October 15, 2024
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Whether you’re looking to provide insightful advice to clients or simplify your business’s financials, this comparison of Fathom vs Spotlight Reporting will help you decide which of these financial management reporting solutions is the best fit for you.
This article provides an unbiased, fact-based analysis of Fathom vs Spotlight Reporting to compare their features, benefits and support.
See how Fathom compares as an alternative to Spotlight Reporting.
Are you looking for a solution that can simplify financial reporting, forecasting and analysis? Fathom and Spotlight Reporting are two intuitive platforms that can help you do just that.
Both offer a range of features to help eliminate manual processes and gain deeper insights into your financials. There are, however, key differences between the two which we’ll cover in this article.
Why read a comparison by us? Born in Brisbane, Fathom has grown from a locally-based platform to one now used by over 80,000 businesses worldwide – so we would like to think we have a good idea of what good financial management software looks like.
What follows is designed to compare Fathom vs Spotlight Reporting in a purely objective way. If Spotlight Reporting outshines our solution in certain areas, we’re not afraid to point that out.
Whether you’re an accounting firm offering financial advice, a business looking to more efficiently manage its financials or a franchise, read on for an objective comparison of these two solutions across their key features, benefits and support.
Fathom is an intuitive cloud-based financial management solution that offers insightful reporting, forecasting, consolidation and analysis features.
The platform was developed in Brisbane and is trusted by over 80,000 organisations worldwide – from small to medium-sized businesses (SME) and franchises to accounting firms and global enterprises, including the likes of BDO, Grant Thornton and Mazars.
Known for its visually engaging reports, flexible pricing and world class support, Fathom helps eliminate time-consuming manual processes and simplify financial reporting.
Spotlight Reporting is a cloud-based financial management platform that offers powerful reporting, forecasting and consolidation capabilities. The solution was developed in Auckland, New Zealand and is used by accounting firms, CFOs, businesses, franchises and not-for-profits worldwide.
An easy-to-use, all-in-one platform, Spotlight Reporting is primarily targeted at accounting firms to help them scale their advisory services. It’s trusted by over 2,000 businesses worldwide, including global firms PWC, Deloitte, EY and KPMG.
Both Fathom and Spotlight Reporting offer advanced features and benefits for a range of businesses. However, there are key differences between the two.
Let’s see how they compare across two fundamental areas – key features and support.
Fathom offers a full breadth of features that makes it suitable for a wide variety of businesses – from SMEs and accounting firms to businesses with multiple franchises. As a Spotlight Reporting alternative, the platform stands out for its seamless usability and compelling visuals that allow you to quickly grasp financial insights.
Let’s look at some of Fathom’s standout features:
You can read more about Fathom’s key features on our dedicated features page.
While primarily targeted at accounting firms, Spotlight Reporting’s range of features also makes it suitable for SMEs, CFOs, franchises and enterprises. Let’s look at its best features:
As subscription-based software-as-a-service (SaaS) platforms, Fathom and Spotlight Reporting don’t require an extensive implementation. Here, we compare the onboarding and ongoing customer support the two solutions provide.
Fathom’s user-friendly interface reduces the need for extensive training, making it a popular choice for businesses looking for a quick and easy setup. Onboarding support is provided via Fathom’s team of experts, which include qualified accountants.
The solution provides phone and email support via a local team. You can also access training videos and an extensive help centre featuring hundreds of articles.
Spotlight Reporting offers a range of training videos to assist with onboarding. In terms of ongoing customer support, the solution offers a vast knowledgebase portal as well as help articles, video tutorials, webinars and online courses.
Here’s a quick recap of how the two solutions compare across key areas:
Hopefully you now have a good idea of the key differences between Fathom and Spotlight Reporting. However, it’s important to dive deeper into both solutions to see which one aligns best with your business’ needs.
A good place to start is by exploring Fathom’s product page. If you would like to try the solution firsthand, you can sign up for a free 14-day trial.
Whether you are considering Fathom, Spotlight Reporting or another solution, our team is always here to help. Feel free to contact us today and discuss how we can assist you in making the right choice.
Kit is the Content Marketing Manager for The Access Group APAC and Fathom. He is a former journalist with extensive experience in content writing and copywriting across various industries, including higher education, not-for-profit, and finance sectors.
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