SOURCE: Aria Systems

January 12, 2010 08:00 ET

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--(Marketwire - 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 Systems is the leader in on-demand billing and subscription management solutions. Since its inception in 2003 as the pioneer in SaaS billing, Aria has grown rapidly to manage millions of accounts in more than 236 countries and spanning a wide range of industries. The Aria Billing and Subscription Management Platform is the industry's most reliable, flexible and scalable on-demand platform for organizations looking to accelerate revenue capture while significantly reducing operating costs. Aria Systems also leads the market in security and compliance as the only vendor to have achieved both SAS 70 Type II certification as well as PCI DSS Level 1 compliance for the entire billing management process. Aria's team is comprised of industry veterans that have managed multi-billion dollar billing operations supporting millions of end user subscribers. For more information about Aria Systems, visit http://www.AriaSystems.com or call 1-877-755-2370.

Contact Information

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