CSC and Aria Systems Accelerate Cloud Subscription Billing
CSC and Aria Systems have signed a global agreement to collaborate on cloud subscription billing and recurring revenue management. CSC, a global provider of technology-enabled business solutions and services, has adopted the Aria Systems platform as the foundation of a cloud-based digital monetization service.
As per the agreement between the two companies, this service will be offered initially in the U.S. and Europe. This alliance is expected to benefit both large and small organizations who want to efficiently sell their goods and services over the Internet. Both companies are also collaborating on offering a low-cost, flexible subscription billing and recurring revenue management tool to the market. By working with clients across multiple industries and geographies the two companies will offer a solution that enables businesses to enter new markets quickly and manage complex pricing schemes.
In addition, this solution will also help businesses accelerate time to market, and optimize sales strategies to increase revenue and cash flow.
“We chose the Aria platform because it is an enterprise-class solution that automates the entire subscriber life cycle for all recurring revenue models,” said Mary Jo Morris, president, Technology and Consumer Group, CSC. “Our clients are increasingly processing transactions online and adopting business process solutions ‘as-a-service,’ and we are confident that the joint proposition we are providing with Aria will be instrumental in positioning their business for success.”
“We are investing together because the billing industry is primed for a transformation to cloud- based technology,” said Mike Morini, president and CEO of Aria Systems. “CSCs deep billing domain experience and their leading professional services network leverages years of industry best practices to optimize channel programs in the billing industry. Combined with the Aria platform, this allows us to rapidly deliver high-quality solutions to support mission-critical billing operations for global clients.”
By Anuradha Shukla