Likelihood to Recommend 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.
Read full review This would work well for the back side of accounting...meaning after the invoice was created. If you need software to create invoices, this may not be the software for you (or at least you would have to do additional research on its capability). Other than that, it takes care of the majority of our needs.
Read full review Pros 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 Presenting data clearly. Read full review It is easy to move around in if set up properly. You can changes background colors to your choice. It is customizable (you can create home pages specific to the user). Read full review Cons 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" Read full review There is a lot of "building" when first starting up with the software. Some of the data you cannot pull unless you have sequel knowledge, although capabilities are getting better. There is not a good operating statement report option. Read full review Usability 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.
Read full review Support Rating Not sure if support is still available.
Read full review Alternatives Considered 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.
Read full review Unit4 Financials is definitely much more robust than Peachtree or other software. I've also used SAP in the past and this seems to have many more capabilities.
Read full review Return on Investment 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. Read full review Because of the lack of operating statement reports, we've had to spend additional funds to use another system. It does show data in real time, so no waiting for batches to update overnight. You can do a lot of customizing to meet your own needs. Read full review ScreenShots