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.

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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.

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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.

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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.

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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.

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

 

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