Spend less time consolidating your financial data, and more time reviewing your results.
Save
14 hours
each reporting cycle
* The average time our customers save when compared to alternative consolidation methods.
No more fiddly spreadsheets
Eliminate manual process and improve accuracy
Eliminate the errors and simplify the complex task of advanced consolidations. For example, inter-company transactions or consolidating in multiple currencies.
Streamline Workflows
Always up-to-date consolidations
Fathom stays connected with your source accounting systems so that that you can automate regular consolidated reporting and schedule the creation of reports.
FLEXIBLE
Multi-currency and multi-platform
Fathom brings together results from multiple different accounting systems. And if your group reports in multiple currencies, it’s easy to convert results into a single presentation currency.
More than just effortless consolidated reporting
Custom reporting
Bring together results from multiple companies into your custom reports.
Consolidated budgets
Consolidate your budgets, then easily create actual vs budgets variance reports.
95+ currencies
Consolidate across 97 currencies, using provided exchange rates or specify your own.
Eliminations
Apply inter-company eliminations to see the true business position.
Custom Chart of Accounts
Customise your consolidated Profit and Loss and Balance Sheet layouts.
Fathom can consolidate up to 300 entities in a single consolidated group. If you are looking to consolidate more than this, get in touch with our team and we’ll see what we can do!
A consistent Chart of Accounts isn’t necessary, but it is recommended. This will help ensure your accounts are correctly consolidated across all of your entities in the group.
Fathom does support inter-company eliminations. You can eliminate entire accounts from any underlying companies, or apply specific-value adjustments to accounts.
No. Fathom is designed as a management reporting tool for internal reporting, rather than as a statutory reporting tool. However, you can use Fathom to assist in preparing consolidated financial statements or reports that are audit-ready.
Fathom does not natively support partial ownerships or minority interests. However, you can import your data through Excel as a workaround that would allow you to achieve this.
Absolutely. You can include a budget for the entire group, or roll up individual budgets from each entity. You can then perform actual vs budget analysis in our reports and dashboards.
You can use up to 97 different currencies for individual reporting and multi-currency consolidated reporting in Fathom. See the help centre for the full list of supported currencies.
Yes. Fathom allows you to override our default historical exchange rates with your own custom exchange rates. Our default exchange rates are sourced from openexchangerates.org.
“Fathom makes consolidating data from multiple files, easy.”
Brian Green
Senior Accountant, Tate Partners
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World-class support
Get answers quickly so you can get back to running your business.
Online training
Our product experts run free weekly webinars to help you master Fathom.
Knowledge base
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