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Life Sciences

Why Us

Free 30 Day Trial - Microsoft Dynamics GPArmanino provides Microsoft Dynamics GP services for every stage of your company - whether you're a start-up or publicly traded, our team can ensure your system provides the financial records necessary to obtain funding, manage supply chains and comply with changing regulations.

As a leading Microsoft Dynamics GP Partner to numerous life science companies, Armanino has a track record of building lasting partnerships with leading Life Science companies to address challenges around:

Loan, Funding & Grant Management
  • All transactions are posted on a timely basis.
  • Solid audit trail to track and reference all transactions
  • Ability to limit user access by specific functions needed to complete job duties.
  • Detailed records for assets
    • accounts receivable
    • inventory
    • fixed assets, etc.
  • Detailed records for liabilities
    • accounts payable
    • loans payable
    • deferred revenue, etc.
  • Ability to uniquely design chart of accounts enabling you to easily account for and manage grants and research programs
Inventory Management
  • Report and control quantities by location, site, bin, etc.
  • Provide transaction types to match the physical movement and activities of inventory items
  • Manage product recalls quickly and efficiently
  • Directly link to purchasing, sales, and manufacturing systems that impact inventory quantities
  • Track serial numbers and lot numbers from receipt, through manufacturing, to sale
  • Provide information on incoming inventory purchased but not yet received, and inventory sold but not yet shipped
  • Record transactions for physical inventory movement and maintain audit trails
  • Allow for inventory revaluation in case of value impairment
  • Maintain accurate valuations of on-hand inventory and sold inventory based on GAAP valuation methods
  • Track consigned inventory at remote locations
  • Conduct cycle counts to verify inventory records
Business Intelligence
  • Reduce time spent budgeting by 90%
  • Implement KPI tracking via easy-to-use dashboards
  • Streamline board and management reporting—from weeks to hours
  • Improve response time to market trends
  • Increase time spent on strategy
Business Controls (GRC)
  • Allows for 3-way matching of PO’s, receipts, and vendor invoices
  • Implement segregation of duties controls
  • Provide for electronic purchase requisition, to PO approval process
  • Maintain multiple financial budgets and easily include in financial reports
  • Attach supporting worksheets, contracts, etc. to any transaction
  • Easily compute and track sales taxes for easy periodic reporting and remittances
  • Integrated 1099 processing and reporting

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Resources

Microsoft Dynamics Support Services

When your organization faces technical problems, our team of Microsoft Dynamics Certified consultants is here to help.

Infographic: 10 Critical Reasons Medical Device Manufactures Need Dynamics GP

Get a simple, straightforward look at why life science companies, from emerging start-ups to pre-IPO, rely on Dynamics GP to overcome challenges and foster growth.

Item Lot Number Traceability in Dynamics GP

  trends and insights

Biotech Device Serial Number Tracking in Dynamics GP

  trends and insights

Customer Story: Upgrading to Microsoft Dynamics GP with Armanino

  trends and insights

Dynamic Insights for Microsoft Dynamics AX and GP

  trends and insights

Stock Count Import Module for Microsoft Dynamics GP

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ERP Solution Selection Process

This white paper provides a detailed framework to help you and your organization plan and execute a successful new ERP solution selection process – step-by-step.

dynamic-insights-armanino

Unlock the power of the data in your Dynamics AX or GP system by putting Armanino’s new product, Dynamic Insights Download » 

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The U.S. is the global leader in medical device innovation – it is one of only a few that boasts a net trade surplus. However, as t ...

erp-crm-for-pharma-armanino

Today’s pharmaceutical companies face economic and regulatory pressures, accelerating costs, technological and scientific chan ...

Stock Count Import Module

Armanino developed the Stock Count Import module to ease the inventory process for manufacturers and distributors using Microsoft Dynamics GP. By allowing the physical inventory to be recorded on a Microsoft Excel spr ...