Case Study: QTS

Binary Stream’s Subscription Billing Suite and Multi-Entity Management solutions helped to simplify QTS’ complex deferrals and streamlined their database infrastructure to a single instance environment – eliminating redundant processes by 30%.

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“We have customers with work orders in multiple facilities. With Multi-Entity Management and Advanced Revenue and Expense Deferrals, we are able to effectively manage our monthly invoicing and apply corresponding payments across invoices in multiple facilities.”

Kitty Geiger, QTS' Dynamics GP Systems Administrator

Top takeaways from this case study

IMPROVED EFFICIENCY

Discover how QTS was able to close their previous month-end financials a full 11 days sooner while complying with EITF 08-1 and subsequent regulations regarding Vendor Specific Objective Evidence (VSOE) revenue recognition.

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DATABASE CONSOLIDATION

Multi-Entity Management streamlined QTS’ database infrastructure from 33 Dynamics databases down to a single database. As a result, QTS accountants now enjoy a more streamlined and centralized AR, AP, and POP processes. 

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SIMPLIFIED EXPENSE DEFERRALS

QTS had as many as 38,000 unrecognized deferral entries that were processed manually from the many different databases they were utilizing. QTS chose Binary Stream’s Advanced Revenue and Expense Deferrals solution to help them address this challenge.

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