--- title: "Flexible Billing Software for SaaS & Subscription Models | Ordway" description: "Tired of billing errors? Automate complex SaaS pricing (recurring, usage, tiers) & get paid faster. Streamline your quote-to-cash. Start free demo!" url: "https://ordwaylabs.com/products/billing-software/" type: "Page" publisher: "Ordway" language: "en-US" published: "2022-02-03T17:32:41+00:00" updated: "2025-12-19T15:56:30+00:00" --- # Flexible Billing Software for SaaS & Subscription Models | Ordway ## Billing Software ## Invoicing for “as-a-service” business models [Get a Demo](/get-demo/) ## Billing software for today’s innovative pricing models and contracts ### Product and price catalog Model all your product offerings, packaging configurations, and price promotions. Keep synchronized with your CRM. ### Recurring and one-time charges Bill a [flat monthly subscription fee](/products/subscription-billing-software/) or calculate variable fees based upon billable hours, [usage](/products/usage-based-billing-software/), or a percentage of transaction value. ### Rating engine Compute charges based upon metered consumption. Apply overage fees and rollovers. Prepaid credits, free units, and monthly minimums. ### Prorated charges Auto prorate charges for mid-contract changes (upsells and cross-sells) that change products, price, term, or billing schedule. ### Taxes & currency Compute VAT, GST, or sales/use tax for various national, state, and local jurisdictions. Apply currency conversions based upon FX rates. ### Invoice generation Customized invoice designs to match your brand identity. Include subscription and usage details. Show the math behind calculations. ## Flexible to support trillions of billing combinations ### Contract types New Order Upgrade Downgrade Renewal Cancellation ### Price promotions Freemium Free Trials Discounts Free Credits Ramp Up Pricing ### Billing timing Bimonthly Monthly Quarterly Semi-Annual Annual ### Invoice frequency First Day Last Day Anniversary Event Triggered Threshold Driven ### Charge types Discounts Coupons Uplifts Refunds SLA Credits ## Put your billing on auto pilot ### Scale revenue and customers without adding FTEs ### Move away from spreadsheets and manual processes to automated billing software. **Automate:** * **[Subscriptions](/products/subscription-billing/)** with multiple tiers and feature add-ons * [**Usage based billing**](/products/usage-based-billing-software/) with spend commits or prepaid credits * **Contract changes** with mid-month pro-rations * **Consolidated billing** and split billing arrangements’ * **Revenue sharing** and partner commissions ## Custom designed invoice templates ### Present a branded customer experience for billing ### Generate invoices as well as **estimates**, **pro forma invoices**, **statements,** **credit memos, and other customer-facing documents**. #### Custom templates Match your brand identity by adding your organization’s logos, fonts, and colors. #### Calculation formulas Show the math behind the calculations. Display the formulas, inputs, and rating tables. #### Invoice fields Include PO number(s), contact info, bank payment instructions, marketing promotions, or attention fields. ![branded-customized-invoices](/wp-content/uploads/2022/02/Branded-Invoice-Estimate-2.svg) ## Billing software designed for subscription and recurring revenue models ### Usage-based billing software #### For metered consumption. * **Pricing models:** Bill for volume, tiered, stair step, and other usage-based billing models. * **Contract structures**: Pay-as-you-go, pre-paid credits, monthly minimums, and spend commitments. * **Credit balances**: Track pre-paid units. Apply rollovers and expiration rules. Trigger replenishments. [Learn More](/products/usage-based-billing-software/) ### Subscription billing software #### For fixed monthly fees. * **Pricing models:** Per user per month, multiple tiers, and other value metric models. * **Contract structures:** Free trials, freemium, discounts, credits, cash back and waivers. * **Credit balances:** Prorate for new line items, price changes, and term extensions. [Learn More](/products/subscription-billing-software/) Designed for customer growth ## Pro-ration for mid-contract changes ### Automate **upgrades**, **downgrades**, **cancellations**, **migrations** and **reactivations**. #### Line-item changes Apply changes to products, prices, discounts, and quantities to invoices at a line-item level. #### Contract and end dates Adjust billing to be co-terminus with existing contract schedule or newly executed contracts. #### Prorated calculations Calculate partial period charges for current, future, or historical billing periods. ![calendar illustrating mid-contract billing proration](/wp-content/uploads/2022/02/Mid-Contract-Changes-3.svg) Designed for international expansion ## Taxes and currency **US sales tax:** Integrate with tax applications to determine rates for various US states, counties, and local jurisdictions. **VAT and GST:** Include VAT and GST tax charges on invoices for Canada, UK, Europe, Australia, New Zealand and other countries. **Currency:** Bill in USD, CAD, GBP, EUR, AUD, and hundreds of other currencies. Update monthly based upon foreign exchange rates. Trustworthy accurate billing ## Avoid invoice disputes that cause friction in customer relationships. * **Match the line-item descriptions** word-for-word with customer’s contract * Display the **formulas**, **inputs**, and **rating tables** used for calculations * **Explain high-dispute charges** such as overages, commissions, and uplifts * **Ensure accurate pro-rations** for upgrades, renewals, and cancellations ![infographic of man reaching out from computer screen to award trophy to business woman](/wp-content/uploads/2022/02/Trustworthy.svg) ## Uplifts, discounts and credits ### Apply line item level adjustments * **Uplifts:** Schedule price increases for specific calendar dates or contract renewals. Compute markups based upon percentage increases or the current price list. * **Discounts:** Apply discounts, promotions, and coupons to specific line items, groups of line items, or the entire bill. Use percentage or absolute dollar amounts. * **Credits and surcharges:** Apply refunds, rebates, adjustments, SLA and non-performance credits. Add late fees, termination penalties and other surcharges. ## See the industry’s most flexible billing software in action. [Get Demo](/get-demo)