Ordway Features
What are the features of Ordway?
Revenue Recognition
- Usage Tracking
- Deferred Revenue
- Revenue Accrual
Billing and Payments
- Payment Terms
- Personalized Billing
- Custom Pricing
Billing
- Automation
- Consolidation
- Adjustments
Dunning
- Collections
Performance
- Packages
- Discounts
- Plan Changes
Reporting
- Deferred Revenue
- Revenue Recognition
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Ordway Categories on G2
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Revenue Optimization
At-Risk Customers | Identify customers that are more likely to cancel their subscriptions 14 reviewers of Ordway have provided feedback on this feature. | 54% (Based on 14 reviews) | |
Offer Optimization | Optimize product offerings and packages to increase customer loyalty 15 reviewers of Ordway have provided feedback on this feature. | 59% (Based on 15 reviews) | |
Revenue Forecasting | Based on 17 Ordway reviews. Estimate future changes in revenues per product type or customer category | 75% (Based on 17 reviews) |
Revenue Recognition
Usage Tracking | As reported in 19 Ordway reviews. Track usage per company, custom time period, or contract | 87% (Based on 19 reviews) | |
Deferred Revenue | As reported in 21 Ordway reviews. Track payments received for products that haven't be delivered yet | 85% (Based on 21 reviews) | |
Revenue Accrual | Recognition rules to accrue revenue on a daily or monthly basis This feature was mentioned in 20 Ordway reviews. | 85% (Based on 20 reviews) |
Billing and Payments
Payment Terms | As reported in 19 Ordway reviews. Provide multiple payment terms per customer or contract | 90% (Based on 19 reviews) | |
Personalized Billing | Different types of billing such as: recurring, one time changes, based on number of seats or usage 24 reviewers of Ordway have provided feedback on this feature. | 89% (Based on 24 reviews) | |
Custom Pricing | As reported in 25 Ordway reviews. Manage customer specific pricing as well as coupons, discounts, and gift plans | 90% (Based on 25 reviews) |
Billing
Automation | Based on 29 Ordway reviews and verified by the G2 Product R&D team. Ability to create and send invoices automatically at predefined or custom frequencies. | 89% (Based on 29 reviews) | |
Consolidation | Based on 22 Ordway reviews and verified by the G2 Product R&D team. Consolidate invoices so customers can make one payment for multiple bills. | 91% (Based on 22 reviews) | |
Adjustments | Based on 29 Ordway reviews and verified by the G2 Product R&D team. Adjust invoices to handle exceptions and correct errors. | 75% (Based on 29 reviews) |
Dunning
Collections | Based on 24 Ordway reviews and verified by the G2 Product R&D team. Assists users in collecting payments for unpaid invoices. | 90% (Based on 24 reviews) | |
Escalation | Based on 15 Ordway reviews and verified by the G2 Product R&D team. Define escalation processes to suspend service for unpaid invoices. | 69% (Based on 15 reviews) |
Performance
Packages | Based on 21 Ordway reviews and verified by the G2 Product R&D team. Track the financial performance of various types of packages. | 78% (Based on 21 reviews) | |
Discounts | Based on 21 Ordway reviews and verified by the G2 Product R&D team. Identify the impact of special pricing and discounts on revenue. | 76% (Based on 21 reviews) | |
Plan Changes | Based on 29 Ordway reviews and verified by the G2 Product R&D team. Monitor plan changes such as upgrades and downgrades, or cancellations. | 75% (Based on 29 reviews) |
Reporting
Dimensions | Based on 16 Ordway reviews and verified by the G2 Product R&D team. Reports revenue based on various dimensions, such as subscription segments, geographies, or discounts | 78% (Based on 16 reviews) | |
Deferred Revenue | Based on 18 Ordway reviews and verified by the G2 Product R&D team. Tracks revenue for goods or services that have yet to be collected | 87% (Based on 18 reviews) | |
Revenue Recognition | Based on 21 Ordway reviews and verified by the G2 Product R&D team. Accurately determines and reports the accounting period when revenues are recognized | 89% (Based on 21 reviews) |
Bill Generation
Templates | Based on 16 Ordway reviews. Provide standard invoice templates that can be customized by users | 93% (Based on 16 reviews) | |
Digital Billing | Based on 17 Ordway reviews. Ability to convert invoices to digital formats such as PDF | 92% (Based on 17 reviews) | |
Recurring Billing | Automatically generates invoices at pre-defined time intervals 16 reviewers of Ordway have provided feedback on this feature. | 94% (Based on 16 reviews) |
Bill Processing
Consolidation | As reported in 11 Ordway reviews. Allow users to consolidate multiple invoices into one | 85% (Based on 11 reviews) | |
Batch Invoicing | Ability to create multiple types of invoices This feature was mentioned in 15 Ordway reviews. | 86% (Based on 15 reviews) | |
