Case Study: Vestwell saves 10+ days per quarter with Ordway

Vestwell saves 10+ days per quarter with Ordway

Vestwell, a fintech company redefining 401k and workplace savings programs, faced significant challenges with its manual, spreadsheet-driven billing processes. Their finance team struggled with a time-consuming quarterly close, complex usage-based billing calculations, and a lack of real-time revenue visibility for investor reporting. To address this, they implemented the Ordway billing and revenue automation platform.

By integrating Ordway with their Salesforce instance and internal SaaS systems, Vestwell automated its sales-to-finance workflow and usage-based invoicing. This solution delivered substantial results, saving the company over 10 days per quarter on the billing process. Using Ordway also eliminated the need to hire a full-time billing specialist, resulting in an estimated $40,000 to $60,000 in annual savings and providing the finance team with real-time revenue data for improved reporting.

Vestwell