Which Xero Third Party Application Is Ideal To Integrate Multiple Entities For Powerful Consolidated Analytical Reporting And Forecasting?

fathom xero

Learning the key information to track in Xero for proper analytics. Let’s talk about how your product can solve the business needs of our visitors. “This tool is HANDS DOWN the best tool that I have ever used to produce financials, trends, and KPIs. I have been looking for this tool my ENTIRE career.” “Reach reporting is amazing and so easy to work with.”

Dryrun was built for business owners throughout a variety of industries such as the creative industry, manufacturing, viticulture and service firms. Varying bills and invoices can have a cataclysmic effect on cash flow if not managed proactively. Accountants also see the value in Dryrun for managing and advising their clientele across professions, as do those in finance within larger organizations. Formerly known as CrunchBoards is an all-in-one forecasting and reporting application designed for businesses and advisors who want to control cash flow and accelerate growth. Fathom integrates seamlessly with QuickBooks, Xero, MYOB & Excel data to provide insightful, beautiful reports & dashboards. Xero is an easy to use online accounting software that’s designed specifically for small businesses. Fathom transforms your accounting data into insightful visual reports and dashboards.

Collect KPI data for insights into informed decision making. Each software app that we review is as unique as a fingerprint in how developers analyze, compile and visualize various financial data. Like Futrli, Fathom is centered around beautiful reports creation that integrates with accounting software giants like Xero and Quick Books Online. Ideal for some businesses but not for all, our in-depth comparison is a time investment that every business owner, accountant, and senior exec should make time for. Fathom integrates with Xero seamlessly and helps you to get insight into your business by creating beautiful reports from your financial data. You can use these insights to track profit, cash flow, and the growth of your business.

We provide services to any type of industry, a few are listed below. Get weekly alerts on business insights, acquisitions, and changes in the technology landscape. Discover competitors of Fathom to find prospects, market share, technology movements, buying patterns and compare technologies against each other. The number of companies that have started using Fathom in the past month. This has been the standard methodology in the enterprise space for larger organizations for the last 30 years. Historically this “data warehouse approach” used to be a fairly cost intensive exercise that required budgets unavailable in the average SMB. In 2010, Dave Brailsford took on the role of performance director at ‘Team Sky’, a new British professional cycling team.

Track and monitor the performance of a group of related companies. Let your client access the report and analysis which you prepared for them. Fathom makes it easy to monitor alerts for each of your companies or clients from a single dashboard. Whether presenting to a client, reporting to the bank, or updating your management team, you’ll always be prepared with Fathom. Whether presenting to a client, reporting to a bank, or updating your management team, you’ll always be prepared with Xero + Fathom.

For requirements where users are looking for exactly what the web application offers, they can be a good choice. Particularly, when only better reporting and simple planning with the accounting data are the key objectives and the required process matches the one offered in the app. We like to think that Panoply is the best analytics add-on for Xero and for your business in general. Panoply’s easy to use data connectors, data warehousing, and integration with your BI tool of choice make it one of the best ways to level up your analysis.

From there, unlimited cash flow and sales forecasting visualizations – aid businesses in their forward-focused operations. Spotlight Reporting seamlessly integrates with Xero enabling accountants and businesses to import actual and budget data from Xero with the click of a button. Crafting beautiful and usable business intelligence tools which provide insight & deeper understanding. So, in addition to reporting for an individual company, you can easily track and monitor the performance of a group to which a company belongs. We love Fathom and the powerful reporting benefits it can provide. Whether it be consolidated reporting, and group activities, or more nitty gritty KPI analysis, we can help.

fathom xero

This tool also closely monitors and keeps track of the other group of related companies performance. It highly customizes the presentation of users’ data by using financial statements and tables. Users can choose from a range of ready-to-use graphs, charts, and visualizations. Overall, Fathom is the Ultimate tool for CEOs, accountants, franchise groups, or advisors.

About Fathom

Creating beautiful management reports and dashboards has never been easier. Sage Intacct is one of my favorite options because they offer custom accounting software for different industries, including non-profit organizations. Outsourced bookkeeping for nonprofits is our specialty here at Navitance, so it’s nice to see software that reaches that niche as well.

Integrating Zoho with Xero is incredibly easy using the advanced analytics connector provided by Zoho. This integration is compatible with sales and marketing, email and collaboration, finance, human resources, IT and help desk, and custom solutions services. Zoho is trusted by more than 50 million users worldwide. Xero has partnered with Power BI to provide a big data solution to small businesses.

Intacct is a cloud-based accounting and financial management system that is designed for the businesses of all levels. We can assist you in the setting up of Unleashed software, and integration in to Xero. The complex process of getting your inventory right, and perfectly setup in Unleashed is important and highly delicate. We can assist you in getting it right from the start, and helping you get the most out of your Unleashed and Xero integration.


If your eyes glaze over when you’re presented with financial statements for your business, you’re not alone. Many entrepreneurs benefit greatly when they can see their financial results in graphical and chart formats. Fathom is the perfect tool to help your numbers come alive so they can become meaningful for you. Using Panoply and Xero together provides a complete view of your entire business by allowing you to easily combine and analyze data from a ton of built-in sources with your Xero data. It also allows you to collect data from any data source, which you can then then connect to any BI tool quickly and easily.

fathom xero

Small businesses can easily obtain a 360 view of their businesses and use drag and drop pre-built dashboards easily. G-Accon provides good support for the newcomers with their documentation and product requirement portals.

