Case Study: Ocrolus achieves 90% faster billing and saves 18 days a month with Ordway

Ocrolus cuts billing cycle by 90% with Ordway

Ocrolus, a fintech infrastructure provider, was struggling with a disconnected and manual recurring billing process using their previous platform, Zuora. The challenges included an inability to effectively manage their custom usage-based contracts, poor tracking of deferred revenue and accounts receivable, and error-prone manual processes. Seeking a solution that could integrate with their Salesforce and QuickBooks stack, Ocrolus turned to the vendor Ordway and its billing and revenue automation platform.

By implementing Ordway, Ocrolus automated its entire order-to-revenue workflow. The Ordway platform provided the flexibility to handle complex usage-based pricing, prepayments, and deferred revenue, seamlessly integrating with Salesforce and QuickBooks. This automation resulted in a 90% acceleration of their monthly billing cycle, saving the finance team 18 days per month in manual effort and providing improved data accuracy and scalability for future growth.

Ocrolus