If I understand you correctly, you have a database (external to Ultra Recall) that contains company/contact information in a parent-child relationship. You need to import some or all of this data into Ultra Recall to be distributed to users (who will use Ultra Recall to view the data).
From that, I am understanding your question to be: how can you import the companies/contacts in a single step... Is that correct?
How are you currently importing the data, from a csv file? One way you can do that (with a csv import) would be to add a csv column that maps to the Indent Level "virtual" attribute on import. Assign 0 as the value for contacts and 1 for the contacts.
You should be able to import only the Company Name (and not the first or last names) for the company "contact" records. Contact Info Items will use the company attribute value as the Item Title if both the first and last name attributes are empty...
Hope I understood your question correctly and was clear in my answer
