Binary Stream
Binary Stream provides innovative solutions for multi-entity organizations, enabling them to streamline processes, manage growth, and reduce costs. Their expertise spans various industries, including finance, healthcare, real estate, IT, professional services, and manufacturing. With a strong foundation in Microsoft Dynamics products, they offer highly specialized add-ons that enhance the capabilities of existing modules, driving efficiency and growth.
Key solutions include:
Multi-Entity Management (MEM)
MEM consolidates multiple entities into a single database, simplifying financial management for multi-entity organizations. It reduces complexity, consolidates reports, and streamlines intercompany transactions while ensuring robust security and visibility.
Advanced Revenue & Expense Deferrals (ARED)
ARED automates the deferral of revenue and expenses, providing flexibility in recognition and compliance with global accounting standards like ASC 606 and IFRS 15. It is ideal for industries with subscription-based or prepaid services.
Subscription Billing Suite
This solution is designed for businesses transitioning to subscription-based models, offering features for recurring billing, usage-based pricing, and integration with CRM to manage customer relationships and ensure compliance.
Property Management
Binary Stream’s property management solution integrates lease accounting, billing, and financial reporting within Microsoft Dynamics. It supports complex leases, including escalations, CPI adjustments, and diverse real estate portfolios.
Healthcare Materials Management
This module optimizes healthcare supply chain processes by enhancing control over procurement, requisition, and fulfillment. It provides deep insights into material consumption and helps reduce inefficiencies.
Advanced Recurring Contract Billing (ARCB)
ARCB automates invoicing for recurring contracts, supports escalation, and integrates usage-based billing, which is crucial for industries that handle periodic billing and service renewals.
Easy Currency Exchange Utility
This solution simplifies currency management within Microsoft Dynamics 365 Business Central by automating exchange rate updates and conversions. It connects to a web-based exchange data provider, ensuring businesses always have access to accurate and up-to-date rates. Companies dealing with multiple currencies and fluctuating exchange rates can set up automatic updates, customize frequency, and manage currency conversions efficiently, reducing manual effort and minimizing financial discrepancies.
Additionally, Binary Stream's solutions assist organizations with compliance, risk management, and financial transformations, leveraging automation to streamline operations across diverse global markets.