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Fision-ScoreInc.com Merger Creates Massive Opportunity Integrating Codebase and Leveraging Efficiencies

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Rhea-AI Summary

The merger between FISION Corporation (OTC: FSSN) and ScoreInc.com, finalized on July 7, 2021, aims to enhance profitability through integrated platforms. Fision specializes in cloud-based digital asset management and sales enablement, while ScoreCEO provides CRM solutions for credit repair businesses. This strategic merger is expected to accelerate growth in the Credit Repair Space, particularly as new consumers seek credit repair post-pandemic. The combined offerings will position them competitively in the SMB CRM market, targeting a potential customer base of over 30 million.

Positive
  • Merger expected to drive profitability and efficiency.
  • Access to over 30 million potential customers in credit repair due to pandemic effects.
  • Integration of two robust platforms bolsters market competitiveness against major CRM providers.
Negative
  • None.

MINNEAPOLIS, July 7, 2021 /PRNewswire/ -- The completed merger of FISION Corporation (OTC: FSSN), a provider of cloud-based digital asset management, sales enablement, and agile marketing technologies and ScoreInc.com, creator of ScoreCEO, a Credit Repair Business CRM software-as-a-service provider, creates new opportunities and efficiencies that will drive profitability in the immediate future.

"I'm excited about the Fision-Scoreinc.com acquisition and joining Fision's board as its Chief Operating Officer. Working alongside our highly motivated, experienced Senior Management Team, and integrating two well engineered platforms, will help Fision achieve its objectives," said Joshua Carmona.

Fisions' primary objective is to help people win, by simplifying brand distribution with its Sales Enablement-Agile Marketing (SaaS), and Scoreinc.com's objective to help businesses be compliant and successful with ScoreCEO, its Credit Repair Business CRM (SaaS). Both platforms are built on Microsoft's .NET's open-source developer platform with enterprise security, management, and compliance in mind. While Fision is great at distributing digital assets securely and empowering sales channels, it doesn't have its own CRM capabilities. Inasmuch, ScoreCEO has great CRM functionality that help businesses manage customer relationships from lead-to-customer.

The Fusion of the ScoreCEO and Fision platforms complement each other so well that the aggregate of the two platforms can easily stand out as a standalone SMB CRM Platform in both the Agile Marketing and Credit Repair Business markets, while potentially entering the Global Small Business CRM market, with a product that could compete with Zoho, Hubspot, InfusionSoft (now Keap), and Marketo, for a fraction of the cost, by leveraging our existing code.

Furthermore, we expect organic growth in the Credit Repair Business Space with over 30 million new potential consumers, with less than perfect credit, entering the credit repair space due to the pandemic and the protections afforded to them federally by the Cares Act. The deployment of our machine learning Dispute Processing AI, Zapier, and Fision integrations this year, along with Fision's investment towards marketing should accelerate our growth and market share in the short-to-medium term." 

About FISION Corporation

FISION is a provider of agile marketing software that simplifies collaboration across global organizations, and manages brand and marketing content. FISION's patented technology brings capabilities to enterprise users in healthcare, hospitality, financial/insurance, software, and technology. For more information visit www.FisionOnline.com. Media Contact: email at IR@FisionOnline.com or 612-927-3700.

About ScoreInc.com

Scoreinc.com is a leading industry provider of software and services that empower credit repair organizations to be compliant and successful. ScoreCEO, its credit repair business CRM software as a service is the platform used by many credit repair organizations to achieve success.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/fision-scoreinccom-merger-creates-massive-opportunity-integrating-codebase-and-leveraging-efficiencies-301326615.html

SOURCE Fision Corporation

FAQ

What is the significance of the FSSN merger with ScoreInc.com?

The merger aims to enhance efficiency and profitability by integrating FISION's digital asset management with ScoreInc.com's CRM capabilities.

How will the merger impact FSSN's market position?

The merger will position FSSN competitively within the SMB CRM market, targeting consumers in the credit repair sector.

What potential growth opportunities exist for FSSN after the merger?

FSSN anticipates organic growth from over 30 million new potential credit repair consumers entering the market.

When was the FSSN and ScoreInc.com merger completed?

The merger was completed on July 7, 2021.

What technologies are being integrated in the FSSN merger?

The integration involves leveraging FISION's cloud-based solutions and ScoreCEO's CRM functionality, both built on Microsoft's .NET framework.

FISION CORP

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