We are excited to be able to announce that Ordway has been recognized by the 2020 Stratus Awards for Cloud Computing. This award highlights companies and individuals disrupting industries with innovative technologies, and that’s exactly what we’re aiming to do at Ordway.
Our team is on a mission to help companies compete on a global scale through the Ordway platform. Today, I’m proud to announce our release of multi-entity billing and revenue management which means businesses can expand internationally with ease.
As your business grows, the last thing you want to worry about is if your finance stack will scale with you. I commissioned our team to leapfrog the limitations of legacy software and find solutions to multi-entity support that historically were only available to the Enterprise. Historically, only costly and clunky legacy ERP software could support multi-entity companies with their billing and accounting needs. This translated into manual workarounds and spreadsheets and hundreds of thousands spent on software fees and professional services, placing a drag on even the most nimble companies.
Today, companies can run their business units independently and still unify billing, revenue schedules, and reporting within one system on the Ordway billing and revenue automation platform.
We’re very excited to announce that the Ordway billing and revenue automation platform is a 2020 TiE50 Winner in the prestigious TiE50 Awards Program. This ten-year old awards competition is a program of TiEcon, the world's largest conference for tech entrepreneurs.
We are thrilled to announce our next-generation billing and revenue automation platform has successfully completed an audit established by the American Institute of Certified Public Accountants (AICPA) to certify its SOC 2 compliance. This audit means we have the controls necessary to deliver enterprise-quality software for our global customers. Our clients can rest knowing their order-to-revenue workflow is underpinned by the highest quality standards.
I’m excited to join Ordway as head of Sales because in my 30 year career I’ve often been hampered in my ability to serve the needs of my customers, chiefly because the Finance team couldn’t support an ideal commercial relationship.
When we launched our billing and revenue automation platform to the world 18 months ago, I set high expectations for the founding team. Transforming the way sales and finance teams work together to modernize their business models is no small undertaking.
With customers around the world in industries including software development, healthcare, logistics, performance management, manufacturing, and finance, we’ve witnessed transformation first hand. Building on this foundation, today I’m excited to announce we’ve raised a $10M Series A led by CRV and joined by Clocktower Ventures, Lerer Hippeau, and Revolution’s Rise of the Rest Seed Fund.
Washington DC – November 7, 2019 – Ordway, a billing and revenue automation platform for scaling companies, is pleased to announce that Founder & CEO Sameer Gulati has been selected to present at the SaaSNorth Conference in Ottawa, Canada. Gulati will participate in a panel session titled “Your Winning Product Playbook,” scheduled for Wednesday, November 27th.
“Listening to customers is key, but so is a vision to fundamentally improve the way organizations and people run their businesses.”
Topics: press release
Washington, DC – August 27, 2019 – Ordway, a billing and revenue automation platform for scaling companies, today announced it has partnered with Avalara, a leading provider of tax compliance automation for businesses, to offer an optional Avalara AvaTax integration to its customers. As a result of this partnership, Ordway customers can now choose Avalara’s AvaTax to more accurately calculate applicable taxes, fees, and surcharges for every billing line item, in real-time.
Topics: press release
The Cloud Awards program celebrates success and innovation in the cloud computing industry. The organization annually recognizes companies of all sizes from around the world.
“We see being named a Cloud Awards finalist as a testament to the quality of our team and platform. It is also a tribute to the fact we are solving real issues for our customers,” said Sameer Gulati, CEO of Ordway. “It’s always nice to be recognized by peers and the Cloud Awards follow Ordway being named part of the DC’s 50 on Fire and a DC Red Hot Company.”
"Our business experienced tremendous growth and change during 2018,” said Shirish Verma CFO at Play Octopus | Spotluck. “The Ordway platform was flexible and powerful enough to seamlessly handle the complexity of our evolving operations. It gives us peace of mind about billing so we can focus the lion's share of effort on scaling our business."
Cloud Awards organizer Larry Johnson said, “Each entrant was worthy of a place on the shortlist, so making this cut signifies considerable focus on innovation and success. This year, the judges have had a more difficult time than ever in deciding which entrants should move forward to the next stage, and every submission displayed unique points of merit.”
Ordway is redefining how growing businesses approach billing and finance operations via its billing and revenue automation platform. Built by a team that helped design much of world’s cloud-based financial billing and ERP systems, Ordway modernizes the end-to-end billing process and eliminates the need for error-prone spreadsheets, manual accuracy checks during the monthly close process to ensure compliance to GAAP & IFRS, and time-consuming invoicing. Designed with the flexibility that today’s customers demand, and optimized to guide organizations during their growth phase, Ordway smartly manages a business’ most complex customers. Explore the platform at http://www.ordwaylabs.com.
WASHINGTON, DC — June 20, 2018 — Ordway, a billing and revenue automation platform for growing companies, today announced that Lerer Hippeau, Founder Collective, Middleland Capital, and Revolution’s Rise of the Rest Seed Fund are investing $2.5 million in the company to scale its operations. Led by Sameer Gulati, a SaaS veteran at the epicenter of billing and ERP systems’ evolution for the past 18 years, Ordway is transforming how organizations can more efficiently handle billing for their most complex customers.