Say goodbye to spreadsheets! Fathom makes reporting, forecasting, and understanding your finances a breeze
January 02, 2024

Say goodbye to spreadsheets! Fathom makes reporting, forecasting, and understanding your finances a breeze

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Fathom

Effortlessly generate insightful reports, forecast cash flow, and gain actionable financial intel with Fathom's one-stop business management platform. We review financials, cash flow and division performance, We review our financials on monthly basis and Fathom is the reporting toll we us to review the performance of the business. It is also very user friendly to use.
  • Xero Integration
  • Instant Financials Reports
  • If you have multiple divisions within the business, reporting/budgeting by division are not as good as induvial reports.
  • it saved us few hours a month to prepare consolidated reports.
  • it made is easy to understand the financials with visuals
  • Integration with Xero also made it much accurate
We also used Spotlight reporting before we tried out Fathom and we found Fathom much easier to navigate and Xero integration, consolidation are very strong feature of the product. Spotlight reporting is similar to Fathom however, Fathom is more flexible, there are better visual reports and grafts and we found it easier to customize the reports templates. You can also share the reports with multiple group of people online.

Do you think Fathom delivers good value for the price?

Yes

Are you happy with Fathom's feature set?

Yes

Did Fathom live up to sales and marketing promises?

Yes

Did implementation of Fathom go as expected?

Yes

Would you buy Fathom again?

Yes

Xero, Spotlight, Deputy, Hubdoc, Dext Prepare (with Receipt Bank), QuickBooks Online
Report could be used in any industry but when it comes to functionality, it is more suitable businesses where there are not many division. I found it hard for Fathom to extract Xero tracking data and to represent it in the financials. If you would like to consolidate the financials, I also find it easy to do it via Fathom

Fathom Feature Ratings

Long-term financial planning
7
Financial budgeting
9
Forecasting
6
Scenario modeling
Not Rated
Management reporting
9
Automated Budgeting
Not Rated
Financial Planning Collaboration
7
Budget Customization
8
Departmental Budgeting
4
Import & Export Tools
7
Personalized dashboards
Not Rated
Color-coded scorecards
Not Rated
KPIs
8
Cost and profitability analysis
8
Benchmarking with external data
Not Rated
Revenue Forecasting
8
Key Performance Indicator setting
8