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About Ordway Platform

Ordway Platform is a billing and revenue automation software from Ordway that supports SaaS, cloud, and fintech businesses. It combines recurring billing, order-to-revenue automation, and revenue recognition so companies can manage their financial processes effectively. The platform also provides training resources, insights through blogs, eBooks, podcasts, and webinars for continuous learning. With its focus on modern business models, Ordway is designed to address the unique financial needs of modern enterprises. Key capabilities: recurring billing revenue recognition order-to-revenue automation training resources insights and analytics Best for: finance teams in SaaS, cloud, and fintech businesses that need reliable billing and revenue management solutions.

Ordway Platform Details

Vendor
Ordway
Year Launched
2018
Location
ordwaylabs.com Ordway 1707 L St NW Ste 850, Washington, Dc 20036
Deployment
Training Options
documentation, videos, live online, in person
Countries Served
All Countries
Languages
English, Spanish, French, German, Italian, Portuguese
Users
The Ordway platform is for SMB businesses that are scaling and mix recurring subscription revenue with additional one-time fees, professional services, and consumption/usage charges.
Industries Served
SaaS (Software as a Service), Cloud platforms, Fintech
Tags
Accounting, Accounts Receivable, Billing and Invoicing, Recurring Billing, Revenue Recognition, Subscription Management

Ordway Platform's In-App Market Place

Does Ordway Platform have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
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Promo Offer

Accepted Payment Currencies

Usd ($), Eur (€), Gbp (£), Aud (A$), Cad (C$), Jpy (¥), Cny (¥), Inr (₹), Rub (₽), Brl (R$), Mxn (Mex$), Hkd (Hk$), Chf (Fr.), Nzd (NZ$), Sek (kr), Nok (kr), Dkk (kr)

Pros & Cons

  • Flexible Billing Models: Supports various billing models including subscription and usage-based.
  • Automation: Reduces manual work with automated billing and revenue recognition.
  • Compliance: Ensures compliance with ASC 606 and IFRS 15 standards.
  • Scalability: Helps businesses scale faster with automated processes.
  • Comprehensive Reporting: Provides detailed SaaS metrics and KPI reporting.
  • Complexity: May be complex to set up for smaller businesses.
  • Cost: Pricing details are not transparent, which may be a concern for budget-conscious companies.
  • Limited Languages: Currently available only in English.
  • Integration Effort: May require significant effort to integrate with existing systems.
  • Learning Curve: Users may need time to fully understand and utilize all features.

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