Verizon (VZ) Partners With Jobber to Boost Micro Business

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Verizon Communications Inc. VZ recently teamed up with Jobber to launch an all-in-one solution for small and midsized home service businesses. The solution promises to elevate productivity and enhance security in the management of field service works, leveraging the ease of operations for home service business owners, their employees and customers.

Headquartered in Alberta, Jobber is an operations management software provider, serving more than 27 million households in more than 60 countries. Ranked as one of Canada’s fastest-growing and most innovative companies by Deloitte, Jobber specializes in Cloud Based Business Management Software, Field Service Business Management, Mobile Solutions, SaaS, CRM, Invoicing & Billing, Scheduling and Routing.

Verizon has collaborated with Jobber to launch the Field Management Tablet Plus solution. With preloaded Jobber app, the solution is likely to eliminate the time-consuming task of loading software applications on a device-by-device basis. The partnership is expected to be budget-friendly for small businesses as they can receive a single combined bill from Verizon and cut on the cost.

Due to the low cost of operations, small and mid-sized home service business owners often do not possess the required budget to provide every employee with secured devices for official usage. As a result, important and confidential client data are left unsecured in their employee’s personal devices. By implementing the Field Management Tablet Plus, which comes preloaded with Verizon Mobile Device Management, businesses can manage tablet deployment and improve their security policies.

The collaboration further promotes growth in the business by quoting professional templates with automated quote follow-ups to book new businesses, timely completion of work and timely payment disbursement. The one-stop solution enables all the related stakeholders to be aware of the status and progress of every step.

The collaboration is likely to capture a niche market within the home service industry by gaining loyalty from its existing customers as well as attracting new buyers to increase their revenue streamlines.

The stock has gained 1.2% in the past year against the industry’s decline of 1.6%.

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Verizon currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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