Accessibility, ease of use, and good support. Review collected by and hosted on G2.com.
Having to resync to Xero every time a change is made is a bit of a hassle, but it can’t really be helped. Review collected by and hosted on G2.com.
Fathom is intuitive and offers endless customization options for charts and tables to help you build exactly what you need. The reports are clean and the graphs are highly insightful. The core forecasting and micro-forecasting features are indispensable for forward planning. To top it off, the customer support team is consistently responsive and exceptional! Review collected by and hosted on G2.com.
I would like to be able to see the numbers "data labels" when hovering over points on graphs in the financial reports. Review collected by and hosted on G2.com.
I really appreciate how simple it is to set up. The consolidated groups are helpful, and the visual reporting tools make it much easier for creative clients to understand what’s going on with their financial data. Review collected by and hosted on G2.com.
Very little. Overall it's a great product. Review collected by and hosted on G2.com.
what I find most helpful is how it makes financial reporting much easier and more organized. The reports & dashboards are simple & easy to understand. It's easy to review KPIs, trends & business performance. Onething I really like is that even clients who are not finance focus can easily understand the reports. It also helps our coaches to have smoother & productive conversations w/ them. The acct software integrations are very helpful too.While there can sometimes be sync issues, fathom makes it easy to identify and fix problems between the acct software & the fathom numbers. Another thing is I appreciate your customer support team, they are responsive & easy to work with whenever I have questions or needing assistance. Review collected by and hosted on G2.com.
One area that could be improved is reducing the amount of manual work needed for some tasks. For example, when the COA changes in the acct software, it does not automatically update in Fathom so we still need to update it manually. AR/AP data also doesn't update automatically yet.Another limitation is that Fathom only pulls the COA from the acct software so custom P&L layouts cannot be imported directly. I also can't export reports in bulk across all companies. Review collected by and hosted on G2.com.
I like the multi-currency consolidation features. The support has been really good too. Review collected by and hosted on G2.com.
I think an easier explanation of how the multi-currency consolidation is done on the backend would be helpful. Review collected by and hosted on G2.com.
I like how well Fathom presents financial data in very different formats depending on which audience I'm presenting to. As an outsourced CFO, I find it particularly valuable as many of my clients are visually led, and presenting financial data in graph or visual formats helps them understand what's happening in their business more easily. It's also more malleable than Xero on its own, allowing me to present data in more easily readable formats for my clients. Review collected by and hosted on G2.com.
It could be more customisable. For example, I'm not able to run a rolling twelve month profit and loss report as a single column, which would be useful for my clients so we can review rolling 12m to date vs prior year. Review collected by and hosted on G2.com.
I use Fathom for our monthly and annual financial reports, and it solves the problem of relying on Excel by automatically providing the reports I need. I find it easy to use, and I can easily play with reports and add visuals. These features allow us to present reports to management who may not understand complicated financial documents easily. Review collected by and hosted on G2.com.
Availability of some features that involve multiple entities. Budgets, for example, we could not generate the budget for the next financial year reflecting budget figures per entity in a consolidated report. Review collected by and hosted on G2.com.
I really like Fathom's exceptionally robust financial reporting engine combined with its flexible KPI tracking framework. The capability to seamlessly track both traditional financial metrics and custom nonfinancial operational KPIs in one single space is invaluable for our reporting needs. Additionally, the native integration layer is incredibly stable, effortlessly handling the heavy lifting of data ingestion. Review collected by and hosted on G2.com.
If I had to point out a drawback, it would be that the platform comes with a noticeable learning curve, and can feel a bit difficult to navigate when you first log in. Review collected by and hosted on G2.com.
I use Fathom for forecasts and monthly reporting. It makes good monthly management information packs quickly, and I find it easy to use. I really like the layout and flexibility, as there are many options to customize tables and charts. It's easy to set up layouts that I like and need for each client. I also like the option to save templates that can later be used for other clients. Additionally, the support team is great at answering all queries quickly, which made the initial setup okay. Review collected by and hosted on G2.com.
The forecasting feature could be improved, especially the microforecasts as they don't work as well as I'd hoped. For example, when setting up automatic VAT calculations, only 'baseline' transactions are included and anything from a microforecasts isn't part of the VAT automatic calculations. Also, in the reports, tables aren't as flexible as I'd like. I can't make tables take up half the page or two-thirds, like with charts; they have to be the full width of the page. Additionally, the percentage results are always shown with two decimal places, and there's no option to customize that. Review collected by and hosted on G2.com.
I like the relative ease of customizing different KPIs with Fathom, which is great because we have certain metrics that are highly specific to our operations and need to be tracked. It's also an affordable alternative for consolidating books compared to ERP systems that cost a thousand to two thousand dollars a month and require no implementation. The price is super important for a small business like mine. Review collected by and hosted on G2.com.
When we have a change on our chart of accounts, a change in names specifically, that can cause all of our formulas to break down instead of referencing the old account, it just breaks the formula, and then I have to go in and make sure that all the formulas are reset. Review collected by and hosted on G2.com.
Pricing provided by Fathom.
