C-Suite
- Scale with flexibility
- Save money
- Trust revenue data
- Make timely decisions
Finance
- Create resilient process
- Accommodate sales' needs
- Eliminate errors
- Close the books quickly
Sales
- Design complex deals
- Automate CRM workflow
- Enhance customer experience
- Understand revenue insights
Customer Care
- Identify at-risk customers
- Resolve billing issues quickly
- Differentiate customer care
- Automate renewals
Billing and invoicing
Manage unique contracts, subscriptions, and pricing plans at scale
- Usage-based billing – makes pay-as-you-go simple
- Volume-based billing – assign variable pricing based on volume
- Discounts and promotions – apply special pricing based on customer needs
- Subscription management – support complex SaaS business models
- Automatic recurring billing – capture every billing option automatically
- View a full list of billing subscription contract management features
Payments and collections
Automate customer payment transactions and reduce aging receivables
- Integrate with major payment gateways like Stripe, CardConnect, etc
- Process payments automatically
- Accept checks, ACH, and credit cards
- Customize dunning workflows and use-expiry notifications
- Expedite credits and refunds
- View a full list of payments module features
Quotes, mid-contract changes, and renewal management
Eliminate data lag, make adjustments, and automate customer renewals
- e-Sign quotes by both parties
- Convert signed quotes to Ordway subscriptions
- Ensure accuracy of billing and subscription details
- Update, change, amend pricing and terms quickly for existing customers
- Automate creation of opportunity renewals in your CRM
Revenue recognition
Eliminate huge spreadsheets and move people to higher value activities
- Create separate billing and revenue recognition schedules
- Export summary and detailed journal entries to your general ledger
- Support ASC 606 accounting standard initiatives
- Close financial periods up to 90% faster in accordance with GAAP and IFRS accounting standards
- View audit trails of changes to transactions and invoices
- View full list of finance module features
Revenue insights
Make decisions faster with real-time revenue reports
- Create detailed ad-hoc reports on recurring revenues, customer movement, and churn based on customer cohorts
- Track MRR, ARR, and other revenue reports over time to visualize your customer mix
- View individual and aggregated customer revenue details through a “single pane of glass”
- View full list of Ordway dashboard features
CRM to general ledger integration
Maintain a single source of revenue truth
- Manage your multi-entity business through unified billing, revenue recognition, and revenue reporting
- Integrate with QuickBooks or other accounting or ERP systems
- Never think about taxes again through an Avalara integration
- “Close win” deals in SalesForce or other CRM software and automatically begin billing
- Configure automation via RESTful API, .CSV, or the Ordway interface
SOC 2 compliance
Security, availability, and processing integrity are the foundation
The Ordway billing and revenue automation platform’s SOC 2 audit verifies that an independent accounting firm reviewed and tested the company’s internal controls and confirmed that they meet the AICPA’s rigorous requirements for security, availability, and processing integrity.
