|Description||SaaS activity-based billing platform|
Transverse is the leader in activity-based billing.
The company was founded in 2008 by billing veterans who saw an opportunity to make sophisticated billing available to more businesses. Previously, activity- or usage-based billing models required multimillion dollar investments in systems implementation and maintenance fees. Transverse looked to the cloud to provide a lower cost of entry, accelerated deployment, and real-time data insight to businesses that were previously priced-out.
In 2011, Transverse launched TRACT, the all-in-one activity, rating/metering, and subscription billing software as a service (SaaS) platform. The key differentiator for TRACT is activity-based billing, which allows users to view customer activity in real-time and bill for usage. Customers are using TRACT to monetize and quickly bring to market new products and services, realize greater revenue, and increase customer loyalty by making billing a more strategic tool.
|Launch Date||January 1, 2011|
TRACT is the all-in-one activity, rating/metering, and subscription billing platform. Customers can use the cloud-based TRACT solution to monetize anything that can be measured.
TRACT helps companies automate billing, increase revenue, identify customer trends, and deepen customer loyalty. In addition to subscription and activity management, TRACT users can make information-driven decisions based on customer activity that positively impacts business results.