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24 September 2018

New In Town…Introducing Binary Stream

You are here: Home » News » New In Town…Introducing Binary Stream

ISV

Binary Stream Software is a Microsoft Gold Certified Independent Software Vendor (ISV) providing comprehensive functionality for extending the accounting functionality of Dynamics 365 Business Central and Dynamics 365 for Finance and Operations.

With Binary Stream solutions, organizations facing complex accounting challenges can achieve Tier 1 ERP capabilities without upgrading or adding additional accounting staff. We not only help make critical business processes scalable and easier to manage, but allow for hundreds of thousands of dollars in savings in the process. Our solutions have been a key element in the Microsoft Dynamics ERP ecosystem for decades.

Introduction
Incorporated in 2000, and headquartered in Vancouver, B.C., Canada, Binary Stream is an award-winning ISV with an 8 time Microsoft Dynamics President’s Club induction, an annual award honoring the top 5 percent of Microsoft Dynamics partners worldwide. Binary Stream has also received many other notable awards such as Business in Vancouver’s BC’s Top 100 Fastest Growing Companies in 2010, PROFIT 200’s list of Canada’s Fastest-Growing Companies in 2012, CDN Channel Elite’s Best Mid-Market Solution finalist in 2016/2017, and as a Top 100 Tech Company in BC, Canada, this year in 2018.

Our solutions are instrumental in small and medium enterprises across a wide range of industries including shipping and logistics, manufacturing, software, telecommunications, and warehousing. Binary Stream is committed to providing exceptional return on investment to our clients and continued business opportunity to our partners. Our year-over-year growth and increased revenues for partners is a testament to that commitment.

How We Help
You can count on Binary Stream to deliver unique, scalable, enterprise-grade software products, designed to make complex business processes easier than ever to manage and integrate seamlessly with Microsoft Dynamics ERP. An organization that thrives on building strong lasting relationships, Binary Stream is committed to above-and-beyond support that drives partner success. We continuously push to innovate and develop unique products that save our clients time and money.

We develop entirely in Microsoft technologies, such as Dexterity, .Net, Business Portal and eConnect, Binary Stream creates innovations combining the same look and feel you are familiar with – with added performance and security you can trust.

Simplifying Subscription Billing & Deferrals
Integrated into Microsoft Dynamics ERP, our Advanced Revenue and Expense Deferrals (ARED), Advanced Recurring Contract Billing (ARCB), and Multi-Element Revenue Allocation (MERA) solutions combine end-to-end billing and deferrals with the powerful accounting and finance capabilities of Microsoft Dynamics ERP. Because these solutions are sold as a suite, as well as embedded as part of the Dynamics ERP user interface, they are easy-to-setup, easy-to-learn, and easy-to-use.

This suite of solutions can be easily extended to cover the entire quote-to-cash process. At the front-end in the CRM system where quotes and orders are generated, they seamlessly pull the relevant customer contract details into Dynamics ERP. At the back-end cash side of the cycle, they make collections less painful and more financially rewarding.

Business Challenges your Company is Facing
Inefficiencies can be abundant within the billing process and can cause accounting departments a variety of difficulties. On top of that, maintaining billing schedules in Excel (or another disparate systems) can add days or weeks to any business’ month end processes.

Foremost Capabilities of our Solution
This suite of solutions help automate time-consuming invoicing processes by importing billing schedules and contracts. Plus, they allow for your clients the ability to process credit card, ACH, and EFT payments. All of this helps maintain accuracy while processing thousands of invoices. Finally, these solutions help manage multi-element revenue allocations for complex contracts so businesses can efficiently comply with IFRS 15.

Tangible Solution Benefits
These solutions are designed to work with compliance standards. They will enable your clients to reduce the amount of time they are forced to spend managing each contract, allowing users to focus more resources on growth. With these solutions, your clients efficiently and quickly receive payments from customers, as well as enjoy the ability to handle many different types of subscription charges. Overall, with these solutions, your clients will be able to scale their businesses without stressing their accounting department.

With our Subscription Billing suite of solutions at the forefront of your receivables and deferrals architecture, businesses in any industry can scale their ERP to meet their needs successfully. To learn more about Binary Stream’s Subscription Billing solutions, ask about partnering with us and request a demo. Plus, we’ll be at Directions EMEA from October 29th – 31st, so please feel free to ask about setting up an in-person demo at our booth!

Learn how to comply with IFRS 15 with Binary Stream’s Subscription Billing Solution

Register now!

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