# **Billing Software**

## Invoicing for “as-a-service” business models

## Billing software for today’s innovative pricing models and contracts

### Product and price catalog

Model all your product offerings, packaging configurations, and price promotions. Keep synchronized with your CRM.

### Recurring and one-time charges

Bill a [flat monthly subscription fee](https://ordwaylabs.com/products/subscription-billing-software/) or calculate variable fees based upon billable hours, [usage](https://ordwaylabs.com/products/usage-based-billing-software/), or a percentage of transaction value.

### Rating engine

Compute charges based upon metered consumption. Apply overage fees and rollovers. Prepaid credits, free units, and monthly minimums.

### Prorated charges

Auto prorate charges for mid-contract changes (upsells and cross-sells) that change products, price, term, or billing schedule.

### Taxes & currency

Compute VAT, GST, or sales/use tax for various national, state, and local jurisdictions. Apply currency conversions based upon FX rates.

### Invoice generation

Customized invoice designs to match your brand identity. Include subscription and usage details. Show the math behind calculations.

## **Flexible to support trillions of billing combinations**

### Contract types

- New Order
- Upgrade
- Downgrade
- Renewal
- Cancellation

### Price promotions

- Freemium
- Free Trials
- Discounts
- Free Credits
- Ramp Up Pricing

### Billing timing

- Bimonthly
- Monthly
- Quarterly
- Semi-Annual
- Annual

### Invoice frequency

- First Day
- Last Day
- Anniversary
- Event Triggered
- Threshold Driven

### Charge types

- Discounts
- Coupons
- Uplifts
- Refunds
- SLA Credits

## **Put your billing on auto pilot**

### **Scale revenue and customers without adding FTEs**

### Move away from spreadsheets and manual processes to automated billing software. **Automate:**

- **[Subscriptions](https://ordwaylabs.com/products/subscription-billing/)** with multiple tiers and feature add-ons
- [**Usage based billing**](https://ordwaylabs.com/products/usage-based-billing-software/) with spend commits or prepaid credits
- **Contract changes** with mid-month pro-rations
- **Consolidated billing** and split billing arrangements
- **Revenue sharing** and partner commissions

## **Custom designed invoice templates**

### **Present a branded customer experience for billing**

### Generate invoices as well as **estimates**, **pro forma invoices**, **statements**, **credit memos**, and other customer-facing documents**.

#### Custom templates

Match your brand identity by adding your organization’s logos, fonts, and colors.

#### **Calculation formulas**

Show the math behind the calculations. Display the formulas, inputs, and rating tables.

#### **Invoice fields**

Include PO number(s), contact info, bank payment instructions, marketing promotions, or attention fields.

## Billing software designed for subscription and recurring revenue models

### **Usage-based billing software**

#### For metered consumption.

- **Pricing models:** Bill for volume, tiered, stair step, and other usage-based billing models.
- **Contract structures**: Pay-as-you-go, pre-paid credits, monthly minimums, and spend commitments.
- **Credit balances**: Track pre-paid units. Apply rollovers and expiration rules. Trigger replenishments.

[Learn More](https://ordwaylabs.com/products/usage-based-billing-software/)

### **Subscription billing software**

#### For fixed monthly fees.

- **Pricing models:** Per user per month, multiple tiers, and other value metric models.
- **Contract structures:** Free trials, freemium, discounts, credits, cash back, and waivers.
- **Credit balances:** Prorate for new line items, price changes, and term extensions.

[Learn More](https://ordwaylabs.com/products/subscription-billing-software/)

### **Designed for customer growth**

## **Pro-ration for mid-contract changes**

### Automate **upgrades**, **downgrades**, **cancellations**, **migrations**, and **reactivations**.

#### Line-item changes

Apply changes to products, prices, discounts, and quantities to invoices at a line-item level.

#### Contract and end dates

Adjust billing to be co-terminus with existing contract schedules or newly executed contracts.

#### Prorated calculations

Calculate partial period charges for current, future, or historical billing periods.

### **Designed for international expansion**

## Taxes and currency

**US sales tax:** Integrate with tax applications to determine rates for various US states, counties, and local jurisdictions.

**VAT and GST:** Include VAT and GST tax charges on invoices for Canada, UK, Europe, Australia, New Zealand, and other countries.

**Currency:** Bill in USD, CAD, GBP, EUR, AUD, and hundreds of other currencies. Update monthly based upon foreign exchange rates.

### **Trustworthy accurate billing**

## Avoid invoice disputes that cause friction in customer relationships.

- **Match the line-item descriptions** word-for-word with customer’s contract.
- Display the **formulas**, **inputs**, and **rating tables** used for calculations.
- **Explain high-dispute charges** such as overages, commissions, and uplifts.
- **Ensure accurate pro-rations** for upgrades, renewals, and cancellations.

## **Uplifts, discounts and credits**

### **Apply line item level adjustments**

- **Uplifts:** Schedule price increases for specific calendar dates or contract renewals. Compute markups based upon percentage increases or the current price list.
- **Discounts:** Apply discounts, promotions, and coupons to specific line items, groups of line items, or the entire bill. Use percentage or absolute dollar amounts.
- **Credits and surcharges:** Apply refunds, rebates, adjustments, SLA, and non-performance credits. Add late fees, termination penalties, and other surcharges.

## See the industry’s most flexible billing software in action.

[Get Demo](https://ordwaylabs.com/get-demo)