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8common expands software solutions into Asia

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8common Limited (ASX:8CO) has unveiled further expansion into the HR software solutions space with a partnership with Microimage HCM Asia.

This comes on the back of its recently announced proposed acquisition of an established SaaS delivered HR survey product.

HR solutions are complex requiring strong methodology, experience and comprehensive support resources. The Microimage solution suite demonstrates these qualities and has been delivered to clients globally since 1995.

Since its IPO August 2014, 8common has moved quickly to form new partnerships to enhance its offering within its Travel and Expense (Expense8) and Real Estate (Realtors8) product verticals.

The Realtors8 business has continued to make strong progress with its revamped product in late June receiving positive feedback and new partnerships.

Custom Design revenue for the first quarter of the 2015 financial year recorded year on year growth of 96.4%.

Realtors8 recently entered into key strategic partnerships that will support both product and marketing ambitions.

Partnerships have been formed with the MobileAds and Dynamic Creative digital ad platforms.

Realtors8 provides a content management platform to realtors with a core base of subscribers in North America, and receives recurring subscription fees as well as a growing product and services model.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

Quick facts: 8common

Price: 0.067 AUD

ASX:8CO
Market: ASX
Market Cap: $12.26 m
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