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Account Hierarchy Dictionary with SaaS finance terms in speech bubbles aboveAGlossary

Account Hierarchy

What It Means (Simple Explanation) Account hierarchy refers to the structured relationship between multiple customer accounts or sub-accounts within a parent organization. It enables SaaS companies to manage sales, customer success, billing, contract commitments, accounting,…
Ordway
July 30, 2025
Invoice Number Dictionary with SaaS finance terms in speech bubbles aboveGlossaryI

Invoice Number

What It Means (Simple Explanation) To the average person the invoice number is just that—a number stamped on a bill. But in SaaS finance, it's more than a label. It's how billing systems keep track…
Ordway
July 30, 2025
Subscription Upgrade Dictionary with SaaS finance terms in speech bubbles aboveGlossaryS

Subscription Upgrade

What It Means (Simple Explanation) A subscription upgrade is when a customer moves to a higher-priced plan or adds more features, seats, or services to what they’re already paying for. It’s a sign they’re getting…
Ordway
July 23, 2025
Deferred Revenue Dictionary with SaaS finance terms in speech bubbles aboveDGlossary

Deferred Revenue

What It Means (Simple Explanation) Deferred revenue is money you’ve been paid—but haven’t earned yet. If a customer pays upfront for a year, you can’t call it revenue right away. It sits as a liability…
Ordway
July 23, 2025
User Based Pricing Dictionary with SaaS finance terms in speech bubbles aboveGlossaryU

User Based Pricing

What It Means (Simple Explanation) User-based pricing means customers pay based on how many users or seats they have. The more users they add, the more they’re billed. It’s one of the simplest and most…
Ordway
July 22, 2025