Beyond the invoice: AR aging in Orb

Usage-based billing systems often focus on metering and invoice generation, but the real challenge lies in ensuring payment collection, which is where engineering and finance teams frequently encounter difficulties. Orb addresses this issue by providing an AR aging report that offers finance teams visibility into outstanding invoices, enabling them to prioritize collections and manage cash flow without switching systems. This functionality is part of a broader approach to connect metering with revenue realization, simplifying workflows that previously required multiple tools. Orb's flexibility allows integration with existing systems, but also introduces a direct connection between usage-based billing and finance workflows, reducing reconciliation needs. The launch of Orb Contract-to-Cash complements this by managing the front-end billing setup, aiming to support the entire lifecycle of usage-based monetization, which involves collaboration across sales, product, engineering, and finance departments. Ultimately, ensuring that metering systems are linked to efficient payment processes is crucial for effective revenue management.