Eren Koont

Eren Koont
Eren loves the building process and has transformed marketing for organizations large and small. From learning the fundamentals at Texas Instruments and Discovery Education during the first phase of his career, he spent the last 5 years as VP of Marketing at LiveSafe and Protenus, helping them build their demand generation functions and hone their brands. Eren is always pushing his teams to craft incredible stories, build solid and repeatable processes, and listen to customers. He also loves to mentor budding social impact entrepreneurs through the Halcyon Incubator. Balancing both a scrappy entrepreneurial mindset with the vision to build lasting brands, Eren always reminds his colleagues to “be excellent.”
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Recent Posts

Pain in the GAAP: Episode 5. Recovering Lost Revenue... Not as hard as the Lost Ark.

Posted by Eren Koont on Dec 6, 2018 9:42:00 AM

In the last episode, we covered everything you’d want to know about Monthly Recurring Revenue. In this episode, we dive into methods to identify and recover lost revenue. It’s not as hard as finding the Lost Ark in Indiana Jones and the Raiders of the Lost Ark, but as the viewer found out in the Last Crusade, one must choose their method “wisely.”

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Topics: Podcast, recurring revenue, SaaS, billing

MRR. The Purring Lion of SaaS Metrics

Posted by Eren Koont on Oct 31, 2018 10:40:00 AM

In this episode of Pain in the GAAP, we dive into MRR, or monthly recurring revenue — a metric critical to SaaS businesses that can be a little tricky if you deal with real customers and not just spreadsheets.

We talk about how MRR is a useful metric for businesses to understand their future prospects as well as provide a business’ board and investors information to determine valuations.

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Topics: SaaS, billing, operations, recurring revenue, metrics, Podcast

Team and customers leads to "50 on Fire"

Posted by Eren Koont on Oct 22, 2018 1:36:00 PM

When we heard the news that Ordway was among the DC Inno 50 on Fire recipients, the team saw it as a validation that we are helping our customers automate painful back-office processes around billing customers and proper revenue recognition.

The main reason we’re on the list is the great team we've assembled to tackle really tough billing problems on behalf of our customers (we're hiring, so if you want to join an awesome crew, we'd love to hear from you). Our goal has always been to bring together a set of finance experts and top engineering talent to shape Ordway's modern billing platform. 

The combination of modern technology, coupled with decades of finance, accounting, and billing expertise mean we’re able save companies money, uncover lost revenue, and let them “manufacture time” they didn’t have before. We save our customers 100s of hours each month, and that newly discovered time means freedom to focus on scaling their business.

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Topics: SaaS, DCTech, careers

Pain in the GAAP: Episode 3, BBR: Bookings, Billings, and Revenue

Posted by Eren Koont on Sep 26, 2018 10:43:00 AM

In the last episode, we covered everything you’d want to know about collections. This episode we covered the ins and outs of Bookings, Billings, and Revenue. BBR, not Pabst Blue Ribbon PBR, but BBR, Bookings, Billings, and Revenue.

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Topics: Podcast, billing, operations, SaaS, Insider, collections

Pain in the GAAP: Episode 2, Collections Convo

Posted by Eren Koont on Aug 27, 2018 2:36:48 PM

In episode 2, we covered the ins and outs of collections in the context of running and growing a business. Jason went deep on how to get paid or more precisely, collections....

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Topics: Podcast, billing, operations, SaaS, Insider, collections

Introducing Pain in the GAAP Podcast

Posted by Eren Koont on Jul 17, 2018 1:27:00 PM

We invite you to listen to our new Pain in the GAAP podcast. Each month we’ll spend 5-10 minutes covering a new topic we wished we knew when building finance and operations teams at growing companies. We'll discuss various finance and accounting topics, such as rev rec, A/R, A/P, FP&A, monthly closing, Excel tips, and other general topics.

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Topics: Podcast, billing, transactions, SaaS

Ordway Raises $2.5 Million to Relieve Billing Pains for Growing Businesses

Posted by Eren Koont on Jun 20, 2018 8:41:17 AM

WASHINGTON, DC — June 20, 2018 — Ordway, a billing and revenue automation platform for growing companies, today announced that Lerer Hippeau, Founder Collective, Middleland Capital, and Revolution’s Rise of the Rest Seed Fund are investing $2.5 million in the company to scale its operations. Led by Sameer Gulati, a SaaS veteran at the epicenter of billing and ERP systems’ evolution for the past 18 years, Ordway is transforming how organizations can more efficiently handle billing for their most complex customers. 

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Topics: SaaS, press release, billing, recurring revenue

 

Relieve your billing pains

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The Ordway blog helps growing businesses understand the best practices around billing and revenue automation.

Topics will include:

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  • spotlights on best practices
  • tips to streamline your billing and revenue processes

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