The ability to track and manage the flow of goods or materials into and out of an inventory.
ScaleFactor Raised $100 Million In A Year As VCs Chase Small Business Focused Fintechs
The staff goes the extra mile to find answers to customers’ questions and understand their https://www.bookstime.com/ business needs. Furthermore, Scalefactor provides greater visibility and 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.
grow your business with flexible software
Trained at KPMG, Rathmann was frustrated by the small business constraints he faced when it came to managing accounting and financing. Obsessing about how to meld the two became his pastime, leading him to form the company in 2014. Six years later ScaleFactor has more than 1,000 customers and big names Online Accounting in tech investing as backers.
- Tell us what you’re looking for and we’ll offer you personalized software recommendations.
- Trained at KPMG, Rathmann was frustrated by the small business constraints he faced when it came to managing accounting and financing.
- ScaleFactor serves a wide range of businesses, including but not limited to Startups & SMEs.
- Customers have praised the support team for their attentiveness and willingness to educate them about accounting principles.
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- Explore the key differences to see why it’s the top choice for businesses and individuals.
- Six years later ScaleFactor has more than 1,000 customers and big names in tech investing as backers.
- Packed with innovative tools and advanced functionalities, this software offers a range of benefits.
- Furthermore, Scalefactor provides greater visibility and facilitates good communication among teams, making it easier to collaborate on finances.
Despite some glitches in the software, users appreciate the proactive troubleshooting efforts of the staff. This platform is particularly recommended for early-stage startups aiming to grow and scale. However, some users have felt oversold on the product, experiencing poor execution that resulted in wasted hours correcting errors. Users have found Scalefactor easy to use and appreciate how it simplifies tasks such as managing invoices, filing taxes, and importing bank statements. By using this software, small businesses can save on the expense of hiring a full-time accountant while maintaining accurate and up-to-date financial records. Onboarding has been efficient and painless for many users, with new features regularly added to enhance functionality.
ScaleFactor is a comprehensive accounting solution that aims to take the busywork out of managing accurate and consistent books. Compare and evaluate their features, advantages, disadvantages, scalefactor 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.
ScaleFactor vs. Zoho Books
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.
Features
This addresses a company’s ability to configure the software to fit its specific use 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.
