Question 1

What accounting software does Fathom integrate with?

Accepted Answer

Fathom seamlessly integrates with QuickBooks Online, Xero, and MYOB, allowing for automated data import and eliminating manual data entry. This ensures your financial data is always up-to-date and accurate.

Question 2

How can Fathom help me improve my business performance?

Accepted Answer

Fathom provides a comprehensive view of your key performance indicators (KPIs), allowing you to identify trends, benchmark against competitors, and proactively address potential issues. The Goalseek feature helps you model different scenarios and understand the impact of various decisions.

Question 3

What is the 'Goalseek' feature and how does it work?

Accepted Answer

Goalseek is a powerful forecasting tool that allows you to change multiple variables within your financial model to visualize their impact on a specific KPI. This helps you understand the levers you can pull to achieve your desired outcomes.

Question 4

Can I customize the reports generated by Fathom?

Accepted Answer

Yes, Fathom offers extensive report customization options. You can select the KPIs you want to include, brand the reports with your company logo, and tailor the presentation to your specific needs.

Question 5

How do the alerts work in Fathom?

Accepted Answer

Fathom allows you to set alerts for your key KPIs. When a KPI falls above or below a predefined threshold, you'll receive a notification, enabling you to respond quickly to significant changes in your business performance.

Question 6

Is Fathom suitable for businesses that manage multiple entities?

Accepted Answer

Absolutely. Fathom is designed to handle multiple companies or clients, allowing you to easily compare performance, identify best practices, and provide consolidated reporting.

Question 7

What security measures are in place to protect my financial data?

Accepted Answer

Fathom prioritizes data security. We employ industry-standard encryption, secure data storage, and regular security audits to protect your sensitive financial information.

Question 8

Does Fathom offer any training or support resources?

Accepted Answer

Yes, Fathom provides comprehensive support resources, including detailed documentation, video tutorials, and responsive customer support to help you get the most out of the platform.

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