Ordway
Ordway is the world’s most flexible billing and revenue automation platform - specifically designed for today’s innovative “as-a-Service” business models. With Ordway you can bill for subscriptions and usage-based pricing models. You can also use Ordway for revenue recognition (ASC 606) and reporting investor metrics (ARR, TCV, LTV, NDR). Using Ordway reduces your dependency on the spreadsheets and manual processes that work well when you are small, but don’t scale as you grow. Customers that switch to Ordway typically realize immediate benefits. Monthly bill runs and close processes go from weeks to days. Finance teams can scale without adding FTEs.
Average Rating: 4.6/5.0
Total Reviews: 77
How Do G2 Users Rate Ordway?
- Has the product been a good partner in doing business?: 9.3/10 (Category avg: 8.9/10)
- Renewals: 8.2/10 (Category avg: 8.7/10)
- Optimization: 9.2/10 (Category avg: 8.2/10)
- Payments: 8.7/10 (Category avg: 8.5/10)
Who Is the Company Behind Ordway?
- Seller: Ordway
- Year Founded: 2018
- HQ Location: Washington, District of Columbia
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Twitter: @ordwaylabs
211 Twitter followers -
LinkedIn® Page: www.linkedin.com
61 employees on LinkedIn®
Who Uses This Product?
- Who Uses This: CFO
- Top Industries: Computer Software, Financial Services
- Company Size: 59% Medium, 40% Small
What Do G2 Reviewers Say About Ordway?
AI-generated summary from verified user reviews
Pros
- Users highlight the excellent customer support from Ordway, appreciating the team's responsiveness and helpfulness.
- Users appreciate the billing efficiency of Ordway, streamlining invoicing and saving time at month-end.
- Users value the ease of setup and sophisticated revenue scheduling in Ordway, enhancing invoicing and saving time.
- Users value the flexibility of Ordway, enabling easy configuration of complex billing requirements to suit their needs.
- Users value the automation capabilities of Ordway, enhancing efficiency in billing and revenue recognition processes.
Cons
- Users note reporting customization limitations and occasional latency issues, affecting the overall efficiency of the Ordway platform.
- Users experience occasional API malfunctions that disrupt workflow, though support resolves issues quickly.
- Users face slow performance during peak times, particularly month-end, yet improvements are noted over time.
- Users encounter occasional software bugs, but the support team resolves issues quickly and efficiently.
- Users face billing issues due to initial configuration complexities and friction in international cash collections.
What Are Recent G2 Reviews of Ordway?
"Operational efficiency for billing at its best"
Rating: 5.0/5.0 stars
— Michael T.
"Highly Customizable for Complex Accounting Needs"
Rating: 5.0/5.0 stars
— Katina D.

