Ordway
6.2#10 in revenue recognition softwareWebAPI
Visit| Fact | Ordway | ScaleXP |
|---|---|---|
| Founded | 2018 | LinkedIn lists the company as founded in 2021. |
| Headquarters | Washington, DC, United States | ScaleXP lists Kings Place, 90 York Way, London N1 9AG as its headquarters. |
| Implementation | Ordway says typical implementations take about 30 to 90 days, with many deployments averaging about 45 to 60 days. | The Xero integration page says a typical implementation takes about three weeks, depending on scope. |
| Licence | Ordway is presented as a hosted SaaS application and API; the reviewed official pages do not publish an open-source licence. | The terms grant a limited internal-business licence and reserve ScaleXP intellectual property, indicating proprietary software. |
| Product | Ordway combines subscription and usage billing, payment collection, accounts receivable, revenue recognition, and recurring-revenue reporting. | ScaleXP automates finance operations and month-end workflows, including revenue recognition, journal preparation, reporting, and consolidation. |
| Rating on Capterra | 4.8 out of 5 from 11 reviews. | 4.8 out of 5 from 11 reviews. |
| Rating on G2 | 4.6 out of 5 from 79 reviews. | 4.9 out of 5 from 16 reviews. |
| Rating on GetApp | 4.8 out of 5 from 11 reviews. | 4.8 out of 5 from 11 reviews. |
| Revenue recognition | Ordway supports ASC 606 and IFRS 15 workflows including deferred and recognized revenue and journal-entry generation. | The platform supports deferred and accrued revenue workflows aligned with IFRS 15 and ASC 606. |
Ordway is suited to technology-centric businesses that need billing across subscription, usage, or other pricing models alongside revenue recognition and receivables. It may also fit teams connecting billing to accounting, CRM, payment, or external software systems.
ScaleXP suits growing companies with recurring revenue, multiple entities, or reporting that has outgrown spreadsheets. Teams should compare plan limits, including Starter’s caps of two users and 200 invoices per month.