Aria Press Release

Back to the Media Center | Back to the Press Release Archive

GoalSpring Deploys Aria Billing and Subscription Management Platform for Flagship Product

Innovative Financial Management Company Saves $400,000 Annually With Leading SaaS Billing Platform

MEDIA, PA - January 12, 2010 - Aria Systems, Inc. (http://www.AriaSystems.com), the leading provider of on demand billing and subscription management solutions, today announced that GoalSpring, an innovative provider of online debt management solutions, has deployed the Aria Billing and Subscription Management Platform to manage revenues and billing. GoalSpring expects to save $400,000 annually by using Aria’s SaaS billing solution instead of creating a home-grown solution to manage the lifecycle of its subscribers.

GoalSpring’s flagship website, DebtGoal.com, provides unique debt management capabilities for consumers looking to get out of debt and reduce costs associated with carrying debt. Recent financial uncertainty has only increased consumers’ focus on reducing debt, with many consumers citing debt reduction as their #1 financial goal. GoalSpring’s first product, DebtGoal, makes paying down debt as easy and efficient as possible. DebtGoal is an online service that takes into account all of a customer’s debt (credit cards, student loans, car loans and mortgages) and helps them organize, optimize and pay-down their debt. DebtGoal.com has quickly grown to more than 20,000 active users.

GoalSpring is utilizing the increasingly-popular “try and buy” subscription model, where consumers are given an opportunity to test the offering during a free trial period before committing to the paid service. The Aria Billing and Subscription Management Platform supports the “try and buy” model for GoalSpring by enabling everything from initial registration through activation and account management, to billing for paid premium service, all using a PCI DSS Level 1-compliant platform with integrated reporting and analytics.

GoalSpring evaluated other SaaS billing solutions and ultimately chose Aria because Aria provided a more complete and mature solution, capable of supporting GoalSpring’s numerous, sophisticated pricing programs. Aria was also able to deliver integrated reporting and analytics that didn’t depend on an external, third-party application to provide business visibility into revenues as well as subscriber adoption and conversion.

“GoalSpring is addressing an enormous market opportunity and we needed a turnkey solution that addressed the complete lifecycle of billing with integrated reporting and analytics and Aria was the only vendor that could provide it,” said Scott Crawford, CEO of GoalSpring. “Working with Aria allowed us to quickly deliver a solution that supported our business model and saved us hundreds of thousands of dollars over building it ourselves.”

“More and more organizations are recognizing that managing the lifecycle of a subscriber involves a lot more than invoicing,” said Ed Sullivan, CEO of Aria Systems. “DebtGoal’s pricing models are a great example of how Aria’s platform can deliver value throughout the entire cycle from trial period to paid subscriptions to renewals and upgrades.”

About Aria Systems

Aria is the market leader in subscription and recurring billing solutions. Since 2003, Aria has managed over one million accounts in more than 195 countries. Aria’s Billing Platform is the billing industry’s most reliable, flexible and scalable on demand tool for accelerating revenue capture while significantly reducing operating costs. Additionally, having achieved end-to-end Level 1 PCI Compliance and SAS70 Certification, Aria Systems leads the market in security and compliance. Backed by Hummer Winblad Venture Partners, Venrock Associates and Dave Labuda, Founder and former CEO of Portal Software, Aria’s team of SaaS and billing experts are part of a company that billed over 2.5 million customers for $1 billion a year in transactions. Aria Systems is headquartered in Media, PA (metropolitan Philadelphia) and has offices in the San Francisco Bay Area (San Mateo, CA). Aria Systems has been ranked as the 5th fastest growing, privately held company in the Philadelphia region by the Philadelphia 100. For more information about Aria Systems, visit http://www.AriaSystems.com or call 1-877-755-2370.

Media Contacts

Joy Larkin
Marketing Director
jlarkin@ariasystems.com
484-234-8000 x226
http://www.AriaSystems.com
http://twitter.com/betterbilling

Tony Keller
Vice President
SS|PR
O: 847-415-9329
C: 847-421-1477
.(JavaScript must be enabled to view this email address)