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Hi Will Schoebs, you are mega bull on Sansan. Looking at the 3 sw suites, esp. the highly profitable Sansan at 50% mgns, it seems they just sell point solutions? How defensible are their sw suites? It seems like something which could be uprooted by a bigger player.

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Without writing a long reply, their competitive position is rather defensible though certainly not unassailable. I'd recommend researching their relevant BPO activities and how much trust they've built with customers from these activities, which bleeds into their retention across both core Sansan and Bill One

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Thank you for this article. Do you know Future Corp and have an opinion? I like the figures, but cannot value the quality of the IT Service.

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