Austin, TX – June 30, 2015 - Gotransverse, a leader in the usage economy, announced new capabilities for TRACT®, its cloud-based, internet-scale billing and revenue automation platform. This latest release continues the focus on delivering capabilities that allow customers to easily configure, extend and integrate the platform to meet their needs. Key functionality improvements in ordering, invoicing and global payments have also been made. TRACT® Summer ’15 is available immediately. More information can be found at www.gotransverse.com.
”Gotransverse is leading the way in servitization enablement as organizations around the globe are transforming their business by delivering products and solutions to their customers ‘as a service’,” said James Messer, Founder and CEO of Gotransverse. “TRACT® enables businesses to launch new recurring subscription and usage-based products quickly across the globe.”
New and enhanced capabilities in TRACT® Summer ’15 include the ability to bulk load promotion codes directly into the platform for discounted offers, allow invoice payments in alternate currencies while accounting for exchange gain/loss, and provide greater flexibility for order quantities and international support. Marketers can now create promotion codes that enable automated discounts directly through the application program interface (API), eliminating swivel-chair entry and improving data accuracy. TRACT® has also added the ability to stack product add-ons to an existing order, eliminating the need for packaging work-arounds.
Enhancements to integrations with additional payment gateways increase configurability and security, giving TRACT® customers more options when using the payment processor of their choice. Wire transfer payments are also now accepted. Users of TRACT® can speed their time-to-cash and improve their customer’s experience by enabling customers to make payments in a currency other than their account’s currency. This is critically helpful for organizations with international customers doing business across multiple countries.
Other general enhancements include the ability to order in partial (or decimal) quantities, attach Billing Account Statements to emails for payment and enhance support for additional countries worldwide.
About Gotransverse
Gotransverse powers leading-edge companies who push conventional boundaries with disruptive product and services offerings. The TRACT® platform supports the monetization of any combination of one-time, subscription, and usage-based offerings with near real-time metering, rating and native revenue recognition. The result is faster time to market, visibility into revenue streams and top-line revenue growth. Our customer base includes publicly traded and privately held companies typically technology-focused in cloud solutions, digital entertainment and media, Internet of Things (IoT), Machine-to-Machine (M2M), logistics and hosting/managed services. Visit www.gotransverse.com to learn more.
Media Contact:
Heather Burton, Vice President of Marketing at Gotransverse