Fathom

4.8 (18)
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Business intelligence and financial reporting solution

Overall rating

4.8 /5
(18)
Value for Money
4.8/5
Features
4.8/5
Ease of Use
4.6/5
Customer Support
4.6/5

100%
recommended this app
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18 Reviews

Cintia
Cintia
Overall rating
  • Industry: Marketing & Advertising
  • Company size: 11–50 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Excellent tool

Reviewed on 2025/01/18

Excellent, is a great tool to day to day task in todays works

Excellent, is a great tool to day to day task in todays works

Pros

What i most like about fathon is how easy is to use, and how easy is to me to send a minute about de meeting

Cons

Is easy to.use, is easy to teach how to use for the team

Robin
Overall rating
  • Industry: Accounting
  • Company size: Self Employed
  • Used Weekly for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Brilliant forecasting and cashflow tool

Reviewed on 2023/08/03

I love the software and think overall it is very reasonably priced for the hole it fills

I love the software and think overall it is very reasonably priced for the hole it fills

Pros

What i was looking for was an easy forecasting tool to help my business with cashflow. What i got was something even better which will help my business and that of my clients no end

Cons

Support requests have had slow replies tbh

Alexandra
Overall rating
  • Industry: Health, Wellness & Fitness
  • Company size: 2–10 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Fathom is helpful

Reviewed on 2023/03/30

Pros

What I like most about Fathom is that it links with Quickbooks.Fathom is also a great tool to help forecast. I love how I can see runway.

Cons

Fathom can sometimes be confusing to use. For example, Fathom doesn't include tax in the expenses exported to the software.

Shea
Overall rating
  • Industry: Sporting Goods
  • Company size: 11–50 Employees
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Fathom AI Notetaker Made Me a HUGE Fathom Fan

Reviewed on 2024/10/01

Very Positive, great impact on business meeting and detailed records

Very Positive, great impact on business meeting and detailed records

Pros

LOVEEEE the AI notetaker. Truly a game changer and should be implemented in all businesses.

Cons

I wish it would join automatically, but it is not hard to get in the meeting

Alternatives Considered

Zoom Workplace

Reasons for Switching to Fathom

pricing and functionality was much better with fathom
Matt
Matt
Overall rating
  • Industry: Accounting
  • Company size: 51–200 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Quick, clean, accurate financial statements and reports

Reviewed on 2023/09/14

Fathom saves us hundreds (yes, hundreds) of hours per month in labor since we can build a template...

Fathom saves us hundreds (yes, hundreds) of hours per month in labor since we can build a template and copy it between entities. That meant we could create a financial statement format and duplicate it over and over and over as needed to generate reports.Clients also appreciate the clean aesthetic and reliable KPIs - our reporting, while customized, stands out from those firms dumping things right out of QuickBooks or building and re-building them in Excel.

Pros

Syncs to QuickBooks instantly, updates regularly, and allows for unlimited groups to be created for the consolidation of financials between multiple companies. Also, most reports can be exported into Excel if you need to do a little finessing.

Cons

The consolidated charts & graphs module is still in need of a few more granular features.

carisa
Overall rating
  • Industry: Accounting
  • Company size: 2–10 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Likelihood to recommend 10.0 /10

Fathom is a Go to Forcasting Tool

Reviewed on 2023/11/16

Pros

Our firm has looked at a number of cashflow tools for our clients and we have not found anything else with as many features to build out a very detailed cashflow as Fathom has. There are options for drivers, mini budgets, and the bonus is the balance sheet forcasting.

Cons

It takes a lot of time to set it up. It also is harder to learn but once the tool is learned it's easy to use. When you're building out your forecast it is easy to mistakenly delete all of the amounts, and there is not an undo. you have to be very cautious on how you adjust your cashflow to make changes.

Warren
Warren
Overall rating
  • Industry: Financial Services
  • Company size: 2–10 Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Highly Customizable FP+A Software

Reviewed on 2023/07/06

Required to use current financials and build topline and expense forecasting as well as display...

