What is TransactionCloud?

Transaction Cloud is a reseller solution for SaaS companies, to handle payments, sales tax/VAT/GST compliance (collection, filing), subscription management, recurring billing, and invoicing, that can be used by companies to simplify their payment, tax, accounting and risk management process. Effectively, TransactionCloud aims to remove complexities associated to compliance and related issues when selling SaaS, effectively by buying licenses of the user's software and selling them to customers.

Categories & Use Cases

Media

Zulshumail-Ain Bin Pervez View profile

Training & Development Executive in Human Resources at IBEX | Global Pakistan (1001-5000 employees employees)

Use Cases and Deployment Scope

In our organization TransactionCloud is used as a payments platform, recurring billing, sales taxes e.g. vat/gst, subscription management. Impressively the Integration with the platform is super fast & barely takes a week. the best part is no setup fee and pay as you go feature is really attrative. Support for multiple currencies, credit cards, wallet payments (Digital) & fast interface results in high conversion rates.

Pros

Recurring billing feature is working really well for us
The integration part is impressive as well as its super quick
Helping us in fraud protection

Cons

Video training should be available
Data import & export lags sometime
Discount Management is confusing sometimes

Most Important Features

Support for multiple currencies & credit cards
Compliance part for example, automated collection, filing.
Faud prevention or protection

Return on Investment

Very positive impact on our billing (recurring)
Protection from fraud increased
The multuple currencies, wallet payments & major credit cards support increasing the business growth