Fathom

EXPERT SERIES | Coming up next: A first-rate masterclass in how to automate consolidated reporting with Tyler Caskey, Partner at TheBeanCounters. If you're trying to automate your consolidated reporting or thinking about dropping the spreadsheets, this is the interview for you. Tyler shows us his process beginning with source files in Xero, imported into Fathom to create a report, and how he plugs in Mayday to boot. Packed with key tips from one of the best in the business. Don't miss it! Interview coming soon. #cfo #accountingandaccountants #reporting The Access Group - Asia Pacific

Are You Guilty of Ignoring Your Business Plan? 🚨 Stephen Paul, Managing Director of Valued, explains the importance of regularly reviewing your business plan. Too often, business owners neglect this, leading to cash flow issues and unrealistic growth expectations. Here are his solutions... ▪ Regular Reviews: Make your business plan a living, breathing document. Review and adjust it according to real-time scenarios. ▪ Use Tools Like Fathom: Monitor your progress monthly to ensure you’re on track. ▪ Engage Your Accountant: Discuss your plan with experts and peers to ensure it’s realistic and aligned with your goals. ▪ Weekly Check-ins: Stephen checks Valued’s plan every Friday, providing 52 opportunities a year to stay on track. Can you say the same? Don’t let your business plan gather dust. Keep it alive, accurate, and actionable. Your business deserves it. 🌟 #BusinessPlanning #CashFlow 

🧠 Harnessing backwards planning for smarter goals, forecasting and budgeting. Kate Douglass, Principal at Walker Wayland NSW Sydney, reveals the importance of backwards planning... 1. Realism in Goals: Setting realistic targets is essential to avoid the cycle of discouragement and to keep progressing. 2. Motivation Matters: Start by understanding the core reasons behind your business – is it for profit, passion, or long-term growth? 3. Working backwards: Begin with your ultimate goal and work backwards to set clear, achievable steps. 4. Effective Metrics: With a clear motivation and goal, creating meaningful KPIs and actionable reports becomes straightforward. 💡 Do you use backwards planning? Let us know below. #BusinessPlanning #StrategicPlanning

To offer truly valuable advisory services, it's crucial to understand and address the pain points of your potential clients and demonstrate how to turn these challenges into opportunities. For example: 💸 Surprise Bills: Implement clear, predictable pricing models to avoid unexpected charges. 🔗 Collecting Receipts: Utilize technology to streamline document management and eliminate the hassle of shoeboxes full of receipts. Learn more from Ryan Lazanis, CPA, founder of Future Firm Inc. Download the exclusive playbook, '5 Steps to Scale and Delegate Advisory Services', and discover how to generate interest in your services and win clients. Empower your firm to provide unparalleled service and achieve scalable growth. Get your free playbook now 🔗 https://lnkd.in/eW87Z27V #Advisory

Earlier this June, we launched a powerful new feature: Aged Accounts Receivable and Accounts Payable Reporting! 📈 This feature is essential for staying on top of cash flow, debtors and creditors – keeping you informed and prepared for any scenario. Join Fathom's Rowan Eister & Joshua Guerrero in our latest webinar, ‘Optimizing Cash Flow: Using Fathom to Improve Cash Flow Tracking and Management’, now available on-demand! 💡 In just under an hour, you’ll discover: - The critical impacts of cash flow management on your business - How to uncover new insights with Fathom’s advanced analysis tools - Effective processes for ongoing cash flow management - Best practices for clear communication around cash flow, featuring our new - AR/AP report components Watch the recording here, linked in the comments below. #CashflowReporting #FinancialInsights #BusinessManagement

Check out these key tips from forecasting expert Sadie Channing from Menzies LLP on how to make forecasting your business's financials more manageable and effective.     From understanding your balance sheet to stress testing your forecasts, these tips can help ensure your business stays on track.     #BusinessForecasting #BusinessTips #Cashflow  

Reflecting on an inspiring experience at Scaling New Heights 2024, we are more excited than ever about the future of our industry! 🌟 Check out our latest video wrapping up the event, where industry leaders delve into the latest trends, challenges, and strategies for success. A huge thank you to the brilliant minds who made this possible: Ben Cooper, MBA, Sharon Poppell, CPA, and Jeremy Gross. Your insights are invaluable! 💡 #AdvisorInsights #ScalingNewHeights2024

Creating the right package is key to delivering a great client experience and getting the results client’s need. 🔑 This is the advice of Future Firm Inc. CEO, Ryan Lazanis, CPA, who grew his accounting firm from scratch and sold it five years later to a large multinational firm. “The package is really the solution to it all, for not only systematizing your firm – that's the starting point – but to also provide the very best experience to your client. I think it really comes down to listening and hearing what clients are saying.” Ryan trains other firm owners and leaders to create tiered advisory service packages that are curated by listening carefully to client feedback. Ryan’s experience included evolving his service package from basic compliance services to a comprehensive offering with virtual CFO services and regular financial insights. This included monthly or quarterly client check-ins to spread the value throughout the year and justify the monthly pricing.  ______________   For more insights on Ryan Lazanis’ process and how to structure and delegate your advisory services, watch the full 60 minute interview linked in our comments 🔗

📣 Calling all who are Scaling New Heights in Orlando this week 📣 If you're in the building, come say hi to our friendly team for all your reporting, forecasting, consolidation and benchmarking needs! We'd love to chat about how Fathom can help you 'boldly go' like never before. Our team of James Erving, Sam Russell, Sydney Silver and Carson Corra will see you there!

Team Fathom is here at the DEO: The Dentist Entrepreneur Organization Summit! Come visit James Erving and Sam Russell at stand #61. We're excited to showcase our latest features and answer any questions you have. Join us to see how Fathom can bring confidence and clarity to your management reporting 🚀 #DEOSummit