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.
Key benefits:
Record every sale or post a daily summary. Keep inventory up to date and record every detail including customer, items, shipping, billing, sales tax, discounts, etc. Also records marketplace fees.
Automatically sync your Amazon settlements and record all your fees so you can reconcile with your bank deposit and save on bookkeeping time and cost.
Use one app to connect all your ecommerce channels and get a team of ecommerce experts to help you every step of the way.
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