Budgyt vs. Fathom by The Access Group

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Budgyt
Score 8.6 out of 10
Mid-Size Companies (51-1,000 employees)
Budgyt is a dynamic FP&A platform that simplifies budgeting, forecasting, and reporting. It offers a single source of truth for CFOs and finance teams to integrate financials, streamline processes, and manage multiple departments.N/A
Fathom by The Access Group
Score 9.3 out of 10
N/A
Fathom is a management reporting, forecasting and financial analysis tool from the Access Group. It helps users to assess business performance, monitor trends and identify improvement opportunities. Fathom combines business planning with simple three-way cash flow forecasting.
$44
per month
Pricing
BudgytFathom by The Access Group
Editions & Modules
No answers on this topic
Starter
$44
per month
Silver
$225
per month
Gold
$325
per month
Platinum
$575
per month
Offerings
Pricing Offerings
BudgytFathom by The Access Group
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeRequiredNo setup fee
Additional DetailsContact for pricing quote. Multi-year and non-profit discounts are available.
More Pricing Information
Community Pulse
BudgytFathom by The Access Group
Features
BudgytFathom by The Access Group
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Budgyt
-
Ratings
Fathom by The Access Group
7.8
Ratings
18% below category average
Long-term financial planning00 Ratings7.00 Ratings
Financial budgeting00 Ratings9.00 Ratings
Forecasting00 Ratings6.00 Ratings
Management reporting00 Ratings9.00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Budgyt
-
Ratings
Fathom by The Access Group
8.0
Ratings
2% below category average
KPIs00 Ratings8.00 Ratings
Cost and profitability analysis00 Ratings8.00 Ratings
Key Performance Indicator setting00 Ratings8.00 Ratings
Revenue Forecasting00 Ratings8.00 Ratings
Budgeting Tools
Comparison of Budgeting Tools features of Product A and Product B
Budgyt
-
Ratings
Fathom by The Access Group
6.5
Ratings
26% below category average
Financial Planning Collaboration00 Ratings7.00 Ratings
Budget Customization00 Ratings8.00 Ratings
Departmental Budgeting00 Ratings4.00 Ratings
Import & Export Tools00 Ratings7.00 Ratings
User Ratings
BudgytFathom by The Access Group
Likelihood to Recommend
8.6
(0 ratings)
9.0
(0 ratings)
Likelihood to Renew
9.1
(0 ratings)
-
(0 ratings)
Usability
8.3
(0 ratings)
10.0
(0 ratings)
Support Rating
7.6
(0 ratings)
10.0
(0 ratings)
Implementation Rating
9.1
(0 ratings)
-
(0 ratings)
Product Scalability
8.8
(0 ratings)
-
(0 ratings)
User Testimonials
BudgytFathom by The Access Group
Likelihood to Recommend
Budgyt is great for instant consolidation of a multi-department and multi-entity organization. It has strong hierarchy and roll-ups at various levels. User setup and security is straightforward, with ability to restrict data to only department heads over a project. Excellent capability in salary and benefit calculation, for instance down to each type of state and federal tax, and each type of employee health benefit with individual cost as specific as necessary. Strong export functionality.
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I definitely recommend for Controllers who prepare consolidations internally and for CPA Firms who provide this service for their clients.
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Pros
  • Combining departments (components of an entity or a component of various entity's income statement) or isolating departments (small slivers) of an entity's income statement. We can look at specific departments of specific entities together, with ease.
  • Splicing / flipping reports into countless formats. Helpful for users of the financial statements that digest data/numbers differently than the financial accountants who prepare the numbers.
  • It is relatively easy to import data from our Jonas accounting program into Budgyt.
  • We've had prompt customer service when we've encountered issues and they were readily available during implementation.
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  • Consolidation and Eliminating Entries
  • Easy to use dashboards
  • Customizable Metrics and Targets
  • Customizable Dashboard
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Cons
  • Inside setting up HR forumlas, it should give more than one filter criteria.
  • Application got slow after putting the information of HR module and formuals, need to speed up.
  • Selection of multiple companies with different GLs can be an option where it is lacking.
  • Didn't see the multicurrency feature, can be a good add on.
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  • If you have multiple divisions within the business, reporting/budgeting by division are not as good as induvial reports.
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Likelihood to Renew
Our organization has increased our level of financial reporting and decreased the time it takes to build a budget with the Budgyt platform. Because our budget managers have access, it allows them a higher level of ownership for their areas.
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No answers on this topic
Usability
Incredibly easy to use and intuitive. Design is simple without lacking functionality. Limited learning curve makes it very easy to set up and start using, and with little practice it becomes incredibly easy to perform routine tasks, including monthly update of actual data, running and analyzing reports, as well as building budgets, forecasts, and 'what-if' scenarios
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Great dashboards and very easy to use.
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Support Rating
James the founder always replies to my emails in a timely manner, even if overseas. Has not passed me on to a customer service support team member. Rob was great with the initial demos as explored the product to see if it was what we wanted. Online documentation and videos are very good
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I have not used customer support.
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Implementation Rating
We were fortunate to have the founder lead us through a video conference to teach our users how to use the system. Totally invaluable!
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No answers on this topic
Alternatives Considered
We selected Budgyt over other options because it is exceptionally easy to use, perfectly meeting all our budget management needs. Its user-friendly interface, robust functionality, and cost efficiency enabled seamless multi-department integration. Budgyt delivered the performance and financial insights we required at a fraction of the cost, ensuring maximum value.
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We also used Spotlight reporting before we tried out Fathom and we found Fathom much easier to navigate and Xero integration, consolidation are very strong feature of the product. Spotlight reporting is similar to Fathom however, Fathom is more flexible, there are better visual reports and grafts and we found it easier to customize the reports templates. You can also share the reports with multiple group of people online.
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Scalability
The ability to budget at multiple organizational levels is central to Budgyt's design. These levels can be regions or product lines or departments, which are all easily rolled up to a consolidated organizational view. Reporting back against these levels is also built-in to the system.
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No answers on this topic
Return on Investment
  • time savings: cannot overstate how impactful Budgyt has been relative to our former excel-based, manually-intensive budget process
  • financial insights: Budgyt is an incredible tool for putting financial data at users' fingertips, in formats and with details presented in a way that adds value to non-finance users and enables data-driven operational decision making
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  • it saved us few hours a month to prepare consolidated reports.
  • it made is easy to understand the financials with visuals
  • Integration with Xero also made it much accurate
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ScreenShots

Budgyt Screenshots

Screenshot of the dashboardScreenshot of scenarios (budgets)Screenshot of where to copy dataScreenshot of a data sheetScreenshot of where to manage C2C's (Category to Category Formulas)