Ordway is a smart billing and revenue automation platform for scaling businesses that simplifies how companies price products, send invoices, collect payments, and recognize revenue. The cloud-based platform removes manual workarounds in the accounts receivable and revenue recognition functions and sits between an application/CRM and accounting system. The platform allows SMB companies to automate “sale-to-revenue” such that when a sales team signs up a new client and "close wins" an opportunity, customers can set up one-click invoicing and provisioning of future renewals to accomplish visibility and accuracy of future revenue. The platform generates accurate revenue schedules and finance teams can define custom revenue recognition templates.
Ordway is a smart billing and revenue automation platform for scaling businesses that simplifies how companies price products, send invoices, collect payments, and recognize revenue. The cloud-based platform removes manual workarounds in the accounts receivable and revenue recognition functions and sits between an application/CRM and accounting system. The platform allows SMB companies to automate “sale-to-revenue” such that when a sales team signs up a new client and "close wins" an opportunity, customers can set up one-click invoicing and provisioning of future renewals to accomplish visibility and accuracy of future revenue. The platform generates accurate revenue schedules and finance teams can define custom revenue recognition templates.
Specifications
Business Size
Startup
Deployments
Cloud
Language Support
English
Platforms
Product Details
Features
API
Automated Billing
Billing Portal
Contingency Billing
Customizable Invoices
Discounts & Promotions
Dunning Management
Dunning Workflow Management
Hourly Billing
Invoice History
Mobile Payments
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Subscription Management
Tax Calculator
Volume-based Billing
Benefits
Ordway comes with a standard and customizable dashborad
Ordway comes with a standard and customizable dashboard that allows users to create reports on customer movements, churn, and recurring revenues.
The solution provides a finance module with functionrad
The solution provides a finance module with functionalities such as access aging reports, revenue recognition rules, audit logs, and more.
Access the growth of customers
Ordway allows users to access the growth of customers with metrics including active customer count, revenue tracker, number of contracts, and renewed projects.
Configured based on customer requirements
The platform can be configured based on customer requirements with capabilities such as payment processing options, wire transfers, and refunds.
Automatically starts billing
The solution automatically starts billing when users close deals in third party applications such as Salesforce.
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