Billing & Revenue Recognition Suite

Billing & Revenue Recognition Suite

An end-to-end solution to support virtually any customer subscription model.

Gives you in-depth control and flexibility to manage your billing cycle, within Dynamics GP.

Support any Billing Scenario with Ease.

The Billing & Revenue Recognition Suite (BRRS) is an end-to-end solution for your cyclical and subscription-based billing needs.

BRRS is ideal for organizations using one or more of the following models as a basis for revenue generation.

  • SaaS (Software as a Service or Cloud billing)
  • Web-based lead generation or advertising
  • Metered billing, or usage based billings
  • Annual maintenance agreements (software and/or hardware)
  • Subscription based services
Subscription Billing Suite
Advanced Recurring Contract Billing in-depth line level full

Scalable Solution for Complex Billings.

Focus on your customer not on your billing requirements.

  • Automate any cyclical, subscription, contract, usage/metered, consumption-based, or tiered billing schedule you can think of.
  • Streamline your most complex billing and revenue recognition processes.
  • Easily manage recurring contracts, multiple line items, and built-in escalation terms.
  • Handle tiered pricing, variable consumption, and Work in Progress simply.
  • Easily combine a one-time setup fee with monthly usage fees and annual renewals.
  • Run multiple companies out of a single GP database – centralized processing.
  • Seamlessly integrate with third-party solutions for a true end-to-end solution from payment gateways, tax solutions, and more.

Automate Billing Processes.

Equip yourself with an automated billing and revenue recognition solution in Dynamics GP.

  • Deliver great flexibility in invoicing.
  • Automated billing features for calendar billing, anniversary billing, subscription-based and metered usage-based billing.
  • Eliminate manual efficiencies by automating invoice creation, revenue recognition and invoice and document transmission.
  • Easily set items to automatically renew (Evergreen Billing).
  • Mass processing functionality allows you to create recognition entries for thousands of schedules in minutes.
ARCB2 automate billing schedule full
ARED schedule at the line level

In-Depth Control and Flexible Deferrals.

  • Automatically recognize revenue, whether it’s all-at-once, recurring, or deferred.
  • Efficiently manage mass deferrals.
  • Manage deferred and non-deferred items on a single invoice.
  • Recognize thousands of entries in minutes.

A Holistic View of Your Business Performance.

  • Get an in-depth look at revenues and track key financial data in real-time.
  • Improve forecasting of your revenue as it hits the balance sheet.
  • Track contract Work in Progress and unbilled revenue on the balance sheet.
  • Drill deeper and report on key metrics such as Monthly Recurring Revenue and Periodic Revenue Recognition.
  • Quickly produce your GL reconciliation reports to satisfy audit requirements.

Satisfy IFRS, FASB, and GAAP Compliances.

  • “Revenue from Contract with Customers” or “Accounting for Multiple-Element Arrangement” – ensure your revenue is recognized according to the accounting standards.
  • Staying on top of revenue recognition is a major challenge, and it’s complicated by fast-changing rules. ARED supports with the latest EITF 08-1, SOP 97-2, ASU 2014-09 [FASB ASC 606], and IFRS-15.

Seamless Cloud-Based and On-Premise Integrations.

Seamless Integration to Dynamics GP. ARED is built in Dexterity, the native programming language of Dynamics GP. With the same look and feel as you are used to in Dynamics GP, training time is minimized.

Flexible Deployment Options. Our products can be deployed on-premise, in a hosted environment or in the cloud as part of Microsoft Dynamics GP ERP.

Want an End-to-end Solution? Work better together when you connect your people, processes, and systems all from one place. Connect your front-end quoting/order entry systems, tax systems, payment gateways, Microsoft Suite of Products and other third-party products.

Have multiple entities? The subscription billing suite can seamlessly integrate with Multi-Entity Management, a fully integrated solution to Dynamics GP that offers true centralization of your many entities or divisions. Learn More…

The Billing & Revenue Recognition Suite.

Subscription billing does not have to be complicated. The Billing & Revenue Recognition Suite simplifies even the most complex billing and revenue recognition schedules. Need to combine a one-time set up fee with monthly usage fees and an annual support renewal? Are you tracking all these manually in Excel? The BRRS automates these complex billing scenarios with ease. BRRS is a fully-integrated solution and is comprised of the following products.

Advanced Recurring Contract Billing (ARCB)

  • Automate contracts and subscription, hosted or cloud billing.
  • Manage complex billing and contract requirements for varying frequencies.
  • Automate billing features for annual contract, subscription-based, and metered/usage-based billing.
  • Mass creation of invoices — generate up to fifty thousand invoices in under fifteen minutes.
  • Manage complex escalations, tiered pricing and Work in Progress.

 Learn more about ARCB

eMailer Manager (EMM)

  • Forward multiple or mass invoices to one or many recipients.
  • Send posted or un-posted invoices by batch, customer or by date.
  • Enable sending and printing of SOP and POP documents, EFT, AP and payroll remittances, project accounting invoices, SRS and Crystal Reports — through Outlook using Adobe Acrobat Writer or novaPDF.

Learn more about EMM 

Advanced Revenue & Expense Deferrals (ARED)

  • In-depth control and flexibility managing deferrals by line item in Dynamics GP.
  • Accurate and simple revenue and expense forecasting and financial reporting.
  • Full control of when you want to post journal entries.
  • Mass processing of deferrals.
  • Simplified VSOE calculations for bundled goods.
  • Event-based revenue recognition.
  • Manage schedules including cancellations, reclassifications and adjustments with ease.

Learn more about ARED

Sales Document Consolidation Manager (SDC)

  • Merge multiple invoices, orders or any other sales document despite the range of terms (daily, weekly, monthly etc.) with a push of a button.
  • Consolidate parent and child invoices into parent.

Learn more about SDC

 

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Browse our Billing & Revenue Recognition Suite resources.

Billing and Revenue Recognition Suite On-Demand Webinar

Simplify even the most complex billing and revenue recognition schedules, eliminate time-consuming and inefficient invoicing by automating document distribution, and create recognition schedules for thousands of journal entries in minutes with our Billing and Revenue Recognition Suite.

Billing and Revenue Recognition Brochure

Discover an end-to-end solution to support virtually any customer subscription model in Dynamics GP

Advanced Revenue & Expense Deferrals Brochure

Comply with complex accounting standards, ensure accurate forecasting, fast track reconciliations and create insightful reports easily with Advanced Revenue and Expense Deferrals.

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