CBIZ has tailored Microsoft Dynamics NAV to meet the needs of Wealth Management organisations. It fulfills all the requirements of your accounting system, reduces manual data input and automatically produces high-quality management information quickly and easily. In addition to the deep standard functionality of Dynamics NAV it specifically helps with the separation of client and business money.

Our Wealth Management solution has all the functionality you need such as full record keeping, complicated calculations, HMRC and FCA reporting as well as banking integration. Powerful features include: Automated Fees, Management Information, Income and Expenditure Statements, Automatic Bank Account Interface for Statements and Transactions, Fixed Asset Register, Debtors and Creditors.

No More Spreadsheets

With data from multiple complex spreadsheets automatically fed into the system, you will have access to all the information you need at the click of a button. You will be able to call up trends and status and produce statements and reports. No more time will be wasted looking for the data you need.

Reduce Workload

Microsoft Dynamics NAV incorporates core business functionality that makes daily life easier and more productive. It allows users to replace the time spent on mundane tasks (such as compiling reports, reconciling, updating multiple systems, etc) with productive time — digesting information to make timely decisions.

Bank Reconciliations

Automatically reconcile bank accounts with direct feeds showing up to date information and status. Manage transactions via a robust secure network feed to the financial institutions. Bank interest payments are automatically generated and credited and fed back into the system in order for you to always see the bigger picture.

Information In A Familiar Format

You will be able to get all the information you need to help you get things done quickly. With easy to read forms you can see what you need at a glance, and you can tweak the screens to get them just how you want. Realise fast return on investment and be up and running fast, with a familiar intuitive interface.

All The Functionality You Need

You can easily calculate member’s funds and benefits, including complex metrics such as capped and flexible access funds as well as up to date valuations from one screen. Related data is recorded including contributions, property invoices, investment details and transfers. Details are automated including reclaims and invoices.

Client Money Regulations Met

Our system ensures that standards required in the regulations set by the FCA in 2014 are automatically met, including tracing of opening and paying into clients bank accounts, managing interest and withdrawals. No more worrying about compliance – rest assured that the system ensures you meet requirements.

Customer Story: Leading Global Finance Institution

CBIZ created a fully automated and auditable system for a Global Finance Institution by replacing the Excel spreadsheets they were using to keep client money transactions. Find out how we achieved this by downloading the following client story:

Since the introduction of Microsoft Dynamics NAV, we have saved 100’s of hours and we would never have been able to keep working whilst using our previous ways. Needless to say, we are in a much better state now than ever before.

Finance Operations Lead