Management reporting and financial analysis tool which helps you to assess performance, monitor trends and identify improvement opportunities. Check out Fathom.
Remember if you have questions or need assistance with Fathom, this is not the best place to ask - this forum is for reviews and feedback only.
For support contact Fathom.
The Team At Prosperity Business
Support team is very supportive and response very quick.
Really love it, my favourite one
The ability to consolidate by businesses across multiple countries into one view of the world has been just gold.
We use this with our clients to gain massive insights into their business
Highly recommend this tool.
I would love it if it allowed you to produce a slightly more detailed P&L with a few more tags, if you could merge the budget view reports into the main report and if they would add polish zloty currency - (as they have promised they will). It is very good value for money for all it offers and a definite improvement for us over doing everything in excel.
You can also upload and track non financial KPI's which is amazing.
We love that it's quick and easy to update from Xero and MYOB, and that our clients are always keen to see how their numbers are looking. It's a great conversation starter to open up the real issues affecting their businesses.
The team is also very friendly, listen to feedback and always a pleasure to work with.
I highly recommend starting to use Fathom with your clients.
This is very helpful for us both internally - in tracking our own progress, but also for banks, investors etc in professionally presenting our situation.
I understand that exciting developments are in the pipeline which means the Fathom team, like all great companies, are looking to keep at the cutting edge of the possible.
Enjoyable staff to deal with any problems and a big plus to our business.
Once setup to suit your business, its a great time saving measure.
Cons: cashflow function is limited (i.e. doesn't allow for cashflow cycle analysis or to drill down into elements forming the report); having said that, the report provides some help via "?" sign if you want to drill down and reconcile accounting data
It is very easy to use and offers enormous flexbility in reporting. It's a first rate product.
Please add some more reporting options, such as 5 years P&L and BS comparisons, Trend analysis for 5 or more categories. Bar chart options for reports.
Really liked the excel import options and customization. This allows great deal of flexibility for non cloud clients. Highly recommended!
I've found there are a huge number of KPIs, so generally just pick a few key ones to run through with the client rather than overwhelm them. It is really good having such a wide selection though so I can pick what is most appropriate for the client.
Fathom itself is a pleasure to use. The animation of each area is so slick and is impressive to show clients on the screen. You can see the love, care and attention to detail the developers have spent on this.
I can't recommend this add on highly enough, and with a free trial you'd be crazy not to try it out.