Floatapp provides smooth integration with Xero, performing accurate and automatic sync with the software and transferring cash transactions. Almost all the software like Xero, Quickbooks, sage use add-ons. Add-ons help them customise their software according to the client’s needs. They even serve those features that are not available to themselves. Accounting software is designed to comply with your business needs. For small businesses to large firms, accounting software comes with self-customized types to cater to everyone. However, the needs of humans and businesses are never-ending.

Fathom is ideal for accountants and leading advisory teams to automate the workflow and increase efficiency. Get access to insights which help you assess business performance, monitor trends and identify improvement opportunities. Up next in our School for SaaS tools article series is financial reporting tool Fathom. Zoho is a business analytics tool that you can use to do reporting and analytics. With Zoho, you can create charts, pivot tables, and dashboards. These reports and dashboards help users to get insights from business data and make informed decisions. Zoho provides a set of default, user-editable reports and dashboards, but users can also create their own reports and dashboards.

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Power BI is a very popular business analytics tool, and now with the support of Xero’s accounting capabilities, they can come together to create great insights for small businesses. Xero’s simplicity makes it easy to set up and get running, but when it comes down to it, when you are running a business, you need to use extra tools to use along with Xero to get the most out of it. The two main areas where you will need add-ons are reporting and retained earnings balance sheet advanced analytics. While reporting gives you great insight into your business, advanced analytics helps you to make better decisions. Xero not only offers a revolutionary accounting software, but also encourages an active global community of developers, customers, and business advisors to create this ecosystem of software solutions. There has been a lot of talk within the profession about the value of focusing your firm around a vertical.

That’s why he chooses to use Fathom and Xero to make sure his business performance is as good as the surfboards he designs. As one of Xero’s foundational Add-ons, Fathom has been around for five years and services 10,000 business and advisors. Armed with this experience, the team at Fathom has put together this list of useful questions to ask when researching which Add-ons will add value to your business. As organizations look to build beyond those early stages, finance and accounting take on a critical role. Without a robust accounting process, it becomes nearly impossible to determine product profitability, create budgets/forecasts, or even raise money. Seamless integrations with Xero, QuickBooks and MYOB transform your financial data into useful, visual analysis reports. Although these two packages mainly target small businesses, there are good options for anyone who wants to analyze and save time.

  • In terms of ratings, according to the Xero website for third party apps Fathom received a 5 star rating based on 101 reviews.
  • Fathom makes it easy to monitor alerts for each of your companies or clients from a single dashboard.
  • Here data is loaded from ERP, accounting and other systems in a separate “data warehouse” that is optimized for analytics.
  • We will help you find alternatives and reviews of the services you already use.
  • Outsourced bookkeeping for nonprofits is our specialty here at Navitance, so it’s nice to see software that reaches that niche as well.

We cannot run add-ons independently and have to rely on a full-fledged software. The number of companies that have stopped using Fathom in the past month. It’s no secret that the right technology stack can provide your practice with a significant competitive advantage. So it’s worthwhile putting some time aside to research the Xero Add-ons that can evolve your practice to the next level.

Automating Management Reporting And Consolidations In The Cloud

Choose from 50+ financial KPIs and track performance against budgets or targets. 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. Visit /signup to get started with a free 14 day trial. Using this trial you can play with a demo company or better still import your own Xero data.

Want to show the relationship between the cash on hand and expenses? What about marketing spend relative to the PPC revenue?

Fathom Customers By Industry

Power BI has an enthusiastic community to discuss your problems, and you will be supported with guided learning, documentation, developer center, webinars, and blog articles. The Pro plan is suitable for self-service BI, and the Premium plan is suitable for advanced analytics and cloud reporting options. Xero, together with Microsoft Power BI, allows users to analyze and access information to make smart fathom xero and sustainable decisions by delivering powerful analysis and data visualizations. You don’t have to be an expert to use these tools, as it only takes a few clicks to link your data with Power BI. Furthermore, its features help founders, accountants, product managers, marketers, remote teams, and even freelancers. You can easily sign up with Cenario in less than 30 seconds and try it for free.

Business Unusual Series: #1 Know Your Numbers

Brailsford was tasked with the job of changing this record. If you feel like you’d like to start digging deeper into your business’s financial results to find opportunities for more growth and profit, then please contact us anytime.

Best Data Transformation Tools Compared For 2021

Your ability to get granular data can spell the difference for your clients as they guide their business. The measurement of metrics is very significant in our commercial development. Love the reporting features and ability to set soft KPIs. You can add in other data to Spotlight reports via WorkflowMax, EXCEL and Google Analytics, as well as add in your own non-financial KPI information as well.

The flexibility of changing the type of report you want to have and also the way of displaying the report is all visualization with limited space to add description to explain the data. The best thing about Fathom is the visualization of the data, and it does have custom templates for your reports. It’s simple to use and navigate all this software features and functionalities. Spotlight reporting, Fathom and Futril are the three top rated apps according to the Xero App Marketplace for multiple entity consolidation and forecasting. Be sure to take up the free trial period before locking into one of these solutions long term. Tailor the presentation of your data using tables and financial statements.

The team at Fathom recently caught up with Hayden Cox of the booming Haydenshapes surfboard brand. bookkeeping Hayden has an incredibly innovative approach to both surfboard shaping and to business itself.

Author: David Paschall