From Clutter to Clarity: Resolving Your Business's Data Overwhelm

<p dir="ltr">What are your options when your tech stack is bursting at the seams? You’re struggling to get visibility over what’s happening. You’re balancing multiple spreadsheets and you’re spending a lot of time consolidating data. </p> <p> </p> <p dir="ltr">If you are trying to resolving your business's data overwhelm there are a number of options:</p> <p><strong> </strong></p> <p dir="ltr">Spring cleans all the files, and all the data.  Merge duplicates and expunge old data, and trim down the data files. </p> <p><strong> </strong></p> <p dir="ltr">Call in the professionals: Engage a professional cloud integrator to review your set up and advice of any efficiency opportunities.</p> <p><strong> </strong></p> <p dir="ltr">Multi Entity Consolidation solution : I work with the <a href= "https://blog.fathomhq.com/multi-entity-financial-reporting-with-fathom"> Fathom team and they have a multi-entity financial reporting tool</a> to help you compare and consolidate your organisations.</p> <p><strong> </strong></p> <p dir="ltr">A new solution on the market that you may not have heard of is <a href= "https://www.translucent.io/">Translucent.io</a> who I’ve recently started working with. It turns your existing single-entity accounting system into a multi-entity accounting solution. You connect your existing accounting software (Xero, QBO, etc.) and <a href="https://www.translucent.io/">Translucent</a> consolidates all your data to create a single financial system of record. Translucent Apps provide workflows for your muli-entity needs, such as searching for transactions at group level, creating consolidated reporting, managing intercompany transactions, live connecting your data to spreadsheets, and more apps being released every quarter. </p> <p><strong> </strong></p> <p dir="ltr">While you may not have heard of Translucent before, it is likely that you heard of Dext, or Receipt Bank. The founder and good friend of mine, Michael Woods is the founder of Translucent.io and he’s built it as a tool he would have liked when