Case Study: Pink OTC Markets achieves faster financial reporting and billing accuracy with Binary Stream and Microsoft Dynamics GP

Pink OTC Markets improves financial management, reporting, and business collaboration needs

Pink OTC Markets, a provider of an electronic trading system for over-the-counter securities, faced challenges with inefficient and non-integrated financial systems that required extensive manual data entry and caused reporting delays. To streamline its operations, the company worked with vendor Binary Stream, implementing their Recurring Billing Management and Revenue & Expense Deferrals solutions alongside Microsoft Dynamics GP.

The solution implemented by Binary Stream automated key processes, integrating customer data from an entitlement system directly into the financial software. This resulted in significant improvements: monthly invoice generation was reduced from 4-6 days to within 24 hours of month-end, and financial statement preparation was cut from over 30 days to within 15 days. The integration also drastically reduced data entry errors and provided the entire organization with on-demand access to accurate information through improved reporting.

Pink Otc Markets

Emilia Sherifova

 Managing Director