Panel of service providers validates the need for activity-based billing software

Dublin, Ireland

Billing experts from the world’s leading service providers chose Transverse and its TRACT® activity-based billing platform as the winner of the coveted Cloud Innovation Award at the Pipeline Publishing 2012 Innovation Awards (held during TM Forum’s Management World). A distinguished panel of analysts and executives from AT&T, BT, Cox, Intelsat, TELUS, Turkcell, and Yota recognized TRACT’s cloud technology innovation over a field of nominations that included Redknee, Zuora and others.

“TRACT is a true multi-tenant, saas-based system, which means it brings the most robust and crucial components of rating and billing to companies aiming to monetize and personalize services without multi-million-dollar software purchases, upgrades or integration projects,” said Transverse CEO and co- founder James Messer. “With this model, all sizes of businesses get activity-based billing capabilities without huge capital expenditures or lengthy deployments – the type of which traditionally locked out all but the largest of service providers.”

The innovative way that TRACT brings the billing and BSS stack into the cloud also translates into zero downtime through a high-availability architecture that would be impossible for mid-sized businesses to build on their own. “This is something no other saas-based subscription biller can provide. it is a critical requirement in the digital economy, where the customer experience ties directly to uptime,” added Messer.