Ordway Review

Overview

Ordway’s billing and revenue automation solution empowers enterprises to improve their billing and finance processes. Built by financial software experts, the platform modernizes the billing procedure end to end, removes the need for mistake-prone spreadsheets, time-consuming invoicing, and manual accuracy tests during the monthly close procedure to ensure compliance with IFRS and GAAP.  

Ordway is flexible to meet clients’ modern demands, and optimized to assist corporations with their growth and enable them to manage the needs of their complex customers.  With this software, you can efficiently bill, collect, and boost your revenues. It streamlines how you price your products, dispatch invoices, recognize revenue, and collect payments.

Benefits

Billing

Process an unlimited number of pricing plans and contracts

Usage-based billing – simplified pay-as-you-go

Volume-based billing – delegate variable pricing based on volume

Promotions and discounts – provide special pricing based on consumer requirements

Bill in-arrears, in-advance, or ad-hoc – capture all billing options automatically

Payments and collections

Integrate with leading payment gateways

Automatically process payments

Accept credit cards, ACH, and checks

Customize use-expiry notifications and dunning workflows

Speed up refunds and credits

Finance

Perform vital accounting tasks efficiently and quickly

Automate payment processing and invoicing

Produce billing and revenue recognition schedules

Export detailed and summary journal entries

Close financial periods and see the audit trail

Reports

Use customizable reports to make informed decisions

Standard dashboard – visualize your consumer mix, view MRR growth over time

Custom reports – generate detailed reports on churn, customer movement, and recurring revenues

Customizable dashboards – monitor your KPIs and key metrics

Operable insights – Learn about how you are meeting business goals to improve your company

Integration

Seamlessly link to your business processes

Configure automation via the Ordway interface, .CSV, or RESTful API

Integrate with QuickBooks and other ERP and accounting solutions

Utilize Avalara integration to manage tax filing and payment

Close winning deals in Salesforce or other CRM tools, and automatically start billing

Product Features

Pricing

Ordway pricing information is not publicly available. Contact the company directly to get accurate pricing facts.