Wiise forges a partnership with Binary Stream,an experienced provider of Microsoft-preferred solutions and support for multi-entity management.
With 85% of businesses expected to move their operations to the cloud by 2025, there is a growing demand for ERP solutions that can scale with an organisation as it grows. The new collaboration will embed Binary Stream’s solutions for complex multi-entity management into the core offerings within the Wiise ERP platform – empowering organisations to efficiently manage groups of companies in a single system.
Broadening Wiise’s capabilities from basic multi-entity management, Binary Stream’s embedded solution allows Wiise users to securely manage complex groups of companies, such as parent and subsidiary or franchise organisations, and consolidate data in a single system.
Charlie Wood, CEO of Wiise ”Both our organisations share the core values of understanding the unique needs of our customers and supporting them with robust tools that minimise complexity and streamline operations.”
The integration will also enable Wiise users to securely manage user access across companies, facilitate intercompany transactions across all areas of the business, such as finance, service, projects and manufacturing, handle multiple currencies and report on performance for a single entity or several groups of companies in a real-time consolidated view.
The added capabilities will significantly reduce the administrative burden and risk of error for finance teams, remove data duplication across companies for suppliers, customers, vendors and inventory, and streamline operations across entities to effectively manage capital and growth.
As Australian businesses increasingly seek solutions to restructure, modernise and streamline complex operations, the partnership between Wiise and Binary Stream is well-positioned to address these requirements in a single, scalable system.
Lak Chahal, CEO of Binary Stream, said, “Given the growing global demand for ERP solutions, we see tremendous opportunity in the Australian market. Having a partner like Wiise that understands the local market requirements and has a strong relationship with KPMG Australia is a significant advantage for Binary Stream. Our goal is to reach as many Australian businesses as possible, and partnering with Wiise perfectly aligns with this vision.”
Charlie Wood, CEO of Wiise, said, “Binary Stream has a long history of building robust solutions on the Microsoft platform. Coupling Wiise’s enhancements of the Microsoft Business Central platform with Binary Stream’s multi-entity-management delivers an incredibly powerful solution that scales with businesses as they grow. Both our organisations share the core values of understanding the unique needs of our customers and supporting them with robust tools that minimise complexity and streamline operations.”
Wiise also recently announced that it has signed technology powerhouse Datacom New Zealand as a service partner to support the unique needs of New Zealand businesses, ensuring seamless integration of Wiise’s market-leading software with clients’ existing operations.