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Press Releases
Binary Stream participates in one of the most interesting industries, specifically in the ERM/ERP software marketplace. To get a feel of what it is all about, you can read about our recent developments here.
August 26, 2010
Binary Stream is Announced as a CDN Finalist for the Best Enterprise Solution!
July 15, 2010
Binary Stream Software Named to the 2010 Microsoft Dynamics President's Club
May 4, 2010
New Multi-Facility Processing Module is Ready for GP Manufacturing
April 5, 2010
Pre-Convergence Partner Seminar: Multi-Facility Processing & Property Site Manager Updates and Planning
March 31, 2010
The Partner Elite Educational Workshop Series: The Multi-Facility Security Layer
March 2, 2010
Binary Stream is Once Again Sponsoring the The spOt Party!
February 12, 2010
2010 Olympic Torch In Our Back Yard
February 5, 2010
Binary Stream Software Earns Certified for Microsoft Dynamics Accreditation
January 22, 2010
Binary Stream is a Bronze Sponsor of Microsoft Convergence 2010
January 14, 2010
Binary Stream Reaches the First Milestone Toward Achieving the Certified for Microsoft Dynamics Accreditation
2009 Press Releases
07/15/09
Binary Stream’s Multi-Facility Processing is Certified for Microsoft Dynamics GP
10/02/09
Binary Stream Once again is named as one of BC’s fastest growing companies by Business in Vancouver
07/15/09
Binary Stream Software Named to 2009 Microsoft Dynamics President's Club
05/02/09
Binary Stream is Celebrating Ten Years of Software Excellence
02/20/09
Multi-Facility Processing Once Again Steals the Spotlight
01/29/09
New Features are Released for the Lease/Loans Manager
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Binary Stream’s Multi-Facility Processing is Certified for Microsoft Dynamics GP
October 23, 2009
Burnaby, BC -
Binary Stream’s Multi-Facility Processing has long been a groundbreaking product for Microsoft Dynamics GP users and partners who need to find a solution to manage the complexities that arise in multi-entity or multiple company organizational arrangements. This solution allows GP users to run multiple entities in one database securely. Providing many workflow and resource consolidation benefits, this product has saved companies hundreds of man hours and created a more solid reporting environment. Multi-Facility Processing is an important solution to a common structural situation. Currently the solution is being used by over 180 companies worldwide.
In the past week Binary Stream’s Multi-Facility Processing was approved as a Certified for Microsoft Dynamics product. This certification is held for partner solutions that have met the highest standard for customer trust, technology robustness and integration/compatibility with Microsoft’s products. Having received the approval of Microsoft and of at least ten customer reference accounts, this designation provides assurance to the quality and usefulness of any product that it labels.
Binary Stream is very proud to receive certification for one of their largest products. “We have always focused on creating solid and robust products. In receiving the certification for Multi-Facility Processing I know that our work is being recognized by Microsoft for the time we have spent behinds the scenes making it all come together,” said Lak Chahal. Binary Stream Software is a Gold Certified Microsoft Partner and has been developing solutions for the Microsoft Dynamics GP platform for over a decade. For more information on Multi-Facility Processing visit their website at www.binarystream.com.
Binary Stream Once again is named as one of BC’s fastest growing companies by Business in Vancouver
October 2, 2009
Burnaby, BC -
Business in Vancouver (BIV), the leading provider of business news within British Columbia, has once again ranked Binary Stream Software in the province’s top 100 fastest growing company annual list. Binary Stream Software based out of Burnaby, BC is a gold certified Microsoft partner. By designing and developing innovative software add-ons to Microsoft Dynamics GP, one of Microsoft’s four enterprise resource planning (ERP) platforms, Binary Stream has earned a reputable name within the Microsoft and Vancouver business communities and is currently a member of Microsoft’s prestigious president’s club.
Since 2004 Binary Stream has grown rapidly seeing their revenues increased at a rate of 433 per cent during this time. With a final ranking as the 36th fastest growing company in the province, the producer of software products was represented in a broad spectrum of other industry sectors, all of whom had seen dramatic growth in revenues over the five year period. Lak Chahal, Binary Stream’s CEO and President recently said in response to the Business in Vancouver designation, “We are thrilled once again to be named to the top 100 fastest growing companies in British Columbia again. Year over year we have worked within our business communities to help businesses make their technologies workflows better in every way. In doing our work well we have seen much success and we look forward to continuing these efforts with the future challenges and opportunities we face.”
Now employing twenty-two people, Binary Stream Software is poised to build on their previous successes with several new product developments in 2009. The companies named on the B.C.’s fastest-growing companies list were released by Business in Vancouver at their annual business reception on October 1, 2009.
Binary Stream Software Named to 2009 Microsoft Dynamics President's Club
July 15, 2009
Burnaby, BC -
Microsoft Honours Binary Stream Software for Outstanding Customer Commitment and Sales Achievement.
Binary Stream Software has been named to the 2009 Microsoft Dynamics President’s Club for the third consecutive year, receiving recognition from Microsoft Corp. for its dedicated commitment to customers. This honor reflects Binary Stream Software’s success in extending the Microsoft Dynamics platform to drive business advantages in companies worldwide.
This recognition came during Microsoft's Worldwide Partner Conference in New Orleans. It is a prestigious club, recognizing a small group of Microsoft Business Solutions partners worldwide for achieving a high level of sales and business performance while maintaining a constant dedication to customer satisfaction and innovation.
