OnPlan vs. Fathom by The Access Group

OnPlan is well suited for finance teams looking to maintain control of their corporate/financial models. Every model can be exported to Excel. In particular, for early-stage to mid-stage companies, OnPlan provides a powerful and inexpensive solution that allows for automation and customization. Another strong argument for OnPlan is their experienced CSM/IM team that helps to build the first model and acts as a sounding board with insights to improve the models. OnPlan might be less powerful for large organizations operating across multiple divisions, countries, and entities as this requires sophisticated consolidation processes and standardization, which might be difficult to maintain with OnPlan. Implementations depending on complexity can take longer due to the customization options and plethora of options to make models more accurate.

Incentivized

Report could be used in any industry but when it comes to functionality, it is more suitable businesses where there are not many division. I found it hard for Fathom to extract Xero tracking data and to represent it in the financials. If you would like to consolidate the financials, I also find it easy to do it via Fathom

Incentivized

• Integration with QBO and SFDC
• Integration with Google sheets and presentations
• User friendly and polished UE
• Easy Excel like syntax for modelling
• Flexibility to create custom formulas
• User roles and permissions
• Handling of fiscal year vs. calendar as well as switching between monthly/quarterly views

Incentivized

• Consolidation and Eliminating Entries
• Easy to use dashboards
• Customizable Metrics and Targets
• Customizable Dashboard

Incentivized

• Chart library or templates to quickly create polished Google charts
• More collaboration features for comments and questions to team members

Incentivized

• If you have multiple divisions within the business, reporting/budgeting by division are not as good as induvial reports.

Incentivized

Great dashboards and very easy to use.

Incentivized

I have not used customer support.

Incentivized

OnPlan provided the best tradeoff for customization, integrations, affordability, user controls, and maintenance/control of the financial model.

Incentivized

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.

Incentivized

• More cost control
• More accurate forecasts / reducing of forecasting errors
• More accurate accounting close / detection of erroneous GL entries
• Time savings to update financial model / forecasts
• Time savings to create BvA reports

Incentivized

• 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

Incentivized