ScaleFactor vs Accounting Seed

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Our analysts compared ScaleFactor vs Accounting Seed based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.

ScaleFactor Software Tool

Product Basics

ScaleFactor provides an intuitive module that runs accounting, tax and finance tasks to provide accurate data to businesses and make strategic decisions. Accounting and finance solve how modern companies operate by automating complex accounting tasks and converting financial information into valuable data. It allows capturing expense details and categorizing them. It tracks regular cash flow and keeps a tab on the patterns to identify any abnormalities and notifies the accountants of the same. It seamlessly integrates and syncs information across applications in real time and keeps a tab on the entry to avoid any duplication.
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Accounting Seed streamlines financial processes for mid-sized to enterprise businesses, particularly those in professional services, non-profits, and project-based industries. Built on the Salesforce platform, it leverages CRM integration and robust customization options to cater to specific needs. Key benefits include automated workflows, multi-currency support, and real-time financial reporting. Popular features range from billing and revenue recognition to inventory management and project accounting. User reviews praise its intuitive interface, scalability, and reporting capabilities. Pricing follows a tiered subscription model based on user count and desired functionality. While considered a premium solution, its feature set and integration capabilities often outweigh the cost for businesses seeking a comprehensive financial management system.

Pros
  • Easy to use interface
  • Robust reporting features
  • Seamless Salesforce integration
  • Customizable dashboards
  • Strong customer support
Cons
  • Limited customization options
  • Occasional bugs or glitches
  • Steeper learning curve for some features
  • Can be slow at times
  • No mobile app
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$399 Monthly
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Tailored to your specific needs
$750 Monthly
Get a free price quote
Tailored to your specific needs
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Product Assistance

