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features
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support

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Description

Ordway is a smart bill and revenue automation platform that scales businesses. It simplifies the way companies price products, send invoices and collect payments. It also recognizes revenue. The cloud-based platform was designed for small businesses. It eliminates manual workarounds in revenue recognition and accounts receivable functions. It sits between an accounting system and an application/CRM. Flexible templates allow the platform to deal with a wide range of customers, including multiple contracts, unique contact terms, and multiple charges. The platform generates accurate revenue schedules. Finance teams can also create custom revenue recognition templates. Automated billing runs send monthly invoices that include all active and newly activated customers. Integration with existing systems can be achieved with minimal impact on engineering teams by using REST API-first technology.

Description

Stripe Revenue Recognition simplifies the process of accrual accounting, allowing for a swift and precise closing of your financial books. By automating and tailoring revenue reports, it aids in adhering to IFRS 15 and ASC 606 revenue recognition standards effortlessly. As your business expands, managing revenue can quickly turn into a cumbersome and error-prone task. That's why we've integrated a revenue recognition feature directly into Stripe, enabling you to automate the accounting process for your transactions and billing agreements. Our solution adeptly manages intricate situations, including upgrades, downgrades, prorations, refunds, and disputes without hassle. With reliable data at your fingertips, you can prepare financial statements that are ready for audits and attain a complete understanding of your business operations. You can easily access all your Stripe transactions and terms while also importing data from non-Stripe sources through the dashboard. Plus, you can generate accounting reports that come pre-configured, eliminating the need for dedicated engineering resources and allowing you to focus on what truly matters—growing your business. This seamless integration ensures that all aspects of your revenue accounting are handled efficiently, giving you peace of mind.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

QuickBooks Online Yes 
5X Yes 
Adyen No 
Blotout Yes 
HiBob Finance Suite Yes 
HubiFi Yes 
Meltano Yes 
PayPal No 
Payrix No 
PeakCommerce Yes 
Salesforce Yes 
Scispot Yes 
Square POS No 
Stripe No 
WePay No 
Zoho CRM No 

Integrations

QuickBooks Online Yes 
5X No 
Adyen Yes 
Blotout No 
HiBob Finance Suite No 
HubiFi No 
Meltano No 
PayPal Yes 
Payrix Yes 
PeakCommerce No 
Salesforce No 
Scispot No 
Square POS Yes 
Stripe Yes 
WePay Yes 
Zoho CRM Yes 

Pricing Details

Contact for quote
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Ordway

Founded

2018

Country

United States

Website

www.ordwaylabs.com

Vendor Details

Company Name

Stripe

Founded

2010

Country

United States

Website

stripe.com/revenue-recognition

Product Features

Billing and Invoicing

Billing Portal Yes 
Contact Database Yes 
Contingency Billing Yes 
Customer Portal Yes 
Customizable Invoices Yes 
Dunning Management Yes 
Hourly Billing Yes 
Invoice History Yes 
Mobile Payments Yes 
Multi-Currency Yes 
Online Invoicing Yes 
Online Payments Yes 
Payment Processing Yes 
Project Billing Yes 
Recurring/Subscription Billing Yes 
Service Ticket Billing No 
Tax Calculator Yes 

Billing and Provisioning

Billing & Invoicing Yes 
Carrier Access Billing No 
Contract Management Yes 
Customer Accounts Yes 
Customizable Billing Yes 
Flexible Rate Tables Yes 
Internet Yes 
Order Management Yes 
Post-Paid Systems Yes 
Pre-Paid Systems Yes 
Provisioning Yes 
Rating No 
Self Service Portal No 
Service Order System No 
VoIP No 

Recurring Billing

Customer Portal Yes 
Deferred Billing Yes 
Discount Management Yes 
Dunning Management Yes 
Invoice History Yes 
Multi-Currency Yes 
Multi-Period Recurring Billing Yes 
Payment Processing Yes 
Recurring Donations Yes 
Subscription Billing Yes 

Product Features

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