Articles By: Binary Stream

Binary Stream's Logo The top payment gateway security protocol

A payment gateway lets customers enter their payment information to purchase products and services online. The primary function of the payment gateway is to read, encrypt, and transmit sensitive data …

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Binary Stream's Logo Expand your horizons with hospitality financial transformation

To survive a rapidly changing market, businesses in the hospitality industry must achieve rigorous expansion. Those that fail to do so will be swept away by the competition. However, this …

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Binary Stream's Logo Check out the 5 core benefits of payment gateways

With the growth of recurring billing models, every aspect of the online payment journey has come under scrutiny. Customers expect more than ever before. It’s not enough to implement modern …

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Binary Stream's Logo How to choose a recurring billing payment gateway

With the mass adoption of recurring billing in almost every industry, it’s become essential to get every stage of the billing process automated and streamlined. Customers expect an integrated payment …

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Binary Stream's Logo Top 6 ERP trends transforming finance in 2023

As 2023 gets underway, many businesses are searching for ways to improve and embracing a “do more with less” mentality. However, due to ongoing developments in modern business practices, there …

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Binary Stream's Logo A look back at 2022 highlights for Binary Stream

With the new year only a couple of weeks away, we’re deep in the planning stages to make 2023 our most successful yet, but before we get into what’s next, …

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Binary Stream's Logo What is deferred revenue and why is it reported as a liability?

If your business accepts advance payments for goods and services, your accounting team must understand the nuances of revenue recognition. A key component of appropriately recognizing revenue is knowing when …

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Binary Stream's Logo The pros and cons of premium pricing strategies

When it comes to pricing products and services for SaaS, it’s important to consider perceived value. Premium pricing strategies are often used where the perceived value is particularly high or …

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Binary Stream's Logo 10 best practices in data management for finance teams

Finance teams lacking robust data management struggle to acquire valuable insights, increasing the likelihood of poor decision-making that can be detrimental to the company’s financial health. By prioritizing data management, …

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Binary Stream's Logo How to account for single, double, and triple net leases

It’s becoming increasingly common for commercial properties to be rented via net lease, therefore it’s vital that lessors and lessees understand the nuances of these types of lease agreements. While …

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