Fathom vs Xero What are the differences?

Trust your data and make faster, more informed decisions that lead to better business results. As a Premium Partner, we can help you assess if Fathom is the right tool for you and then help you purchase and implement Fathom for your business. Performance is relative… so it is essential for a business to compare against past performance, and compare against budget, or compare against target. Although Xero reviews each app in the Xero App Store, we can’t give any guarantees. It’s up to you to assess the performance, quality and suitability of any app before going ahead. Whether reporting to investors, lenders or updating your management team, you’ll always be prepared with Fathom. Achieve clarity and confidence about your future financial results and what needs to happen to achieve your plans.

Fathom is a management reporting and financial analysis tool to help accountants and businesses measure performance, monitor trends and identify opportunities. Dryrun was built for business owners throughout a variety of industries such as the creative industry, manufacturing, technology and service firms. Varying bills and invoices can have a cataclysmic effect on cash flow if not managed proactively. It’s no secret that cloud accounting software provides single-entity businesses with significant efficiency gains. Before the cloud, a lot of valuable time was spent keeping accounts up-to-date. But now, this time can be reallocated to activities that help steer a business towards competitive success.

Massively increases the impact of financial reporting for clients

Wave helps manage invoices, credit card payments, accounting & payroll. Fathom also allows our clients to access the reports anytime they need and add questions/comments via their custom Fathom login, thereby allowing meaningful conversations to happen around their financial strategy. Financial Statement Analysis, as the name suggests is a financial statement analysis software,… Fathom is a powerful solution, delivering faster, more insightful data to help you make better decisions.

Fathom combines insightful reporting, fast cash flow forecasting and actionable financial insights into one refreshingly easy business management solution. Get in-depth analysis of your numbers and a clearer picture of your business performance. For businesses with multiple entities, Fathom also provides an easy solution for consolidations. This feature helps fathom accounting to save time and creates accurate consolidated financial statements. These reports can be customized, branded and exported to PDF or Excel. Fathom seamlessly integrates with Xero, transforming your financial data into beautiful reports and timely business insights. These insights help to track profit, cash flow, growth and other key performance indicators .

No More Data Entry

Provide your clients with personalized management reports which present their numbers beautifully. Bring together text, charts, tables and financial statements – in one simple-to-use editor. We provide technology with a focus on generating and converting buyers and sellers into clients. We provide superior technology with a focus on generating and converting buyers and sellers into clients. Keiko is the first point of contact at Fathom, handling frontline office management and administration, providing general organizational support to Fathom and its related group of companies. It brings together everything you need under one platform to manage your accounting, financials, operations, people & payroll.

Each software app that we review is as unique as a fingerprint in how developers analyze, compile and visualize various financial data. Fathom is centered around beautiful report creation and integrates with accounting software giants like Xero and Quick Books Online.

What does the deal mean for Access’ expansion?

He serves as Fathom’s principal financial contact and manages the company’s credit and corporate reporting. A resident of Calgary, he holds a Bachelor’s Degree in History from the University of British Columbia. Whether reporting to lenders or updating your management team, Fathom has your reporting needs covered. Create custom management reports and share business results in a clear and compelling way. Fathom integrates directly with leading accounting platforms, making it easy to get started, stay connected and get more out of your financial data. For multi-entity organizations, it’s important to have complete visibility over the entire network of entities. Within Fathom, this visibility comes through the financials sourced from the accounting system, as well as non-financial data sourced from other systems.

You can use Fathom’s powerful divisional analysis to measure and monitor your Xero tracking categories. And for multi-entity groups, Fathom provides effortless consolidation and comparisons. Successful implementation of business intelligence often rests on two factors – easy access to https://xero-accounting.net/ data, and a rich, flexible toolset to visualize and analyze this data. Using cloud accounting software ensures the latest figures for each entity are easily accessible to decision makers; and then Fathom helps to transform these financials into a range of visualizations and insights.

Dryrun App Overview

Where Fathom is driven by past reporting, with a glance into the future, Dryrun focuses on where your business is headed. Comprehensive financial intelligence, performance reporting, dashboards and consolidations. Anywhere, anytime access to QuickBooks Desktop with the security and reliability of the cloud. Using this trial you can play with a demo company or better still import your own Xero data. The complete analysis, reporting, forecasting, benchmarking and consolidation tool. MAP MAP offers a highly experienced finance function exclusively to digital creative agencies so they can increase their growth and profitability.

Fathom allows me to bring increased clarity & insight to clients with ease. Management accounts packs are now based around Fathom reporting, which sits nicely on top of Xero. The forecasting module is flexible & ties in nicely with the reporting element of Fathom to greatly enhance the forecasting output. Fathom is a leading app in the Xero ecosystem, having helped thousands of advisors and business owners around the world to gain the valuable insights they need to make better business decisions. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Deliver regular personalized management reports to each franchisee, and keep everyone up to date on their most important business metrics.