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Multi‑Entity Management (MEM)

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Software Status:Active

About Multi‑Entity Management (MEM)

Multi-Entity Management (MEM) is a software from Binary Stream Software Inc. that manages and automates inter-company transactions. It provides real-time consolidated reporting, smooth intercompany transactions, and professional services so organizations can consolidate reporting across multiple entities efficiently. This solution helps businesses like Starboard Group save significant costs, with reported savings of $38,000 per year. MEM also includes features that support partnerships and integrations, allowing users to connect with various service providers effectively. Key capabilities: real-time reporting inter-company transactions professional services partnership management integration support Best for: enterprises and organizations that need to manage multiple entities and simplify inter-company operations.

Multi‑Entity Management (MEM) Details

Vendor
Binary Stream Software Inc.
Year Launched
1999
Location
7300 Edmonds Street, Suite 800, Burnaby, BC V3N 0G8, CA
Deployment
on premise, windows
Training Options
videos
Countries Served
All Countries
Languages
English
Users
Mid‑sized to large enterprises
Industries Served
Finance & Insurance, Healthcare, Hospitality & Franchising, Manufacturing, Real Estate, Software & IT, Telecom
Tags
ERP add‑on, Multi‑entity management, Consolidated financial reporting, Intercompany transactions, Microsoft Dynamics GP, Multi‑Entity Management (MEM)

Multi‑Entity Management (MEM)'s In-App Market Place

Does Multi‑Entity Management (MEM) have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD ($), EUR (€), GBP (£), JPY (¥), AUD (A$), CAD (C$), CHF (CHF), CNY (¥), ZAR (R)

Pros & Cons

  • Provides a unified view of all business entities, enabling easier monitoring of financial performance across multiple units.
  • Automates intercompany transactions, reducing administrative overhead and the risk of manual errors.
  • Generates real-time consolidated reports, allowing faster and more accurate decision-making.
  • Offers scalable security, ensuring users only access data relevant to their entity.
  • Eliminates data silos and redundancy, improving the overall quality and reliability of financial data.
  • Primarily designed for Microsoft ERP environments, limiting usability for companies using other ERP systems.
  • Implementation for large organizations with many entities may require significant time and planning.
  • Initial setup and configuration can be complex for teams without prior ERP expertise.
  • Advanced features may require additional training for staff to fully leverage the software.
  • High upfront costs could be a barrier for small or mid-sized businesses.

Multi‑Entity Management (MEM)'s Support Options

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