Resources Archives

Glossary I

Invoice Number

What is an Invoice Number? Why unique, sequential IDs matter for SaaS billing, payments & audits. Best practices + examples.

Ordway LabsJuly 30, 2025

B Glossary

Billing Waterfall

What is a Billing Waterfall? Learn how it automates invoice timing, payment allocation & ensures ASC 606 compliance. Simple guide.

Ordway LabsJuly 29, 2025

Glossary S

Subscription Upgrade

When a customer moves to a higher-priced plan or adds more features, seats, or services to their existing subscription.

Ordway LabsJuly 23, 2025

Glossary M

Monthly Recurring Revenue (MRR)

What is MRR in SaaS? Simple definition, calculation formula & how it differs from ARR. Track growth accurately with real examples.

Ordway LabsJuly 23, 2025

D Glossary

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 LabsJuly 23, 2025

Glossary N

Net Revenue Retention (NRR)

What is NRR? Step-by-step formula, benchmarks & 3 proven ways to improve it. Essential SaaS metric for investors & growth.

Ordway LabsJuly 23, 2025

A Glossary

Annual Recurring Revenue (ARR)

What is ARR in SaaS? Simple definition, calculation formula & real examples. Learn what counts (and what doesn’t) in ARR reporting.

Ordway LabsJuly 23, 2025

Glossary U

User Based Pricing

What is User-Based Pricing? How per-seat billing works, common pitfalls & how to scale revenue without leakage. Real SaaS examples.

Ordway LabsJuly 22, 2025

Technology

Merge.Dev Case Study

Merge's finance team gained better visibility into aging receivables and was able to accelerate cash flow using customized dunning workflows. Merge was also able to automate revenue recognition calculations, accelerating financial reporting and reducing its…