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About

One "source of truth" for accounting's interpretation of customer contract data. Tracking of Deferred Revenue at the lowest level with roll-forward and forecasted views. Easy-to-use and controlled library for RevRec rules expressed at the level you need. The standalone selling price library (SSP) is a dynamic and easy-to-use Library containing all SSP data at the product level, synced to your price book. Automated capture and amortization of deferred commission expense over expected life of contract. Identification of all performance obligations after factoring in variable considerations per ASC 606. Accounting systems require higher level of controls. This includes robust security, user access controls, embedded balance reconciliations, preventative controls for completeness and accuracy. Real-time reporting of revenue at multiple levels across multiple dimensions and across multiple time periods. Analyze trends and explain changes with precision.

About

Ordway is a smart billing and revenue automation platform for scaling businesses that simplifies how companies price products, send invoices, collect payments, and recognize revenue. Designed for the SMB market, the cloud-based platform removes manual workarounds in the accounts receivable and revenue recognition functions and sits between an application/CRM and accounting system. The platform is built around flexible templates to handle a diverse customer base - multiple charges per contract, unique contact terms, etc. The platform generates accurate revenue schedules and finance teams can define custom revenue recognition templates. Monthly invoices are sent via automated billing runs that include all current and newly activated customers without manual reconciliation. A REST API-first methodology means integration with existing systems can be accomplished with minimal impact to engineering teams.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Companies that need a revenue recognition system

Audience

Finance, Revenue Ops, and Accounting teams at scaling companies

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Chargebee
Founded: 2010
United States
www.chargebee.com/revenue-recognition-software/

Company Information

Ordway
Founded: 2018
United States
www.ordwaylabs.com

Alternatives

Aptitude RevStream

Aptitude RevStream

Aptitude Software

Alternatives

Categories

Categories

Billing and Invoicing Features

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator

Billing and Provisioning Features

Billing & Invoicing
Carrier Access Billing
Contract Management
Customer Accounts
Customizable Billing
Flexible Rate Tables
Internet
Order Management
Post-Paid Systems
Pre-Paid Systems
Provisioning
Rating
Self Service Portal
Service Order System
VoIP

Recurring Billing Features

Customer Portal
Deferred Billing
Discount Management
Dunning Management
Invoice History
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Donations
Subscription Billing

Integrations

QuickBooks Online
Salesforce
5X
Blotout
Chargebee
HiBob Finance Suite
HubSpot CRM
HubSpot Customer Platform
HubiFi
Meltano
Microsoft Excel
PeakCommerce
Scispot
Zoho CRM

Integrations

QuickBooks Online
Salesforce
5X
Blotout
Chargebee
HiBob Finance Suite
HubSpot CRM
HubSpot Customer Platform
HubiFi
Meltano
Microsoft Excel
PeakCommerce
Scispot
Zoho CRM
Claim Chargebee RevRec and update features and information
Claim Chargebee RevRec and update features and information
Claim Ordway and update features and information
Claim Ordway and update features and information