Microsoft Dynamics GP is a robust financial management solution that is an excellent fit for Financial Services companies. Logan Consulting has extensive experience with a variety of Financial Services firms including hedge funds, trading firms, wealth management firms and the insurance industry. We understand the complexities of the financial services industry and know the importance of having solid financial information. Financial Service firms often have a need to create a number of separate business entities in order to meet regulatory and reporting requirements and Dynamics GP allows for the creation of an unlimited number of companies. 

Management Reporter (formerly FRx) allows for the production of robust financial statements including balance sheets, income statements and cash flow statements. Financial Service firms have a need to accurately track specific projects, funds or cost centers and Management Reporter can also be utilized to created detailed reports such as actual to budget reporting, cost center spending analyses and departmental efficiency.

The Microsoft Dynamics GP financial solutions can handle the basic needs such as general ledger, accounts payable, accounts receivable, bank reconciliations as well more complex requirements such as collections management, revenue and expense deferral, and cash flow management. Microsoft Dynamics GP also has strong intercompany functionality and allocation functionality required by many Financial Services firms. Finally, Dynamics GP can be extended to allow electronic interaction with business partners such as banks and trading partners.