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Stream's billing and revenue recognition suite is an end-to-end solution
designed to handle any complex billing scenario you can throw at it while
ensuring that the accounting of any revenue and expense deferrals is done
quickly and accurately. As with all Binary Stream products the suite is built
right within Microsoft Dynamics ERP and can be used on-premise or in the Cloud.
individually or as part of a suite, Advanced Recurring Contract Billing (ARCB)
and Advanced Revenue & Expense Deferrals (ARED) give you the power to:
- Handle any type of billing including subscription charges
(recurring monthly, annually or at any frequency); one-time fees such as for
initial set-up; metered or usage-based fees such as time or amount consumed;
prices that change based upon volume or tiers; and many other methods.
- Automate the import of billing data and contracts from other
systems or create flexible billing schedules in ARCB (including multiple
schedules/contracts per customer) that support line-level details such as
multiple billing types per customer or item; differing billing frequencies and
differing start/end dates; built-in price escalations, and user-defined fields.
- Ensure that you get paid on time every time by automating the
recurring invoicing process and allowing your customers to self-serve through a
- Maintain complete accuracy while processing hundreds or hundreds
of thousands of monthly invoices. ARCB can create over 50,000 invoices in under
- Stay on top of your firm's financial performance in real-time with
insightful reports including monthly recurring revenue, periodic revenue
recognition, new contract sales, total contract revenue, waterfall reports or
create your own custom reports.
revenues and expenses, and quickly produce your GL reconciliation to satisfy