibilità e una gestione complete degli asset software e dei contratti, aiutando le organizzazioni a ottimizzare la spesa, ridurre i rischi e migliorare le previsioni. Attraverso questa partnership strategica, FinQuery mira a espandere la propria portata di mercato sfruttando l'ampia rete di Climb per reclutare nuovi rivenditori e coinvolgere potenziali clienti.

Climb Channel Solutions, una subsidiaria de Climb Global Solutions (NASDAQ: CLMB), ha anunciado una asociación en Norteamérica con FinQuery. La colaboración introduce la plataforma de gestión de software impulsada por IA de FinQuery en la red de distribución de Climb. La plataforma ofrece una visibilidad y gestión completas de los activos de software y contratos, ayudando a las organizaciones a optimizar gastos, reducir riesgos y mejorar la previsión. A través de esta asociación estratégica, FinQuery busca expandir su alcance en el mercado aprovechando la extensa red de Climb para reclutar nuevos revendedores y atraer clientes potenciales.

클라임 채널 솔루션즈는 클라임 글로벌 솔루션즈(NASDAQ: CLMB)의 자회사로서, 핀쿼리와 북미 파트너십을 발표했습니다. 이 협력은 핀쿼리의 AI 기반 소프트웨어 관리 플랫폼을 클라임의 유통 네트워크에 도입합니다. 이 플랫폼은 소프트웨어 자산 및 계약에 대한 종합적인 가시성과 관리를 제공하여 조직이 지출을 최적화하고, 위험을 줄이며, 예측을 개선할 수 있도록 돕습니다. 이러한 전략적 파트너십을 통해 핀쿼리는 클라임의 광범위한 네트워크를 활용하여 새로운 리셀러를 모집하고 잠재 고객을 참여시키는 방법으로 시장 영역을 확장하려고 합니다.

Climb Channel Solutions, une filiale de Climb Global Solutions (NASDAQ: CLMB), a annoncé un partenariat nord-américain avec FinQuery. Cette collaboration introduit la plateforme de gestion de logiciels alimentée par IA de FinQuery dans le réseau de distribution de Climb. La plateforme offre une visibilité et une gestion complètes des actifs logiciels et des contrats, aidant les organisations à optimiser leurs dépenses, réduire les risques et améliorer les prévisions. Grâce à ce partenariat stratégique, FinQuery vise à étendre sa portée sur le marché en tirant parti du vaste réseau de Climb pour recruter de nouveaux revendeurs et engager des clients potentiels.

Climb Channel Solutions, eine Tochtergesellschaft von Climb Global Solutions (NASDAQ: CLMB), hat eine Partnerschaft in Nordamerika mit FinQuery angekündigt. Die Zusammenarbeit führt die KI-gestützte Softwaremanagement-Plattform von FinQuery in das Vertriebsnetz von Climb ein. Die Plattform bietet umfassende Sichtbarkeit und Verwaltung von Software-Assets und Verträgen und hilft Organisationen, Ausgaben zu optimieren, Risiken zu reduzieren und die Prognose zu verbessern. Durch diese strategische Partnerschaft zielt FinQuery darauf ab, seine Marktreichweite zu erweitern, indem es auf Climb's umfangreiches Netzwerk zurückgreift, um neue Wiederverkäufer zu gewinnen und potenzielle Kunden anzusprechen.

Positive
  • Strategic expansion of distribution network in North America
  • Addition of AI-powered software management solution to product portfolio
  • Potential for increased market reach through Climb's established network
Negative
  • None.

Insights

The partnership between Climb Channel Solutions and FinQuery represents a strategic move in the enterprise software management space. The deal enhances Climb's product portfolio with an AI-powered software management solution, addressing the critical need for cost optimization and risk management in enterprise software spending. Key value drivers include:

  • Expansion of Climb's distribution network to include FinQuery's software management platform
  • Potential revenue growth through new reseller recruitment
  • Enhanced market positioning in the software asset management sector

While this partnership shows promise for future growth, the immediate financial impact remains uncertain without specific revenue projections or deal terms. The focus on cost optimization and ROI aligns well with current market demands for efficient IT spending management.

EATONTOWN, N.J., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB) announced the addition of FinQuery to their North American line card.

FinQuery's unified, AI-powered platform empowers companies to take control of their software assets and contracts. The Software Management platform provides full visibility and streamlined management, enabling partners to optimize spending, reduce risk, and improve forecasting.

"We are thrilled to partner with Climb Channel Solutions to bring the power of FinQuery's Software Management platform to a wider audience,” said FinQuery CEO and founder, George Azih. “This collaboration represents a significant step in our mission to empower organizations with the tools and insights they need to take control of their software assets and drive greater financial and operational success."

The strategic partnership with Climb Channel Solutions will expand the reach of FinQuery's Software Management platform, enabling them to assist a broader range of organizations in achieving significant cost savings, mitigating risk, and enhancing overall efficiency. By tapping into Climb's vast network, FinQuery aims to recruit new resellers and actively engage potential customers, further establishing itself as a leader in software management solutions.

“Climb is excited about the addition of FinQuery and their Software Management platform which offers total visibility into where companies spend most of their budget; leases, contacts, and software applications,” said Dale Foster, CEO of Climb Channel Solutions. “In a time where businesses are focused on spend and ROI, FinQuery’s dedication to uniting IT and finance provides a unique solution to our partner ecosystem optimizing their software costs, efficiency and security.”

Those interested in distribution services and solutions should contact Climb by phone at +1.800.847.7078 (US), or +1.888.523.7777 (Canada), or by email at Sales@ClimbCS.com.

About Climb Channel Solutions and Climb Global Solutions

Climb Channel Solutions is a global specialty technology distributor focusing on Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud, and Software & Application Lifecycle. What sets Climb apart is our commitment to transform distribution by providing emerging and established IT technologies, flexible financing, real-time quoting, best of breed channel operations, speed to market, and exceptional service to our partners worldwide. Climb Channel Solutions is a wholly owned subsidiary of Climb Global Solutions (NASDAQ: CLMB). Experience the Climb difference and learn how our people-first approach empowers VARs and MSPs to grow, scale, and accelerate their business. Visit www.ClimbCS.com, call 1-800-847-7078, and connect with us on LinkedIn!

For Media & PR inquiries contact:
Climb Channel Solutions
Media Relations
media@ClimbCS.com

Investor Relations Contact:
Elevate IR
Sean Mansouri, CFA
T: 720-330-2829
CLMB@elevate-ir.com

About Relationship/Company

FinQuery, formerly LeaseQuery, empowers 36,000+ professionals to optimize decisions in their top spending areas—leases, software subscriptions and financial contracts—setting us apart in the market. Our award-winning AI-driven software minimizes risk, boosts efficiency and cuts costs.

Explore FinQuery’s platform for contract and spend intelligence today.

For Media & PR inquiries contact:
FinQuery
Shannon Matthews, Manager, Marketing Communications
shannon.matthews@finquery.com


FAQ

What is the new partnership announced by Climb Channel Solutions (CLMB) in October 2023?

Climb Channel Solutions announced a North American partnership with FinQuery to distribute their AI-powered Software Management platform through Climb's network.

What does FinQuery's platform offer to Climb Channel Solutions (CLMB) customers?

FinQuery's platform provides full visibility and management of software assets and contracts, helping organizations optimize spending, reduce risk, and improve forecasting through AI-powered technology.

How will the FinQuery partnership benefit Climb Channel Solutions (CLMB)?

The partnership will expand Climb's product portfolio with a software management solution, enabling them to offer their partners tools for optimizing software costs, efficiency, and security.

Climb Global Solutions, Inc.

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