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Binary Stream and Wiise Announce Partnership to Deliver Enhanced Multi-Entity Management.

December 5, 2024
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Binary Stream is excited to announce a partnership with Wiise, a cloud enterprise resource planning (ERP) platform for small and medium-sized businesses. This strategic collaboration will broaden the core functionality of the Wiise ERP platform, embedding Binary Stream’s multi-entity management solutions to empower organizations to efficiently manage groups of companies in a single system.

With this integration, users will be able to facilitate intercompany transactions across all business areas, including finance, service, projects and manufacturing. Users will also be able handle multiple currencies and report on performance for a single entity or several groups of companies in a real-time consolidated view.

“Given the growing global demand for ERP solutions, we see tremendous opportunity in the Australian market,” said Lak Chahal, CEO at Binary Stream. “Having a partner like Wiise that understands the local market requirements and has a strong relationship with KPMG Australia is a significant advantage for Binary Stream. Our goal is to reach as many Australian businesses as possible, and partnering with Wiise perfectly aligns with this vision.”

The added capabilities will significantly streamline processes for finance teams, reducing administrative burden and risk of error. Teams will also be able to eliminate data duplication across companies for suppliers, customers, vendors and inventory.

“Binary Stream has a long history of building robust solutions on the Microsoft platform,” said Charlie Wood, CEO at Wiise.

“Coupling Wiise’s enhancements of the Microsoft Business Central platform with Binary Stream’s multi-entity-management delivers an incredibly powerful solution that scales with businesses as they grow. Both our organizations share the core values of understanding the unique needs of our customers and supporting them with robust tools that minimize complexity and streamline operations.”

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