Austin, TX - June 7, 2012 - Gotransverse today unveiled the May 2012 release updates for TRACT® – the all-in-one activity-based billing, rating, and subscription management platform. The latest release of the TRACT® billing solution offers marketing, information technology, and finance professionals new ways to view customer information, easy to implement security features, and integration with NetSuite.
The May release of TRACT boasts a configurable dashboard designed to help marketing, product management, and operational users readily parse, compare, and analyze real-time customer data with easy-to-use graphical widgets. “Businesses with activity-based or subscription billing models can measure a wider and deeper array of key performance indicators (KPIs),”said Stephan Pahlke, vice president of product solutions at Transverse. “With these KPI dashboards, it becomes easier to monetize activities and make information-driven decisions that positively impact business results.”
TRACT also features a new security mechanism that allows customers to define a whitelist of IP addresses, as well as grant access from those pre-defined IP addresses. “Security remains a top priority for IT professionals. The updates to TRACT provide on-premise-like access control for our SaaS-based platform,” said Pahlke.
TRACT's powerful financial management and revenue recognition capabilities are now further enhanced with options to automatically export and upload critical financial data to NetSuite. TRACT regularly aggregates all relevant financial transactions (e.g., invoices, payments, adjustments, and revenue recognition calculations), and automatically imports the aggregate transactions into NetSuite as journal entries. “The ability to aggregate financial transaction prior to exporting allows our customers to maintain detailed financial records in TRACT while still maintaining an enterprise-wide financial view using NetSuite," said Pahlke. "Because TRACT exports only financial transactions, end-customer data duplication and synchronization needs are eliminated.”