Case Study: Experlogix cuts month-end close by 50% with Binary Stream Subscription Billing

Experlogix cuts month-end close by 50% with Binary Stream

Experlogix, a global software company, faced significant challenges managing subscription billing and revenue recognition across five international entities after multiple mergers. Their lean finance team struggled with manual processes, spreadsheets, and disjointed systems, leading to inefficiencies and errors. To address this, they turned to vendor Binary Stream for a solution using their Subscription Billing service.

Binary Stream implemented its Subscription Billing solution within Microsoft Dynamics 365 Business Central to automate Experlogix's billing, deferrals, and revenue recognition. This centralized 1200 billing schedules, unified multi-currency and multi-entity operations, and provided flexible billing. As a result, Binary Stream helped Experlogix cut its month-end close time by 50%, from two weeks down to one, while greatly improving data accuracy and reporting visibility.

Experlogix