Austin, TX - March 27, 2013 - Gotransverse, the company behind the TRACT® usage-based billing and subscription management platform, today announced that Corecon Technologies, Inc. a provider of a web-based suite of construction estimating and project management software, will use TRACT® to drive additional revenue, improve key performance indicators and reporting, and progress their business model to more advanced pricing scenarios like usage-based billing.
The TRACT® billing platform will support billing automation for Corecon’s flagship product, Corecon v7, a SaaS-based software solution that enables contracting firms to manage their leads and projects more efficiently from pre-construction through project closeout. Expecting rapid adoption of the new Corecon v7 offering, the company saw an opportunity to streamline its billing process by adopting the TRACT® cloud-based automated billing platform.
“After evaluating several billing solutions, we selected Gotransverse because of their billing expertise and usage-based billing philosophy,” said Norman Wendl, founder and president of Corecon Technologies.
Once configuration is complete, Corecon will use the TRACT Billing system to:
- Automate the billing process from end-to-end, while maintaining PCI compliance to protect customer payment information
- Integrate billing with other key systems like ERP and CRM for added transparency and diminished data redundancy
- Support click-to-buy website functionality and allow for customer self-service of accounts
- Establish pricing flexibility across channels, including pricing options based on activity
- Enable insightful tracking and reporting on customer purchases and receivables
“Corecon Technologies is a recognized software leader in the construction industry with explosive growth that can now be sustained thanks to back office process automation," said James Messer, co-founder, president, and CEO at Gotransverse. “Recognizing the value that a flexible, activity-based billing system can deliver is a testament to Corecon's leadership. We are excited to partner with them and contribute to their success.”