Spotlight Reporting Pros and Cons

I was looking for a software to take shareholders meeting the next level and Spotlight has delivered.

Pros

- Time saving, no more Excel spreadsheets to balance.

- Easy to use compared to other software I tired.

- Mapping of P&L accounts enables us to adjust the presentation based on each client needs.

- Variety of choices for columns in order to compare your P&L results. It enables us to have stratgic conversation in montly meetings.

- Automation for monthly comments so we can focus on adding value to our report.

- Possibility to adapt the setting of the reports to our branding or the client’s. Review collected by and hosted on G2.com.

- It would be great to have more mapping option for the balance sheet to enable us to calculate key ratio.

- Many manufacturing clients with Shopify would benefit to have an API and easily derivate common ratios in their respective industry. Have those ratios quickly for companies is a must. Review collected by and hosted on G2.com.

Spotlight reporting is great for consolidation, creating budgets & drivers easily. They also have a great onboarding process to make sure you and your company is well equipped to use the software to its fullest potential. Had a great time talking to Mel and she was very friendly and supportive. Review collected by and hosted on G2.com.

The only downside as an accounting partner is having to pay for 20 organizations upfront as part of their business model. From the perspective of a small firm, it takes time to onboard clients, and I would like this to scale up instead. Review collected by and hosted on G2.com.

Excellent software that provides a management report in the click of a button via a seamless integration with Xero. Really helpful customer success & support teams. Review collected by and hosted on G2.com.

Lack of customisations on reports eg re-arranging columns, adding custom reports that includes both P&L & BS items (eg to show distributable profits). Review collected by and hosted on G2.com.

Quick, customer support, Ease of implementation and integration to Xero budgets to 100% Review collected by and hosted on G2.com.

Could be better in consolidation of accounts in group. But, overall its a great experience Review collected by and hosted on G2.com.

We Have been searching for a solution to consolidate reporting for multiple QBO entities. This was easy to roll out and saves time for our monthly Family Office reporting. After initial setup, it is as easy as hitting a couple of buttons each month. Previously we had been using Excel, which was not ideal. Review collected by and hosted on G2.com.

Took some time to get the P&L and Balance sheet customized for our needs, but overall it wasn't too bad since it is a one-time process. Review collected by and hosted on G2.com.

The fact that you only need to set it up once and the automates your monthly management reports in a professional way is really impressive to clients. The charts and visual aids also really help to translate data into information Review collected by and hosted on G2.com.

It works great for consolidating small group companies but went the group consol becomes large eg more than 5 companies and in multiple countries it really becomes difficult to use. Especially finding the accounts that were not eliminated with the intercompany transaction eliminations. Also you cant to partial eliminations. Review collected by and hosted on G2.com.

Spotlight allowed us to consolidate hundreds of XERO entities into a single point of truth. Ethan was exceptional throughout the sales process and his knowledge of Spotlight has proved invaluable several times post-sale to help our team maximize our teams efficiency using their tool. Review collected by and hosted on G2.com.

Honestly, I don't have any complaints about the tool. Review collected by and hosted on G2.com.

I like how customisable and visual the reports are. Enabling us to provide bespoke reporting. I regularly check competitors and still believe this software is the best on the market. Review collected by and hosted on G2.com.

I wish that the forecasting software was easier to use. I also would like to see more software developments released faster so that we feel we are using truly innovative reporting software. Review collected by and hosted on G2.com.

Spotlight's ability to consolidate several accounts and Xero reports is of great value to our clients. The staff are extremely helpful and receptibe to feedback. Review collected by and hosted on G2.com.

There are some limitations with balance sheet report, with the extremely flexible options associated with the profit and loss not totally translating, but the team has been receptive when we've flagged this and noted a fix is in the works. Review collected by and hosted on G2.com.

no need to download data into Excel and reformat or model Review collected by and hosted on G2.com.

It is not easy to edit certain elements within the actual reports which means I tend to delete them rather than utilise them properly Review collected by and hosted on G2.com.