August 10, 2020—Vancouver, CA—Binary Stream’s latest solution, Property Lease Management, has been selected as Microsoft-preferred. It’s a solution built to manage property, plant and equipment leases, and lease portfolios across the globe.
Property Lease Management embeds directly into Dynamics 365 for Finance and Operations, allowing customers to work within a familiar interface, while gaining access to tools which simplify both lessor and lessee accounting processes. Some of the benefits include:
– Automates time-consuming parts of the PP&E lease process
– Optimizes complex charges and reconciliations
– Enables compliance with recent accounting standards
– Provides organizations with actionable data
– Gives robust vacancy and delinquency reports, rent roll reports, and lease summary reports.
Binary Stream has worked in the Microsoft Dynamics space for the past two decades, and this comes as welcome recognition of an ongoing partnership. Lak Chahal, President and CEO at Binary Stream, said: “We’re grateful for this recognition and see it as a reflection of our team’s hard work. We intend to continue improving and growing so that we can continue to serve companies across the world.”
A rigorous selection process means that the solution had to prove competencies and capabilities. All Microsoft-preferred solutions must show quality, performance, and the ability to address customer needs. Lak Chahal was quick to point out that Binary Stream will not be resting on their laurels. Instead, this is a stepping-stone to even further innovation: “Our commitment to the cloud and constantly innovating means that there’s plenty more we hope to achieve within the Microsoft Dynamics space.”