SAN FRANCISCO, CA--(Marketwired - Sep 9, 2015) - Aria Systems, which helps enterprises grow recurring revenue, today launched Aria Revenue Analytics, a powerful business analytics technology fully integrated into its #1-ranked billing and active monetization platform. Now, for the first time, businesses can take advantage of built-in, enterprise-grade revenue analytics from a cloud-billing provider. Enterprises will now be able to leverage Aria's out-of-the-box solution to deliver contextualized insight into how a recurring revenue business is performing at every level. This new capability allows enterprises to optimize all the components of their recurring product lines, such as pricing, packaging, bundling and workflow rules, ultimately driving higher customer lifetime value (CLV) for recurring revenue businesses.
Along with the growth of enterprise recurring revenue initiatives comes an increased need to quickly and easily measure, analyze and take action. Unlike add-on solutions, Aria Revenue Analytics is included in the Aria platform and ready for turnkey immediate client use. Pre-built dashboards, analytics and operational reports are instantly available, without the hassle of switching between consoles or screens. Aria Revenue Analytics leverages Microstrategy's leading business intelligence technology and seamlessly embeds it within the Aria platform.
Aria clients can now quickly assess the health of their enterprise-scale recurring revenue businesses and immediately act upon revenue-generating opportunities. Moreover, Aria's customers are able to seamlessly integrate Aria's Revenue Analytics directly into their existing enterprise data warehouses and BI solutions. Aria's Revenue Analytics provides comprehensive, scheduled and on-demand data extract capabilities.
"Executives across the business -- from CFOs to sales leaders and brand managers want insight into core operating data like backlog, MRR, churn and usage. Analytics and reporting aren't custom add-ons to an agile monetization platform -- they are integral components," noted Andrew Dailey, Managing Director of MGI Research.
Initial trials have taken advantage of Aria Revenue Analytics for significant projects, including determining the target customer cohorts for a new mobile phone feature, and creating the best mix of product offerings tailored to different European countries and regions.
"We've seen huge demand for analytics tools that are specifically tailored to the unique requirements of recurring revenue businesses," said Ted Brookbank, senior vice president of Advanced Technology Group, a leading integrator of billing solutions. "But current solutions require a lot of custom work to make them applicable for recurring revenue businesses. Incorporating prebuilt and configurable analytics into the billing platform means companies can get the reports they need with a fraction of the time and hassle."
"Data is always better with context," said Adeeb Shanaa, SVP Products & Engineering of Aria Systems. "By including this intelligence in the Aria stack, our clients have the insight needed for continuous business innovation in the ever shorter time periods required to build competitive advantage and market leadership."
About Aria Revenue Analytics:
Aria Revenue Analytics is purpose-built for recurring revenue with tools that deliver customers relevant insights into key performance indicators (KPI's), providing context needed to better satisfy their customers with products and services that grow their business. Reports are completely customizable and can be filtered by any business attribute including: account hierarchy, revenue amount and type, geography, time period, account status, type of service, etc.
Aria Revenue Analytics is fully managed by Aria and includes the following components:
- Dashboards are interactive and can be customized via filters and visualization options
- Prebuilt analytic categories that include: Revenue and Churn, Finance, Marketing, Payment and Usage
- Analytic Reports retrieve summarized and time series trend data and can incorporate complex calculations, cohorts and attributes
- Operational Reports include 70 pre-configured operational reports, covering invoicing, payments, transaction and usage
- Data Integration Reports provide large volumes of data in character-delimited files for external systems
- Custom Reports and Dashboards are easily created with an interactive wizard so team members can quickly build reports from existing assets or from scratch
Aria Revenue Analytics is available as part of the Aria Billing and Active Monetization Platform. For more information visit www.ariasystems.com. Aria Systems will be demo'ing Aria Revenue Analytics at Dreamforce 2015 at booth #N1223.
About Aria Systems
Aria, the number-one ranked cloud billing provider, helps enterprises monetize and grow recurring revenue at scale. Proven by the world's most demanding businesses, including AAA NCNU, Constant Contact, Falck, Hootsuite, Pitney Bowes, Telekom Denmark, and VMware, Aria's billing and active monetization platform helps enterprises modernize their revenue operations with a better way to manage offers, customer accounts, billing and financial processes. With Aria, enterprises get to market faster with a wider variety of products and services, retaining more customers and maximizing lifetime value. To learn more visit www.ariasystems.com.
Aria Systems and the Aria logo are trademarks of Aria Systems, Inc. All other trademarks are the property of their respective owners.
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