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For businesses that want to take their subscription or recurring billing to the next level, TRACT from Transverse gives your CRM the power to use subscriptions to increase consumption by tailoring pricing to customers’ usage patterns and preferences.
TRACT includes the following features/functions:
Real-Time Rating Engines
To grow subscription revenue, TRACT has been developed with one thing in mind: empower business people to define the “what ifs” that will drive new product and service development, and to maintain rules on an ongoing basis as the products and services evolve.
In fact, with TRACT, business people in product development, marketing and finance can develop, deploy, maintain, change and decommission services. TRACT boasts a rules-based rating engine that uses a common spreadsheet interface to define rate plans. This approach makes the creation of rating rules one that is already very familiar to business people already using Microsoft Office, NetSuite and other business applications. It is designed to simplify and automate the task of defining complex usage types through a rules-based system that offers straightforward configurations.
TRACT is the only billing product or service that is truly usage-aware without forcing customers to write code or build external systems to handle usage.