Enterprises pursuing recurring revenue strategies benefit from Aria’s cross-industry agility and best-of-breed expertise in billing and subscription management
San Francisco, CA – May 18, 2022 – Aria Systems, the leader in helping enterprises grow subscription and usage-based revenue, today announced the company has been recognized as a Representative Vendor in the 2022 Gartner Market Guide for Subscription and Recurring Billing Management Solutions.1
“Aria Systems’ inclusion in the latest Gartner Guide, we believe, validates that our solution is well suited to support companies across a wide range of industries eager to accelerate revenue growth from subscription and usage-based offerings,” said Tom Dibble, President and CEO, Aria Systems. “Application leaders should use this report to understand the key capabilities of these applications and identify potential software vendors.”
Within the Guide, Gartner recommends that application leaders “choose a recurring billing solution with a modern, flexible, scalable cloud architecture” and “ensure that the chosen application will satisfy future requirements as the company’s recurring revenue business grows and becomes more complex.”
The Guide further states “companies that implement modern SaaS SRBM solutions report significant business benefits.” These include:
- New subscription services enabled
- Customer complaints due to billing errors reduced or eliminated
- Lost revenue due to billing errors reduced or eliminated
- Self-service bill payment portals lower the cost of collecting revenue
- AI dunning algorithms reduce revenue leakage
- Lower cost of ownership and increased agility compared to legacy ERP or on-premises solutions
[1] “Gartner Market Guide for Subscription and Recurring Billing Management Solutions” By Analyst: Mark Lewis. Apr. 13, 2022.
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About Aria Systems
Aria Systems’ cloud-agnostic monetization platform is the analysts’ choice, top ranked by leading research firms. Innovative enterprises like Adobe, Allstate, Comcast, Subaru, and Telstra depend on Aria to accelerate time to market and increase flexibility, enabling them to maximize customer value, and grow recurring revenue through subscription and usage-based offerings. For more information, visit: www.ariasystems.com
Media Contact: Greg Kalish | GKC for Aria Systems | [email protected] | 516-665-3292