LOS ANGELES, CA. – August 5, 2020 – Solver, ranked among the highest rated companies in cloud-based Corporate Performance Management (CPM) for customer satisfaction by G2, announced its partnership with Binary Stream, a Gold Enterprise Resource Planning Partner Independent Software Vendor (ISV) delivering scalable software solutions simplifying company processes, such as subscription billing automation for Enterprise Resource Planning (ERP) customers.
Solver and Binary Stream have partnered to integrate Solver’s cloud-based CPM application with Binary Stream’s enterprise-grade software solution to offer customers a pre-configured integration and pre-built report templates. With this partnership, Microsoft Dynamics 365 Business Central customers using Binary Stream’s Multi-Entity Management and Subscription Billing Management apps can now use Solver to create professional grade reports across all of their data.
The integration enables quick loading of dimensions and data from Binary Stream’s tables in Microsoft Dynamics 365 Business Central. The report templates include more than 10 different layouts. Subscription Billing Management reports include: Churn Analysis; MRR; Monthly revenue per product/customer; Eight quarter rolling subscription revenue trend; Scheduled billing; invoiced vs. recognized amount; Deferred revenue current year and next three years; and Subscription revenue forecasting. A report example is shown below:
For Multi Entity Management, reports include: Consolidating P&L; and Multi-company benchmarking. An example of this report is shown below:
By partnering together for this integration, Solver and Binary Stream are focusing on delivering rapid time-to-value for Microsoft Dynamics 365 Business Central customers looking for advanced cloud-based financial and operational reporting. Budgeting and Forecasting is also provided as an option.
“Our relationship with Binary Stream goes back many years. In fact, Solver is one of their customers. In this project, engineers from both companies collaborated together to configure the integrations and to discuss reporting ideas,” says Nils Rasmussen, CEO at Solver. He continues, “Our mutual goal is to enable faster and better decisions for our joint customers by making it faster and easier to deploy our cloud products together with Microsoft Dynamics 365 Business Central.”
Lak Chahal, President and CEO at Binary Stream added, “We are excited to collaborate and innovate in digital transformation with Solver, and to jointly offer Microsoft Dynamics 365 Finance and Dynamics 365 Business Central users with a streamlined way to access clearer insights and make better business decisions regardless of the complexity of their underlying processes and data.”
With a quickly growing community of thousands of global customers and hundreds of partners worldwide, Solver provides a leading cloud Corporate Performance Management suite for Microsoft Dynamics 365 Finance and Business Central, Acumatica, SAP Business One, SAP ByDesign, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, NetSuite and other ERPs. Solver is ranked in the leader quadrant in the Corporate Performance Management (CPM) Software Grid on G2, Solver is also the overall Leader in Customer Experience Model in 2020 Dresner Wisdom of Crowds® Enterprise Performance Management Market Study and as a Microsoft Gold ISV Partner, Solver has won countless awards, including the Microsoft BI Partner of Year Award, recognition on the Gartner Group CPM Magic Quadrant, and Best Places to Work for a workplace culture that celebrates customer service, integrity, and innovation. Solver was named best in class for consulting continuity in Dresner’s Wisdom of Crowds EPM market report. Solver is sold through its 12 global offices and a worldwide network of partners. For any questions, visit www.solverglobal.com or contact Solver at [email protected].
About Binary Stream
Binary Stream is a Gold-Certified Microsoft ISV developing innovative solutions for digital transformation within both cloud and on-premise Microsoft Dynamics ERPs. Binary Stream’s award-winning solutions help streamline various business processes involving consolidation accounting, subscription management, property lease management, and healthcare supply chains. Being directly-embedded within the core platform, Binary Stream solutions extend the functionality of Dynamics 365 Finance, Dynamics 365 Business Central, and Dynamics GP.
With over 20 years of experience, Binary Stream continues to help organizations scale their businesses with robust functionality tailored to the finance, healthcare, real estate, manufacturing & distribution, and software industries. Over 2,000 organizations around the world trust Binary Stream to manage their financial processes with confidence and ease, while gaining the flexibility they need to cater to their customers. Backed by superb sales, development, implementation, and support teams, Binary Stream enables Microsoft Partners to provide their clients with future-proof solutions by building reliable, trust-worthy relationships. For any questions, please visit www.binarystream.com or contact Binary Stream at [email protected].