Fathom vs QuickBooks

Overview

Fathom

Stacks14

Followers20

Votes0

QuickBooks

Stacks202

Followers151

Votes0

Fathom vs QuickBooks: What are the differences?

# Introduction
When choosing between Fathom and QuickBooks for your accounting needs, it's important to understand the key differences between the two platforms to make an informed decision. Below are the major distinctions that set Fathom and QuickBooks apart.

1. **Integration**: Fathom is primarily a business intelligence tool that integrates with accounting software like QuickBooks Online, Xero, and MYOB. In comparison, QuickBooks is a comprehensive accounting software solution that allows for managing invoicing, expenses, payroll, and more within the platform without the need for integration with other tools.

2. **Focus on Reporting**: Fathom is known for its advanced reporting capabilities, offering in-depth analysis of financial data through visual dashboards and customizable reports. On the other hand, QuickBooks places more emphasis on day-to-day accounting tasks such as bookkeeping, tax preparation, and payroll processing.

3. **Industry Specificity**: QuickBooks offers industry-specific versions tailored to businesses in fields like retail, professional services, and construction. Fathom, on the other hand, caters more to businesses looking for robust financial analysis tools that can be applied across various industries and sectors.

4. **Collaboration Features**: Fathom provides collaboration features that allow for sharing financial reports with stakeholders and team members, facilitating data-driven decision-making. While QuickBooks does offer collaboration functionalities, its primary focus is on streamlining internal accounting processes rather than external communication and sharing.

5. **Pricing Structure**: Fathom offers a tiered pricing structure based on the number of companies and the level of features required. In contrast, QuickBooks offers various pricing plans depending on the size of the business and the specific accounting needs, with options for self-employed individuals, small businesses, and larger enterprises.

6. **Scalability**: QuickBooks is designed to scale with businesses as they grow, offering more advanced features and capabilities for larger organizations. Fathom, while scalable to an extent, is more focused on providing detailed financial analysis tools that may cater better to mid-sized businesses seeking data-driven insights.

# In Summary, Understanding the differences between Fathom and QuickBooks is crucial in selecting the right accounting solution that best fits your business needs.

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Advice on Fathom, QuickBooks

Dale

Independent Contractor at Self Employed

Jan 4, 2020

Decidedon

Freshbooks

Zapier

I started out as an Independent Contractor just about a month ago and wanted to start on the right foot. I did a bit of searching on Hacker News when I needed an Invoicing Solution. Freshbooks caught my eye initially but I decided to check StackShare for a more cost-effective solution. The Zapier integrations are pretty neat, the templates are cool and I'm looking forward to what else it has in store.

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Detailed Comparison

Fathom	QuickBooks
Fathom is an easy to use management reporting and financial analysis tool, which helps you to assess business performance, monitor trends and identify improvement opportunities.	It is an accounting software package. You can access and manage your books from your computer, laptop, tablet, or smartphone anytime you choose. Create access privileges so that your colleague or accountant can login and work.
Choose from 50+ financial KPIs and track performance against budgets or targets.;Customise and track the non-financial metrics that matter most to your business.;Create beautiful reports and dashboards;Presentation-ready reports;On-the-fly benchmarking	-
Statistics
Stacks 14	Stacks 202
Followers 20	Followers 151
Votes 0	Votes 0
Integrations
Xero	No integrations available

What are some alternatives to Fathom, QuickBooks?

Xero

Inventory, invoicing, time tracking, expenses, and hundreds of other apps all seamlessly integrate with Xero to save your business precious time and money.

Odoo

It is a business management software including CRM, e-commerce, billing, accounting, manufacturing, warehouse, project management, and inventory management.

Wave

It is a free, online software alternative to Quickbooks. Wave helps manage invoices, credit card payments, accounting & payroll. Best for small businesses & freelancers.

FreeAgent

Accounting software for small businesses. It is made specifically for freelancers, small business owners and their accountants.

