Ordway Pricing, Features, Reviews & Comparison of Alternatives

Ordway

Billing & invoicing automation platform

5.0/5 (9 reviews)

Ordway overview

Ordway is a cloud-based billing and revenue automation platform that helps small to mid-size businesses price products, collect payments, send invoices, and handle revenue stream. The solution enables users to process pricing plans, contractors, and subscription plans.

Primary features of Ordway include usage-based billing, recurring subscription management, customized dunning workflows, use-expiry notifications, automated payment processing, journal entries, custom reports, customizable dashboards, ad-hoc bills, and more. The platform lets businesses apply special discounts and promotions based on customer requirements. Ordway also allows users to create revenue and billing recognition schedules to access audit trails and close financial periods.

The platform provides a visual dashboard, enabling users to track KPIs and key metrics through insights, detailed reports, and data visualization. Ordway offers a RESTful API to automate configuration and integrate with third-party ERP and accounting applications such as QuickBooks, Salesforce, and Avalara.
www.ordwaylabs.com

Pricing

Pricing options
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Australia, Canada, Europe, Middle-East and Africa

Supported languages

English
Ordway screenshot: The platform comes with a dashboard that enables users to access MRR, contracts, and countriesOverview of Ordway Billing and Revenue Automation PlatformOrdway screenshot: The solution lets users access a customer overview with key metrics and payment informationOrdway screenshot: Products in plans which can be customized based on activities and pricing

Ordway reviews

Excellent
9

Very good
0
Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  5.0
  4.9
  4.9
  5.0
Dave Sheen

Flexible billing system that can handle complex pricing structures

Used monthly for 6-12 months
Reviewed 2019-06-17
Review Source: Capterra

Ordway allows us to set up customers as they sign contracts, then dynamically bill them based on various usage factors as well as other factors. We can be confident that our customized invoices are accurate, and we can use the UI to quickly identify and fix any issues or changes as they happen.

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Michael Spitzer

Powerful and flexible billing and revenue recognition software

Used daily for 6-12 months
Reviewed 2019-05-23
Review Source: Capterra

Prior to Ordway, my company was using multiple billing systems for different products. It was very difficult to get a consolidated view of our customer's billing information. We are now on one system so that A/R can be tracked accurately, and all of our invoices have the same look and feel regardless of the products that the customer is buying.

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Omri Friedel

Ordway simplified our billing

Used daily for 1-2 years
Reviewed 2019-05-03
Review Source: Capterra

We've had an excellent experience, from its implementation with a dedicated, focused and client-centric team, through to day-to-day use, simplification and automation of our processes.

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Aditya Patil

Amazing Billing Platform

Used daily for 1-2 years
Reviewed 2019-03-20
Review Source: Capterra

Our home-grown billing system was built for an initial, more-simple use case and turned out to be inadequate for us as our use cases got complex. Ordway’s API let us automate this and they are maintaining the billing code base in a way we never could without hiring lots of engineers. Their documentation and support are great, so anytime we update our provisioning code, it’s easy to maintain the connection.

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Simon Lorenz

Using Ordway billing with Stripe saved us time and money

Used other for 1-2 years
Reviewed 2019-05-14
Review Source: Capterra

Overall, the team has been great to work with. When we were first onboarding with them, we uncovered some accounts that were not getting invoiced correctly. As a result, we were able to recover lost revenue early on and basically realize immediate ROI.

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Ordway pricing

Pricing options
Free trial
Subscription
View Pricing Plans

Contact Ordwat for pricing details.

Ordway features

API
Automatic Notifications
Billing & Invoicing
Customizable Reporting
Electronic Payments
Invoice Management
Invoice Processing
Multi-Currency
Reporting & Statistics
Workflow Management

Accounting Integration (132 other apps)
Accounting Management (126 other apps)
Activity Dashboard (137 other apps)
Compliance Management (98 other apps)
Data Import/Export (112 other apps)
Expense Tracking (127 other apps)
Financial Analysis (90 other apps)
Real Time Data (116 other apps)
Receiving (96 other apps)
Third Party Integration (121 other apps)

Additional information for Ordway

Key features of Ordway

  • API
  • Automated Billing
  • Billing Portal
  • Contingency Billing
  • Customizable Invoices
  • Discounts & Promotions
  • Dunning Management
  • Dunning Workflow Management
  • Hourly Billing
  • Invoice History
  • Mobile Payments
  • Online Invoicing
  • Online Payments
  • Payment Processing
  • Project Billing
  • Recurring/Subscription Billing
  • Subscription Management
  • Tax Calculator
  • Volume-based Billing
View All Features

Benefits

• Ordway comes with a standard and customizable dashboard that allows users to create reports on customer movements, churn, and recurring revenues.

• The solution provides a finance module with functionalities such as access aging reports, revenue recognition rules, audit logs, and more.

• Ordway allows users to access the growth of customers with metrics including active customer count, revenue tracker, number of contracts, and renewed projects.

• The platform can be configured based on customer requirements with capabilities such as payment processing options, wire transfers, and refunds.

•The solution automatically starts billing when users close deals in third party applications such as Salesforce.