Orb's API now supports adding, removing, and replacing prices when creating a new subscription, or changing the plan for an existing subscription (See: Subscription Price Overrides). This is useful when a new customer has negotiated one or more different prices for a specific plan than the plan's default prices.
For information on how to use this feature, see the API specification:
Orb now supports specifying a custom billing cadence or one-time service period. Previously, prices could only recur monthly, quarterly, semi-annually, or annually. Now you're able to specify a custom duration in days or months. You can also now specify a custom service period duration for one-time prices, which determines the duration of the line item.
Orb's API now supports the dry running of requests. Dry running API requests allows you to validate the correctness of a request without making any actual changes to the system. This feature is particularly useful for ensuring that the request does not contain any errors and for previewing the potential response of a mutation before committing it.
Dry-running a request is as simple as including a “Dry-Run” header with a value of “True”, as shown below:
curl --request POST \ --url https://api.withorb.com/v1/subscriptions \ --header 'Dry-Run: True' \ --header 'Accept: application/json' \ --header 'Authorization: Bearer null' \ --header 'Content-Type: application/json'
More information can be found in our documentation.
Orb now allows adding and removing prices during subscription creation and plan change. Previously, plan overrides only allowed prices to be modified. This allows the creation of a wide variety of custom plans using a small number of template plans, without having to construct the new plans from scratch. It also makes it easy to create add-ons to existing plans and subscriptions.
See the docs here: Subscription price overrides
Orb's backfill feature allows you to amend or replace events in a given time frame. This can be useful in cases where revising events is necessary, such as in the case of incorrect event reporting.
Backfills now support filtering across time ranges and with computed properties, which enables the expressiveness of SQL when replacing events. Using the `deprecation_filter` field requires `replace_existing_events` to be true and the filter must be an expression that is coercible to a boolean - for more information, see the docs here.
Orb's data exports feature now supports invoice billings broken down by line item through the Invoice Line Item Billing resource. This information can be used to power use cases like: calculating precise discount amounts and breaking down billed amounts by price.
For customers with data exports included in your plan, this resource will automatically be included in the list of resources exported to your data destination.
This resource is a powerful way to understand and track the individual line item values for invoices that have been billed. As opposed to the Daily Line Item Revenue resource, this resource avoids the need to filter to line items for invoices that have yet to be billed and aggregates line item amounts into a single value instead of one value per day.
For more information about this resource, please check out our documentation. If you'd like to learn more about the data exports product generally, please feel free to look through our docs or reach out to the Orb team.
Orb now offers recognized revenue, billings, deferred revenue, and unbilled revenue reports in the web application. With daily granularity into your revenue, you gain visibility into the essential financial metrics that allow you to make informed decisions and streamline your accounting processes.
With Orb Reporting:
Revenue recognition becomes quick and seamless. Orb supports simple compliance with ASC 606 standards in mind, eliminating the need to manually adjust for non-monthly aligned line items, credits, expirations, minimums, discounts, and plan changes. You can even understand the financial health of your business: The filtering and pivoting capabilities allow you to investigate your revenue data, identify and mitigate any potential risks, have better revenue predictability, and learn about what’s driving growth for the company.
Learn more here and let us know what you think!
Orb now allows adding and editing individual adjustments (discounts, minimums, and maximums) on a subscription. You can programmatically model adjustments to your pricing while maintaining total control over billing and invoicing; this can be used to allow customers to redeem coupons on a subscription or to allow your support team to easily give discounts as needed. Adjustments can be backdated into the past or scheduled for the future, and Orb will always correct your customer's invoices to ensure correct billing. Adjustment intervals can be modified using our price intervals API — see the docs here.
Orb's data exports feature now supports daily revenue broken down by line item through the Daily Line Item Revenue resource.
For customers with data exports included in your plan, this resource will automatically be included in the list of resources being exporter to your data destination.
This resource is a powerful way to understand and track daily quantities and associated costs for invoice line items for both past and current invoices.
This information can be used to power use cases like: daily revenue recognition workflows and running pricing analyses and exercises.
For more information about this resource, please check out our documentation. If you'd like to learn more about the data exports product generally, please feel free to look through our docs or reach out to the Orb team.
The update subscription API endpoint allows you to make updates to the terms of an existing customer subscriptions. This added functionality allows you to programmatically update a specific subscription as your customer’s needs evolve.
This endpoint can be used to update: