Ordway platform wins TiE50 and SaaS Awards recognitions

Posted by Eren Koont on Sep 3, 2020 11:34:48 AM

We’re very excited to announce that the Ordway billing and revenue automation platform is a 2020 TiE50 Winner in the prestigious TiE50 Awards Program. This ten-year old awards competition is a program of TiEcon, the world's largest conference for tech entrepreneurs.

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Topics: SaaS, operations, press release, DCTech, startup

Reconnect 50% of your time to revenue-building activities

Posted by Eren Koont on Jul 27, 2020 1:47:00 PM

As if the global marketplace wasn’t volatile enough, factors like the COVID-19 pandemic and a technical skills shortage are making it even more difficult for companies to make ends meet each month. 

As we discuss elsewhere, productivity is a big issue for today’s resource-constrained teams. This is especially the case with distractions brought about by the “new normal” of widespread work from home (WFH). Some employees are contending with getting their jobs done while also caring for family members and keeping households running smoothly (here's a list of 32 tips for working from home). As a result, more lean organizations around the world are finding it increasingly challenging to accomplish the many administrative tasks that consume so many hours of their days such as inputting contract details, setting billing schedules, sending reminders, and so on. Carving out time in the day to focus on strategic activities that can actually grow the business is an afterthought for upwards of 50% of an employee's time.

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Topics: billing, SaaS, automation, startup, 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

Billing bash celebrates rock star NYC companies

Posted by Eren Koont on Sep 16, 2019 11:44:00 AM

Leaders in the New York City tech scene gathered in the Flatiron District to celebrate efficiency gains brought about through billing and revenue automation and other process improvements.

One of the main goals of the evening was to build community between parts of organizations that don’t often have opportunities to share and learn best practices with other finance and accounting professionals.

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Topics: billing, SaaS, recurring revenue, DCTech, startup

Flexibility of billing software API leads to fast implementation for Dispatch

Posted by Eren Koont on Jul 30, 2019 3:34:00 PM

Dispatch is a last-mile delivery service that is rapidly scaling to dozens of markets around the United States. It helps get industrial service parts to the right people at the right time, and makes money by deeply understanding how far, how fast, and how many parts to be delivered.

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Topics: billing, recurring revenue, API, automation, startup, build vs buy

Billing bash celebrates two rock star DMV companies

Posted by Eren Koont on Jul 25, 2019 3:15:00 PM

Yesterday, while most of Washington DC was consumed with Robert Mueller hearings on Capitol Hill, innovative DMV tech companies gathered in Bethesda, Maryland to celebrate efficiency gains brought about through billing and revenue automation and other process improvements.

One of the main goals of the evening was to build community between parts of organizations that don’t often have opportunities to share and learn best practices with other finance and accounting professionals.

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Topics: billing, SaaS, recurring revenue, DCTech, startup

Ordway billing bash celebrates company heroes

Posted by Eren Koont on Jul 16, 2019 11:01:00 AM

Yesterday, we invited some of the most interesting companies in Boston to the Ordway billing bash. The main purpose was to celebrate and connect parts of organizations that don’t seek the limelight and oftentimes are feeling the pain of data issues that lay between an organization’s CRM and their accounting software. We wanted to provide the community an opportunity to get together and celebrate successes that too often go unnoticed.

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Topics: billing, SaaS, operations, startup

Why I’m teaching my colleagues to code

Posted by John Raber on Jun 26, 2019 1:13:00 PM

Our business is about eliminating manual workarounds in scaling businesses’ billing process from the initial sale of their service, through upsells and renewals, to revenue recognition. When I was an accountant, my training and education centered around basics of double-entry bookkeeping, credits and debits, T accounts, etc. It turns out I learned and implemented 500-year old methods to keep my clients’ books in order.

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Topics: Software, careers, culture, startup

Strategies to reduce churn through automated and manual communication

Posted by Eren Koont on May 13, 2019 12:39:00 PM

Sameer recently presented a pre-conference workshop at the Recurring Revenue Conference which brought together over 700 attendees from around the world to talk about scaling businesses. One of the important factors in building a sustainable B2B or B2C business is managing and reducing churn (when a customer partially or completely falls off their journey with you).

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Topics: SaaS, operations, recurring revenue, metrics, culture, startup, build vs buy, performance economy, churn

 

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