TRACT® Platform Fall ’16 Release Features Improvements to Support Pre-Paid Services, Expanded Tax Management and Enhanced API Integrations
AUSTIN, Texas—Nov. 16, 2016 — goTransverse, the award-winning leader in dynamic monetization solutions, today announced the availability of its Fall ‘16 release of TRACT®, the company’s flagship cloud-based subscription and usage-based monetization platform. The latest release includes new automated subscriber management capabilities; enhanced, seamless API integrations; and updated global tax management functionality.
“At goTransverse, we are steadfastly committed to making the highest quality product available to our users based on their needs and the needs of their customers,” said James Messer, CEO of goTransverse. “The latest installment of TRACT provides our users the flexibility they need to deliver even better data-driven customer experiences while finding new sources of revenue through updated functionality and third-party integrations.”
Improve Subscriber Offerings with Prepaid Balances
The latest update to TRACT includes the ability to store value services and prepaid balances on an account. This new feature enables our customers to offer gift card-like services where a user can order prepaid products and then draw down on the balance through usage consumption. Clients using TRACT can leverage a wider variety of subscriber offerings and automate their management to increase market share and reduce customer churn.
Updated Payments and Tax Management
TRACT clients can easily partner with the best-of-breed providers within our intelligent cloud billing engine. With the latest release of TRACT, users can now confidently accept even more methods of payments, including ACH as well as credit transactions, from an ever-expanding selection of gateway providers, including Stripe and Ogone. Our payment gateway enhancements include fraud management, enhanced authentication and multi-merchant support. New features also include more tax configuration options for integration with industry leader Avalara, as well as the external tax processor of a client’s choosing. This ensures TRACT users benefit from our diverse ecosystem of talented partners.
Usability Improvements Provide Greater Insights and Security
New features provide goTransverse customers with enhanced insight into consumer consumption and behavior, including improved visibility into order edits as well as historical changes to customer accounts. Users can also now add responsible accounts when a bill cycle is run as well as take advantage of enhanced support for CyberSource Decision manager to help minimize chargebacks and increase net revenue.
The Fall ‘16 release of TRACT adds even more flexibility and usability to the highly configurable API functionality of the platform. After this release, clients of goTransverse can enable users to create multiple reference keys in the TRACT API for Products, Billing Accounts and Bill Cycles. Administrators can now use natural keys, such as object name when making API calls.
goTransverse powers leading-edge companies who push conventional boundaries with disruptive product and services offerings. The agile monetization platform TRACT® supports any combination of one-time, subscription, and usage-based offerings with near real-time metering, rating and native revenue recognition. The result is top-line revenue growth, faster time-to-market, visibility into revenue streams and operational savings. The customer base of goTransverse includes publicly-traded and privately-held companies typically technology-focused in cloud solutions, digital entertainment and media, Internet of Things (IoT), logistics and hosting/managed services. Visit www.gotransverse.com to learn more.
SHIFT Communications for goTransverse