Fathom

Extra, extra! 🗞 In this month's edition of The Exchange, you'll hear from seven industry experts on how they're using cloud tech to empower their finance teams! Learn how to simplify remote work, improve data accuracy, spend more time on insights, save money, and boost efficiency with the right tools. Read all about it here 👇

Everyone digests information in different ways—make sure you're communicating with them in a way that speaks to them. In our latest interview snippet with Lucy Cohen, co-founder and CEO of Mazuma Accountants, you'll hear about Lucy's real-world strategies to unlock better communication from... 💬 Tailoring communication to diverse learning styles 📈 Making financial data digestible and impactful 🎨 Utilising visual tools for instant clarity If you're tired of endless emails and complex reports, this conversation is a must-watch! Dive into Lucy's insights to help transform the way you communicate. #ClientCommunication

Use the right visuals to help your clients ask the right questions and make informed decisions! We're excited to share insights from Keila Hill-Trawick, CPA, MBA, CEO and Founder of Little Fish Accounting, and one of Forbes’ Top 200 CPAs. 📊 “One thing I really love about Fathom is that I can change the parameters and metrics on each widget within the financial statements. This flexibility allows my clients to see exactly what they need to understand their finances better.” Keila explains how Fathom's customisable visuals enable her clients to drill down into their data, leading to better questions and decisions. By tailoring data views, she helps clients see the big picture while focusing on key details. 💡

Plan for the best, prepare for the worst! We spoke with David Harreveld., External CFO & Founder of Ascern, who shared some powerful advice on proactive scenario planning. Here's what we learned... Think ahead: Always consider both positive and negative scenarios. If you’re unsure what they might be, get someone to help you brainstorm. Client retention: Your current clients might not stick around forever. What if you lost 25% of them in the next six months? Have a plan for that. Balancing growth: Focus on growth while keeping your current clients happy and loyal. Worst-case planning: Always prepare for the worst-case scenario. It helps you stay flexible and ready to pivot. Stay prepared, be adaptable! 🚀 #ScenarioPlanning #Adaptability

🎉 Woah, we're halfway there... 🎉 We're past the halfway mark of 2024, a year that has already seen the rollout of some major feature upgrades! Here's a quick refresher on some of our favourites so far: 🚀 January 2024: Five-Year Forecasting Need to apply for a bank loan, impress potential investors, or just plan for the future? We've got you covered! January saw the introduction of Five-Year Forecasting, letting you extend your forecast up to five years with all your existing rules and assumptions seamlessly carried forward. Learn more https://ow.ly/zLrM50SI7cQ 📊 March 2024: KPIs by Company March brought the powerful 'KPIs by Company' table, allowing you to monitor individual company performance across key metrics, including custom metrics. With the 'KPI Comparatives' table, you can highlight key KPI metrics across subsidiaries, compare to targets, or track over different periods. Plus, we added comparisons to the Breakdown Analysis tool. Read all about it here https://ow.ly/yxv250SI7e7 💰 May 2024: Aged AR/AP Reporting Stay on top of cash flow with Fathom's Aged Accounts Receivable and Accounts Payable (Aged AR/AP) reporting! This feature lets Xero and QuickBooks Online users easily identify top debtors and creditors. Integrate Aged AR/AP reporting components into Fathom reports and keep your data up to date directly from your accounting system. Discover more https://ow.ly/3ARF50SI7f6 Keep your eyes peeled for even more to come this year!

🎸 Heading to Xerocon Nashville? 🎸 Tune up your industry conference game with our webinar before you hit Music City! Get the lowdown from industry aficionados Heather Smith and 🐻 Dan Luthi on how to prepare, so you're ready to rock #Xerocon Nashville like a pro 👇 https://lnkd.in/gd_2ApM9 The session kicks off at 10am PDT on 6 August. See y’all there! 

Looking to upgrade your tech stack? Check out our fantastic customer Grenfell James' lineup! Grenfell James proves that having the best tools is key to staying ahead in today's competitive world. It's all about efficiency, accuracy, and making smart decisions. We're especially excited to see Fathom dubbed "The Nerdy One" 🤓

Glazed-over looks, no questions, and zero engagement from clients? We get it—and so does Alex Bond Burnett ⚡️ ACC! Watch our latest workshop with Alex, a financial communication coach, and discover her game-changing solutions that will teach you how to: ▪ Build trust that fosters open dialogue ▪ Simplify complex data into clear messages ▪ Transform dry numbers into compelling stories ▪ Adapt to your client's unique communication style ▪ Empower clients to take decisive action Dive into Alex's Five Non-Negotiables and watch the full workshop here 👉 https://bit.ly/3yly8Aw #ClientCommunication #EffectiveCommunication

Ever feel like you're speaking a different language when presenting financial data? 💬 In our latest snippet with Paul Barnes, managing director of MAP, we discover how to make your numbers speak clearly. Considering the following when presenting the numbers will help you connect with your audience... ✨ Data: Ensure everyone truly understands the numbers, not just the details. 📖 Stories: Foster a learning environment where it's okay to ask questions. ❓ Questions: Create engagement by checking understanding and encouraging discussion. Share your tips in the comments below!

Are multi-entity financial consolidations driving you up the wall? We get it—navigating hundreds of tabs, dealing with errors, and striving for clarity can be a nightmare. But fear not, join our upcoming webinar on August 1st to master the art of effortless consolidated reporting. 🧠 You'll learn how to: ▪️ Avoid the headache of endless Excel tabs ▪️ Error-proof your consolidations ▪️ Bring clarity to your numbers ▪️ Automate reporting & communication with scheduled and shared reports ▪️ Plus, get all your burning questions answered in a live Q&A session! Register for your region below 👇 🇦🇺 Australia: Register here https://ow.ly/cRvL50SI0Sc 🇬🇧 United Kingdom: Register here https://lnkd.in/e-xVaHG3 🇺🇸 United States: Register here https://ow.ly/ino050SI0Se #FinancialReporting #Consolidations