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Aug 11, 2020 Thought Leadership

3 Companies Leading the Way with Usage-Based Pricing

In recent years, usage-based billing has evolved from a novel, nice-to-have concept into a critical strategy for businesses looking to attract and retain customers, grow revenue, and maintain the strategic agility required to stay ahead of their competition. You can read about the details of usage-based billing and its key benefits here, but here’s a brief overview: Usage-based billing models elevate basic subscriptions with additional, pay-as-you-go offerings that customers can take advantag…
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Aug 04, 2020 Thought Leadership

Gotransverse in Forbes: Telecom's Digital Transformation

“To stay ahead of new agile competitors that aren't burdened with legacy infrastructure, CSPs are looking for new revenue sources from new service and business models. Digital transformation is finally in high gear.” - James Messer, Founder and CEO, Gotransverse in Forbes In a recent article for Forbes, Gotransverse founder and CEO James Messer explores the telecommunications industry’s ongoing digital transformation — and its impacts on telecom businesses and their customers. Despite telecom’s…
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Jul 28, 2020 Product Insights

The Gotransverse Advantage

“The platform is great and their service and support is second to none. A really great partner that worked closely with us to implement a great billing solution for our business.” - G2 Customer review We’ve been proud, over the last several months, to receive accolades from Forrester, IDC, and, most importantly, our customers. We’re obsessed with helping businesses achieve their growth goals through agile billing, and we love hearing that what we’re doing is working for so many companies in su…
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Jul 21, 2020 Thought Leadership

The Differences between Cloud and On-Premise Billing Solutions

Growing businesses that are reevaluating their billing systems in order to better support their increased customer bases and evolving product and service offerings have to start with this question: Is on-premise or cloud-based billing the better choice for our business? At Gotransverse, we believe cloud-based billing solutions are the better fit for most businesses that want to stay competitive in this rapidly changing, consumer-centric market. To explain why, let’s work through some of the dif…
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Jul 14, 2020 Thought Leadership

Subscription Billing for Every Industry

We talk a lot here at Gotransverse about how subscription billing is becoming a common strategy across a wide range of industries. We’ve talked about a few examples, like your basic subscription boxes and your cell phone bill, but now let’s get specific. Here’s a closer look at some of the many industries benefitting from subscription billing models and some of the companies that are leading the way. Transportation As consumers, especially in urban areas, embrace the idea of a sharing economy, …
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Jul 07, 2020 Thought Leadership

Maintaining a Legacy Billing System Is Costing Your Company More Than You Realize

For many growing companies, updating and maintaining a legacy billing system, rather than replacing, seems like a good way to save money. Avoiding that upfront investment in a new system means more cash to invest in product development, marketing, and human resources, right? Well, not really. Actually, research has found that the companies limping along on these legacy systems are losing quite a bit more money than they may realize. In fact, 90 percent of IT professionals say legacy systems are…
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Jun 23, 2020 Thought Leadership

Communication Service Providers, Is Your Billing System 5G-Ready?

The next big wave in wireless communication is 5G technology — the fifth generation of wireless technology that promises not only higher bandwidth and faster download speeds, but also enhanced connectivity between and among all our IoT-powered devices and services. (Read our 5G overview blog.) The big question for telecom companies looking to take advantage of all 5G has to offer in terms of customer experience and revenue growth is this: Is your billing system ready for the challenge? While t…
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Jun 17, 2020 Company News

Billing Around the World: Gotransverse Continues to Expand

With 75% of the world’s economic output outside of the US, many companies look to expand internationally in order to grow their business and ultimately shareholder value. Borders are no longer barriers for brands, products, and services thanks to the rise of the digital enterprise, and fundamentally the connectivity (a.k.a. the Internet) we enjoy today. At Gotransverse, we are proud to work with companies around the world to enhance and streamline billing processes so they can continue delighti…
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Jun 11, 2020 Company News

How the Gotransverse Team Is Staying Strong & Connected During COVID-19

2020 is off to quite the start! Who would have thought this new decade would kick off with a crisis of this magnitude? As COVID-19 has turned our worlds upside down, disrupting personal lives, school, and work in ways we never would have imagined, our communities have reacted with all kinds of emotions: anxiety, frustration, loneliness, and the overwhelm of having to juggle work and school within the same four walls. (And some of us have found ourselves cycling through all these emotions in the…
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Jun 02, 2020 Thought Leadership

Try Now, Pay Later: Turning Free Trials into Lifelong Customers

With the economic fallout of the COVID-19 pandemic encouraging customers to curb their spending, vendors are looking for creative ways to grow and maintain their customer base with recurring revenue models. One tried and true method is by offering free trials to attract new users, and then converting those free trials to paid subscriptions once the customers have experience the offerings’ value. We see this model working especially well with streaming content providers, from entertainment platf…
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