Billing, revenue recognition, and investor KPIs
Subscriptions, usage-based pricing, and other recurring revenue models.
Ordway powers the most important process in your business.
Converting signed sales orders into cash to run your business and reporting on the success to investors to grow your valuation. Ordway captures contract details from your CRM then uses the product and pricing details to generate invoices. Accounting journal entries are created in Ordway’s revenue sub ledger and can be published to your ERP/GL.
Built for today’s innovative pricing and contract structures
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Rev up your “In-Gen”
Automate invoice generation for all types of pricing models and contract structures.
Cash in faster
With our flexible payment options and automated workflows you can automate routine accounts receivable processes.
Receive funds via cards, ACH, wire transfers, and checks.
For renewals, past due, and failed payment scenarios.
Empower users to check balances, download invoices.
Accounting for the future
Track deferred revenue for as-a-Service contracts and recognize revenue using ASC 606 or IFRS 15 accounting with support for:
With Ordway’s Revenue Recognition you can comply with US GAAP and international accounting standards, replace spreadsheets with software-based calculations, reduce audit risks, costs, and delays.
Get your raise faster
Respond faster and with higher accuracy during your next capital raise. Report to investors on key metrics driving the growth of your business including:
Booking and revenue
ACV/TCV, ARR/MRR, and growth rates.
Churn and retention
Net Dollar Retention, renewals, and cancellations.
Customer counts and average revenue per account.
With Ordway’s Investor Metrics you can increase responsiveness during fundraising, board prep, or M&A transactions; reduce errors to avoid embarrassing mistakes with new or existing investors; and run the business with a single source of truth for customers, bookings, and renewals.