Newsletter
Join the Community
Subscribe to our newsletter for the latest news and updates
Billing and revenue automation for complex B2B businesses
Ordway is a billing and revenue automation platform for B2B businesses with complex pricing models, multi-year contracts, and revenue recognition requirements under ASC 606. Founded in 2018, Ordway combines subscription billing, usage billing, professional services billing, and revenue recognition in a unified platform. The billing engine supports any pricing model—flat rate, tiered, per-seat, usage-based, milestone, and hybrid—with automated invoicing based on contract terms. Revenue recognition runs automatically based on configured policies, creating deferred revenue schedules and recognizing revenue as performance obligations are met. The platform's contract management tracks amendments, renewals, and modifications with automatic accounting adjustments. Salesforce integration syncs opportunities to billing contracts for smooth handoff from sales to finance. Revenue waterfall reporting shows how bookings convert to billings and revenue over time. Collections management tracks invoice aging and automates payment reminders. Integration with NetSuite, QuickBooks, and other GL systems posts journal entries automatically. Ordway is positioned between lightweight SaaS billing tools and complex enterprise RevRec platforms, targeting companies in the $10M–$200M ARR range that have outgrown simple billing but don't need full enterprise deployment. Its focus on professional services billing alongside subscription billing makes it versatile for services-led growth companies.