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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
Advance Billing Credit Memo vs Debit MemoAGlossary

Advance Billing

Advance billing is the practice of invoicing customers before the service period begins. It’s common in SaaS where subscriptions are billed annually or quarterly upfront.
Ordway
July 8, 2025