Binary Stream
41 Case Studies
A Binary Stream Case Study
A major multi-entity hotel corporation sought a new ERP system to support its aggressive growth and ensure Sarbanes-Oxley compliance. Operating over 50 hotels with a mix of owned, leased, and franchised properties, the company was burdened by 60 separate databases. This legacy system made consolidated financial reporting extremely slow, created data redundancy, and hindered secure data access for franchise partners. They chose to implement Microsoft Dynamics GP along with Binary Stream's Multi-Entity Management software to address these challenges.
The solution from Binary Stream consolidated all financial data into a single database. This allowed the hotel corporation to process over 125,000 annual payables transactions centrally and automate complex intercompany postings. The implementation delivered dramatic results: financial reporting time was reduced from one day to just five minutes, and the IT burden of maintaining dozens of databases was eliminated. Binary Stream's Multi-Entity Management also provided secure, restricted access for franchisees, giving the corporation the scalable, compliant platform it needed for continued expansion.
Multi-Entity Hotel corporation
Multi-Entity Hotel corporation
CorporateAccountingManager