Overview
The GATHER Platform
The GATHER Platform is a multi-entity financial management platform, designed for Finance teams and Fractional CFOs.
The Platform accelerates workflows through the following modules:
Group Financial Reporting
Discover Consolidated Financial Reporting with rapid transaction-level Drill-Down:
- Access industry or GAAP Group Reporting Templates – or create your own!
- Auto-Map your General Ledger to your Group Reporting Template with GATHER AI
- Easily configure to enable consolidated reporting across Xero Tracking Categories
- Painlessly handle multi-currency environments
- Automate elimination journals and add editable manual adjusting – or GAAP – journals
- Review automated "FX Differences in Reserves" journals with full backing calculations
- Sign-off on Consolidated Working Papers before creating Reports
Group Financial Control
Take control of your month-end close with our Intercompany Control Apps:
Intercompany Recharge App
Save hours by centrally managing and automating intercompany recharges and invoicing:
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Easily create and maintain rules for intercompany recharges:
- Mark-ups
- Discounts
- Split between entities
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Post centrally from the GATHER Platform to multiple entities – on a one-off or recurring basis
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Pick up ledger codes / Tracking Categories and split and recharge to multiple entities
Intercompany Reconciliation App
Accelerate your month-end close through the advanced Intercompany Reconciliation App:
- Smoothly match journal entries to counterparty journal entries
- Post adjusting journals to correct intercompany imbalances
- Switch foreign currency display presentation to identify and correct FX discrepancies
Group Financial Planning
Simplify your Group Planning process with Group-level budgets:
- Speed up variance analysis with powerful Drill Down functionality
- Empower senior leadership with Divisional/Functional budgets
- Delegate preparation of Divisional/Functional budgets with highly configurable access controls
Fractional CFO Features
The GATHER Platform also has features built especially for Fractional CFOs and their teams:
- Seamlessly handle multiple clients with sophisticated access controls
- Easily manage processes with our intuitive workflow management features
GATHER.nexus + Xero
Xero Integration
The GATHER Platform integrates securely with Xero and synchronizes with Xero financial data on demand. The Platform uses that data to support and automate:
- Group Financial Reporting workflows
- Group Financial Planning workflows
Intercompany Reconciliation App
The Platform’s Intercompany Reconciliation App enables users to:
- Seamlessly reconcile their Xero intercompany accounts
- Post correcting journals to the underlying Xero ledgers
Intercompany Recharge App
In addition, the Platform’s Intercompany Recharge App allows users to:
- Post journals, invoices, and bills (one-off or recurring)
- Apply mark-ups, discounts, and split between multiple companies
- Directly post to their Xero company ledgers
Getting started
Follow these steps to connect your first Xero entity with the GATHER Platform:
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From your GATHER Platform home screen, locate the “Multi-Entity & Display” group box.
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Click on “Company” to view and manage your entity connections.
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Press the “+ Add Company” button located in the top-right corner.
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You’ll see a dropdown menu with the option to “Connect to Xero”.
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Select this option and follow the guided prompts. This will include:
- Authorizing the GATHER Platform to access your Xero accounting data
- Selecting the entity you wish to connect
- Granting permission to pull historical financial records
Once done, the GATHER Platform will begin syncing your company data (three years of data – though up to five years may be sync’d) - and just like that, your first company will be connected!