Management | Manage invoicing for different types of products or services This feature was mentioned in 17 Ordway reviews. | 91% (Based on 17 reviews) |
Integration
Accounting | As reported in 15 Ordway reviews. Provide integration with accounting and financial management software | 90% (Based on 15 reviews) | |
Payments | Integrates with other payments software 16 reviewers of Ordway have provided feedback on this feature. | 94% (Based on 16 reviews) | |
ERP | Based on 12 Ordway reviews. Deliver integrations with accounting modules of ERP systems | 85% (Based on 12 reviews) | |
Payments | Based on 11 Ordway reviews and verified by the G2 Product R&D team. Integrate with payment processing software and payment gateways. | 86% (Based on 11 reviews) | |
Accounting | Based on 11 Ordway reviews and verified by the G2 Product R&D team. Integrate with financial management systems such as accounting and ERP. | 86% (Based on 11 reviews) | |
CRM & Sales | Based on 11 Ordway reviews and verified by the G2 Product R&D team. Integrate with software that manages customers, sales, and marekting. | 74% (Based on 11 reviews) |
Order Management
Opportunities | Manage open opportunities for new or existing customers. | Not enough data | |
Order History | Based on 12 Ordway reviews and verified by the G2 Product R&D team. Track all open and closed orders by customer, or by product and plan. | 78% (Based on 12 reviews) | |
Renewals | Based on 12 Ordway reviews and verified by the G2 Product R&D team. Plans can be renewed automatically or manually, when changes are required. | 81% (Based on 12 reviews) |
Products & Plans
Packages | Based on 12 Ordway reviews and verified by the G2 Product R&D team. Track the financial performance of various types of packages. | 81% (Based on 12 reviews) | |
Multi-part Deals | Based on 12 Ordway reviews and verified by the G2 Product R&D team. Create deals that combine multiple products and plans, with differrent pricing | 79% (Based on 12 reviews) | |
Plan Changes | Based on 12 Ordway reviews and verified by the G2 Product R&D team. Monitor plan changes such as upgrades and downgrades, or cancellations. | 88% (Based on 12 reviews) | |
Bundles | Based on 10 Ordway reviews and verified by the G2 Product R&D team. Ability to group standard plans and products to create bundles | 73% (Based on 10 reviews) |
Pricing
Standard Price | Based on 11 Ordway reviews and verified by the G2 Product R&D team. Assign standard monthly and yearly prices to products, plans, and packages | 82% (Based on 11 reviews) | |
Discounts | Based on 11 Ordway reviews and verified by the G2 Product R&D team. Define standard and custom discounts that can be applied to one or more products and plans | 85% (Based on 11 reviews) |
Revenue Management
Automation | Based on 12 Ordway reviews and verified by the G2 Product R&D team. Ability to create and send invoices automatically at predefined or custom frequencies. | 88% (Based on 12 reviews) | |
Consolidation | Based on 12 Ordway reviews and verified by the G2 Product R&D team. Consolidate invoices so customers can make one payment for multiple bills. | 88% (Based on 12 reviews) | |
Adjustments | Based on 13 Ordway reviews and verified by the G2 Product R&D team. Adjust invoices to handle exceptions and correct errors. | 78% (Based on 13 reviews) | |
Billing Types | Based on 13 Ordway reviews and verified by the G2 Product R&D team. Provide the option to combine recurring, one-time, and usage based billing | 85% (Based on 13 reviews) |
Usage Metering - Usage-based billing Software
Metering engine | Track customer's usage data based on the services they have subscribe to | Not enough data | |
Data extraction/ingestion | Connect to data sources to pull/push usage based data via data-source-specific connectors or APIs | Not enough data | |
Analytics/reporting | Create and send usgae based reports such as product usage, free units, etc to clients | Not enough data |
Bill Generation - Usage-based billing Software
Templates | Provide standard document templates for Invoice, payment, refund and contracts | Not enough data | |
Digital Billing | Ability to convert invoices to digital formats such as PDF | Not enough data | |
Usage Billing | Automatically generates invoices based on the service usage | Not enough data |
Bill Processing - Usage-based billing Software
Consolidation | Allow users to consolidate multiple invoices into one | Not enough data | |
Batch Invoicing | Ability to create multiple types of invoices | Not enough data | |
Management | Manage invoicing for different types of products or services | Not enough data |
Integration - Usage-based billing Software
Accounting | Provide integration with accounting and financial management software | Not enough data | |
Payments | Integrate with payments software to facilitate payments | Not enough data | |
ERP | Deliver integrations with accounting modules of ERP systems | Not enough data |