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Product Insights

  • Tax Season Ready: Avoid mismatched transactions and forgotten expenses with books updated in real time. Keep the businesses ready for the tax season. 
  • Better Accuracy: Ensure all data is accurate and the bookkeeping process gets done in a secure and reliable manner with the help of certified accounting experts. 
  • Comprehensive Management: Manage back-office operations like reviewing the team’s expenses, paying bills and double-checking payrolls to ensure everything runs smoothly. 
  • Live Dashboard: Access information that the business needs regarding bookkeeping, be it classifying transactions, updating a general ledger or seeing mobile alerts and notifications via a live dashboard. 
  • Reports: Recognize revenue and account transactions accurately. Use data to help make the right decisions for profit and loss statements, journal entries and balance sheets. 
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  • Better SalesForce Integration: Integrate with SalesForce CRM and use the SalesForce Product Object. Use it as a standalone product if the system is hooked to the complete platform. 
  • Improved Invoicing: Make use of multiple invoice formats with built-in approvals. Set up recurring bills for improved security and compliance and to minimize the possibility of errors. 
  • User-friendly Reporting: Create user-friendly or fully formatted financial reports using SalesForce. Easily track the company’s performance regularly with custom reports. 
  • Time Tracking and Expenses: Manage accounting with built-in time cards. Track and report on expenses using the app. 
  • Better Accessibility: Access and conduct business from anywhere in the world with the mobile app. 
  • Eliminate repetitive tasks: Automate repetitive tasks and personalize the system using point-and-click automation. Leverage the feature to personalize with codes if the automation doesn't work for certain use cases. 
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  • Seamless Integration: Integrates with QuickBooks Online and Xero to significantly reduce the time spent on accounting. Give the business time to spend on tasks that matter by eliminating financial bottlenecks. 
  • Virtual Bookkeeping Software: Categorize transactions across the account that are awaiting review or approval. Send them to the designated recipient so the business is up to date with the accounting tasks. 
  • Dashboard: Help the company understand where the money is coming from and where it’s going with an easy-to-navigate dashboard. Give a quick overview of the business’s financial health to devise effective strategies to steer ahead. 
  • Payroll: Leverage Gusto, a full-service payroll processor that runs operations on the same page where the books get managed. Set multiple pay schedules and add all types of employees. Adjust payroll where needed. 
  • Bill Payment: Simplify paying the bills. Forgo entering all details in the payment system. Powered by bill.com, it efficiently manages all payments from the same place where the book gets processed. 
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  • Billing: Create an invoice, start a project or make a recurring billing plan without tedious integration. Customize recurring billing to business requirements. Configure and personalize the system for simple, smarter billing and payment management. 
    • Bookkeeping: Make sure that the business has relevant tax data and error-free and consistent bookkeeping with Avalara. Ensure seamless high-level security transactions without any fee structure with Stripe. Manage billing at the contract level by monitoring past, present and future activity. Make billing simpler with automatic subscription renewals. 
  • Accounts Receivable: Bridge the gap between invoices and payment cycle for a productive cash flow. Automate collection notices and monitor customer activities, aging balances in real-time with configurable dashboards and reports. 
    • Single-View Visibility: Maintain visibility of the project lifecycle and manage customer communication with custom processes. Compile accounts receivable data from any date or time and gain real-time visibility. Get a single view of billing quotes and incoming sales orders. Eliminate the need for repetitive billing work and get paid faster. 
  • Revenue Recognition: Free up the finance department’s time with a CRM-integrated customizable revenue management system. Enhance financial accuracy and make well-informed decisions by recognizing patterns, establishing connections and classifying financial data. 
    • Customizable Accounts Receivable: Customize accounts receivable for revenue recognition based on policies and procedures to ensure an efficient process. Streamline business workflow by automating revenue recognition. Minimize dependency on multiple IT resources with custom configuration. Record and edit contracts natively without the need of any additional integration software. 
  • Recurring Payments: Eliminate repetitive manual calculation with usage-based billing and built-in tiered payments. Customize the solution according to the business model. Make single or batch billing records from single or multiple sales opportunities. Create invoices from sales orders at any stage of completion with a click. Use time cards or expense reports to create bills. 
  • Paying Vendors: Customize the purchasing process and link a purchase order with a manufacturing or construction order as the business demands. Analyze stock level and purchase inventory without the hassle of integration points. Make transactions easier with the connectivity to over 14,500 banks and credit card companies. 
  • General Ledger: Gain complete control of charts of accounts set up with the analytical and intuitive financial management software. Manage user configuration without coding or customization and automate back-office operations with ease. 
  • Multi-Currency: Pay foreign vendors and receive payments in any currency. Keep track of the gain and losses based on fluctuations in the exchange rates with the standard pronouncements. Save time and money by automating conversions for transactions. Create compliant reports in multiple currencies. Minimize the possibility of errors with automated financial consolidation tools. 
  • Multi-Company: Manage budget for multiple companies in a single database. Share sales quotes and opportunities, vendors, charts of accounts, projects and accounting periods between different entities. Get real-time insights by switching between companies and local account views. Boost visibility and control with flexible, multi-company reports. 
  • Bank Reconciliation: Clear bank transactions and make quick reconciliations with minimal data entry using Bank Direct Connect. Ensure correct and up-to-date information by tracking changes with the audit trail function. 
    • Statement Management: Get statements from any bank and reconcile checking, savings and credit card accounts. Efficiently manage bank errors, keep an eye for frauds and maintain accurate cash flow. 
  • Sales Order Management: Save time and money with a streamlined sales order process. Make a sales order from the inventory in the CRM. Reserve products for a particular customer’s orders by designating the items. Capture packaging and shipping details from a single interface. 
    • Purchase Orders: Generate purchase orders directly from sales. Monitor and manage warehouse and inventory directly into one integrated system. Build a customized solution with kitting, serialized and non-serialized inventory, historical inventory balance reporting, multi-warehouse and multi-location environments. 
  • Project Accounting: Consolidate general ledger and project accounting into one system. Eliminate confusion and wasted time with an integrated general ledger and connected project system. Manage resources and gain rich insights from the financial reporting dashboards. 
    • Project Tracking: Keep track of the individual project and monitor overall business health. Analyze past projects and make the right project bid. Effectively track and manage the lifecycle of the project from beginning till the end. 
  • Tax Accounting: Organize and store accounting data in one cloud-based platform. Ensure compliance, accuracy and efficiency with Avalara integration, providing 360-degree sales tax compliance control. 
    • Real-time Data: Get access to financial data in real-time and gain optimal flexibility for VAT reporting, tax calculation. Get an automatic sales tax calculator. Create VAT returns with Avalara VAT reporting and digitally transmit it to the tax authorities. 
  • Data Security: Keep data safe with secure API, strong SalesForce IT infrastructure, two-factor authentication, user permissions, real-time event monitoring. Make sure your business is safe and the data is secure with a reliable, flexible solution. 
  • Point and Click Configuration: Create translation for the configuration with the translation workbench. Update data fields with workflow rules and process builders. 
  • Integration: Credit disbursement, collection tracking and customer interaction can be managed with SalesForce CRM integration, while Stripe integration helps with online payment collection. 
  • Drag-and-Drop: Drag-and-drop editing allows the managed reports configuration allowing for a future data export to Excel. Track expenses, reports and budgets with a consolidated general ledger. 
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Product Ranking

#147

among all
Accounting Software

#281

among all
Accounting Software

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Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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Accounting Seed
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Accounts Payable Accounts Receivable Banking And Cash Management Budget And Expense Management Financial Statements And Revenue Management General Ledger And Chart Of Accounts Integration And Extensibility Inventory Management Journal Entries Mobile Support Multi-company Accounting And Asset Management Platform Capabilities Project Accounting Reporting And Analytics Tax Management 100 85 100 91 100 100 69 94 100 100 73 89 100 90 96 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

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User Sentiment Summary

Great User Sentiment 17 reviews
Great User Sentiment 337 reviews
84%
of users recommend this product

ScaleFactor has a 'great' User Satisfaction Rating of 84% when considering 17 user reviews from 1 recognized software review sites.

