Fathom is a financial analysis and management reporting tool which help our clients to assess their business performance, monitor trends and identify improvement opportunities. Fathom offers features such as performance metrics, trend analysis, benchmarking against industry standards and customisable KPI tracking. It helps businesses understand their financial health, identify areas for improvement, and make data-driven decisions.
Why Fathom?
Fathom is a game-changer for our clients who are seeking clarity of their business’ finances and performance. A cloud-based solution, Fathom seamlessly integrates with Xero, QuickBooks and MYOB, making implementation a breeze with just a couple of clicks. Once connected, Fathom provides a suite of in-depth analysis tools and metrics tailored to your unique business needs.
What are the features of Fathom?
Fathom has the following main features:
- performance assessment - Regular updates on the most recent numbers and KPIs.
- performance analysis – Fathom transforms numbers into insights for easier digestion. The goal of these insights is to provide understanding and visibility into revenues, profitability, cash flow, growth and non-financial metrics.
- performance reporting – Customised management reports are provided to help our clients thrive. These present your numbers beautifully and give the insights you need for informed decision making.
- performance forecasting – Fathom can help you plan for the future and confidently plan for every possibility with three-way cash flow forecasting.
What are the benefits of Fathom?
Tailored reports
We understand that our clients require more precise information for their reporting, rather than a bog-standard template. Fathom is a handy tool in this case, as it enables custom-tailored reports that cater to your business’ unique needs. This will help you to track the metrics that are relevant for your business and deliver insights which are useful for making better business decisions.
Visual reporting
Fathom provides beautifully crafted reports that not only showcase the financial health of businesses but also provide insights to drive better decision-making.
The next step
If you would like to find out more about Fathom and other cloud accounting related services, please contact your local UHY cloud accounting adviser.
