Hidden costs to consider before deciding whether to build or buy a billing system http://bit.ly/1CYUhh9
Billing: It’s a critical customer touch point for all businesses.
Revenue Recognition: It’s a critical bookings event for all businesses.
Think about it. Every interaction ultimately gets filtered through billing. An endless combination of quotes, account creation, orders, pricing, payments, settlement and subscriber management. It bolsters revenue IF you can manage and recognize it successfully.
In 2008, a core group of technology and billing veterans saw the opportunity to offer Billing-as-a-Service via the cloud and formed goTransverse. As compared to traditional, on-premise enterprise solutions, they developed a cloud-based solution which offers lower costs of entry, accelerated deployments and real-time data insights into revenue streams.
Hence TRACT® was born – the cloud-based, internet-scale billing and revenue automation platform. Years later, the goTransverse team still rallies around the vision of taking the best of highly-complex and scalable custom systems to the broader market, enabling businesses to drive top-line revenue growth through monetization of anything measured.
Transverse Headquarters 620 Congress Ave. Suite 200 Austin, TX 78701