ScaleFactor is an accounting software that enables users to manage their finance and business processes like bookkeeping, invoicing, and payroll. It integrates well with other top business software like Xero, QuickBooks, Salesforce, and more. In this article, we cover user reviews and pricing. Ready to get started with ScaleFactor? Request a demo.
What ScaleFactor Does Well
Users who gave ScaleFactor a positive review like that the software functions automatically, like the real-time tracking of financial transactions. A lot of users also like that it provides daily reconciliations. They also cited excellent customer service.
One user who gave ScaleFactor a positive review on G2 Crowd said that aside from bookkeeping, the software automates all of their financial transactions and allows them to track these in real time. He also mentioned that the app’s finance and accounting automation technology gives their team freedom to focus on growing their business. He added that its support team is very responsive and is doing everything to help his team meet their business goals.
What ScaleFactor Does Not Do Well
As of the date this article was written (11/17/18), there are very few negative ScaleFactor user reviews online. Some of them said though that the bill pay is slow, checks take too many days before to be delivered, and that the captcha sign sometimes fails.
ScaleFactor has three paid subscription options: Get Started ($299/month), Growing Business ($599/month), and Scaling Business ($999/month). All plans are billed annually. The main differences between the plans are the number of connected financial accounts, access to tax filing and forecasting, project costing, and more.
*The plans are paid in full at the start of the billing cycle.
Ready to get started with ScaleFactor? Request a demo.
Top Accounting Software Pick from Fit Small Business
10 Best Accounting Software Options for Small Businesses 2019— The best accounting software for small businesses should be affordable, easy to use, and allow you to easily track income and expenses. In this guide, we look at over two dozen products and narrowed it down to our top 10. Read on to see which one best meets your business needs.
Check out the list below of some of ScaleFactor’s features:
- Instant Expense Categorization
- Easy-To-Use Dashboard
- Smart Bill Pay
- Automatic Reminders
- Manage Tax Requirements
- Trusted Partnership Network
- Clear Visual Insights
- Compare Budget To Actual
Do users need to link their bank accounts with the ScaleFactor platform?
Yes. ScaleFactor uses the bank login information to get the user’s accounting data. However, they will not be able to view or store the user’s login information.
What security measure does ScaleFactor implement to keep users’ financial data safe?
ScaleFactor uses a 128-bit SSL encryption and implements physical security standards so users can be confident that their financial information is always safe and secured.
Here is a list of some of ScaleFactor’s popular integrations:
Disclaimer: The following information was provided by ScaleFactor and does not necessarily reflect the views of FitSmallBusiness.com.
What is ScaleFactor?
ScaleFactor is the smart finance and accounting software that is changing the way modern businesses operate. By automating complex bookkeeping tasks and translating financial information into usable business insights, we are enabling business owners, managers, and entrepreneurs to focus on what they love: running and growing their business.
In 2013, ScaleFactor founder and CEO Kurt Rathmann was determined to find a solution for the accounting problems he was facing as a CFO. He was on a quest to automate the painful, time consuming accounting tasks he and his team were forced to complete manually. In 2014, ScaleFactor was started at his living room table.
Today, ScaleFactor’s intuitive software automates accounting, tax, and finance tasks to save business owners time and money. ScaleFactor’s team of finance, software development, marketing, and sales professionals share a common goal: to empower business owners to make the best strategic and financial decisions.
ScaleFactor News & Activity
- ScaleFactor Launches Android App for Real-Time Accounting and Financial Transparency
- ScaleFactor Hires New Senior VP of Lending
- ScaleFactor Hires New Senior VP of Marketing
- ScaleFactor Appoints Francis Sullivan as Chief Technology Officer
- ScaleFactor Closes $30M Series B Funding Round to Power Small Businesses, Accelerate Back Office Automation via Business OS
- State of the Cloud 2019: Bessemer Predicts ScaleFactor Will Be An Instrumental Player in Automation
- Austin’s Best Places to Work, 2017 and 2018 – Austin Business Journal
- Austin’s Coolest Companies 2018 – Austin Inno
- Best Bookkeepers in Austin, 2017, 2018, 2019 – Expertise
- 50 Austin Startups to Watch Report 2017 – Built In Austin
ScaleFactor Customer Service
ScaleFactor’s software turns accounting into a simple to-do list. Backed by a support team of CPAs and tech experts, ScaleFactor helps customers stay compliant and keep their books up-to-date. Plus, our financial chatbot Marge is available 24/7 to answer your most pressing financial questions.
What makes ScaleFactor stand out from the competition?
ScaleFactor is the only back office provider creating a holistic business OS that allows users to manage all of their business financials in one place. Unlike your local bookkeeper or accountant, our smart software gives users access to real-time financial information any time. With clean books, detailed insights, and the ability to see cash projections up to 6 months out, ScaleFactor gives owners, executives, and controllers more visibility into their business.