What is Fathom?
Fathom provides a comprehensive business management solution that integrates financial analysis, reporting, and forecasting capabilities into a single platform. The tool offers in-depth insights into business performance through custom management reports, cash flow forecasting, and consolidated financial reporting. Users can monitor key performance indicators and visualize business data to gain a clearer understanding of their financial health.
The platform features an insights dashboard for monitoring client bases, group benchmarking for comparing multiple entities, and seamless integrations with popular accounting software like QuickBooks, Xero, and MYOB. Fathom enables businesses to create professional reports, project future financial results, and consolidate data from multiple companies with accuracy and efficiency.
Features
- Financial Analysis: Indepth insights into business performance
- Management Reporting: Create custom management reports
- Cash Flow Forecasting: Cash flow forecasting and planning
- Consolidated Reporting: Fast and accurate consolidated financial reporting
- Insights Dashboard: Monitor and engage your entire client base
- Group Benchmarking: Visually compare & rank your companies, clients or franchisees
- Integrations: Connect to your favourite accounting platforms including QuickBooks, Xero, and MYOB
Use Cases
- Create custom management reports for business presentations
- Forecast cash flow and financial performance for planning
- Consolidate financial results for multiple businesses or franchise groups
- Monitor key performance indicators and business metrics
- Provide advisory and reporting services as an accountant or bookkeeper
- Compare performance across different companies or franchise locations
- Import financial data from accounting systems for analysis
FAQs
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What is the difference between Fathom Portfolio and Fathom Pro subscriptions?
Fathom Portfolio is a cost-effective subscription for accounting firms to monitor entire client bases at a glance, while Fathom Pro provides full-featured financial insights with deep reporting, forecasting, and performance tracking. -
Is there a minimum contract term for Fathom subscriptions?
No, Fathom is a monthly pay-as-you-go service with no contracts, and you can cancel at any time without renewal at the end of your billing cycle. -
Are consolidated groups charged extra in Fathom?
Consolidated groups are free of charge with no limit on how many consolidated groups you can create. -
What security measures does Fathom implement?
Fathom uses enterprise-grade security including GDPR compliance, SOC 2 Type 1 certification, ISO 27001 certification, two-factor authentication, data encryption, and role-based access control. -
Can I change my Fathom subscription plan at any time?
Yes, you can upgrade or downgrade your plan at any time from within your account, with upgrades applying immediately for additional companies.
