What is Ordway and how does it work?
Ordway is a comprehensive billing and revenue automation platform designed for SaaS, cloud, and fintech businesses with complex pricing models. The platform automates the entire order-to-revenue cycle, combining subscription billing, usage-based pricing, revenue recognition (ASC 606/IFRS 15), and accounts receivable management into a unified system.
Benefits of Integrating Ordway with Abacum
Automate revenue data flow from Ordway's billing engine directly into Abacum's FP&A platform, eliminating manual data transfers and preventing reporting discrepancies
Unify billing metrics with financial planning by syncing ARR, MRR, churn rates, and customer metrics for accurate revenue forecasting and scenario planning
Accelerate month-end close by automatically reconciling billing data with financial plans, reducing close time by up to 80%
Enable real-time revenue visibility across subscription, usage-based, and hybrid pricing models for more agile decision-making
Streamline investor reporting with consistent metrics from billing through strategic planning, ensuring integrity between operational and financial data
Support complex revenue recognition by combining Ordway's ASC 606/IFRS 15 compliance with Abacum's forward-looking revenue planning capabilities
Scale financial operations efficiently without proportional headcount increases, leveraging automation across billing and FP&A workflows
