AI-powered ERP and CRM solutions for family offices
Family office technology solutions help teams manage complex entities, ownership structures, financial data, relationships, reporting, and internal controls within one connected environment. Rand Group combines family office industry knowledge with AI, ERP, and CRM solutions from Microsoft, Oracle NetSuite, and Sage, along with custom intellectual property built around the way your family office operates.
Modernize the financial foundation of your family office
Improve financial visibility, simplify multi-entity accounting, and support faster decision-making with connected technology built for the complex needs of family offices. As a multi-platform provider, Rand Group implements Sage Intacct, Oracle NetSuite, Microsoft Dynamics 365 Business Central, and Dynamics 365 Finance & Operations to help family offices automate financial processes, consolidate reporting, manage intercompany activity, and connect critical systems for banking, investments, tax, budgeting, and relationship management.
Our team helps family offices evaluate, implement, and optimize the ERP, CRM, and AI solutions that best align with their structure and long-term goals. Whether you need to manage complex ownership, automate shared financial allocations, strengthen financial controls, improve reporting, or support additional entities and family members, Rand Group delivers tailored technology and ongoing expertise to help your family office operate more efficiently and scale with confidence.
Manage complex entities and ownership structures
Track trusts, partnerships, holding companies, investments, and family members within a connected ERP system. Maintain clear ownership records, automate allocations, and improve visibility across related entities.
Centralize family, advisor, and service provider relationships
Use CRM tools to manage interactions with family members, attorneys, accountants, wealth advisors, vendors, and other partners. Keep communications, documents, tasks, and relationship history organized in one place.
Turn family office data into timely insights
Use AI-powered analytics to summarize financial data, identify trends, automate routine work, and support faster reporting. Give family members and advisors access to accurate information without relying on disconnected spreadsheets.
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Simplify multi-entity family office accounting
Family offices may manage trusts, partnerships, holding companies, foundations, operating businesses, and investment entities within one structure. A connected ERP helps finance teams maintain separate records for each legal entity while automating intercompany activity and producing a consolidated view of financial performance.
With multi-entity family office accounting, you can:
- Manage financial activity across trusts, partnerships, foundations, and other entities
- Standardize charts of accounts and financial dimensions
- Automate intercompany transactions and balancing entries
- Consolidate financial results without manual spreadsheets
- Track cash, assets, liabilities, income, and expenses by entity
Manage complex ownership and joint interest billing
Assets and investments may be shared by multiple family members, trusts, or entities with different ownership percentages. Rand Group’s custom family office functionality helps apply ownership rules, calculate each participant’s share of financial activity, and maintain clear supporting records within the ERP system.
With ownership and allocation capabilities, you can:
- Maintain ownership percentages by entity, asset, investment, or venture
- Allocate shared income, expenses, fees, gains, and losses
- Calculate participant charges and credits using defined allocation rules
- Produce supporting allocation records and statements
- Track contributions, distributions, balances, and ownership changes
White Paper
Build a more data-driven family office
Download our whitepaper to explore three practical approaches that help family office CFOs move beyond traditional software and improve how they use financial data. Learn how modern technology can support real-time reporting, faster decisions, and stronger visibility across complex family office operations.
Automate family office workflows with AI
Family office teams often manage broad responsibilities with limited internal resources. AI and workflow automation can reduce repetitive work, improve consistency, and help employees focus on analysis, oversight, and service to family members instead of manual data entry.
With AI-powered family office technology, you can:
- Capture, code, and route invoices for review and approval
- Automate recurring transactions and allocation entries
- Streamline bank, credit card, and account reconciliations
- Summarize financial information and identify unusual activity
- Send alerts when transactions, approvals, or tasks require attention
Strengthen family office governance and security
Family offices manage private financial, ownership, tax, estate, and personal information. Role-based access, approval workflows, audit trails, and secure reporting help protect this data while giving family members, employees, and advisors access to the information required for their responsibilities.
Strengthen family office governance with tools that help you:
- Control access by role, entity, family branch, or responsibility
- Separate transaction entry, approval, payment, and reconciliation duties
- Require approvals for payments, journals, vendors, and sensitive changes
- Maintain detailed system and transaction audit trails
- Deliver secure reports based on each user’s authorized access
Cloud financial and business platforms for family offices
Every family office has a different entity structure, service model, technology environment, and level of complexity. Rand Group helps family offices evaluate Microsoft Dynamics 365, Oracle NetSuite, and Sage Intacct to identify the platform that best supports their needs. We then implement and extend the selected solution with AI, automation, integrations, reporting, and custom family office capabilities.
Sage Intacct
Sage Intacct provides cloud financial management with powerful multi-entity accounting, automated consolidations, dimensional reporting, and configurable workflows. It is well suited for finance-focused family offices that need to manage many entities, accelerate the close, improve reporting, and connect financial data with other specialized applications.
