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Health Enterprises streamlines accounting by 60% with Multi-Entity Management.

June 18, 2025

Prior to adopting Business Central and Binary Stream’s Multi-Entity Management (MEM), Health Enterprises relied on Microsoft Dynamics GP with manual, error-prone intercompany processes.

Professional hispanic female doctor in a white coat writing while working on a laptop in her office.

Company overview.

Health Enterprises has been a trusted name in healthcare since 1986. With a lean accounting team and a growing portfolio of companies, they provide comprehensive healthcare services alongside Group Purchasing Organization (GPO) and supply chain solutions. This unique dual focus serves both healthcare organizations and non-healthcare companies seeking supply chain expertise.

Industry: Healthcare & supply chain services.
Founded: 1986.
Business Model: Multi-entity organization with complex intercompany transactions.
Team: Small, distributed accounting team (3.5 FTEs, primarily remote).

Challenge.

Prior to adopting Business Central and Binary Stream’s Multi-Entity Management (MEM), Health Enterprises relied on Microsoft Dynamics GP with manual, error-prone intercompany processes.

Without automated tools, finance staff had to manually balance transactions across four companies—several with embedded entities—which significantly slowed their month-end close and increased the risk of discrepancies.

“A single deposit could have 50 lines. Multiply that across four companies and you have 200 lines, so one missed intercompany line could throw everything out of balance.”
 — Karen Pierson, Director of Finance.

Solution.

When Health Enterprises transitioned to Dynamics 365 Business Central, they sought a robust intercompany solution. Their Microsoft partner, Enavate  (formerly Columbus), recommended Binary Stream’s MEM solution.

The organization implemented MEM in late 2021 and was able to:

  • Automate intercompany transactions.
  • Ensure every transaction was properly balanced.
  • Eliminate manual reconciliations across companies.

Results: Faster processes, greater accuracy.

  • Zero out-of-balance situations since implementation.
  • Month-end close reduced from 10 days to 4 days (60% improvement).
  • 10-20 hours monthly time savings in manual reconciliation work.
  • Avoided hiring additional staff despite business growth.
  • Eliminated financial close anxiety and last-minute balance corrections.

“Previously I was asked, ‘When will financials be done?’ Not anymore. Month-end is smooth, and we’re confident in our numbers.”
 — Karen Pierson.

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