goTransverse for High Technology

goTransverse allows market-leading companies to quickly scale their business to capture market share and grow revenue. If you can measure it, we can help you bill for it. goTransverse truly offers the best platform to package, price and monetize any new innovative product or high tech service on a postpaid, prepaid or hybrid basis.

Flexible High Tech Billing

The foundation of the goTransverse platform is an agile monetization engine that supports any revenue model such as the following:

  • One-time purchases
  • Simple subscriptions
  • Complex subscription management
  • Plan entitlements
  • Tiers and tapers
  • Usage-based consumption
  • Overage charging
  • Pooling of usage across accounts

The platform allows companies to handle massive volumes of data at Internet-scale. Invoice and collect payments around the world in local and foreign currencies and via a variety of methods including wire transfers, credit/debit cards, ACH, PayPal, checks or cash lockbox transactions. With goTransverse, high tech service providers have full control over when and how customers are invoiced for their services.

For businesses that rely on distributors, resellers and partners, the platform manages sophisticated revenue sharing scenarios. Royalties, commissions and sponsorship structures and the modeling of complex links between customer and partner pricing can all be done in the platform.

Usage Processing and Rating

With goTransverse, your company can effortlessly scale from simple subscriptions to tiered or usage-based models. The real-time rating engine in the goTransverse platform automates accepting incoming events, identifying the correct customers, metering (measuring) the volume of these events and rate plans and applying the charges to accounts. You can process and rate billions of usage events, complex charging and entitlements directly within the platform. Configure pricing rules for rate plans, rollovers, allowances and balances automatically. It can also be used to allow subscriber access to updated account balances and specific usage allowances. goTransverse was cited as a leader and received the highest score in the recurring billing and payments management criterion in The Forrester Wave™: Recurring Customer & Billing Management, Q3 2017.

Native Revenue Recognition

Native to the goTransverse platform is a general ledger (GL) subledger for accounts receivables and taxes. The subledger is highly flexible and automates the revenue recognition process for high tech service providers by supporting a multitude of complex business and accounting rules. It supports agreement considerations across multiple units of accounting for every sale and/or order per company defined revenue recognition rules. Manage revenue recognition on a daily basis taking into consideration various factors including, but not limited to: service period, agreement length, customer lifetime metrics and milestones.

Enable daily AR exports into your financial systems of record, such as one of the following:

  • Intacct™
  • Microsoft Dynamics
  • Netsuite™
  • Oracle
  • Quickbooks™
  • SAP

goTransverse was cited as a leader and tied for the second highest score in the financial controls criteria and had the highest score in the recurring billing and payments management criterion in The Forrester Wave™: Recurring Customer & Billing Management, Q3 2017.

Sophisticated Packaging Options

The goTransverse platform has a flexible product catalog that allows for multiple product configurations, services, terms, prices and discounts. Quickly see all products available, not yet available, and no longer available for purchase from a single view. The platform also has the ability to stack product add-ons to an existing order, eliminating the need for packaging workarounds.

Massively Scalable

goTransverse enables agile businesses to launch new recurring subscription and usage-based services quickly across the globe. Organizations using the latest in scalable cloud technologies and virtual architectures, benefit from the ability to scale and burst with resource requirements. With the goTransvserse platform, high tech service providers can have all the benefits of a sophisticated, monetization platform operating in direct concert within their existing technology stack.

The platform is also ideal for multi-national organizations looking to serve a global market. Examples of the internationalization features include the following:

  • Multi-jurisdictional taxation
  • Multi-currency support
  • Currency conversion to general ledger (GL) normalized to base currency
  • Multibyte character handling