Item: ScaleFactor
Rating: 9
Author: Verified User

Overall Satisfaction with ScaleFactor

Use Cases and Deployment Scope

Across the whole organization. They function as our out-sourced bookkeeping, tax, and Financial department. It allows us to access talented experts as a fraction of what it would cost us to bring this expertise and work output in-house.

Pros and Cons

Pros

Delivering accurate financials quickly at the close of each month.
Getting small business's organized and set up for success.
Providing infrastructure and support at a fraction of the price of in-house talent.

Cons

Need to make sure they strike a balance between automation and hands on service.

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.

Other Software Used

QuickBooks Online, Abacus, Gusto, Shopify

Likelihood to Recommend

They are great at being an out-sourced solution for small business's that can't afford in house people to handle all of the functions that are needed, in addition to being a financial sounding board for small business's that are learning as they go. For larger organizations, they can slow the need to hire as many full-time people to help with scaling the business and re-direct those resources to other areas.

ScaleFactor Feature Ratings

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