Can someone share your experience in using Binary stream's subscription revenu model in D365? Pros and cons - are there any must-have features that are missing?
Chief Technology Officer in Media, 2 - 10 employees
Pros Streamlined Revenue Recognition
Integration with D365 Finance and Operations
Compliance and Reporting
Automated Billing and Invoicing
Cons
Cost
Integration Challenges
Learning Curve
CTO in Software, 11 - 50 employees
The subscription revenue model from Binary Stream is an effective solution for managing subscription revenue in Microsoft Dynamics 365. Advantages and disadvantages are listed below:Pros:
It has flexible pricing models.
It has automated billing and invoicing which saves time and reduces errors.
It can be seamlessly integrated with Dynamics 365.
Cons:
It is expensive.
The configuration and setup is complex which require specialized expertise.
It does still lack a few features, such as support for different currencies and interaction with other systems like CRM and ERP.
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Automate contract renewals and termination to reduce manual processes and mitigate data entry errors.