“Microsoft is proud to congratulate Binary Stream Software on being named to the 2009 Microsoft Dynamics President’s Club,” said Doug Kennedy, vice president, Microsoft Dynamics Partners. “This accomplishment is a result of Binary Stream Software demonstrating unparalleled commitment by investing in the success of Microsoft Dynamics, our customers and solutions.
Binary Stream has been developing innovative enterprise solutions for Microsoft Dynamics GP since 1999. As an active member of the Microsoft Partner Community, the company currently provides GP users with over 15 out of the box products, through a channel of over 250 reselling partners worldwide. Even with the challenges of the past year the company has seen growth in their markets and continues to excel in bringing enterprise software products to companies who need them most.
Lak Chahal the president and CEO of Binary Stream Software was once again very touched by this designation and expressed his sentiments earlier this week. “We are very proud to have been able to continue to excel within this space through the products we have worked so hard to build over the years. As product providers there is no greater compliment than to hear that we have been doing our jobs well and that our clients are succeeding because of our products. We pride ourselves in facing challenging projects and I believe this is what sets our products apart and truly helps our clients succeed in their own efforts.” On July 14th in New Orleans, LA Binary Stream received the President’s Club Membership Award.
Binary Stream is Celebrating Ten Years of Software Excellence
June 2, 2009
Burnaby, BC
- Over the last ten years, Binary Stream Software has come a long way to become a member of Microsoft’s prestigious President’s Club and an integral player within the Microsoft Partner Channel. Employing over twenty-five people and having been named one of the fastest growing companies in British Columbia by Business in Vancouver, Binary Stream Software started off modestly in Lak Chahal’s basement in 1999. As a one man operation Lak, began building connections and developing custom solutions for Microsoft Dynamics GP within the partner community. Slowly the company grew to become a provider of several packaged solutions for common workflow bottlenecks in Microsoft Dynamic GP and by 2003 over fifteen products were being offered in variety of industries to fit a multitude of client needs.
Now as a mature organization Binary Stream has grown in size and reputation, through the help and support of their partners and end-users, to become one of the fastest growing companies in British Columbia and one of the top five percent of Microsoft partners worldwide. As they pass the ten year mark, Lak Chahal stated “We want to look back and thank everyone who has helped us get where we are today. We are truly grateful for the support of our partners, end-users and the Microsoft community overall. With ten years behind us, we know we are set to face the challenges and opportunities that will come tomorrow.” On February 1, 2009 Binary Stream officially reached the ten year landmark.
Multi-Facility Processing Once Again Steals the Spotlight
February 20, 2009
Burnaby, BC
- Binary Stream Software's Multi-Facility Processing has helped over a hundred Microsoft Dynamics GP users make the most out of their systems by securely centralizing and consolidating multiple databases into one single database for all of their sites, locations, divisions or other organizational entities. For Microsoft Dynamics GP users this solution can save hours of processing time and has helped resellers provide significant value and scalability to existing Microsoft Dynamics GP core functionality. In 2008 several updates, integrations and enhancements further improved this state of the art solution’s functionality and scope.
In efforts to better fit our customer’s needs, integrations to Integrity Data’s Advanced Payroll, Smart List Manager and Altec’s Document Imaging Software have been added to the Multi-Facility Processing in 2008. This means that within payroll you can utilize Integrity Data’s software to manage complex and changing payroll situations while still managing and accounting for your multi-entity structural set-up. You can now apply Multi-Facility Processing filters to the out-of-box Smartlists in Microsoft Dynamics GP and you can customize your own Multi-Facility Processing Smartlists using Smartlist Builder. By integrating with one of the industry’s best established document imaging software solutions from Altec, clients can ensure that their integrated document plans will fit within any multi-entity structure that is utilizing the Multi-Facility Processing and Altec’s solution. Since the overall impact of storing and handling paper documents can be a substantial cost to any organization from a financial, environmental and resource based point of view, this development is an important one for both our customers and our partners alike.
These updates are part of Binary Stream’s on-going strategy to constantly invest in our solutions, using feedback from clients to improve the solutions that help them get through and streamline business critical processes. If you would like to learn more about these developments please contact Binary Stream.
New Features are Released for the Lease/Loans Manager
January 29, 2009
Burnaby, BC
- Binary Stream Software's Lease/Loans Manager recently received several updates over the last quarter. The Lease/Loans Manager was built exclusively for businesses using Microsoft Dynamics GP who needed an embedded solution to manage multiple AR transactions related to leasing or loan activities. Whether they were leasing trucks or business equipment, the Lease/Loans Manager was fully integrated to the existing “Scheduled Payments” functionality within the Receivables Management module and managed essential leasing and loan activities such as using the rule of 78 to calculate and collect taxes from clients, enhanced payment status reports and streamlined transaction posting. This functionality has provided users with an average payback period of 1 year.
Of the recent developments that have been added to the Lease/Loans Manager, one of the most beneficial called “Mass Cash Receipts” will allow users to automatically post AR documents, create and post the cash receipts, and apply the payment to the AR document, saving on average, 2 minutes of processing time per cash receipt. This development potentially can save hundreds of hours, depending on the number of cash receipts a company manages on a regular basis. Additional billing frequencies have been added to the solution to enable it to bill and calculate interest rates on a weekly, bi-weekly or monthly basis. Interest frequencies can also be scheduled, providing users with additional flexibility in their billing schedules.
If you would like to learn more about these developments, please contact Binary Stream.