What Our Customers Say
"After our first conversation with Binary Stream, there was a strong sense of trust established because they illustrated their knowledge and expertise in Microsoft Dynamics GP transaction processing immediately. Binary Stream's ability to share our vision of the solution was unparallel compared to other software vendors.
~ Tara Schultz, Controller, WireOne
Empower Financial Decision Makers
Enabling financial decision makers to access and act upon timely data is essential for good decision making. For professional service and subscription providers knowing and understanding your revenue streams, including deferrals, is important for planning and decision making. The Advanced Revenue & Expense Deferrals software brings its users various tools to ensure you know what is going on in your organization.
Forecast Future Revenues
The Advanced Revenue & Expense Deferrals software enables you to accurately forecast revenue and expense recognition. By scheduling recognition amounts directly within Microsoft Dynamics GP, you will have direct access to the data needed to build accurate forecast reports and projections. With better information to forecast with you will be able to make better decisions for sales planning, corporate expansions and other decisions dependent upon available funding in the future.
Accurate Financial Snapshots
In any organization it is essential to know where your money is. By tracking your deferral information by the line item, you can retrieve accurate and timely financial snapshots of where your company stands today. With this information at your fingertips you can respond to revenue changes quickly and provide directors, shareholders and management with accurate revenue and expense reports.
Recognition Audits
Keeping track of thousands of journal entries related to deferral actives can be a challenge. By assigning specific action tags to every deferral process, you will be able to see all deferral activities in one place. Auditors will especially like to see that actions are tracked by users, date and by time. Additionally, all Advanced Revenue & Expense Deferrals data can easily be exported to Microsoft Excel for further manipulation and reporting.