Dynamics ERP Partners
Focused On Financial Services
Updated November 2026
Which Microsoft Dynamics ERP is best for financial services firms?
For the firm's own accounting, Microsoft sells two Dynamics 365 ERP products. Dynamics 365 Business Central fits small and midsize financial services firms such as wealth managers, insurance agencies, lenders and fund administrators. The Essentials license includes multiple currencies, consolidation, dimensions and bank reconciliation (Microsoft licensing guidance). Dynamics 365 Finance fits larger, multi-entity and international firms that need consolidation with currency translation, elimination rules and reporting in several currencies (Microsoft Learn: Finance consolidations). Neither replaces a core banking, policy administration or portfolio system; those systems stay in place and post summarized activity to the ERP general ledger.
| Business Central | Dynamics 365 Finance | |
| Typical fit | Small and midsize firms, a handful of legal entities | Midsize to enterprise firms, many legal entities and countries |
| Consolidation | Business units with different charts of accounts, fiscal years and currencies, including other environments | Consolidation legal entities, elimination rules, partial ownership percentages |
| Reporting currencies | Exchange rates set up per business unit for consolidation | Unlimited reporting currencies through Financial reporting |
| Bank reconciliation | Automatch plus Copilot match proposals | Advanced bank reconciliation with matching rules |
| US list price | $80 per user/month Essentials ($110 Premium) | $210 per user/month ($300 for Finance Premium) |
Prices are Microsoft's US list prices, paid yearly, from the Business Central pricing page and the Dynamics 365 Finance pricing page. A partner quote will add implementation, add-ons and support.
The partners below are Microsoft Dynamics ERP partners with financial services experience who publish on the ERP Software Blog. For our editorial picks, see the Best Microsoft Dynamics ERP Partners for Professional and Financial Services and the Best Microsoft Dynamics ERP Financial Management Tools.
| Microsoft Dynamics Product Icons Legend.... | ||
 Dynamics GP |
 Dynamics SL |
 Dynamics 365 Business Central |
 Dynamics NAV |
 Dynamics AX |
 Dynamics 365 Finance & Operations |
| Company Name | Focus | Case Study |
|
360 Visibility View Profile |
ai for financial services firms, azure for financial services, banks, credit unions, financial institutions, financial services, insurance, microsoft copilot, microsoft dynamics 365 business central for financial services, microsoft erp for financial services, microsoft partner, mortgage brokers, power platform, private equity, trust funds | Case Study |
|
GP Support North View Profile |
banks, brokerage, capital markets, credit unions, financial services, group benefits, holding companies, insurance, leasing, venture capital | Case Study |
|
Accountnet, Inc. View Profile |
broker dealer, capital markets, family office, hedge fund, multi currency | Case Study |
Add On Partners
Focused On Financial Services
Review this directory to find companies with proven expertise working with companies like yours. Keep in mind that these partners may focus on additional industries, so review their profile for full information.| Company Name | Focus | Case Study |
How do you choose between Business Central and Dynamics 365 Finance?
Business Central is the usual starting point when the finance team closes a few entities and reports in one or two currencies. Look harder at Dynamics 365 Finance when one or more of these is true:
- You consolidate many legal entities across countries, with partial ownership of some subsidiaries.
- You need rule-based intercompany eliminations instead of manual elimination journals.
- You report in several reporting currencies using different translation methods for balance sheet and income statement accounts.
If none of these apply, Business Central usually costs less to license and implement. Gaps such as advanced bank integration, close management or spend control are commonly filled with financial management add-ons.
What financial services features should a Dynamics ERP include?
- Multi-entity consolidation across different charts of accounts, fiscal years and currencies.
- Intercompany transactions and eliminations so internal fees and loans do not inflate group results.
- Dimensions to report by fund, branch, product line, advisor or client segment.
- Automated bank reconciliation, including AI match proposals. See faster bank reconciliation in Business Central with Copilot.
- Bank integration for statements and payments. See Citibank integration for Business Central.
- Deferrals for fees and prepaid expenses recognized over time.
Frequently asked questions
Is Dynamics 365 a core banking or insurance system?
No. Business Central and Dynamics 365 Finance are ERP systems for the firm's own general ledger, payables, receivables, fixed assets, budgeting and reporting. Customer deposits, loans, policies and portfolios are managed in specialized industry systems, which integrate with the ERP so finance can close and report from one ledger.
Does Business Central include consolidation?
Yes. Consolidation is in the Essentials license. You can consolidate companies with different charts of accounts, fiscal years and currencies, consolidate a percentage of a company, and pull data from companies in other Business Central environments by API. Eliminations are entered as journal lines and checked with the G/L Consolidation Eliminations report.
How does Copilot help with bank reconciliation in Business Central?
After the standard automatch runs, Copilot reviews unmatched bank statement lines and proposes more matches based on dates, amounts and descriptions, such as one payment covering several invoices. It can also suggest G/L accounts for leftover transactions. You review every proposal before keeping it. Microsoft labels this feature a preview (Microsoft Learn).
What is the path for Dynamics GP, NAV and AX financial services firms?
Microsoft's path for Dynamics NAV and GP users is Business Central, and for Dynamics AX users it is Dynamics 365 Finance. Many of the partners listed above specialize in those migrations. For payment controls, see fraud-proof your practice with Microsoft Dynamics ERP banking.