Ordway VS Armatic

Ordway is a smart billing and revenue automation platform for scaling businesses that simplifies how companies price products, send invoices, collect payments, and recognize revenue. Designed for the SMB market, the cloud-based platform removes manual workarounds in the accounts receivable and revenue recognition functions and sits between an application/CRM and accounting system. The platform is built around flexible templates to handle a diverse customer base - multiple charges per contract, unique contact terms, etc. The platform generates accurate revenue schedules and finance teams can define custom revenue recognition templates. Monthly invoices are sent via automated billing runs that include all current and newly activated customers without manual reconciliation. A REST API-first methodology means integration with existing systems can be accomplished with minimal impact to engineering teams.

Armatic software provides automation, insights and best practices to drive business-critical efficiencies & more revenue. Leverage integrated modules for Finance, HR, Billing & Subscriptions, AR Management, Customer Success and Sales.

All steps in the revenue lifecycle are supported in the Armatic platform. From initial quotation, contract e-signing, invoice or subscription creation to automated customer follow up for accounts receivable management and payments. More at www.armatic.com