Home/ Accounting Software/ ScaleFactor/ Reviews
Updated on: February 12, 2025
Accounting and financial software to power your business
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Scale Factor abolished all work with accounting. He has automated the management of all financial operations of our company and now provides the ability to track them in real time and provides reports at the end of each month on profits and embezzlements.
This product has been provided to our company recently and no cons have been found. However, it has a high price.
We manage the company's finances and create reports on financial movements.
ScaleFactor helped us automate all our financial transactions and the ability to track in real time. After all bookkeeping has been processed, accurate profit and loss reports are provided each month.
We used this software a little bit and during this period of time we were not able to identify for us the minuses, except for the price, i think it is a bit high.
If such a price does not scare you afford, then I think it is worth a try.
We used this software to handle accounting.
The majority of our money and bookkeeping work is dealt with by ScaleFactor's innovation and group. Unmistakably something other than accounting, ScaleFactor computerizes the majority of our money related exchanges and gives us a perspective on how we are following progressively. Our little group is allowed to concentrate on developing our business, realizing that the money related house in all together gratitude to ScaleFactor. SF presents to us the tech and group of an a lot bigger association. The general population who chip away at our record are responsive and take the necessary steps to meet our objectives.
There is next to no to loathe about ScaleFactor. Periodically, there is an element that is missing or not yet total, however criticism is immediately consolidated into their tech guide and conveyed quite promptly. The captcha sign in experience some of the time comes up short - something captcha is famous for.
Give them a shot and realize that they comprehend what they are doing. They've fabricated their group by drawing in and procuring individuals who aren't just specialists in their field for example bookkeeping yet in addition they have a heartbeat on what's happening in some random industry which can prompt extraordinary guidance for your business.
ScaleFactor handles all bookkeeping work for us: appointments/diary passages, fiscal reports, guaging and detailing. Everything from finance and advantages, costs and income are mechanized and united in one spot. SF's CPA staff audits and alters appointments to guarantee our financials are exact. I've recovered 12-15 hours out of each month that can be put resources into our clients and income development.
All of our finance and accounting work is taken care of by ScaleFactor's technology and team. Far more than just bookkeeping, ScaleFactor automates all of our financial transactions and gives us a view of how we are tracking in real time. Our small team is free to focus on growing our business, knowing that the financial house in in order thanks to ScaleFactor. SF brings us the tech and team of a much larger organization. The people who work on our account are responsive and do whatever it takes to meet our goals.
There is very little to dislike about ScaleFactor. Occasionally, there is a feature that is missing or not yet complete, but feedback is quickly incorporated into their tech roadmap and delivered in short order. The captcha sign in experience sometimes fails - something captcha is notorious for.
ScaleFactor handles all accounting work for us: bookings/journal entries, financial statements, forecasting and reporting. Everything from payroll & benefits, expenses and revenue are automated and brought together in one place. SF's CPA staff reviews and adjusts bookings to ensure our financials are accurate. I've reclaimed 12-15 hours per month that can be invested in our customers and revenue growth.
My company has only been around for a year so I have had to wear just about every hat under the sun. Because of that my fear has always been not having enough time to focus on every aspect of the business. Since working with ScaleFactor I have been able to focus on other areas of my business such as growth and know that the most important aspect of our business (finances) are not only being attended to but with my input being front of mind. The constant upgrades to the website and user portal has changed the way we will look at forecasting and bill pay from here on out. The team does an incredible job of not only keeping me up to date with the latest features, but they also do an amazing job of explaining the new features and never offer something that doesn't directly pertain to my business.
This is only because I have to answer because I truly don't dislike anything about ScaleFactor. That said, if I had to mention something then I would say the iOS app is the one thing that is lagging behind the rest. I also say that knowing good and well it's still in the early stages and the progress they've made since rolling it out have addressed every issue I've had thus far so I am more than willing to be patient with the app. It's going to be be an incredible addition to the platform as a whole.
Give them a chance and know that they understand what they are doing. They've built their team by attracting and hiring people who aren't only experts in their field i.e. accounting but also they have a pulse on what's going on in any given industry which can lead to incredible advice for your business.
The new cash vision feature is really going to change the game for my company. For months I've been wanting to find a product or create a true forecasting process to give us true projections based off of the current and future business we expect to bring in. This is tough for a company who's only been in business for about a year and I had brought that up with ScaleFactor and how cool it would be to be able to generate projections for all sorts of different scenarios and sure enough it's here. The benefits thus far have been invaluable. I am now able to get a good idea of how many employees we can add to the team over the next year as well as factor in us moving into a new office space as well. Not to say this could not have been done without the cash vision feature, but with the cash vision feature I know it can be done the way in which I want it to be and with a team reviewing and confirming all of our data.
The communication from the Scalefactor team has been a real stand-out. Great dashboard and easy to use and understand. As CEO, it gives me quick access to the most relevant financial info. My CFO is in the app even more than me and is a big fan. Also, the fact that it is a tool and an "accounting service" together is quite valuable.
It would be good if we could enter vendor ACH information vs having the vendor do it. This would help speed up the bill pay transition we went through. Also, the bill pay is slow. Takes too many days for checks to be delivered.
Try out the service and product. I think you will be pleased. The team we had made all the difference in the world.
Accounting, payroll, AR/AP, pretty much the entire back office. Efficiencies and time savings. One stop shop for accounting and the TEAM there is really great. Kudos to them for hand holding us at each step.
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