Progressus Software Releases Project Multi-Company Feature in Partnership with Binary Stream

Progressus Software, the first project accounting app built on Microsoft Dynamics 365 Business Central, launches Project Multi-Company feature on Microsoft AppSource.

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    Progressus Software

    Progressus Software, the first project accounting app built on Microsoft Dynamics 365 Business Central, launches Project Multi-Company feature on Microsoft AppSource.

    COLUMBUS, OH — FEBRUARY 8, 2024 — Velosio, the leading cloud applications partner for midmarket companies, is excited to announce a major release of the Progressus Project Multi-Company feature.

    Building upon the foundation of our previous release (, the Project Multi-Company feature is specifically designed to cater to project-driven organizations managing multiple companies or entities within a single business environment. Recognizing the complexity of such operations, this feature offers seamless integration and unified management capabilities, significantly enhancing efficiency and decision-making processes across different company divisions.

    This milestone was achieved through a strategic partnership with Binary Stream, a leading provider of scalable software solutions. The collaboration between Progressus and Binary Stream has resulted in a robust, user-friendly integration that reflects the depth of our combined expertise in addressing the unique challenges faced by multi-entity organizations.

    Jeff Suwyn, Director of Solution Management at Velosio, expressed his excitement, “We are also thrilled to announce that this integration is now available on Microsoft AppSource. Users can find our product under the listing “Progressus Multi-Company.” This availability on Microsoft AppSource not only enhances accessibility for our users but also reinforces our alignment with Microsoft’s high standards for business applications.”

    Key features of Project Multicompany include:

    • Unified Company Management: Manage multiple entities seamlessly within Dynamics 365 Business Central. Progressus Project Multicompany ensures a unified and efficient management experience, streamlining your business operations.
    • Streamlined Inter-Company Transactions: Automate the creation of intercompany transactions based on master record ownership, like projects and resources. This functionality simplifies the accounting processes for inter-entity financial activities, enhancing accuracy and efficiency.
    • Single-Entry Transaction Processing: Simplify the handling of transactions across different entities. With a single entry point for timesheets, expense reports, and more, you save time and reduce the complexity of operations.
    • Efficient Front-End and Back-End Operations: Enhance efficiency in both customer-facing and administrative tasks. This integration streamlines your business processes, ensuring they are more user-friendly and operationally efficient.

    Learn more about Progressus Project Multi-Company

    As the 2023 US Dynamics 365 Business Central Partner of the Year and a leader in Microsoft Cloud ERP for project-driven companies, Velosio is the amalgamation of more than 30 years of experience in software implementation and consulting for professional services.



    About Velosio

    Velosio is a leading business applications partner specializing in cloud services and industry-specific ERP, CRM, data-driven analytics and digital transformation solutions for mid-market and emerging enterprise businesses.  As one of the largest application services partners in North America, Velosio supports NetSuite and the entire Microsoft business solutions portfolio, including Dynamics and Dynamics 365, Power Platform, Microsoft 365 and Azure. Velosio is the only Microsoft Cloud Distributor that specializes in Dynamics 365, providing licensing and support to hundreds of growing Microsoft partners and over 4,000 clients. Headquartered in Columbus, Ohio, Velosio encourages community involvement and a people-centric culture of over 450 employees throughout North America.




    For more information, press only:

    Bill Anderson
    +1 (614) 954-0967