According to The Forrester WaveTM: Subscription Billing Platforms, Q4 2015, transformative business models will be the next paradigm shift for companies looking to increase customer stickiness and insights, capitalize on the cloud, and experiment with connected products. TRACT®, by goTransverse is one such platform now under the Advanced Business Systems umbrella of products and services available to Microsoft Dynamics customers.
TRACT® is an cloud-based, agile monetization platform, a.k.a subscription billing platform, that supports any combination of one-time, recurring/subscription, and usage-based product and service offerings with near real-time metering, rating and native revenue recognition on a billing period or daily basis. Billions of usage events are being monetized around the world each month with TRACT®.
At its highest level, TRACT® help customers with complex business models:
Monetize Anything Measured: Leading-edge companies push the boundaries with new product offerings and business models. The ability to package, bill and recognize revenue on anything a business can measure—at scale and accurately—is today’s new competitive advantage.
Order-to-Cash Lifecycle: In a pay-as-you-go model, business is earned with every billing cycle—from order to invoice to payment collection—and every step in between. A “high-touch” automated billing process helps successful companies manage and often reduce customer churn.
Manage Revenue Recognition: As constantly evolving revenue recognition standards morphs into nightmares of restating earnings, our customers rest easy. TRACT® offers native revenue recognition subledger which allows you to recognize subscription and usage-based services in as small of a frequency as daily.
Want to learn more?
Contact firstname.lastname@example.org or call us at 512-829-4000.