* The average time our customers save when compared to alternative consolidation methods.
Spend less time up spreadsheet creek
Eliminate fiddly processes and improve accuracy
Complex consolidations with inter-company transactions or multiple currencies are now as simple as a few clicks.
Streamline your 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.
“Fathom makes consolidating data from multiple files, easy.”
Brian Green
Senior Accountant, Tate Partners
FATHOM-LEVEL FLEXIBILITY
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.
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.
Other features for progressive business advisors
Fathom combines insightful reporting, fast cash flow forecasting and actionable financial insights into one refreshingly easy business management solution.
Custom reporting
Design professional looking management reports which put your brand at the forefront.
Custom KPIs
Create your own custom KPIs using the formula builder.
Client benchmarking
Monitor and compare the performance of your entire client portfolio.
Free certification
Become an expert on Fathom and better serve your clients.
Cash flow forecasting
Visually understand your future financial results and specific actions needed to get to your desired plan.
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