❗Note: Before creating custom KPIs for your divisions, please ensure that you have imported divisions for your company.
Creating KPIs with divisional data
Fathom enables you to easily create custom KPIs to track the performance of your divisions. To do so,
❗Note: KPIs that reference divisions can only be used by an individual company. Any KPIs that reference divisions will NOT be available for use in a consolidated group, unless those divisions are imported as standalone entities. For more information, view the following article: Consolidating KPIs.
Account Watch KPIs
Account watch KPIs enable you to track any account from your general ledger as a KPI in Fathom. Creating an Account Watch KPI will make a key account or heading’s results more visible as a KPI in Fathom’s Analysis tools.
When creating an Account Watch KPI for a company with divisions, Fathom enables you to track accounts and headings filtered by division.
Tracking KPIs are only available for companies that have imported divisions. These KPIs allow you to filter key Profitability and Growth metrics in Fathom by division.
Using the KPI formula builder, you can filter the variables in a formula KPI by division. You are able to build a formula using only one division or multiple divisions in a single formula.
Example 1: A pet store owner wants to measure the contribution margin of the Dog & Cat Toys department. The formula for the contribution margin would be:
(Sales Revenue - Variable Costs) / Total Revenue
To create this KPI,
Example 2: A pet store owner wants to measure the percentage of revenue contributed by the ‘Dog & Cat Toys’ and ‘Pet Care’ departments. The percentage of revenue formula would be:
(Revenue Division A + Revenue Division B) / Total Revenue
To create this KPI,
Continue the 'Using Divisions Workflow' by choosing from the options below.
What you want to do:
Where to go next:
Perform divisional analysis
Report on your divisions