As you set out to identify the right billing partner for your growing organization, the first thing you’ll learn is that there’s a lot to learn. The last few weeks, we’ve been working through some of the most important things to look for in an agile monetization platform (and vendor) and highlighting a few of the advantages Gotransverse offers that are tough to find elsewhere.
We’ve looked at the ways Gotransverse’s out-of-the-box configurability empowers users to change the platform to their exact needs, and we’ve talked about how the platform’s agility drives growth and scale. Now, let’s take a look at the capabilities that mean your platform is ready to evolve in step with your business.
Even if they allow users to configure a few features right out of the box, most billing agile platforms aren’t designed to be truly agile — that is, they aren’t equipped to power the change and growth your business thrives on. Once they’re set up a certain way, that’s the only way they function.
But here at Gotransverse, we know that change is the only constant, so we’ve developed a platform that’s ready to evolve right along with you.
4 Ways Gotransverse Empowers Evolution
Configurable Features
We’ve already taken a look at the immense number of configurable features the Gotransverse platform offers, from product catalogs to reporting functionalities to usage and rating rules. But here’s the thing: these features aren’t just configurable — they’re reconfigurable. As your business model changes, so will your catalog needs and your pricing structures and your invoicing and payment procedures. Most billing platforms would require significant investment, time and billing expertise to support those changes. But the Gotransverse platform is designed to streamline evolution, helping you adjust features as needed, when needed. No billing specialist required.
Configurable Connectors
One of the keys to keeping business processes running smoothly is to make sure every system speaks the same language. Gotransverse’s integration capabilities — from APIs, microservices and connector service to data extensibility and intra-system workflow automation — are designed to keep the process wheels greased. But, like everything else, we know your connectivity needs will change, and we’re ready to help. Many billing platforms’ connective capabilities are limited and difficult, if not impossible to change. But with the Gotransverse platform, as you add, remove or replace existing systems, our configurable connectors make it easy to rearrange that back-office ecosystem.
Low Cost to Serve
Often, when billing platforms are created, they’re paying for a certain amount of usage capacity. If they’re not using it all, theyr’re still paying for it. And when it’s time to scale up, that means paying for a fixed amount of additional capacity. When the usage goes back down, they’re overpaying; when it spikes, they have to scramble to add capacity to manage it.
But the Gotransverse platform is elastic, meaning we can add or remove capacity on demand based on our customers’ usage needs. This means two important things: first, there’s no boundary to upper growth, because elastic capacity is a marginal cost. But second, if our capacity needs dip, we no longer have to pay for unused capacity. If traditional capacity is an investment that may or may not pay off, elastic capacity is more like a rental. We’re only paying for what you use. This lowers our cost to serve and enables us to offer our customers lower prices.
High Volumes of Usage
Once your organization’s growth takes off, the last thing you need is to see friction points and gaps in your billing process. That’s why the Gotransverse platform is designed to handle limitless volumes of complex transactions in a fully automated way. There’s no upper barrier of usage at which you suddenly need to increase manual oversight of any step of the quote-to-cash process, and with built-in elasticity, there’s no need to worry about capacity limits.
In today’s fast-moving business world, success requires serious agility — the willingness and ability — to evolve according to market demands. But without the right systems in place, rapid change just leads to unmanageable growing pains. Not every intelligent billing platform is equal, but the right one can make a world of difference in automating and optimizing processes to allow for scale. To find out whether the Gotransverse platform is right for your organization, we invite you to tour our platform and schedule your personalized demo today.