Gartner predicts: “By 2022, more than 90% of software providers will have migrated to a subscription-based business model.”
AUSTIN, Texas (PRWEB) November 28, 2018
Gotransverse (http://www.Gotransverse.com), a leading provider of enterprise Quote-to-Cash solutions, has been included in a report from Gartner, “Competitive Landscape: Cloud Subscription and Recurring Billing Management, North America.” Gartner lists Gotransverse under its Competitive Profiles in the report.
This report by Gartner covers the growing and rapidly evolving cloud subscription and recurring billing management market. According to the report, “Digital business models have accelerated interest in and growth of subscription and recurring billing management (SRBM) because traditional solutions are unable to address the complexity and new requirements imposed by these models.” In fact, Gartner predicts, “By 2022, more than 90% of software providers will have migrated to a subscription-based business model.”
“We are delighted to be included in this Gartner Competitive Landscape,” said James Messer, founder and CEO of Gotransverse. “Our customers continue to praise the flexibility and scalability of our agile monetization platform, and our ability to support the most complex recurring billing models. We believe that inclusion in this report validates Gotransverse’s role in shaping the rapidly changing market for subscription billing services.”
Gotransverse supports complex price configuration, quote, and billing; billing metrics; customer reports and analytics; and revenue recognition. The intelligent billing platform is ideally suited for mid-sized to large enterprise subscription operations with complex revenue models, such as per-use or consumption billing models, as well as multi-attribute rating rules. Gotransverse currently has more than 40 customers, including companies billing more than $100 million through the Gotransverse billing engine.
For more information, visit http://www.gotransverse.com.
Gartner, “Competitive Landscape: Cloud Subscription and Recurring Billing Management,” North America, Robert Anderson, 14 November 2018.
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Gotransverse powers intelligent billing for the enterprise. Offering a full-stack subscription and usage billing platform designed for monetization, Gotransverse addresses the challenges businesses face when they rapidly deploy new products and services with sophisticated subscription and consumption-based pricing models at global scale. Gotransverse customers are able to accelerate top-line revenue growth and time-to-market, as well as gain visibility into revenue streams and drive operational savings.