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News
Release
First
Advantage Turns to Phormion to Sharpen Value Message of Sales
Organization
Lincroft,
New Jersey,
October 27, 2003 - Phormion
Sales Tools (www.phormion.com), the ROI/TCO sales tool development
company with a 7-year track record, announced today that First
Advantage Corporation (NASDAQ: FADV, www.fadv.com), a global risk
management solutions provider, has deployed a custom-developed
Phormion sales tool to its Employment Screening and Occupational
Health Services sales organization.
First
Advantage, a top ranked industry leader in each of its business lines,
was formed by the June 2003 merger of established companies in
screening and risk mitigation industries. Early integration
efforts in the Employment Screening Services and Occupational Health
Services divisions included consolidating the sales forces of four of
the eight merged entities and uniting their varying approaches to
sales.
“First
Advantage has a strong value proposition to deliver to not only our
current customers but also to prospective clients,” said Dave Wirta,
Executive Vice President of Sales of First Advantage’s Employment
Screening Services and Occupational Health Services divisions. “Our
challenge was to create a tool for our sales team that consistently
presents the comprehensive background checking, substance abuse
testing and workplace services offering of First Advantage while
objectively demonstrating the quantifiable return on investment that
our unique integrated approach to employment screening offers
today’s employers.
“Phormion’s
demonstrated expertise in building ROI models made them the obvious
choice to build a tool for our sales organization. We now have the
ability to capture client specific screening information and translate
the data into First Advantage’s potential program value. We are
excited to take this tool into our employment screening markets and
are ready to take advantage of the wealth of opportunities before
us.”
The
tool Phormion developed for First Advantage’s Employment Screening
and Occupational Health Services sales force is specifically designed
to highlight and quantify First Advantage’s service value to not
only potential new customers, but also existing clients that may be
unaware of the new organization’s complete set of offerings.
The tool incorporates a number of features including embedded help
screens that obviate the need for an accompanying user’s manual,
changeable assumptions and input values, third party and internal
First Advantage case studies and statistics that help to reinforce the
company’s value proposition, and exposed calculation methodologies
to enhance the credibility and effectiveness of the analysis.
Added
Jeff Hill, Phormion’s EVP of Sales and Marketing: “There is
an industry misconception that ROI/TCO analysis tools are limited to
software and other boxable products, but our project for First
Advantage, a true services company, counters this myth superbly.”
About
First Advantage Corporation
First
Advantage Corporation (NASDAQ: FADV) provides best-in-class
single-source solutions for global risk mitigation and enterprise and
consumer screening needs, incorporating state-of-the-art technology,
proprietary systems and data resources. Created by the merger of
The First American Corporation’s (NYSE: FAF) Screening Technologies
division with US SEARCH.com, First Advantage is a leading
national provider, ranking among the top three companies in nearly all
of its business lines. The company offers multiple products and
services including employment background screening, drug-free
workplace programs, physical exams and other occupational health
testing, resident screening, motor vehicle records, insurance fraud
investigations and consumer location. Headquartered in St.
Petersburg, Fla., with offices in Los Angeles, San Diego, Concord and
Sacramento, Calif.; Milwaukee; Bethesda and Rockville, Md.; Denver;
New York; Winston-Salem, N.C.; and Bangalore, India, the company has
more than 1,200 employees. Further information about the company
is available at www.FADV.com.
About
Phormion Sales Tools
Phormion
Sales Tools researches, designs, and develops interactive sales and
marketing tools that use Return-On-Investment (ROI), Total Cost of
Ownership (TCO), and other financial analyses to help high tech sales
organizations quantify and explain their value propositions to their
prospects. Phormion tools allow sales organizations to easily
and clearly show their prospects how they can save money, time, and/or
increase revenue using their products and services. We pride
ourselves in transforming financial analyses into coherent, concise,
value propositions and sales stories, and delivering the finished
tools sales organizations need to communicate them. Phormion’s
clients include Siemens, Avaya, Microsoft, Cisco, IBM, HP, Network
Associates, and Intermec. For more information, please contact
us at (908) 876-8700 or visit us on the web at www.phormion.com
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