Latitude Collections software, developed by Latitude Software, was acquired by Genesys in 2016 and sold as Latitude by Genesys. It was a standalone product for accounts receivables challenges: delinquency or negligence through charge-off and debt sale. It is a legacy application.
$75
per month
ScaleFactor
Score9.5 out of 10
Small Businesses (1-50 employees)
Austin-based ScaleFactor provides their small business accounting automation platform designed to combine software and expert assistance to SMBs and remove concern for financial, tax and accounting challenges.
N/A
Pricing
Latitude Collections (legacy)
ScaleFactor
Editions & Modules
Genesys Cloud CX 1
$75
per month
Genesys Cloud CX 2 Digital
$90
per month
Genesys Cloud CX 2 Digital + Voice
$110
per month
Genesys Cloud CX 3 Digital + WEM
$130
per month
Genesys Cloud CX 3 Digital + WEM + Voice
$150
per month
No answers on this topic
Offerings
Pricing Offerings
Latitude Collections (legacy)
ScaleFactor
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
Yes
No
Entry-level Setup Fee
Optional
No setup fee
Additional Details
Prices listed are per named user, billed annually. Usage-based pricing may apply.
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More Pricing Information
Features
Latitude Collections (legacy)
ScaleFactor
Security
Comparison of Security features of Latitude Collections (legacy) and ScaleFactor
Feature
Latitude Collections (legacy)
-
Ratings
ScaleFactor
9.5
4 Ratings
15% above category average
Single sign-on capability
00 Ratings
9.54 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Latitude Collections (legacy) and ScaleFactor
Feature
Latitude Collections (legacy)
-
Ratings
ScaleFactor
9.6
5 Ratings
20% above category average
Dashboards
00 Ratings
9.55 Ratings
Standard reports
00 Ratings
9.54 Ratings
Custom reports
00 Ratings
10.02 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Latitude Collections (legacy) and ScaleFactor
Feature
Latitude Collections (legacy)
-
Ratings
ScaleFactor
9.5
5 Ratings
22% above category average
Accounts payable
00 Ratings
10.04 Ratings
Accounts receivable
00 Ratings
9.02 Ratings
Cash management
00 Ratings
9.03 Ratings
Bank reconciliation
00 Ratings
9.55 Ratings
Expense management
00 Ratings
9.55 Ratings
Multi-division support
00 Ratings
9.04 Ratings
Regulations compliance
00 Ratings
9.54 Ratings
Electronic tax filing
00 Ratings
10.03 Ratings
Self-service portal
00 Ratings
9.04 Ratings
Standardized Processes
00 Ratings
10.03 Ratings
Inventory Management
Comparison of Inventory Management features of Latitude Collections (legacy) and ScaleFactor
Feature
Latitude Collections (legacy)
-
Ratings
ScaleFactor
9.0
4 Ratings
21% above category average
Inventory tracking
00 Ratings
9.04 Ratings
Customization
Comparison of Customization features of Latitude Collections (legacy) and ScaleFactor
As a consulting company specializing in the support of Latitude by Genesys customers, I have first hand experience seeing all of the benefits to my customers of this platform. The ease of powerful interfaces, highly organized GUI based workflows, simple import/export automation as well as a host of integrated vendors makes this the platform of choice for me and my company. Prior to starting my consulting company I was an end user of Latitude by Genesys for 3 years and had the distinct opportunity to work with a top notch implementation team.
I work with several businesses and have attempted to bring ScaleFactor into multiple. Thus far the business status/environment has been suitable for ScaleFactor only once, but I'll continue to look for more. ScaleFactor is great when a company has matured beyond the owner making all accounting and banking entries. As soon as multiple systems are needed, it's likely a decent time to call ScaleFactor. I'm confident my operations could run through ScaleFactor for a long time as the next step for us would be something akin to NetSuite or some other more rigid enterprise solution. Additionally, our business has a geographically displaced work force, typically working from home. Having access to all systems via the cloud has been great. No longer do we have to pass a specific computer back and forth for a physical computer software license. It's enabled maximum work flow convenience.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
ScaleFactor has been a great resource for me as I got my business off the ground. They have allowed me to focus on marketing and strategy while they handle my Quickbooks and other accounting needs. Great accounting and finance solutions that don't require you to hire an in-house staff
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Could connect with All saving accounts i.e. Building society saving aswell as major banks.
When a connected bank or savings account hasn't been used for a month or 2 it could show a 0 transaction to keep it updated rather then saying "last updated 3 months ago"
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
ScaleFactor has been a great resource for me as I got my business off the ground. They have allowed me to focus on marketing and strategy while they handle my Quickbooks and other accounting needs. Great accounting and finance solutions that don't require you to hire an in-house staff.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
They have an excellent support team. It was more helpful if they were available by phone, but your ticket system support works good. The Logmein123 is an outstanding tool that helps us a lot when we need support.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Base on cost of initial investment, ongoing support and efficient development capabilities (i.e. import/export interfaces, workflows, etc.) this platform is leaps and bounds ahead of all the other major platforms I have worked with. Some of the others I worked with for as many as 12 years before experiencing the power of Latitude.
Scale factor, can be used like Xero I believe. However all my past data was already stored in Xero so I used it as an add on. It is a lot more user friendly and helpful, i.e. you don't need to be an accountant to use it. However I am not sure it is useable anymore or supported, so i have gone back to using Xero alone.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
They have been fundamental in helping us grow and scale at a relatively low cost in comparison to out-sourcing these functions. We can spend more on other items that can fuel growth while knowing the back end is taken care of.
They provide automated supports for key areas like payroll, expenses, etc so that we can quickly get back to focusing on the other items.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info