Surge Holdings Inc (OTCMKTS:SURG), a fintech company designed to help underbanked communities, said its wholly owned subsidiary, Surge Logics, completed the development and launch of InTake Logistics, a proprietary sales and customer relationship solution for law firms specializing in mass tort lawsuits.
“After months of development, we are excited to launch InTake Logistics, a proprietary CRM software solution that facilitates the entire process of delivering signed retainer services to law firms,” Carter Matzinger, president of Surge Logics, said in a statement.
“This new software enables us to work with a broad range of attorneys that do not have the staff and infrastructure to handle the volume of qualified leads Surge Logics can generate while managing the work flow of converting those leads into signed clients for their contributions to mass tort cases,” he added.
InTake Logistics is a custom developed sales and client management intake solution software for the purpose of procuring signed client retainer documents for attorneys that specialize in mass tort litigation.
Matzinger said this was a great example of how its strategic equity stake in CenterCom Global is positively impacting not only the firm’s revenue, but ability to scale the business.
“CenterCom’s ability to develop and support this platform, which now includes 42 full time staff members handling intake, reporting and technical support, streamline our operations for an efficient and productive workflow,” said Matzinger.
“Phase 2 of the development project will allow us to license the system, so attorneys can install our software to replace their existing in-house customer and document management platform. This should improve these firms’ efficiency and results, while increasing Surge Logics’ revenue,” he added.
For the third quarter, Surge Holdings posted a 21% increase in revenue to $4.9 million.
Surge Holdings is a Memphis-based retail supply chain company that provides a marketplace platform for local retailers and telecom and financial services for the unbanked and underbanked.
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