Required to use current financials and build topline and expense forecasting as well as display performance information and forecast information to shareholders and potential investors; our major shareholders were impressed with what they saw during our last meeting held using Fathom as the dashboard and 'deck'; thus, we were able to conduct our entire meeting using the Fathom dashboard report

Pros

Great and easy connection with QBOSimple setup and customizable GL categories Step by step initial setup that is easy to followGreat support and excellent learning materials

Cons

Forecasting using formulas can be a little more comprehensive

CHRISTAL
Overall rating
  • Industry: Accounting
  • Company size: Self Employed
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Fathom Makes Reporting for Clients Easier

Reviewed on 2024/05/01

Pros

I liked that Fathom integrates with QuickBooks Online software.

Cons

There's not much I don't like about Fathom, but I do wish the subscription was less expensive.

Aislinn
Aislinn
Overall rating
  • Industry: Management Consulting
  • Company size: 11–50 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Entreflow Consulting Group's use of Fathom

Reviewed on 2019/04/19

Given that our CEO, Helina Patience used to be a financial analyst, it’s probably not a surprise to...

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.

Verified Reviewer
Overall rating
  • Industry: Management Consulting
  • Company size: 11–50 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Best KPI & Reporting App

Reviewed on 2020/01/30

I am so glad I found this app years ago. It has been an absolute solid rock for our and our...

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.

Imran
Overall rating
  • Industry: Management Consulting
  • Company size: 2–10 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Cash Flow Saviour

Reviewed on 2023/05/21

I use it to help my clients plan their future cash flows and investments.

I use it to help my clients plan their future cash flows and investments.

Pros

Helps Forecast Cash flow in real-time and you can create different scenarios like hiring an employe or purchasing an asset and see its effect on cash flow and P&L instantly

Cons

Unable to connect with ALL accounting Software. Only connects with Xero, Quickbooks, and MYOB. For other accounting software, you need to use Excel Sheets, which is a bit Clunky

Verified Reviewer
Overall rating
  • Industry: Health, Wellness & Fitness
  • Company size: 51–200 Employees
  • Used Monthly for 1+ year
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 10.0 /10

Great Reporting Solution

Reviewed on 2021/12/15

Overall, the software offers a good balance of data crunching packaged into beautiful, presentable...

Overall, the software offers a good balance of data crunching packaged into beautiful, presentable reports.

Pros

Easy to build out nice looking reports that make tracking and presenting company trends/goals simple to do and easy to replicate on a monthly and quarterly basis. There is a good catalog of how-to videos and webinars for an easy start up.

Cons

Forecasting has some limitations (setting up calculations dependent on unit sales across different departments/products is cumbersome) but there seem to be new features/updates that release somewhat regularly.

Trent
Overall rating
  • Industry: Entertainment
  • Company size: 51–200 Employees
  • Used Monthly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Amazing Reporting Software

Reviewed on 2022/11/12

Pros

This software really helped us streamline our reporting over our whole group of companies. A lot of the features are very logical and it is quite easy to pick up after completing there complimentary course

Cons

There are some elements of the software that are not easily editable, such as creating a custom P&L. It is hard to create your own type of P&L could be necessary for your business

Ben
Overall rating
  • Industry: Computer Software
  • Company size: 2–10 Employees
  • Used Monthly for 2+ years
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 10.0 /10

A must for real-time business accounting

Reviewed on 2021/07/06

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

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!

Dave
Overall rating
  • Industry: Glass, Ceramics & Concrete
  • Company size: 11–50 Employees
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Likelihood to recommend 10.0 /10

Fathom HQ - Filling in the blanks from Quickbooks

Reviewed on 2016/10/13

Even though we had Quickbooks Premier for Contractors I needed a better tool to visualize our...

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.

Grant
Overall rating
  • Industry: Information Technology & Services
  • Company size: 51–200 Employees
  • Used Weekly for 1-5 months
  • Review Source

Overall rating

  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Fathom is giving me the spotlight on my reporting

Reviewed on 2021/12/21

Pros

Ease of use; flexible forecasting; dashboards

Cons

The foreign currency translation reserve arising under IAS21 needs to be automated

Michael
Overall rating
  • Industry: Computer Software
  • Company size: 51–200 Employees
  • Review Source

Overall rating

Reviewed on 2019/01/03

Brian
Overall rating
  • Industry: Accounting
  • Company size: 2–10 Employees
  • Used Monthly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Beautiful reporting

Reviewed on 2018/03/29

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