Flowrev vs Ordway
Flowrev
flowrev.comOrdway
ordwaylabs.comSide by side
| Figure | Flowrev | Ordway |
|---|---|---|
| Price from | $50/mo | — |
| Free plan | — | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | Yes |
| Plans published | 8 | 2 |
| Spec score · Revenue Recognition Software | 9.1 (#1) | 7.8 (#11) |
| Headquarters | LinkedIn lists headquarters in Portland, Oregon. | Washington, DC, United States |
| Licence | The opened pages do not state an open-source licence or identify Flowrev source code as open source. | Ordway is presented as a hosted SaaS application and API; the reviewed official pages do not publish an open-source licence. |
| Rating on G2 | 3.3 out of 5 from 3 reviews | 4.6 out of 5 from 79 reviews. |
| Support | Flowrev provides email support at [email protected] and a Freshdesk support portal. | Ordway provides a support portal with product documentation, learning paths, and technical support resources. |
| What it does | Flowrev automates cost and revenue recognition and lifecycle management for online accounting systems. | Ordway automates quote-to-cash operations including billing, payment collection, accounts receivable, revenue recognition and SaaS metrics reporting. |
Plans
Flowrev
- Bronze$50 a month
- Silver$100 a month
- Gold$150 a month
- Platinum$300 a month
- Launch$375 a month
- Grow$1,125 a month
- Thrive$2,250 a month
- AdaptPriced on request
Ordway
- Fixed subscription (custom proposal)Priced on request
- Ordway subscription platformPriced on request
In their own words
Flowrev
Flowrev is an online cost and revenue recognition service for subscription, SaaS, usage-based, percentage-complete, milestone and other business models. It connects to Xero and QuickBooks Online through their APIs and supports synchronization of accounting data, locking and one-click journaling. Recognition schedules can run once, monthly, quarterly, yearly or on a custom cadence, using per-diem, even-period, percent or template calculations. Service dates can be taken from invoices or calculated automatically. Flowrev checks schedules as they are created, explains triggered checks and keeps an audit trail of changes. Built-in reports cover MRR, ARR, revenue and cost waterfalls, deferred revenue, prepaid expenses, and future revenue and bookings forecasts. The company says its recognition process supports GAAP/ASC 606 and IFRS 15. A free 14-day trial requires no credit card and allows data export at any time. Organization plans start with Bronze at $50 a month, for up to 300 active revenue or cost schedules per year.
Ordway
Ordway is a billing and revenue platform for technology-focused businesses, including AI, SaaS, cloud, fintech, marketplaces, and subscription companies. It combines subscription and usage billing with payment collection, accounts receivable, revenue recognition, and recurring-revenue reporting. Supported billing models include subscription, metered usage, transaction-based, one-time, and hybrid pricing. Usage billing can handle allowances, overages, prepaid credits, rollovers, minimum commitments, and true-ups. Ordway tracks deferred and recognized revenue schedules and automates contract modifications for ASC 606 and IFRS 15 workflows. It lists integrations with Salesforce, HubSpot, NetSuite, Sage Intacct, QuickBooks Online, Xero, Stripe, Avalara, and Okta. REST APIs, webhooks, and a Payments SDK connect external applications and payment gateways. The platform also describes AI contract abstraction, natural-language financial reporting, and assisted billing and receivables workflows. It runs through web and API access. Pricing is paid and available on request; no public starting price is stated.