Evolve Your Subscription Management Business Model with Dynamic Billing
Industry: Technology
Subscription Management Solutions like TRACT Billing by Transverse Can Grow with Your Company
Austin, TX (PRUnderground) March 19th, 2013
The digital economy has shown how much more value can be derived from the same dollar that is used to buy just one static good or service. Large segments of the economy – from traditional brick and mortar stores, to media, music, transportation, and cloud computing companies – are embracing the relationship-oriented, pay-as-you-go subscription management model.
This growing trend of using recurring subscription services was recently a topic of discussion during the SXSW Interactive conference in Austin, where executives from music streaming sites like Spotify and Rdio participated in a panel about the movement towards paid subscription music services. There is no doubt that subscription business models can yield deeper customer loyalty by evolving from simple recurring charges to activity-based billing. But you’ll need the right subscription management software to do the job accurately, timely and with minimal operational resources.
TRACT Billing by Transverse can easily handle subscription management and recurring revenue business models. Not only can TRACT bill for subscriptions, the system allows you to change the terms or actions associated with a service (e.g., define the cancellation policy, apply specific charges for a given service).
To learn more about how TRACT can assist with your subscription management needs, please visit www.gotransverse.com or email sales@gotransverse.com. You can also view our free whitepaper titled “Evolve Your Business With Activity-Based Billing.”
About Transverse
Transverse was founded in 2008 by billing experts who saw an opportunity to make sophisticated billing capabilities available to more businesses. TRACT Billing from Transverse is the only all-in-one activity-based billing platform that can meter, rate, and bill based on customer behavior. Unlike basic subscription or expensive legacy billing systems, TRACT provides a simple solution to complex billing challenges while empowering companies to engage with customers and rapidly monetize the launch of new products and services. Learn how TRACT can help your business at https://www.gotransverse.com.
