The finance platform for innovative business models
The first billing system with code written in future tense
Ordway wasn’t designed for how business was done in the past, but for how it is done today and how it will be done in the future.
Most billing and revenue systems are designed for how pricing and contracts were structured in the 2000s and 2010s. Product development teams at billing vendors wait until pricing models go mainstream before adding it to their roadmap and feature list. The problem with this approach is that entrepreneurs don’t want to be mainstream. They want to be the early adopters. They want to be on the front edge of the bell curve. That’s where Ordway comes in.
Ordway Product Suite
Ordway’s product suite supports all of today’s innovative pricing strategies and contract structures.
It also has the flexibility to adapt to new, emerging business models that haven’t been invented yet. With Ordway you feel confident that you can support whatever creative deal structures your sales team negotiates and respond to whatever new pricing trends emerge in the market.
Automate payment collection, aging reports, dunning and customer communications.
Track deferred revenue & standalone selling prices under ASC 606 & IFRS 15.
KPI reporting on MRR/ARR, net dollar retention, bookings, churn, renewals.
Reach a state of “Revtopia.”
Our goal is to liberate your finance team from mundane, repetitive tasks and make your billing and revenue recognition processes as effortless as possible.
At Ordway, we imagine a world where billing, revenue accounting, and investor reporting don’t require a twenty-tab spreadsheet and a small army of staff. We don’t think you should have to sacrifice nights and weekends to complete the monthly bill run and close the books. Signed sales orders should flow directly from the CRM and be automatically transformed into invoice calculations, revenue schedules, and quarterly reports.
Ordway powers the world’s most innovative business models.
FinTech providers enabling consumers to open up new bank accounts online in just a few minutes by using AI to perform fraud detection, credit and lending decisions.
Ushering in a new era of telemedicine with technology that enables patients to perform contactless registration, check-in, payments, and live video consultations.
EdTech platforms connecting university students with employers for internships and full-time roles or to train for careers in cybersecurity or software development.
PropTech firms leveraging IoT to monitor energy consumption in commercial office buildings and provide recommendations on how to reduce their carbon footprint.
Tech providers reimagining the restaurant experience with apps that automate ordering for home delivery, carry out, drive thru, or in restaurant dining.
MarTech providers enabling philanthropic and charity organizations to secure more recurring contributions and high dollar value donations from the community.
At Ordway we don’t do things the ordinary way.
Building software customers will love…
”Many technology vendors have a sales-driven culture. They overpromise and underprice their offerings to win deals and then perfect the art of resetting expectations during implementation. You won't experience that with Ordway. We have a culture of product excellence that is driven top-down. I spent 20 years in product management and product development roles, launching several multi-billion dollar offerings at some of the world’s largest finance and ERP vendors. I founded Ordway because I got frustrated at the lack of focus on product quality that many of my employers had and I wanted to do it right. At Ordway our goal is to build products our customers will love."
Designing an extensible platform…
”With Ordway, the product functionality you get isn’t limited to the features our developers have coded. We offer a ‘no code, low code platform’ that is configurable by our customers to offer extended capabilities. You can use our API to send usage data from your product directly to Ordway for real-time revenue visibility. You can create workflows to manage bespoke processes for your top 10 accounts. You can build custom reports that calculate ARR metrics the way your team defines them. You might think of Ordway as a Salesforce.com-like platform but for finance leaders. The benefit is that your growth won’t be constrained by Ordway. Whether you are expanding internationally, launching new products, or changing your business model, the Ordway platform can be configured to meet your needs."
Enabling the Recurring Revenue Revolution
”There’s a revolution going on in the world of revenue. It’s shifting from transactional to recurring. Investors from Wall Street to Sand Hill Road are putting their bets on companies that can consistently and predictably produce revenue growth. Recurring revenue is capitalism’s favorite business model.
The shift is happening in industries from media and entertainment to automotive and industrial manufacturing, but the biggest part of the revolution has been in the software and data center hardware industry over the past 20 years.
Our mission at Ordway is to empower and enable the finance and accounting teams at SaaS and cloud companies. Recurring revenue has introduced a new set of business processes the complexity of which has never before seen in financial operations."
Creating true partnerships with customers…
”Our goal with every account is to reach the 'true partnership' status model that is often sought, but rarely delivered in vendor-customer relationship. We invest heavily in training our own in-house professional services team as well as our implementation partners. They know the product inside and out, which enables us to jumpstart customer implementations. Most of our customers are generating invoices from our billing engine and closing their books on Ordway within 90 days. After go live, our customer success team continues to provide high-touch support as needed with new product launches, pricing changes, ERP upgrades, and capital raising efforts."