7 best practices for mapping your SaaS migration
There are many reasons for the growth in popularity of SaaS migration (alternatively known as SaaSification or SaaSifying) of products and services. There are examples cropping up across most industries in response to the current economic climate. It’s become clear that the ability to respond and pivot strategically is a crucial element of success in …
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Annual vs monthly billing cycles for subscription billing
A mere one-fifth of SaaS companies allow their customers to choose between monthly and annual payments. Even though, it had been shown that increasing a customer’s options (e.g. payment methods, shipping methods, etc) boosts conversions. Having a choice is important at all stages of the sales cycle, but perhaps, it’s most essential when it comes …
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Recognition as Top 100 Solution Provider at Channel Innovation Awards
Binary Stream celebrates recognition as a Top 100 Solution Provider at the prestigious Channel Innovation Awards. Each year, the awards showcase the leading IT solution providers across Canada. Placing 66th in a strong field of contenders reflects the hard work and dedication of committing the highest possible managed services and innovative solutions to over 2,000 …
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A guide to tenant improvement allowance accounting (FAQs answered)
A tenant improvement allowance (TIA) is a fund provided by the landlord for the tenant to improve the property through renovations or customizations. Tenant improvements often consist of projects like installing doors and windows, replacing carpeting, or HVAC maintenance. Landlords will often include a TIA when securing a lease contract for property as generous …
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The stream | The rise of the subscription economy
Are you considering migrating your products and services to a SaaS business model? Are you unsure of how to reduce involuntary subscriber churn? Have you ever wondered if there’s a better way to manage your lease portfolio? The following resources have been curated to address concerns related to SaaS migration, the subscription economy, dunning management …
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Resources for SaaS leaders on financial transformation
Software as a service (SaaS) leaders deeply understand the benefits of modernizing businesses’ financial infrastructure, but how many ensure that their own tools and technologies are up to date and aligned with the overall company goals? The cloud computing landscape is rapidly evolving. It can be challenging to keep pace with the constant influx of …
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Master dunning management to reduce recurring revenue leakage (FAQs answered)
Subscriber churn is an unavoidable obstacle to every business that employs recurring billing, but how much does it really contribute to revenue leakage? As it turns out, quite a lot. The average subscription service loses approximately 2% of customers each month due to expired credit cards that aren’t updated. That’s a little less than a …
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Discover 5 core advantages and disadvantages of SaaS migration
With more companies moving their products and services to the cloud than ever before, it’s critical that you don’t get left behind. Whether you refer to is SaaSification, SaaSifying, or just plain old SaaS migration, it’s important to fully understand the pros and cons before you get started. This blog quickly outlines the pros and …
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Binary Stream partners with Njevity to solve multi-company accounting challenges in Dynamics GP
Binary Stream and Njevity join forces to empower companies to manage multi-company accounting within Dynamics GP using Multi-Entity Management (MEM). By combining powerful tools with steadfast customer experiences, this partnership effectively fills the white space in GP, enabling users with complete control of all legal entities and the ability to save valuable time and resources so …
Binary Stream and SignUp Software join forces to deliver powerful solutions for Microsoft Dynamics 365
Binary Stream and SignUp Software join forces to bring innovative Microsoft Dynamics solutions to the global market. By integrating technologies and committing to joint research and development, they will continue to strategically enhance solutions across Dynamics 365 for both Business Central (D365 BC) and Finance and Operations (D365 F&O). Olof Hedin, CEO of SignUp Software, …
