ARIA-SYSTEMS

Aria Systems SaaS billing / revenue recognition.

Definition

Aria Systems Inc. (Concord CA, founded 2003, ~$80M cumulative funding Hercules Capital + Bain Capital + Venrock + Madrona + InterWest + others) is an enterprise subscription billing + revenue management platform focused on Tier1 enterprise customers (AAA + Adobe + Comcast + Falck + Pitney Bowes + Sage + Telstra + UnitedHealthcare + multiple), specialized in complex enterprise scenarios + global multi-country deployments + multiple billing models (subscriptions + transactional + hybrid), competitor of Zuora + Vindicia + other Tier1 enterprise vendors. Platform + workflow detail integration ERP + CRM + general ledger + subscription lifecycle management + plans + pricing + dunning + collections + revenue schedules + accounting + multiple deployments enterprise + SMB customers; native integration Salesforce + NetSuite + SAP + Workday + multiple accelerating SaaS Subscription Economy 2020s+ adoption.

Origin

Aria Systems founded 2003 Concord CA ; ~$80M cumulative funding ; Tier1 enterprise focus 20+ years.

Example in context

Telecom carrier Telstra Australia uses Aria Systems platform: ~10M+ subscribers + complex enterprise scenarios (consumer + business + enterprise + government + ITES customers all different billing arrangements), Aria handles unified billing + ASC 606 + IFRS 15 revenue recognition + multi-country localizations + integration legacy + modern ERP systems.

Related terms

• Zuora Billing — competitor enterprise.