We are thrilled to announce Ordway 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.
Ordway’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. In this case, we worked closely with Aprio, LLP, a nationally recognized, CPA-led business advisory firm to conduct the audit. We’re proud to say that Ordway achieved this accreditation!
Security, availability, and processing integrity are foundational for a billing and revenue automation platform
The Ordway platform provides critical functionality such as revenue recognition, subscription billing, and accounts receivable. By taking on such an important set of processes for your business, the Ordway system has to operate with utmost accountability to you and your stakeholders. The best way for us to do this is through a combination of our new approach to order-to-revenue automation, and our demonstrated control set, which ensures we are operating effectively.
Ordway’s CTO is always reminding us that keeping our customers’ data safe and secure is our highest priority. That is why he and the team instrumented a set of software development controls that mitigate risk and produce innovative, agile, and turnkey solutions for our customers.
That said, it isn’t just about software development. It comes down to an organizational mindset, from the top to the bottom, that is constantly aware of potential risk and striving to reduce or eliminate risk in all forms. Many of our Ordmates (what we call each other) who focus on tasks ranging from customer success to sales engineering come from “the Big 4.” As a result, controls, risk mitigation, and integrity are ever present in everything we do.
Today’s SOC 2 attestation is just one more step towards achieving our goal of empowering Ordway customers to say ‘yes’ to more business, eliminating unforced errors, moving 70% of people off billing, closing the books up to 90% faster, and making decisions quickly with accurate revenue insights.
