For SaaS, cloud, and other recurring revenue business models
Ordway supports the widest variety of pricing strategies and contract structures.
Pricing models
Per user per month, multiple tiers, and all the other popular subscription billing models.
Promotion strategies
Free trials, freemium as well as discounts, credits, cash back and waivers.
Payment frequencies
Annual pay-in advance, pay-as-you-go (month-to-month), or quarterly installments.
Mid-contract changes
Prorated charges for new line items, price changes, and contract term extensions.
Integrations
Connect to CRM, CPQ, sales tax, payment processors, general ledger and ERP vendors.
Subscription pricing models
Pay-as-you-go or annual prepaid models
Ordway supports all the popular subscription pricing models – flat rate, per user, multi-tiered, and stair step, as well as hybrid combinations.
Per user
Ordway Subscription billing software supports a wide variety of “per user” pricing models:
- Licensed users – everyone with a login
- Monthly active users (e.g. logged in 1x per month)
- Ranges of users (e.g. 1-10 for $100/mo, 11-20 for $200/mo…)
- Waves of users – scheduled to on-board at different times
- Tiered + user (e.g. Pro, Business, Enterprise per user per month)
Multi-tiered
Ordway’s subscription billing software supports 2, 3, or N tiers of packages with progressive feature sets and entitlements and pricing models such as:
- Features – progressively “good,” “better,” “best”
- Users – unlimited or per user per month fees
- Usage – unlimited or monthly allowances per tier
- Hybrid Combinations – of all of the above
Hybrid billing models
Combine subscriptions with other monetization strategies
Grow recurring revenue faster with fixed or variable fee add-ons atop your monthly subscription fees.
One-time fees
Bill upfront or during the contract lifecycle for implementation, on-boarding, training, integration, professional services, and perpetual licenses.
Usage-based pricing
Charge based on consumption. Ordway’s usage-based billing offers support for overage fees, rollover units, expiration dates, and prepaid credits.
Percentage pricing
Take a percentage of the dollar value of transactions processed on your platform. Charge a flat commission or offer volume-based discounting models.
Scale revenue without breaking your billing system
Future proof your billing to adapt to changes in pricing, packaging, and processes as your business expands and market dynamics evolve. Ordway’s subscription billing software enables flexibility to accommodate:
- Product launches
New pricing and packaging models
- International expansion
New currencies and tax jurisdictions.
- Distribution channels
Consolidated billing and custom pricing
- Mergers & acquisitions
Additional CRM and ERP integrations
Enable customer acquisition strategies
Mix and match different promotional strategies to drive new customer conversion to paid subscriptions
Drive customers to experiment and fall in love with your product.
Free trials
30, 60, or 90 Day free trials as well as discounted “paid trials.”
Freemium
With automated or customer-driven conversion to a paid subscription.
Signup discount
10%, 20%, 50% off the first 3, 6, or 12 months of a new subscription.
Free months
1st month, first 3 months, or first 6 months free for new accounts.
Credits
Apply $100, $500, $1000 credits to invoices for eligible new subscribers.
Cash back
Rebate new customers 1%, 2% or 5% of qualifying fees paid for a new subscription.
Waived fees
Offer implementation, setup, or integration at no cost for new users.
Free add-ons
Waive charges for value added services during the initial contract term.
Reduce friction for growth
Upsells, cross-sells, and mid-contract changes
Drive expansion bookings throughout the contract lifecycle.
Add users
Add more seats to “Per User” plans via a mid-contract change or according to pre-defined timelines outlined in contract terms.
Upgrade tiers
Upgrade customers from lower to higher tier (e.g. “Enterprise”) packages at higher price points as customers exceed usage caps or desire expanded feature sets.
Additional products
Cross-sell Bundles or multi-product discounts to grab higher share of wallet from existing accounts.
Price increases
During the contract or upon renewal. Schedule percentage increases, apply fixed dollar amounts, or tie changes to benchmarks such as CPI.
”Now that we're automating a lot of our invoicing, automating a lot of our AR and follow up for overdue payments, we're able to bring on more customers and not have to hire additional people to work those customers."
Evan FitzgeraldDirector of Finance, Paubox
Automate the order-to-revenue cycle
Connect to your CRM and accounting applications
Integrate Ordway subscription billing with the other applications in your front and back office.
CRM
- New logo orders
- Upsells & cross-sells
- Renewals & cancellations
CPQ
- Product catalog
- Price schedules
- Packaging configurations
Your product
- Subscriber details
- User lists and activity
- Feature entitlements
Tax automation
- US: State & local
- VAT: EU, UK, & more
- GST: Canada, Australia, & more
Accounting
- Deferred and realized revenues
- Invoices and payments
- Accounts receivable
Payment processors
- Cards, ACH, wires
- Monthly auto pay
- Remittance details