84%
of users recommend this product

Accounting Seed has a 'great' User Satisfaction Rating of 84% when considering 337 user reviews from 4 recognized software review sites.

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4.2 (25)
4.18 (17)
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4.4 (127)
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Awards

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SelectHub research analysts have evaluated Accounting Seed and concluded it earns best-in-class honors for Accounts Payable and Mobile Support.

Accounts Payable Award
Mobile Support Award

Synopsis of User Ratings and Reviews

Automated Bookkeeping: ScaleFactor can automatically categorize transactions, reconcile accounts, and generate financial reports, saving businesses time and reducing the risk of errors.
Real-Time Insights: The platform provides real-time financial data, allowing businesses to track their performance and make informed decisions.
Bill Pay: ScaleFactor offers a bill pay feature that allows businesses to easily pay bills electronically, streamlining the accounts payable process.
Tax Compliance: The platform helps businesses stay compliant with tax regulations by automatically calculating and filing sales tax returns.
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Streamlined Workflows: Automates tasks, reduces manual data entry.
Seamless Salesforce Integration: Unifies financial and customer data.
Real-time Insights: Provides instant visibility into key metrics.
Improved Reporting: Customizable dashboards and reports for better decision-making.
Scalability and Flexibility: Adapts to growing businesses and diverse needs.
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Inaccurate Data: Some users have reported that ScaleFactor sometimes pulls in inaccurate data, leading to incorrect financial reports.
Limited Functionality: ScaleFactor may not have all the features that some businesses need, such as advanced inventory management or project accounting.
Customer Support Issues: Some users have expressed frustration with ScaleFactor's customer support, citing slow response times and difficulty getting issues resolved.
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Limited Customization Options: May not fully adapt to specific needs.
Occasional Bugs or Glitches: Can disrupt workflows and require support.
Steeper Learning Curve for Some Features: Complex functionalities might require training.
Can Be Slow at Times: Performance issues can impact user experience.
No Mobile App: Lacks on-the-go access and data management.
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Is ScaleFactor a major player or small fry in the accounting software game? Based on user reviews from the past year, ScaleFactor seems to be a bit of a mixed bag. Users appreciate its user-friendly interface, making it a breeze for those without an accounting background to navigate. The software's flexibility is another plus, as it can be tailored to fit the needs of businesses of all shapes and sizes. However, ScaleFactor's price tag is a major drawback, with many users finding it pricier than its competitors. Additionally, the software's limited integration with other business tools can be a dealbreaker for those who rely on a connected ecosystem of applications. ScaleFactor appears to be best suited for small to medium-sized businesses that prioritize ease of use and flexibility in their accounting software and are willing to pay a premium for these features. However, for businesses on a tight budget or those that require seamless integration with other software, ScaleFactor may not be the best fit. Ultimately, the decision of whether or not to use ScaleFactor comes down to weighing its strengths and weaknesses against your specific business needs and budget.

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Accounting Seed users share a love-hate relationship with the software. For many, its Salesforce integration shines brightest, with "it truly ties into Salesforce seamlessly" and "no need for an API connection" being common praises. This unified data view across sales and finance wins favor in companies wanting clear customer-to-financial insights. However, some find its customization options "cluttered and confusing," particularly when compared to rivals like Xero or QuickBooks. Users lament "frustrating input screens" and a "steeper learning curve" for complex features. Reporting is another battleground. Some rave about "robust reporting features" that provide "real-time insights," while others criticize "a rework is receiving a rework" and "not integral to any accounting software." Compared to Intuit's FinancialEdge, Accounting Seed's reporting flexibility seems to fall short for some. Despite these frustrations, praise for the user interface and support persists. "Easy to use interface" and "strong customer support" are frequent positives, contrasting with complaints about clunky competitors like Sage. Efficiency gains are also highlighted, with users enjoying "reduced manual work" and "streamlined financial processes." Overall, Accounting Seed seems to be a mixed bag. Its Salesforce integration and user interface charm some, while its reporting and customization limitations disappoint others. For companies prioritizing user-friendliness and real-time financial insights, it's a contender. But for those needing highly customizable reporting or slick on-the-go access (no mobile app yet!), other options might be a better fit.

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