Ordway
Billing and Revenue Automation
Overview
Ordway is a billing and revenue automation platform designed for growing businesses with complex, innovative business models. It helps companies automate the entire quote-to-cash process, including billing for subscriptions and usage-based pricing, managing revenue recognition under ASC 606, and reporting key investor metrics like ARR and NDR.
✨ Key Features
- Complex & Usage-Based Billing
- Subscription Management
- Automated Revenue Recognition (ASC 606)
- Investor Metrics Reporting (ARR, NDR, LTV)
- Invoicing & Collections
- Self-Service Portal
🎯 Key Differentiators
- High degree of flexibility to handle any contract term
- Strong focus on automating both billing and revenue recognition
- Built-in, accurate reporting of key investor metrics
Unique Value: Eliminates reliance on spreadsheets for complex billing and revenue schedules, providing a scalable and auditable system of record.
🎯 Use Cases (4)
✅ Best For
- Managing contracts with complex terms like ramps and multi-year schedules
- Automating revenue recognition for usage-based contracts
- Generating board-ready reports on key SaaS metrics
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Very early-stage startups with simple, flat-rate billing
- Large enterprises requiring a full ERP suite
🏆 Alternatives
More flexible in handling bespoke, complex contract terms than many off-the-shelf subscription platforms.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (Available tier)
🔒 Compliance & Security
💰 Pricing
✓ 14-day free trial
Free tier: N/A
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