Fathom and Xero, what a Beautiful Pair

the digital CPAAccounting, entrepreneur, Small Business, Xero

A Xero refresher…

If you’re running a business, then chances are good that you know of or have already incorporated Xero software to help with the financials. With Xero, the sky is the limit. The list of things to help grow and organize your business seems endless. From tracking your inventory, controlling your cash flow, to paying employees and calculating payroll—well, needless to say, there are many happy entrepreneurs out there! Xero basically gives businesses the opportunity to stay financially organized and in control on a daily basis. Bank reconciliations and invoice updates never happened so fast.

But, wait, wouldn’t it be cool to get all that helpful info in a neat little report?

Well, what do ya know…there’s an app for that, “Hooray!” Fathom is an amazing in-depth metrics analysis tool which can reveal to you just how well your business is doing. Fathom’s analysis capability will help you see and understand the broader picture of things like, profitability, cash flow, and growth. How amazing would it be to not only have Xero’s organizational and combining member capabilities, but also a second view of where your professional efforts are headed? Check out what Xero’s integrative app, Fathom can help you learn and do, with these KPI’s (key performance indicators)…

  • Customized reports
  • Track performance against budgets
  • Track non-financial metrics…that still have a huge impact
  • Create your own KPI, and construct formulas for calculation
  • Re-brand your reports with your personal logo
  • Share access with team members and clients
  • Heavy analysis tools:
    • Profitability analysis
    • Cash flow
    • Growing trends
    • Goal seeking
    • 90 + ready-to-use charts

This app is fast, flexible, crafty, and brings a new meaning to the phrase “visual charts”.

If you would like to learn more about how to use this app for your business, thedigitalCPA is here to help with any of your financial needs.

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