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Fathom Reviews

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6 reviews

recommended

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Entreflow Consulting Group's use of Fathom

Reviewed 2 years ago

Given that our CEO, Helina Patience used to be a financial analyst, it’s probably not a surprise to many of you that this is one of her favorite apps to use at Entreflow. So I absolutely love this app and it's one of those apps that I can safely say is suitable for absolutely every business and business owner. It has a super easy ratio and profitability analysis. For those of you who are a little bit rusty in your ratios, it explains what those are and also has the definitions for your clients too

Pros

Our favourite feature is the sensitivity analysis. Within the app you can do “what if” analyses to see “If we grow our sales by this much, what does that mean to our net income?”, “If we change our mix by this much, what does that mean for our net income?” and there's a whole bunch of different things you can look at, but it's literally toggling a little bar around and it gives you a really clear indicator of how you would do. And then within the app itself, if you're sitting there with a client using the app you can actually see animation occur to show you a bigger picture of what's going on. You can also click on certain aspects to drill down and get more information which is just amazing given the amount of work that used to go into doing this in Excel.

Cons

We would love to be able to bring in non-financial data, and data from other sources like Google Analytics, your CRM information, your ERP, your Facebook analytics. Native connections brought there, or at least be able to connect data to a Google sheet so that on the non-financial KPI (key performance indicators) side of things, you can pull that data in super easily and get a bigger picture without having to manually enter anything in.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Best KPI & Reporting App

Reviewed a year ago

I am so glad I found this app years ago. It has been an absolute solid rock for our and our client's businesses. Free 14 day trial. It's a no-brainer.

Pros

So easy to use. Extremely beautiful. Logical setup and design. Forces people to focus on the right things easily and get deep insight into business results without having to do a whole lot of work. It makes it possible for non-financially focused people to engage deeply with business targets, results and trends in an approachable and exciting way.

Cons

The feature rollouts have been a bit slow in the past few years. Would love to see this app grow a bit faster. We are using 85%+ of the app with every client so chomping at the bit for more features.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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A must for real-time business accounting

Reviewed 18 days ago

A great tool for accountants, bookkeepers, and managers who are looking to elevate their real-time business intelligence

Pros

This software enables a whole new level of intuitive, objective insights on the financial health of your business. Quick to get started with a plethora of report options. The company summary PDF is a primary feature on its own.

Cons

Might take a bit of time for you to tag your existing financial statements to harmonize with Fathom's account structure. Once this is done, you are set!

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Fathom HQ - Filling in the blanks from Quickbooks

Reviewed 5 years ago

Even though we had Quickbooks Premier for Contractors I needed a better tool to visualize our business and where it was going. Fathom fit that to a T. Super easy to setup and link to QB Desktop, and it produces beautiful visualizations and dynamic analysis. The goal seek tool is really slick too. Quickbooks would have to do a lot to make me want to cancel my subscription. Cannot comment on support as I've never needed it.

Pros

Super easy to use. Links to online or desktop Qbooks.

Cons

None so far.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Beautiful reporting

Reviewed 3 years ago
Pros

Beautiful reports for your month-, quarter-, and year-end financials Goal-seek functionality to do scenario planning Easy to use interface to prepare a report from scratch or a template Syncs with QuickBooks Online and Xero

Cons

Difficult to set up your own calculated formulas

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support

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Reviewed 3 years ago
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