Processing consolidations manually in spreadsheets takes time and can often be prone to error. Not only that, but the information might not always be the most up to date. And the problem only gets worse if you add in things like different currencies, inter-company transactions and more than a handful of entities.
At Fathom, we eat these problems for lunch. Our consolidation functionality saves you time – and money – so you can spend it on doing things you're good at, like growing your business or practice.Thousands of companies in over fifty countries use Fathom to compare their subsidiaries, branches or franchises. Fathom enables you to quickly and easily aggregate the financial and non-financial data of underlying entities, giving you an accurate, easy to manage view of the entire group’s financial results.
Consolidation, along with Benchmarking, is one of the most powerful features of Fathom. And so if you missed our recent consolidations webinar, don’t worry, we’ve made it available to watch again.
Watch now to learn more about the following:
The benefits of using Fathom to consolidate related entities
How to create a consolidated group in Fathom
Features that allow you to edit exchange rates in a multi-currency consolidation
Features which allow you to eliminate inter company transactions
The Reporting and Analysis functionality for consolidated groups