Aria Systems, the only provider of enterprise class Billing and Customer Management Software as a Service (SaaS), announces the release of Version 5.3 of the Aria Billing Platform designed to automate subscription based businesses.
Version 5.3 includes enhanced marketing tools, sales management functionality and electronic payment handling.
Powerful new marketing tools enable companies to rapidly release new products, maximize revenue and gain customer insight with real time analytics. These innovative capabilities are designed for businesses that are looking to create new revenue streams for their subscription based business, or are converting to a recurring revenue model.
In a tough economic climate it is even more critical to reduce customer acquisition costs and limit customer churn. New sales management functionality streamlines the quote-to-cash process and automates key account management functions such as customer alerts and contract renewals.
As monetization increases in complexity and micro transactions grow in popularity, the opportunity for fraud looms larger. Upgraded electronic payment handling in Version 5.3 includes strengthened fraud management, and the integration of multiple payment processors such as PayPal and Authorize.net. By using the Aria Billing Platform, businesses can decrease fraud, effectively manage customers and eliminate chargeback headaches.
"As more companies migrate towards subscription based models, they are faced with problems that classic accounting and ecommerce software can't solve," said Ed Sullivan, CEO of Aria Systems. "No company wants to be locked into an inflexible system that limits their ability to bill and create more revenue. With version 5.3, we address these challenges in the most proven, tested and secure environment on the market today."
Aria makes it easier than ever to achieve the highest level of functionality and flexibility with an online billing system. Customers can easily manage setup, create and update product profiles, catalogs, product plans and services. Furthermore, Aria offers the only Level 1 PCI Compliant environment that protects customers against potentially catastrophic data loss.