ScaleFactors Core Accounting software starts at $399 per month for their subscription-based pricing. This plan includes essential features https://www.bookstime.com/articles/how-to-calculate-burn-rate-for-your-business like bookkeeping, bill pay, financial reporting, and dedicated accounting support. For businesses with more complex needs, custom pricing is available.

Accounting & Finance Software products Price Range

In comparison, Xero offers pricing plans starting from $20 per month for the Early plan, which includes basic features like invoicing and bank reconciliation. As the plans scale up to include more users and features, the cost can go up to $60 per month for the Established plan, which includes multi-currency support and expenses management. ScaleFactor offers subscription-based pricing starting from $399 per month for their Core Accounting software. This plan includes features like bookkeeping, bill pay, financial reporting, and dedicated accounting support.

Key Features of ScaleFactor

• Users have found Scalefactor easy to use and appreciate how it simplifies tasks such as managing invoices, filing taxes, and importing bank statements.
• Customization costs for ScaleFactor and Xero can vary significantly based on the level of customization required.
• By using this software, small businesses can save on the expense of hiring a full-time accountant while maintaining accurate and up-to-date financial records.
• ScaleFactor and Xero both have implementation processes that can be tailored to the business size and needs, with costs varying accordingly.
• An SMB size company should expect to pay between $0 and more than $4 for a base subscription of Accounting & Finance software.
• The software is priced at $299 per month for 1 user, with additional users incurring a cost of $30 per user per month.

The ability to track and manage the flow of goods or materials into and out of an inventory. Tell us what you’re looking for and we’ll offer you personalized software recommendations. Automate scalefactor repetitive tasks and keep your general ledgers, cash flows and tax calculations up-to-date, so there are no gaps and the latest reports are always available to view.

• This platform is particularly recommended for early-stage startups aiming to grow and scale.
• We don’t just show you the numbers; we help you understand what they mean for your business.
• Receive alerts and notifications when you’re away, so you don’t miss out on any crucial updates.
• The pricing information for ScaleFactor is sourced either directly from the software provider or publicly available materials.
• The Growth plan offers more features at a higher price point, catering to businesses that are expanding and need more advanced accounting capabilities.

ScaleFactor Pricing-Related Quotes

Scalefactor also caters to the needs of businesses by providing advanced accounting knowledge and integrating with various platforms. Scalefactor is a valuable tool for small businesses looking to streamline their accounting processes. Users have found that the software allows CFOs to focus on financial goals rather than getting caught up in daily data entries. Despite some glitches in the software, users appreciate the proactive troubleshooting efforts of the staff. This platform is particularly recommended for early-stage startups aiming to grow and scale. With Scalefactor, they can maintain clean books and gain peace of mind.

Customization costs for ScaleFactor are optional and can vary significantly depending on the level of customization required. QuickBooks Online also offers some level of customization, with costs typically ranging from $500 to $5,000 for small to medium-sized trial balance businesses. QuickBooks Online is a SaaS version of the QuickBooks product. Higher-priced plans include greater automation, payment management, inventory and time tracking, and analytics features. Customization costs for ScaleFactor and Xero can vary significantly based on the level of customization required.

• In short, ScaleFactor is your go-to tool for taking the guesswork out of managing your business finances.
• When it comes to implementation costs, the complexity of the process largely depends on the size and needs of the business.
• Can’t sync with my bank accounts so they constantly requested me to manually upload statements, event after they had “fixed” the problem.
• Explore alternative software options that can fulfill similar requirements as ScaleFactor.
• Training employees to use the new software can be a significant cost, especially if the software is complex or requires specialized knowledge.

Community Insights

This product has been provided to our company recently and no cons have been found. We’re saddened to hear your experience with our software and team was not what we had promised. Customer happiness is our number one priority, so please know we take your concerns you listed very seriously. Thank you again for the feedback and we appreciate your business. You have to request a financial statement at the end of the month and it may take days to get it. Every other platform prepares it and lets you know if they need anything to get it done, and it is usually there in a short period of time without having to ask for it.