Fibady is built for groups of 2 to 60 entities with different ERPs, countries, currencies and charts of accounts. Each entity connects with its own system; the group consolidates in Fibady with intercompany kept out of the total, per-entity FX and sub-groups. Holdings, family offices and distribution groups use it to stop depending on a master sheet only one person understands.
How is a large group organised in Fibady?
Fibady organises a large group by entities, consolidation groups and sub-groups. Each level has its P&L, balance sheet and cash flow; permissions are granted per company and per page (view, edit, delete), so a subsidiary director sees theirs and the group CFO sees everything, with unlimited users and the interface in 10 languages. You can add entities without redoing anything: they are mapped and enter the consolidation. How intercompany and currency are handled is covered in multi-entity consolidation.
What happens when we buy or sell an entity?
It enters or leaves the perimeter on the date you set, with history intact. Year-on-year comparisons can be run at constant or actual perimeter.
Phased rollout
For groups of more than 10 entities we plan in waves: first the entities with a live API (Odoo, Holded, Tango, SOS Contador or EternumPRO) or a connector, then the ones whose journal comes in by Excel, finally intercompany and sub-groups. The Groups plan includes hands-on support from the Fibady team.