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New Survey Finds Small and Midsize Businesses Waste Time and Resources on Business Invoicing

Industry: Technology

Billing Software, like TRACT from Transverse, Allows Companies to be More Efficient

Austin, TX (PRUnderground) February 25th, 2013

According to a recent survey of nearly 560 small and medium sized businesses (SMBs) around the world, employees collectively spend an average of 16 hours and 53 minutes per month on managing financial processes like business invoicing. That’s the equivalent of two full working days on an activity that can be easily automated with billing and invoicing software like TRACT by Transverse.

With TRACT, businesses can customize their business invoicing model to meet their individual customer’s buying preferences. In addition to the benefit of increased efficiency, TRACT helps companies ensure billing accuracy and pricing flexibility. The ability to capture valuable customer purchasing data is also provided. And unlike basic subscription models, activity-based business invoicing software solutions can create a process for measuring, aggregating, analyzing, rating, charging, invoicing, payment processing and reporting on customer engagements in real-time.

To learn how your business can select the best business invoicing software and reap the benefits of activity-based billing, download a copy of our latest whitepaper titled, Boost Consumption and Create New Sources of Revenue with Activity-Based Billing, here.

To discover how TRACT can help your company implement customized business invoicing software, please contact

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

Press Contact

Amie Coleman
(720) 854-8192

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