Navint and goTransverse Ink Agreement to Further Subscription and Monetization Services
Navint Partners, a mid-sized consulting and IT strategy firm together with goTransverse, a market-leading provider of online subscription and usage-based billing solutions, are partnering to expand the market for a range of services. These services include improved customer relationships through new product/service offers leveraging subscription services, business process optimization and technology services, online billing, revenue recognition and monetization approaches to companies across a range of industry segments.
Boston, MA — December 15, 2015 — Navint Partners, LLC today announces a strategic relationship and partnering agreement with goTransverse, where collectively the two companies will work to market and deliver their respective capabilities and solutions by collaborating on marketing and business development activities. The Navint and goTransverse partnering effort is expected to create increased awareness of new types of subscription and consumption opportunities to support improved customer relationship management for B2B and B2C companies.
By partnering with goTransverse, Navint intends to expand its already strong consulting services capabilities in Business Transformation, Business Process Optimization and IT Strategy and planning to now include the areas of subscription and consumption based monetization. goTransverse anticipates the partnership will continue to increase goTransverse’s presence in customer segments such as IoT, Media & Entertainment, diversified technology and software companies where Navint has a long history and deep relationships. Learn more about Navint Subscription Services practice
“Navint continues to commit resources and investment to the subscription and consumption billing and the associated revenue recognition, especially as we see a continued and significant shift to SaaS and Cloud based software,” said Jim Martindale, CEO of Navint Partners. “Navint already is advising companies on their monetization strategies and with the goTransverse partnership we can now better factor in the different options to deliver new online billing solutions to support the customer strategy”.
TRACT®, goTransverse’s award winning platform, is designed to address the business challenges companies face when rapidly deploying new products/services with sophisticated subscription and usage-based pricing scenarios at global scale. Customers of TRACT® accelerate top-line revenue growth and time-to-market, as well as gain visibility into revenue streams and drive operational savings. Billions of usage events are being monetized around the world each month with TRACT®.
“Navint is a natural partner for goTransverse. Customers will benefit from their domain experience in managing organizational change, process optimization, and monetization strategies,” said James Messer, CEO and Founder of goTransverse. “Both companies have a “client-first” or “white-glove” attitude towards customers; this partnership ensures a seamless customer experience between the business consultation, technology selection, and subsequent implementation of subscription billing and revenue recognition platforms.”
Navint has years of experience and knowledge across a range of enterprise software capabilities including ERP and CRM solutions. These solution areas are often the most important technologies enabling a company to deliver the desired customer experience, selling products and services and then bill and collect the revenue.
“We see often enough that a company’s Quote, Order and Billing capabilities are just plain broken and not delivering what customers expect or the company needs for revenue recognition,” commented Martindale, “by refining the Lead to Cash processes, improving Configure-Price-Quote and deploying advanced billing capabilities for revenue recognition, our clients can see significant revenue improvements”.
Navint, serving the Fortune 1000 enterprise business market, is well positioned through this partnership and expanding service offering to support customers worldwide. Martindale added, “Navint expects continued growth in 2016 and through this technology partnership will continue to assist our clients in transforming their business models to provide new ways to monetize for products and services and to achieve meaningful improvements in clients’ revenue recognition and billing optimization efforts.”
About Navint Partners, LLC
Navint Partners, LLC (Navint) is a different kind of management consulting firm, with unique experiences and innovative thinking, advising C-Suite executives on innovative and actionable recommendations to solve their business challenges. Navint is a fast growing, mid-sized consulting and technology firm offering end-to-end capability across strategy, operations and technology. The company has a global footprint with deep experience in complex, enterprise transformation and covers a wide-range of industries, operational domains and business solutions. Visit http://www.navint.com to learn more.
goTransverse powers leading-edge companies who push conventional boundaries with disruptive product and services offerings. The TRACT® platform supports the monetization of any combination of one-time, subscription, and usage-based offerings with near real-time metering, rating and native revenue recognition. The result is top-line revenue growth, faster time-to-market, visibility into revenue streams and operational savings. Our customer base includes publicly traded and privately held companies typically technology-focused in cloud solutions, digital entertainment and media, Internet of Things (IoT), Machine-to-Machine (M2M), logistics and hosting/managed services. Visit http://www.gotransverse.com to learn more.