Dynamics 365 Business Central
Business Central helps small and midsized family offices connect accounting, cash management, purchasing, fixed assets, projects, and reporting. Its integration with Microsoft 365, Power BI, and Power Platform supports familiar workflows, secure analytics, automation, and custom family office functionality.
Oracle NetSuite
NetSuite provides a unified cloud platform for financial management, procurement, budgeting, reporting, and multi-entity operations. NetSuite OneWorld is a strong fit for growing or global family offices that need real-time consolidation, multiple currencies, standardized processes, and visibility across legal entities.
D365 Finance & Operations
Dynamics 365 Finance & Operations supports larger family offices with complex entity structures, financial processes, governance requirements, or global operations. It provides advanced financial management, budgeting, procurement, reporting, internal controls, and the scalability needed to manage high transaction volumes and continued growth.
Choose the right ERP for your family office
A software selection engagement helps you compare leading ERP platforms based on your entity structure, reporting needs, integrations, controls, and long-term goals. Rand Group will guide the evaluation process and help you select a solution that fits your family office without favoring a single platform.
Why partner with Rand Group?
Tailored, scalable solutions
From ERP and CRM implementation to AI, automation, reporting, integrations, and custom family office intellectual property, Rand Group delivers solutions built around your requirements. Your technology can scale as your family office adds entities, investments, family members, services, and reporting demands.
Proven client success
Rand Group has completed more than 3,000 successful engagements for over 1,200 clients across North America. With a 90% client retention rate, we focus on building long-term partnerships that help organizations improve their systems, adapt to change, and gain continued value from technology.
Family office industry experience
Our consultants understand the financial and operational complexity of family offices, including multi-entity accounting, ownership allocations, consolidated reporting, security, and governance. We apply industry knowledge and technical expertise to design solutions that support the way your family office operates.
Multi-platform expertise
Rand Group works with Microsoft Dynamics 365, Oracle NetSuite, and Sage, giving family offices the flexibility to evaluate multiple platforms before selecting a solution. Our team focuses on your entity structure, reporting needs, ownership complexity, and long-term goals rather than pushing a single product.
Frequently Asked Questions (FAQs)
What is ERP for family offices?
ERP for family offices is a financial management platform configured to support complex entities, accounting processes, reporting, approvals, and integrations. It can help connect financial activity across trusts, partnerships, holding companies, foundations, operating businesses, and investment entities.
What should a family office ERP system include?
A family office ERP system should include multi-entity accounting, financial consolidation, intercompany processing, approval workflows, role-based security, audit trails, reporting, and integration capabilities. More complex family offices may also need ownership allocations, multiple currencies, multi-book accounting, and custom reporting.
How does ERP help family offices manage multiple entities?
ERP helps family offices maintain separate financial records for each legal entity while consolidating results across the organization. It can also automate intercompany transactions, balancing entries, eliminations, and standardized reporting.
Can an ERP system manage complex family ownership structures?
Yes, an ERP system can support complex ownership structures when it is configured or extended for owner-level accounting. Rand Group’s custom functionality can track ownership percentages, allocate financial activity, calculate participant balances, and account for ownership changes over time.
How can a family office allocate shared expenses and ownership activity?
A family office can use defined allocation rules to divide shared income, expenses, fees, contributions, and distributions among entities or owners. The calculation may be based on ownership percentage, usage, headcount, assets, or another approved allocation method.
How can AI improve family office operations?
AI can improve family office operations by reducing manual work, summarizing financial information, identifying unusual activity, and supporting faster analysis. AI tools can also assist with invoice processing, reconciliation, reporting, alerts, and workflow automation.
How can CRM software help a family office?
CRM software helps a family office manage relationships with family members, advisors, attorneys, accountants, vendors, and other service providers. It centralizes communication history, tasks, documents, contact details, and relationship information.
Which ERP platforms are suitable for family offices?
Sage Intacct, Dynamics 365 Business Central, Oracle NetSuite, and Dynamics 365 Finance & Operations can support family office requirements. The right platform depends on entity complexity, reporting needs, transaction volume, integrations, global requirements, and long-term growth plans.
How does ERP protect sensitive family office information?
ERP protects sensitive family office information through role-based permissions, approval workflows, segregation of duties, audit trails, and secure reporting. Access can be limited by user, role, legal entity, family branch, or area of responsibility.
How do you choose the right ERP for a family office?
Choose an ERP for a family office by evaluating your entity structure, accounting requirements, ownership model, reporting needs, existing applications, security requirements, and future growth. A multi-platform technology partner can compare available systems and recommend a solution based on your requirements.
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