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TRACT

Name: TRACT
Rating: 4.5 (2 reviews)

By Go Transverse

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Highlights : About TRACT

Entitlement & pre-paid business models

Built in analytics

Integrations

About TRACT

If you can measure it, we can monetize it. TRACT is a multi-tenant, SaaS platform that supports any combination of one-time, subscription, and usage-based offerings with near real-time metering, rating and native revenue recognition. This allows companies the ability to A/B test offers continuously to determine the right packaging mix to optimize revenue with maintaining stringent compliance requirements such as PCI and full revenue recognition audit trails. Rich API libraries extend life-time value of existing technologies such as ERP, CRM, payment gateways, etc. Our customers include technology-focused in cloud solutions, digital entertainment and media, Internet of Things (IoT), Machine-to-Machine (M2M), logistics and hosting/managed services; Fast time-to-market, visibility into revenue streams and top-line revenue growth.

Specifications

24/7 Support

Yes

Business Size

Mid-Market

Deployments

Cloud

Language Support

English

Platforms

Product Details

Features

Connected devices

Subscriptions with rating, usage, metering, entitlements

Business intelligence to understand usage

Dynamic revenue management

Entitlement & pre-paid business models

Built in analytics

Integrations

Benefits

With TRACT, go beyond the simplicity of recurring payments and move your business quickly to business models that build customer lifetime value through segmentation and micro-segmentation, entitlements, and caps that accommodate changes in customers’ circumstances, usage and preferences over time.

TRACT Supports Usage / Consumption - A usage/consumption business model allows a company to truly individualize its offerings, which results in higher revenues and a larger customer base. Implementing and managing these types of business models without a specialized system can be very complex and error prone.

TRACT Supports Entitlement / Pre-Paid – Pre-paid business models can have a big impact on a company’s bottom line. Cash flow is an obvious benefit, as the company gets paid upfront and the customer acquisition cost is typically lower

TRACT Supports Complex Subscriptions – In order to run a world-class subscription business, a company must be able to offer multiple subscription packages and be able to modify these packages as competitive forces dictate. Packages that allow a customer to enter at one price point and upgrade or change their subscriptions over time are essential.

TRACT Supports Connected Devices - It is projected that there will be 50 billion devices connected to the Internet by the year 2020. Connected devices present a significant market opportunity for monetization, as people become more and more familiar and comfortable with more sophisticated devices and technologies.

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