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Binary Stream Industries healthcare and longterm care
industry

Dynamic solutions for the healthcare industry.

Streamline supply chain management, improve provisioning, and seamlessly manage multiple entities with our solutions designed for the healthcare industry.
poise your team for future disruptions with agility and innovation

Transform everyday healthcare operations by bolstering your tech.

Digital inventory management.
Automated replenishment.
Real-time tracking and visibility.
Streamlined multi-entity management.
Scalable growth.
Centralized requisition management.
Lower cost of ownership.
100% Microsoft ERP integration.

The complete guide to financial management in healthcare.

Whether you're a healthcare executive or manager, this guide will help you understand where we can help. Learn everything from the complications introduced during healthcare mergers to supply chain management - a guide for those trying to simplify financial management and drive growth.
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What is the role of financial management in healthcare?

The primary role of financial management is reducing risk and managing finances to reach a healthcare organization's goals.

Providing healthcare requires a robust and organized administrative backbone, and what that looks like will vary between one healthcare organization and the next.

Objectives of financial management in healthcare: 
  • Reduce risk and increase stability with improved insights and planning.
  • Detect fraud and misuse of funds both internally and externally.
  • Simplify third-party payments and improve cash flow.
  • Negotiate the best vendor contracts and reduce supply chain issues.
  • Make profitable investments based on accurate and timely data insights.
  • Prevent the introduction of errors and mistakes to systems.
  • Reduce costs by better managing assets and working capital.
  • Manage contracts and avoid mistakes with streamlined processes.
  • Compliance with global healthcare and accounting standards. 

Innovate and thrive with automation.

Automation has become essential for financial management. To make informed decisions, businesses need real-time insights into cash flow, customer behavior, and entity performance. Without these insights, adapting to changing circumstances becomes a challenge.

Additional resources for healthcare supply chain management:
Emerging trends in supply chain management.
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Improve data management for financial consolidation.
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Solve common intercompany transaction challenges.
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5 simple steps to prevent revenue leakage.
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Jim Pattison Group

Jim Pattison Group saves $70,000 a year.

"Before MEM, whenever we had to do backups or version upgrades, we had to do it 150 times. It was a painful process."

Stephen Kai, Director of Finance.

BT CONFERENCING

BT Conferencing effortlessly manages over 10,000 deferral accounts.

“Subscription Billing has paid for itself more than once over. Having this solution to help us manage over 10,000 deferred contracts is an essential part of our financial processing.”

Paul Fortson, Director of Financial Systems.

SIGNATURE HEalthCARE

Signature HealthCARE saves $120,000 a year.

“There’s nothing else like this on the market. Multi-Entity Management is exactly what we were looking for.”

Bill Breitenbach, IT Director.

6 essential features for good data management in healthcare.

Learn more
Keep your system patched and updated.
Control data accessibility.
Encrypt data flow.
.
Comply with regulations.
Invest in scalable security.
Build a culture that prioritizes security.
Innovative solutions to solve complex challenges – all embedded within your Microsoft ERP.

Unlock greater efficiency with streamlined consolidations, automated workflows, and powerful insights directly within Microsoft Dynamics.

Say goodbye to manual consolidations and bottlenecks so you can focus on what matters most: growth and innovation. 

Solutions for:
Microsoft Dynamics 365 Business Central
Microsoft Dynamics GP
Binary Stream Industry Healthcare multi-entity management
Scalable security.
Meet your company’s security needs by managing each individual user’s access per entity.
Superior data accuracy.
Eliminate data silos, errors and redundancy by sharing a single master record.

No matter how intricate your pricing models are, Subscription Billing simplifies your processes, right within Microsoft Dynamics.

Drive greater efficiency with automated billing, streamlined compliance, and advanced reporting insights. 
 
Solutions for:
Microsoft Dynamics 365 Business Central
Microsoft Dynamics 365 Finance
Microsoft Dynamics GP
Binary Stream Industry Healthcare subscription billing
Subscription management.
Comprehensive subscription management is made easy by streamlining the entire order-to-cash cycle.
Advanced reporting.
Subscription Billing’s advanced financial reporting offers deep insights into revenue KPIs and the entire subscription lifecycle. 

Say goodbye to manual lease administration. Embrace business growth with our Property & Lease solution for Microsoft Dynamics. 

No matter the size of your property portfolio, unlock greater efficiency with streamlined lease administration, automated billing, and simplified compliance. 
  
Solutions for:
Microsoft Dynamics 365 Business Central
Microsoft Dynamics 365 Finance
Microsoft Dynamics GP
Binary Stream Industry Healthcare property and lease
Simplified residence billing.
Automate financial and operational lease invoice creation and billing processes for both lessee and lessor.
Hassle-free compliance.
Ensure compliance with IFRS 16 and ASC 842. Eliminate any errors in your lease calculations and financial reporting. 

Eliminate inefficiencies in your healthcare business environment with our Healthcare Materials solution, directly within Microsoft Dynamics.

Boost efficiency with streamlined healthcare supply chain management, automated replenishment, and enhanced inventory control. 
 
Solutions for:
Microsoft Dynamics 365 Business Central
Microsoft Dynamics GP
Binary Stream Industry healthcare materials
Real-time visibility.
Gain enhanced supply chain visibility ensure accurate inventory levels, reduce material waste, and avoid costly rush orders. 
Lower cost of ownership.
Healthcare Materials offers you one integrated solution to perform multiple functions.

Dynamic solutions, no matter your Microsoft ERP.

Microsoft Dynamics 365 Business Central
Dynamics 365 Business Central.
Expand your Business Central functionality with our Subscription Billing, Multi-Entity Management, Healthcare Materials, and Property & Lease solutions. 
Learn More
Microsoft Dynamics 365 Finance
Dynamics 365 Finance.
Get even more out of your Finance system with Advanced Subscription Billing and Property & Lease solutions. 
Learn More
Microsoft Dynamics GP
Dynamics GP.
Our solutions help you build on your existing GP solution and ensure you are ready for a future in the cloud. 
Learn More

Accelerate your financial management journey with Binary Stream.
 

Technology is rarely the most significant roadblock to achieving optimal financial management, which is why when we work with your company, we put our best people at the heart of your roadmap to success.
Whether you’re looking to digitize your healthcare inventory management or manage multiple healthcare entities, our solutions streamline your healthcare business processes—right within your Microsoft ERP solution. Don’t just take our word for it, see what our customers have achieved.

$120K

annual cost savings.

10K

invoices processed monthly.

200+

departments centralized.

100%

Microsoft ERP integration.

Learn more about how our solutions can simplify complex financial processes. 

View all resources
WATCH: How Binary Stream became the global standard for subscription management.
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Book a demo to see how our solutions simplify complex financial processes.