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finance leader viewing electronic bank account statements on laptop

Electronic Bank Statement Formats

machine-readable data files that banks deliver to enable automated reconciliation and cash application. Unlike PDF statements designed for human eyes, formats like BAI2, MT940, and ISO 20022 CAMT contain structured transaction data that accounting systems…

Steve KeiferAugust 20, 2026

Blog Revenue Recognition

Revenue Recognition Software: Best Practices for Procurement and Vendor Selection

Revenue recognition software automates one of the most audit-sensitive processes in finance, yet many companies buy it the same way they'd buy any SaaS tool: a few demos, a pricing comparison, and a signature. That…

Sameer GulatiAugust 19, 2026

two revenue accountants viewing deferred revenue waterfall on three monitors

Blog Revenue Recognition

What to Look for in Revenue Recognition Software: A Feature Guide

Automates the process of recording revenue in compliance with ASC 606 and IFRS 15—replacing spreadsheet-driven calculations with automated schedules, journal entries, and audit trails.

Sameer GulatiAugust 16, 2026

finance manager comparing subscription billing software to erp software at desk

Blog Subscription Billing

Subscription Billing Software vs ERP for SaaS in 2026

This comparison breaks down when subscription billing software outperforms ERP billing modules for recurring revenue workflows. Learn which approach fits your operational complexity and how Ordway automates the order-to-revenue cycle for SaaS finance leaders.

Sameer GulatiAugust 13, 2026

chart of metered usage for billing with high water mark

Blog Usage-Based Billing

What Is High Water Mark Billing and How Does It Work

Charges customers based on the highest usage recorded during a billing period, not the average or end-of-period count.

Steve KeiferAugust 10, 2026

accountant using calculator to write off bad debt

Accounts Receivable Blog

Bad Debt Write Off: How to Handle Uncollectible Accounts

An accounting procedure that removes an unpaid, uncollectible invoice from a company's balance sheet and recognizes the amount as a loss.

Steve KeiferAugust 7, 2026

business woman at desk reviewing list of negative invoices on print out

Accounts Receivable Blog Invoicing

What Is a Negative Invoice and When Should You Use One

A negative invoice is a billing document with a negative balance used to reverse a previous charge, process a customer refund, or apply a discount after the original invoice was issued. It decreases the total…

Steve KeiferAugust 3, 2026

tax compliance document on table with compass

Blog Invoicing

Continuous Transaction Controls How Real Time Tax Reporting Works

Continuous transaction controls (CTCs) are government-mandated frameworks that require businesses to submit invoice data to tax authorities in real-time or near-real-time, replacing the traditional model where compliance was verified through periodic returns and after-the-fact audits.

Steve KeiferJuly 30, 2026

business man with reporting currency chart in front of him

Accounting

The Difference Between Functional, Transactional, and Reporting Currencies

Functional currency reflects where an entity actually does business, transactional currency captures the currency of individual deals, and reporting currency determines how consolidated financials appear to investors and regulators.

Steve KeiferJuly 25, 2026

developer setting up multiple free trials to access free ai

AI Blog Subscription Management

How to Stop AI Free Trial Abuse Before It Costs You Revenue

Free trials drive conversions, but for AI companies, they also drive compute costs—whether or not the user ever pays. When bad actors create fake accounts to farm GPU resources, the economics flip: your free trial…

Steve KeiferJuly 22, 2026

The Ordway Blog

Recurring Themes

Electronic Bank Statement Formats

Revenue Recognition Software: Best Practices for Procurement and Vendor Selection

What to Look for in Revenue Recognition Software: A Feature Guide

Subscription Billing Software vs ERP for SaaS in 2026

What Is High Water Mark Billing and How Does It Work

Bad Debt Write Off: How to Handle Uncollectible Accounts

What Is a Negative Invoice and When Should You Use One

Continuous Transaction Controls How Real Time Tax Reporting Works

The Difference Between Functional, Transactional, and Reporting Currencies

How to Stop AI Free Trial Abuse Before It Costs You Revenue

See the industry’s most flexible billing and revenue automation platform in action.

Ordway Subscription Billing Software

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