This addresses a company’s ability to configure the software to fit its specific use income statement case and workflow. Has more features than our small company needs, which means it a little expensive for us. ScaleFactor, the accounting fintech serving the small and medium-sized business market, raised $60 million in venture funding, in its third fundraising round in about a year. Tell us what you’re looking for and we’ll offer you personalized software recommendations.
What types of businesses does ScaleFactor serve?
Evaluate their features, pricing, and user feedback to find the perfect fit for your needs. Here are the powerful features that make ScaleFactor stand out from the competition. Packed with innovative tools and advanced functionalities, this software offers a range of benefits. Aiming to level the playing field, ScaleFactor and it’s backers say it’s giving small and medium-sized businesses digital tools and insight typically reserved for large enterprises. The ScaleFactor Visa Card announcement comes on the heels of the company’s recent $60 million in series C funding, taking their funding amount to $100 million raised over the past 12 months. Automate 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.
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ScaleFactor is a comprehensive accounting solution that aims to take the busywork out of https://www.bookstime.com/articles/certified-bookkeeper managing accurate and consistent books. Compare and evaluate their features, advantages, disadvantages, and other aspects to find the best option for your business. ScaleFactor serves a wide range of businesses, including but not limited to Startups & SMEs.
General Ledger and Configurable Accounting
ScaleFactor is the smart finance software that is changing the way modern businesses operate. Our powerful software integrates your existing system, your banking and credit card accounts, HR system, and even your contractors and vendors to automate your monthly bookkeeping, freeing you up to grow your business. As part of the investment, Coatue gets a seat on the board, giving ScaleFactor access to a hedge fund that invested in Uber, Lending Club, Reddit, and Lyft in addition to Square and Shopify. “The proliferation of data is making platforms like ScaleFactor increasingly useful,” for small and medium-sized businesses that are looking for actionable insight in real-time, said Laffont. One of the standout features of Scalefactor is its responsive and helpful customer service. Customers have praised the support team for their attentiveness and willingness to educate them about accounting principles.
- We’re always on and always up to date, so you always know exactly where your business stands.
- Compare and evaluate their features, advantages, disadvantages, and other aspects to find the best option for your business.
- As part of the investment, Coatue gets a seat on the board, giving ScaleFactor access to a hedge fund that invested in Uber, Lending Club, Reddit, and Lyft in addition to Square and Shopify.
- The staff goes the extra mile to find answers to customers’ questions and understand their business needs.
- Glean Analytics leverages untapped invoice data to surface relevant context, actionable insights, and savings recommendations.
ScaleFactor Comparisons
The staff goes the extra mile to find answers to customers’ questions and understand their business needs. Furthermore, Scalefactor provides greater visibility and scalefactor facilitates good communication among teams, making it easier to collaborate on finances. ScaleFactor founder and chief executive Kurt Rathmann started the company from his living room after working as the CFO for a small business.
- Onboarding has been efficient and painless for many users, with new features regularly added to enhance functionality.
- Customers have praised the support team for their attentiveness and willingness to educate them about accounting principles.
- Tell us what you’re looking for and we’ll offer you personalized software recommendations.
- To get the most accurate and up-to-date costs, we advise reaching out to the vendor.
- ScaleFactor is the essential business OS, offering the most comprehensive view of your business finances.
- Trained at KPMG, Rathmann was frustrated by the small business constraints he faced when it came to managing accounting and financing.
