- Human Resources technology company Schrole Group (SCL) generates its first revenue from Schrole Engage
- Schrole Engage is an onboarding software for schools that streamlines the data collection, verification and review process
- The revenue comes from two existing customers from international schools located in Shenzhen, China, and Frankfurt, Germany
- The company says the first revenues demonstrates the cross and upsell potential of its full product suite while increasing customer lifetime value
- Shares close flat today at 0.9 cents each
Human Resources technology company Schrole Group (SCL) has generated its first revenue from Schrole Engage.
Schrole Engage is an onboarding software for schools that streamlines the data collection, verification and review process.
The revenue comes from two international schools located in Shenzhen, China, and Frankfurt, Germany. Both of these schools were original customers of the company’s Schrole Connect arm of business.
SCL is aiming to drive further sales of Schrole Group by selling to new customers and cross selling to exisiting customers.
The company said the first revenues demonstrates the cross and upsell potential of its full product suite while increasing customer lifetime value.
It will enable sales generation across the full year, a change from being historically reliant on the second half.
The initial revenues are not yet considered to be material, but they highlight how Schrole Engage is able to assist with onboarding challenges at international schools.
Shares closed flat today at 0.9 cents each.