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Spotlight Reporting description
Spotlight Reporting is a cloud-based financial reporting and forecasting software primarily aimed at accounting firms and businesses. It offers tools for creating visual reports, dashboards, budgets, and forecasts. Spotlight Reporting integrates with accounting software to pull financial data and transform it into insightful presentations for stakeholders. It aims to simplify complex financial analysis, improve decision-making, and streamline advisory services with features like multi-currency consolidation and industry-specific templates.
Who is Spotlight Reporting best for
Spotlight Reporting helps accounting firms and businesses visualize their financial data. Users praise its automated reporting, seamless Xero integration, and clear dashboards. However, some find customization options limited and multi-currency consolidation challenging for larger groups. It's best for small to medium businesses, especially those already using Xero.
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Best fit for small to medium businesses (1-1000 employees), but also suitable for larger enterprises.
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Ideal for accounting firms and businesses in finance, particularly those using Xero.
Spotlight Reporting features
| Supported Spotlight Reporting supports building financial forecasts for informed decisions. |
| Supported Spotlight Reporting supports currency conversions and consolidations for multinational financial reporting. |
| Supported Spotlight Reporting offers customizable business dashboards with KPI reporting and integration with various data sources. |
| Supported Spotlight Reporting integrates with QuickBooks to import financial data, including expenses, for reporting and analysis. |
| Supported Spotlight Reporting generates profit and loss statements, balance sheets, and cash flow forecasts. |
| Supported Spotlight Reporting allows consolidating financial statements from multiple entities. |
| Supported Spotlight Reporting consolidates data from multiple companies into a single report. |
Spotlight Reporting reviews
We've summarised 24 Spotlight Reporting reviews (Spotlight Reporting G2 reviews) and summarised the main points below.
- Excellent customer support, onboarding, and engagement experience.
- Automated reporting features save significant time and effort.
- Seamless integration with Xero for importing financial data and budgets.
- Clear, visually appealing reports and dashboards that enhance understanding of financial information.
- Effective consolidation capabilities for multiple entities, especially useful for QuickBooks Online users.
- Limited customization options for reports, such as rearranging columns or adding custom reports.
- Consolidated reporting becomes difficult with larger groups (5+ companies), especially with multi-currency and intercompany eliminations.
- Some forecasting functionalities can be unpredictable and difficult to correct, particularly with tax and payroll calculations.
- Balance sheet reporting options are not as flexible as profit and loss reporting.
- Limited integration with other platforms, notably a lack of Xero Projects integration and CRM systems
Spotlight Reporting pricing
The commentary is based on 2 reviews from Spotlight Reporting G2 reviews.
Spotlight Reporting's pricing model requires an upfront commitment, which can be a hurdle for smaller firms. While some find the initial cost for multiple organizations a downside, the software's robust features, like consolidation and forecasting, deliver significant value for advisory services.
See the Spotlight Reporting pricing page.
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Spotlight Reporting has a free trial.
BASIC
Up to 10 orgs
SUPER VCFO 25
Up to 25 orgs. For getting Advisory services started
SUPER VCFO 75
Up to 75 orgs. For scaling Advisory to grow avenue
Spotlight Reporting alternatives
Reach ReportingBetter fit for media, manufacturing, or retail. Has a client portal and project reporting. Growing faster than Spotlight Reporting.Read more
JiravBetter rated and has more momentum. A strong Jirav alternative for smaller businesses seeking spreadsheet replacement.Read more
XeroBetter for core accounting functions. Broader industry fit. More positive user reviews on G2 and Capterra. Pricing perceived as negative; more costly starter plan.Read more
IRIS CARBON®Better for regulatory compliance reporting, especially for larger, publicly traded enterprises. Stronger focus on integrations with Microsoft Excel and Word. More user-friendly, but some users find error messages unclear. Rated higher by users.Read more
G-AcconG-Accon has stronger website traffic growth momentum. Primarily focuses on connecting financial data to Google Sheets, unlike other reporting tools. Caters to medium-sized businesses more effectively.Read more
SolverBetter fit for users familiar with Excel and seeking automation. Has broader industry applicability, including healthcare, consumer goods, manufacturing, media, and non-profit sectors. Shows stronger growth momentum. Higher ratings on G2.Read more
Spotlight Reporting FAQ
What is Spotlight Reporting and what does Spotlight Reporting do?
Spotlight Reporting is cloud-based software that provides financial reporting and forecasting tools for accounting firms and businesses. It integrates with accounting software like Xero and QuickBooks Online, enabling users to create visual reports, dashboards, and forecasts. This helps simplify financial analysis, improve decision-making, and streamline advisory services.
How does Spotlight Reporting integrate with other tools?
Spotlight Reporting integrates with Xero and QuickBooks for importing financial data. It also offers customizable business dashboards that can integrate with various data sources. However, users note limited integrations beyond these platforms, especially a lack of Xero Projects and CRM integrations.
What the main competitors of Spotlight Reporting?
Key competitors of Spotlight Reporting include Reach Reporting, Jirav, and Solver. These alternatives offer similar features such as financial reporting, forecasting, and dashboarding, often with integrations to popular accounting software. Xero, while primarily accounting software, also provides some overlapping reporting functionalities.
Is Spotlight Reporting legit?
Yes, Spotlight Reporting is a legitimate cloud-based reporting software. It integrates with accounting software like Xero, offering automated reporting, dashboards, and forecasting tools. Users praise its intuitive interface and time-saving features. Spotlight Reporting is safe and appears to be a reliable choice for financial reporting.
How much does Spotlight Reporting cost?
Spotlight Reporting pricing starts at $295/month for the Basic plan (up to 10 organizations). The Super VCFO 25 plan costs $495/month (up to 25 organizations), and the Super VCFO 75 plan is $995/month (up to 75 organizations). A free trial is available.
Is Spotlight Reporting customer service good?
Users consistently praise Spotlight Reporting's customer support as helpful, responsive, and quick. The onboarding process is also highlighted as a positive, ensuring users are well-equipped to utilize the software.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.