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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 startup 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 firms 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)
  • Allow for three-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 documents including worksheets and contracts to any transaction
  • Easily compute and track sales taxes for easy periodic reporting and remittances
  • Integrated 1099 processing and reporting

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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.

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