Case Study: HappyCo achieves automated subscription billing and revenue recognition with Ordway

HappyCo scales finance without adding FTEs with Ordway

HappyCo, a provider of vertical SaaS applications for multifamily property management, faced significant challenges with complex subscription billing and revenue recognition, particularly due to intricate parent-child account hierarchies and high-velocity contract changes. Their previous system could not adequately handle automated proration for mid-contract upgrades or support their complex tax calculations. Seeking a solution, they turned to Ordway's recurring billing and revenue recognition software.

By implementing Ordway, HappyCo automated its entire billing process and revenue accounting, including dynamic proration calculations and support for complex parent-child relationships. This enabled the company to immediately invoice for upsells, accelerating revenue capture. The automation provided by Ordway allowed HappyCo to scale its finance operations without adding any new full-time employees, saving at least one FTE and establishing Ordway as the single source of truth for all customer and revenue reporting.

Happyco