CSC and Aria Systems have teamed up to accelerate cloud subscription billing and recurring revenue management.

Under the agreement, CSC deployed the Aria Systems platform as the foundation of a cloud-based digital monetisation service, to be offered initially in the US and Europe.

The combined offering will offer large and small firms seeking to sell their goods and services over the Internet with an efficient way to monetize their products and services, while ensuring efficient integration into existing operations.

CSC’s consulting, systems integration and cloud technology leadership, combined with Aria’s platform, is expected to provide a low-cost, flexible subscription billing and recurring revenue management tool to the market.

The two companies will work with clients to offer a platform that enables businesses to manage complex pricing schemes, accelerate time to market, and optimise sales strategies to increase revenue and cash flow.

CSC Technology and Consumer Group president Mary Jo Morris said their clients are increasingly processing transactions online and adopting business process solutions ‘as-a-service,’ and they are confident that the joint proposition they are providing with Aria will be instrumental in positioning their business for success.

Aria Systems president and CEO Mike Morini said CSCs deep billing domain experience and their professional services network, combined with the Aria platform, allow them to deliver solutions to support mission-critical billing operations for global clients.

The Aria Subscription Billing Platform automates the entire subscriber life cycle for all recurring revenue models.