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Fix Your Broken Billing System to Grow Recurring Revenue

Consumers today demand more personalized and tailored offerings than ever before. A broken billing system can hinder success in today’s hypercompetitive environment as consumption and behavior patterns are rapidly changing. You can resolve broken billing with the right monetization platform. Check out this presentation to understand how Aria’s Cloud Billing and Active Monetization Platform can help grow recurring revenue, customer satisfaction and your business.<br>Download the complete ebook to transform your billing system http://info.ariasystems.com/billing-is-broken.html

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Fix Your Broken Billing System to Grow Recurring Revenue

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  1. Turn Your Broken Billing System into a Modern Monetization Platform

  2. The New Normal: Continual Disruption Hypercompetitive Environment Purchasing and consumption patterns are changing Customers are demanding more personalized offerings Business models are moving from product to service-based Anytime, anywhere access from any device The cloud is powering change

  3. How Can You Tell if Your Billing System is Broken? Revenue leakage Inability to manage recurring revenues, opportunities, offers, and quick time-to-market Unclear about customer wants and needs Issues that prevent you from maximizing your recurring revenue 80 Billing complaints Data silos give conflicting information, resulting in a fragmented customer view

  4. A Modern Monetization Platform Allows You to Better Convert Assets into Recurring Revenue Sell the same assets in multiple ways Incumbents: Gain nimbleness Support multiple recurring revenue models Start-ups: Forge out of the box business models Minimize churn and grow customer lifetime value Connect customer demand with tailored offerings

  5. Litmus Test to Review the Effectiveness of a Monetization Platform Extensible product catalog Monetization and pricing flexibility Transaction proration Security compliant Integrated Configurable

  6. Monetization Done Right Can Change the Shape of Your Sales Funnel Opportunity A Better Way to Monetize Engage Recurring Customers Closed Typical Sales Funnel Grow Recurring Revenue

  7. The Right Monetization Platform Helps Start-ups and Innovators • Flexible business models (e.g. Uber, Roku) can disrupt established players • New value added services can be easily monetized • Competitive advantage gained through business agility and responsive monetization • Agile systems can scale • Cloud-based services offload processes so start-ups can focus on selling

  8. The Right Monetization Platform Helps Established Players • Link together customer info residing in silos • Move away from slow moving legacy practices and brittle systems • Gain efficiency and scale • Smoothly run promotions • Accelerate time-to-market up to 40% by 2020

  9. The Right Monetization Platform Resolves Broken Billing • Dynamic catalog • Flexible pricing • Promotions • Entitlements • Parent/Child • Customer history • Agile billing • Secure payments • Dunning • MRR/ARR • Rev rec • GL integration Product Management Customer Management Billing Management Financial Management Active Orchestration of Revenue Moments Platform APIs | Connectors | SDKs | Reporting INTEGRATIONS

  10. Take This Quiz to See if You Need a New Billing Solution Are your competitors going to market with new offerings faster than you? 2 Does your billing system constrain the services and pricing you can offer? 1 3 Is your view of customers fragmented? Do your customers complain about the billing experience? 4 Are you unknowingly giving products away or charging the wrong amount (revenue leakage)? 5

  11. If you said “YES” to more than one DOWNLOAD WHITEPAPER

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