May 05, 2020
Thought Leadership
How to Successfully Switch to Cloud-Based Billing
You already know there are plenty of benefits to switching from hardware-based to cloud-based systems to power business operations. At Gotransverse, we focus on how these systems enhance billing processes, but cloud-based platforms can add powerful advantages to any aspect of a business. They bolster the bottom line by empowering rapid growth, encouraging agility in shifting markets, improving transparency, and so much more.
But when it comes time to make the switch to a cloud-based system, how…
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Apr 29, 2020
Thought Leadership
How to Future Proof Billing so Your Business Is Ready for Anything
At Gotransverse, we talk a lot about how the right billing system can make or break a company’s efforts to scale. But what about a billing system’s role in preparing companies for dramatic, unexpected shifts in market demands? After all, if there’s one thing COVID-19 has taught us, it’s the incredible importance of flexibility in the face of chaos.
When “business as usual” is no longer possible, the businesses that can turn on a dime have a distinct advantage in their ability to both continue …
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Apr 21, 2020
Thought Leadership
What We’re Talking About When We Talk About Billing: Defining Key Terms
When it comes to modern billing processes and platforms, there’s a lot of lingo floating around. With so much specific terminology, it can be difficult to know what to look for or ask about. But the billing experience, from beginning to end, is critical to ensure timely cashflow, foster customer loyalty, and ensure regulatory compliance — and that’s just for starters. That means understanding the terminology is an important first step for businesses looking to enhance their billing process to m…
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Apr 14, 2020
Thought Leadership
Scale Rapidly with Billing Automation
Imagine what your finance team could accomplish with a few extra hours each day. Imagine no longer having to juggle the manual labor of tracking customer usage events, producing invoices, and reporting revenue. No longer having to explain to customers why invoices are late or inaccurate, and no longer combatting revenue leakage or worrying that reporting practices aren’t compliant with new government regulations.
Here’s some surprising data from McKinsey about billing efficiency: 60 percent of …
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Apr 07, 2020
Thought Leadership
Gotransverse in Forbes: How to Overcome Hidden Costs in Billing
“You could try to upgrade your existing billing and financials infrastructure to handle recurring and consumption revenue models, but the cost of maintaining and upgrading existing software will likely be expensive. Granted, you have to modernize, but do you really want to build your future on legacy systems?” - James Messer, Gotransverse Founder and CEO, in Forbes.
Gotransverse CEO James Messer was featured in Forbes, discussing the challenges businesses face when they adopt subscription and u…
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Apr 01, 2020
Thought Leadership
Gotransverse Expands Ecosystem with Strategic Partner Program
At Gotransverse we believe that a great partner program starts with the architecture of the platform. From the beginning we were designed to thrive in a diverse partner ecosystem – modular, scalable API first – engineered to take on the tough problems our enterprise customers face. As the bridge between the customer facing front office and finance focused back office, we sit at the heart of many digital transformation projects. Monetization projects as a whole are partner-rich initiatives – rar…
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Mar 25, 2020
Thought Leadership
Compliance and Security at Gotransverse
“Compliance and security is very important to Gotransverse. It tells us we’re managing customers’ data in correct and proper manner, and it gives our customers a level of comfort with the way we manage their data.” - Geoff Coleman, COO, Gotransverse.
In today’s climate, data security is top of mind for most companies, and rightly so. For many companies in the last decade, data breaches have led to legal and financial nightmares—not to mention broken customer relationships. Consumers want to ens…
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Mar 18, 2020
Company News
The Gotransverse Customer Success Program: With You Every Step of the Way
At Gotransverse, our mission is to help our client companies grow and scale through a cloud-based, agile, and highly configurable billing platform. We also know how frustrating it can be for a business to invest in a software solution and then find themselves unable to use it to its fullest potential. That’s why we pride ourselves not only on our white-glove software implementation but on our post-implementation Customer Success Program. Providing market premium support to all of our customers,…
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Mar 11, 2020
Thought Leadership
Powering Growth Through Agile Business Processes
“Business growth strategies rely on new revenue streams, which necessitate new and agile pricing models that can adapt to changing market needs. Thanks to the web, consumers are demanding more pay-as-you-go and fee-based products and services, and businesses are necessarily adapting internal business processes to accommodate agile pricing strategies. Without the ability to pivot pricing strategies rapidly, companies will not be able to optimize or will miss out on new revenue opportunities.” - …
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Mar 05, 2020
Product Insights
Collecting Every Payment, Every Time: Gotransverse’s Collection & Dunning Capabilities
How much time would you estimate your organization’s finance team spends tracking down late payments? How much revenue does your company have to write off as a result of unpaid invoices? How many customers have been lost due to payment challenges?As a company grows, incorporating subscription and usage-based pricing models and adding to its customer base, the sheer volume of invoices increases both the number of overdue invoices and the effort required to reel in and track payments. The expandi…
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