Finance automation SaaS—a multiplier in times of economic instability

Posted by Eren Koont on Apr 21, 2020 4:50:37 PM

More organizations of all types, sizes, and sectors are investing in digital transformation—including enlisting finance automation SaaS platforms— to solve business challenges.  An early result of the COVID-19 pandemic is that the newly volatile global economy requires companies to bridge gaps in financial, human, and other resources to continue to operate with some semblance of normalcy. 

Read More

Topics: automation, performance economy, subscription management, covid-19

6 ways Ordway flexibility helps companies during COVID-19

Posted by Sushma Ashutosh on Apr 15, 2020 12:54:20 PM

The last couple of months continuing to build our business during the COVID-19 crisis have seemed like years — for us, and for many of our customers. We’re all adapting to new ways of interacting with each other and with our customers. 

At this moment, everyone is doing what they can to meet customers "where they are" and grow efficiently. Here are six ways our customers are using the flexibility of the Ordway billing and revenue automation platform to stabilize their business, and to better serve their customers during this challenging period.

In this post, we're not revealing names of the companies involved to protect their internal process and relationships with their customers.

Read More

Topics: billing, SaaS, revenue recognition, subscription management, covid-19

Adapting “business as usual” strategies in times of uncertainty

Posted by Sameer Gulati on Mar 31, 2020 1:00:00 PM

Finding it hard to accomplish the ‘W’ in your company’s WFH protocols? We feel your pain. If you’re struggling to get down to business during these uncertain times, put one of these productivity hacks to work. 

Read More

Topics: billing, SaaS, culture, performance economy, covid-19

CompStak extends the life of QuickBooks with Ordway

Posted by Eren Koont on Mar 17, 2020 11:15:00 AM

We had the pleasure of visiting with CompStak just before the COVID-19 social distancing efforts took hold in both New York City where CompStak is headquartered, and Ordway HQ in Washington, D.C.

CompStak, a scaling startup with around 100 employees, is the leading crowdsourced platform for commercial real estate data. Growing quickly with a fairly complex business model, CompStak realized that they needed to replatform parts of their finance stack to keep up with their growth. During this transformation, they knew they wanted to stay on QuickBooks as their general ledger if they could. Their adoption of the Ordway billing and revenue automation platform meant they could continue to use QuickBooks and also “say yes” to complex Enterprise deals with unique pricing and terms.

Read More

Topics: SaaS, operations, recurring revenue, scaling, subscription management

Announcing a $10M Series A. New heights reveal an even higher peak.

Posted by Sameer Gulati on Feb 19, 2020 8:15:00 AM

When we launched our billing and revenue automation platform to the world 18 months ago, I set high expectations for the founding team. Transforming the way sales and finance teams work together to modernize their business models is no small undertaking.

With customers around the world in industries including software development, healthcare, logistics, performance management, manufacturing, and finance, we’ve witnessed transformation first hand. Building on this foundation, today I’m excited to announce we’ve raised a $10M Series A led by CRV and joined by Clocktower Ventures, Lerer Hippeau, and Revolution’s Rise of the Rest Seed Fund.

Read More

Topics: billing, SaaS, operations, recurring revenue, press release, scaling, revenue recognition

Three-question framework to scope implementation. Highlight on Global Mentoring Solutions.

Posted by Sushma Ashutosh on Jan 20, 2020 2:15:00 PM

The best aspect of working with Ordway clients is the fact that we get to watch our customers grow and thrive. A great idea, product/market fit, and team are critical to future success, but so is the infrastructure needed to scale. Oftentimes, we are fortunate to engage with customers right as they are re-imagining their billing architecture and infrastructure to enable more rapid growth and scale.

Read More

Topics: SaaS, operations, change management, performance economy, scaling

Four values made 2019 a SaaS success

Posted by Eren Koont on Dec 23, 2019 1:49:00 PM

We are about to finish a wonderful 2019 which saw us gain clients around the world. Organizations large and small chose to work with us because of our ability to support their revolutionary new business models. SaaS-based billing and revenue automation is empowering companies better connect their sales and finance functions and focus on building deep, performance-based relationships with their customers. We’re excited to support our clients as they lead the way in transforming their business.

Read More

Topics: SaaS, automation, culture, startup, scaling

3 themes on scaling as Ordway welcomes ROTR Founders to DC

Posted by Eren Koont on Nov 14, 2019 1:09:00 PM

Founders from the Rise of the Rest portfolio (ROTR) descended on Washington DC to network, learn from each other, and take advantage of top-notch programming from the ROTR team.

Prior to the official kick-off of the summit, we welcomed Founders from across the country for a bit of pre-networking with other DC Tech leaders. We were happy to facilitate good discussions on a wide number of topics including scaling up.

Read More

Topics: SaaS, careers, startup, build vs buy, scaling, hiring

Gulati selected to present Your Winning Product Playbook at SaaSNorth

Posted by Eren Koont on Nov 7, 2019 4:27:00 PM

Washington DC – November 7, 2019 – Ordway, a billing and revenue automation platform for scaling companies, is pleased to announce that Founder & CEO Sameer Gulati has been selected to present at the SaaSNorth Conference in Ottawa, Canada. Gulati will participate in a panel session titled “Your Winning Product Playbook,” scheduled for Wednesday, November 27th.

“Listening to customers is key, but so is a vision to fundamentally improve the way organizations and people run their businesses.”

Read More

Topics: press release

5 pricing trends from the BoS Unconference

Posted by Sameer Gulati on Oct 8, 2019 11:17:00 AM

This year’s Business of Software conference featured an experimental Unconference session where attendees could choose topics to discuss and debate.

I led a discussion about moving beyond simple subscriptions. It definitely struck a nerve with the attendees and the conversations that ensued centered around a few emerging themes facing all businesses.

Read More

Topics: billing, SaaS, Pricing, performance economy

 

Relieve your billing pains

Hear from executives who have been in your shoes

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

Topics will include:

  • finance resources for growing businesses
  • spotlights on best practices
  • tips to streamline your billing and revenue processes
 

Eliminate manual workarounds in order-to-revenue

Discover the Ordway platform

If you are ready to strengthen your sales-to-finance process, our experts are here to help.

Request a demo

Subscribe Here

Recent Posts