Sage

It brings together everything you need under one platform to manage your accounting, financials, operations, people & payroll.

Gekko

Gekko is a an online financial administration tool for freelancers, small studios and startups.

Freshbooks

It is simple and intuitive. It makes running your small business easy, fast and secure. Easily send invoices, track time, manage expenses, and get paid online.

Receipt Bank

Effortless bookkeeping automation software that saves accountants, bookkeepers and small businesses time and money. It extracts the key information from your clients' bills, receipts and invoices, removing the need for manual data entry.

Epicor Financial Management

Gain efficiency and insight to transform your finance department into a strategic business partner. It lets you: Access real-time fiscal information from anywhere on any device, Make smarter, faster decisions with robust reporting and analytics and Grow your business globally with deep, country-specific functionality, and multicompany, multibook, and multicurrency support

TaxJar

SmartCalcs by TaxJar enables applications and marketplaces to provide accurate sales tax calculations at checkout.

Related Comparisons

Fathom vs QuickBooks: What are the differences?

# Introduction
When choosing between Fathom and QuickBooks for your accounting needs, it's important to understand the key differences between the two platforms to make an informed decision. Below are the major distinctions that set Fathom and QuickBooks apart.

1. **Integration**: Fathom is primarily a business intelligence tool that integrates with accounting software like QuickBooks Online, Xero, and MYOB. In comparison, QuickBooks is a comprehensive accounting software solution that allows for managing invoicing, expenses, payroll, and more within the platform without the need for integration with other tools.

2. **Focus on Reporting**: Fathom is known for its advanced reporting capabilities, offering in-depth analysis of financial data through visual dashboards and customizable reports. On the other hand, QuickBooks places more emphasis on day-to-day accounting tasks such as bookkeeping, tax preparation, and payroll processing.

3. **Industry Specificity**: QuickBooks offers industry-specific versions tailored to businesses in fields like retail, professional services, and construction. Fathom, on the other hand, caters more to businesses looking for robust financial analysis tools that can be applied across various industries and sectors.

4. **Collaboration Features**: Fathom provides collaboration features that allow for sharing financial reports with stakeholders and team members, facilitating data-driven decision-making. While QuickBooks does offer collaboration functionalities, its primary focus is on streamlining internal accounting processes rather than external communication and sharing.

5. **Pricing Structure**: Fathom offers a tiered pricing structure based on the number of companies and the level of features required. In contrast, QuickBooks offers various pricing plans depending on the size of the business and the specific accounting needs, with options for self-employed individuals, small businesses, and larger enterprises.

6. **Scalability**: QuickBooks is designed to scale with businesses as they grow, offering more advanced features and capabilities for larger organizations. Fathom, while scalable to an extent, is more focused on providing detailed financial analysis tools that may cater better to mid-sized businesses seeking data-driven insights.

# In Summary, Understanding the differences between Fathom and QuickBooks is crucial in selecting the right accounting solution that best fits your business needs.

Fathom vs QuickBooks

Overview

Fathom vs QuickBooks: What are the differences?

Share your Stack

Advice on Fathom, QuickBooks

Detailed Comparison

What are some alternatives to Fathom, QuickBooks?

Xero

Odoo

Wave

FreeAgent

Sage

Gekko

Freshbooks

Receipt Bank

Epicor Financial Management

TaxJar

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Fathom vs QuickBooks

Overview

Fathom vs QuickBooks: What are the differences?

Share your Stack

Advice on Fathom, QuickBooks

Detailed Comparison

What are some alternatives to Fathom, QuickBooks?

Xero

Odoo

Wave

FreeAgent

Sage

Gekko

Freshbooks

Receipt Bank

Epicor Financial Management

TaxJar

Related Comparisons

HipChat vs Mattermost vs Slack

Email on Acid vs Litmus

InVision vs Marvel vs Proto.io

Microsoft Teams vs Webex

Mattermost vs RocketChat vs Slack