|By Business Wire||
|May 27, 2014 10:01 AM EDT||
Zuora, the subscription billing, commerce and finance leader, today announced that Z-Business, Zuora’s flagship product, has won an SIIA CODiE Award for Best Subscription Management Solution.
The Software & Information Industry Association (SIIA), the principal trade association for the software and digital content industries, announced Zuora’s win for the 2014 CODiE Award for Best Subscription Management Solution. An SIIA CODiE Award win is an especially prestigious honor as each award winner was reviewed by a field of industry experts, whose evaluations determined 125 finalists. SIIA members then reviewed the finalists and voted to select this year’s CODiE Awards winners.
Zuora was founded on the belief that companies across diverse industries are realizing that the future growth lies in recurring revenue business models anchored on long term customer relationships. But when these businesses decide to adopt these new business models, they often find that their core ERP systems were not designed to meet the demands of relationship-centric recurring revenue streams.
A new breed of solutions, called Relationship Business Management, are needed to augment ERP and remove road-blocks to business model innovation.
Z-Business is the world’s first Relationship Business Management Solution. It was designed to manage the business operations of relationship-centric subscription companies just as ERP has done for manufacturing companies.
Z-Business is built with the goal of addressing the unique challenges faced by enterprises embracing the Subscription Economy. It contains a broad set of capabilities that span:
- multi-channel relationship commerce
- recurring billing coupled with global payments
- recurring revenue management
Z-Business was designed to meet the quote-to-revenue demands of relationship-centric revenue streams; integrates seamlessly into existing CRM and ERP applications; and delivers the highest security, scalability, audit and compliance standards demanded by global enterprises.
“At Zuora, our team is committed to product excellence and we take pride in having developed a product that gives businesses – whether pre-IPO growth companies or the world’s largest enterprises – the tools they need to launch and scale any subscription service, quickly and affordably,” said Guillaume Vives, Sr. VP of Product Strategy and Product Management at Zuora. “We are honored to receive this prestigious industry recognition as a winner in the SIIA CODiE Award program.”
“SIIA’s 2014 Software CODiE Award winners’ have some of the most innovative, high-impact software products and services in the market,” said SIIA Vice President for the Software Division, Rhianna Collier. “We congratulate all of this year’s CODiE Award winners and thank them for the contributions they have made to the software and services industry.”
Z-Business was also named a finalist in two other SIIA CODiE Award categories in 2014: Best eCommerce and Billing Platform and Best Commerce Solution. Zuora’s Z-Billing application was named a finalist in the category of Best Software-as-a-Service in 2010. Zuora was the only billing and subscription commerce solution to receive the honor at the time.
For more information about the CODiE Awards, visit http://www.siia.net/codies.
Zuora’s third annual Subscribed event, the only conference uniquely designed to help business leaders in finance, IT, marketing, operations and sales embrace subscription models to transform and modernize their businesses, will be taking place June 2-4, 2014 at The Westin St. Francis in San Francisco, CA. This year’s event will focus on The Disruption of Everything, and will showcase the dramatic shift in the way both consumers and companies want to do business in which they subscribe to services rather than buy products. New this year is an exclusive Enterprise track focused on the opportunities and challenges that are unique to transforming large global enterprises. In addition to Zuora CEO Tien Tzuo, notable speakers include:
- Andy McAfee, Principal Research Scientist, MIT Sloan School of Management, and author of Race Against the Machine and The Second Machine Age
- Mike Kail, CIO, Netflix
- David Wadhwani, Senior Vice-President and General Manager, Adobe
- Allison Mnookin, VP & GM, Intuit
- Thomas Salmen, CTO, Telecom New Zealand
- JB Wood, CEO, Technology Services Industry Association (TSIA), and author of Consumption Economics and B4B: How Technology and Big Data Are Reinventing the Customer-Supplier Relationship
- Alan Parsons, The Alan Parsons Project
For more information on Subscribed 2014, visit: http://www.subscribed.com/san-francisco/
About Zuora, Inc.
Zuora is the global leader in Relationship Business Management solutions, helping companies in every industry transition to the Subscription Economy. Enterprise leaders and high-growth companies alike use Zuora's multi-tenant cloud platform to launch, scale, and monetize their subscription services. Zuora's applications work where traditional ERP applications fail: Subscription pricing, quoting, orders, billing, payments, and renewals. Built from the ground up by SaaS industry veterans from salesforce.com, PayPal, and Netsuite, Zuora services innovative customers like Informatica, Tata Communications, Box, Xplornet, Ustream and Reed Business Information. To learn more about Zuora, please visit zuora.com.
The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development, corporate education, and intellectual property protection to more than 700 leading software and information companies.
The SIIA Software Division provides a forum for companies developing the applications, services, infrastructure and tools that are driving the software and services industry forward. For further information, visit www.siia.net/software
About the SIIA CODiE™ Awards
The SIIA CODiE™ Awards, originally called the Excellence in Software Awards, were established in 1986 by the Software Publishers Association (SPA), now the Software & Information Industry Association (SIIA), so that pioneers of the then-nascent software industry could evaluate and honor each other’s work. Since then, the CODiE Awards program has carried out the same purpose – to showcase the software and information industry’s finest products and services and to honor excellence in corporate achievement.