Note: Benchmarking divisions is an advanced feature of Fathom. If you wish to proceed, each benchmarked division will be billable on a monthly basis as a separate entity.

Introduction

Fathom enables you to benchmark and compare divisions from a single or multiple organisations.

Fathom allows you to easily create your own benchmark studies using divisions from a single or from multiple organisations. These features are useful for franchise groups, and multi-entity organisations. 

Note: Fathom does not provide access to external benchmarking data. All benchmarking data is sourced from within your own Fathom account.

Note: Benchmarking divisions is only available for companies imported from our cloud-based integrations - Xero, QuickBooks Online, or MYOB AccountRight Live. 

You can also benchmark divisions where the parent companies originate from different source accounting systems.

Process

First, import the parent companies that contain the divisions that you would like to benchmark.

More information on importing companies can be found from the following help article.

Once the parent companies have been imported, you can now import each division that you’d like to benchmark as a standalone entity within Fathom. Detailed instructions on this process can be found in the following help article: Importing a division as a standalone entity.

Once your divisions are imported as standalone entities within Fathom, you can group them together as a benchmark group, to compare performance for those divisions. You can define segmentation variables and compare divisions based on those different segmented groups. Further detail on creating a benchmark group can be found in the following help article: Creating a Benchmark Group

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