Simplifies Taxes as a great Plugin for Xero
February 17, 2022

Simplifies Taxes as a great Plugin for Xero

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with ScaleFactor

I use Scale factor for my own LTD company, I use it as an addon / plugin to Xero. It helps simplify and speed up the whole process from managing invoices to filing VAT and corporation Tax. It connects to all my bank accounts bar Kent reliance for some reason super speeding up importing statements.

Pros

  • Connecting accounts, makes sure statements are always up to date.
  • Bulk transactions automatically matched for accounting purposes
  • helps keep on top of VAT so there isn't the mad panic every quarter

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"
  • Scale factor saved me time as a plugin for Xero
  • Scale factor took out some of the stress of sorting out my VAT
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.

Do you think ScaleFactor delivers good value for the price?

Yes

Are you happy with ScaleFactor's feature set?

Yes

Did ScaleFactor live up to sales and marketing promises?

Yes

Did implementation of ScaleFactor go as expected?

Yes

Would you buy ScaleFactor again?

Yes

Scale factor is super simple to use, that was the whole reason we tried it. To try and simplify Xero and make VAT quarters easier and take less time. It was also handy having the auto feature for lines in and out, matching bulk orders automatically saves a tone of time. However Xero now does this by itself.
Not sure if support is still available.
Scale factor helped my own LTD company though the making tax digital. Not sure it is still available but as an addon to Xero it was greatly helpful.

ScaleFactor Feature Ratings

Accounts payable
Not Rated
Accounts receivable
Not Rated
Cash management
9
Bank reconciliation
9
Expense management
9
Multi-division support
Not Rated
Regulations compliance
9
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Standardized Processes
Not Rated
Inventory tracking
9
Dashboards
10
Standard reports
10
Custom reports
Not Rated
Not Rated
Plug-ins
Not Rated
Single sign-on capability
10

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