CV Check predicts strong second half FY.

Rod Sherwood CEO of CV Check [ASX:CV1], told callers to the companies investor teleconference today that the business now has a good momentum.

He told callers " The market position (CV Check) has compelling value and we are looking for really good second half."

He tempered this with a reminder that the coming holiday season may impact on the current quarter.

New enterprise wins and rising average revenue per account were discussed, along with the establishment of a Customer Value Hub in Melbourne.

Sales staff numbers are up from six to eight and the company is in the process of hiring a Chief Revenue Officer to run operations out of the hub.

"We needed to open up customer dialogue in a more structured way with channel partners." said Sherwood, explaining this a key driver behind the CRO decision.

During the quarter the company became integrated into the global enterprise recruiting software provider, SmartRecruiters.

Through these types of relationships Sherwood explained, "We can embed ourselves into the back end of large enterprise teams via HR recruitment information systems."

Using Bank of New Zealand as an example, he explained how enterprise recruitment software like SmartRecruiters, meant the bank's HR staff can screen a person from inside their workplaces, (including using CV Check)thus creating a defensive moat for CV Check.

Toward the end of the call Sherwood mentioned reviewing their cash strategy "when they are double the size they are now." He refused to comment on when that might happen.

As a refresher on CV Check, you may like to watch my interview with Rod Sherwood from a few months ago.

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