WALTHAM, MA -- (Marketwire) -- 05/22/12 -- MetraTech Corp., the leading provider of agreements-based billing and compensation solutions, today announced that it will host a customer success management presentation and discussion at its headquarters on Wednesday, May 30 from 7 p.m. to 8:45 p.m. ET. The presentation is geared toward C-level executives who are tasked with attracting and retaining customers for software-as-a-service (SaaS) and cloud-based offerings.

"SaaS/Cloud Customer Retention and the Future of Customer Success Management" is sponsored by customer engagement provider Totango and will feature Mikael Blaisdell, publisher of The Hotline Magazine. Advanced registration is required for this free event, which will begin with refreshments and networking before the presentation and question-and-answer periods.

"As they grapple with the customer retention issue, more and more SaaS and cloud vendors are creating customer success management teams," said Mikael Blaisdell, publisher of The Hotline Magazine. "Those who lead these teams need to cultivate a customer-centric culture that recognizes how to fully engage, serve and monitor cloud-based relationships. After all, in this market, a vendor's success is inextricably linked to the success of the customers it serves."

Scott Swartz, CEO of MetraTech said, "As we know with our Metanga solution, to effectively support SaaS users, companies must foster a culture of customer success. That means truly understanding a customer's lifecycle and leveraging analytic metrics to lower churn and engage users at every step."

This MetraTech-hosted event will take place at the company's headquarters at 200 West Street, fourth floor (use the West elevators) in Waltham, Mass.

About MetraTech
MetraTech Corp. offers an innovative approach to billing, compensation and customer care. We empower organizations to embrace change through a unique agreements-based billing and compensation solution that models and supports fluid, personalized multi-party agreements. We automate business processes and business models to address rapidly changing or complex business strategies. Our products are deployed globally, and our customers use MetraTech to securely collect revenue, compensate partners and manage their customer lifecycle in 12 languages, 28 currencies and 90 countries. Customers include The Depository Trust and Clearing Corporation (DTCC), CETIP, the City of Chicago, Microsoft Online, PGi and OnStream (National Grid). The company is headquartered in Boston, with offices in San Francisco, Munich, Paris, Singapore, Rio de Janeiro and London. MetraTech is a venture-backed, privately held company whose investors include Accel Partners, Bessemer Venture Partners, Meritech Capital and Vesbridge Partners. For more information, please visit www.metratech.com and www.metanga.com.