AppZen vs ScaleFactor

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

AppZen Software Tool
ScaleFactor Software Tool

Product Basics

AppZen is an artificial intelligence platform that simplifies finances by automating work that requires human expertise. It automates manual processes, checks for loopholes in finances and strengthens decision-making for employees by optimizing finance for enterprises. It revolutionizes how the finance team works by automating spend approvals and providing rich insights to help the business plan with a strategy based on data.

It ensures expense reduction, compliance and streamlines financial processes for businesses across all industries.
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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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$5,000 Monthly
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Tailored to your specific needs
$399 Monthly
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Tailored to your specific needs
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Chromebook
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Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
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Videos
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Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • Identify Errors: Businesses can use AI to identify and eliminate errors related to manual processing, duplicate entries, overpaid invoices, expense cheating, crossovers or supplier payments.  
  • Reduce T&E Spend: All employee expense reports are verified before they are paid. Identifies duplicate receipts, personal spending and over-the-limit expenses. AI-powered expense audits provide the business with reports before they receive payment.  
  • Reduce Invoice-Based Spend: Its AI-powered platform audits invoices automatically. Businesses can catch fraud, duplicate spends, crossover with T&E, missing discounts, duplicate spends and more.  
  • Ensure Compliance with Expense Policies: AI-powered expense auditing ensures that T&E spend is compliant with policies before they are reimbursed. The business can detect unauthorized expenses, anything that can land them in a legal situation and those that exceed their policy.  
  • Automate and Streamline: Automate approvals, run management approvals and provide auditors with the correct information to ensure efficiency to streamline expense reimbursement.  
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  • 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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  • Real-Time Auditing: Audits data and spends in real time to give the business increased process transparency and control over discrepancies. 
  • Risk Detection: AI makes use of patterns and behaviors to recognize any risk associated with any expense.  
  • Identify Non-Compliance: Non-compliance on any part is immediately identified and reported for the right course of action.  
  • Autonomous AP: All invoices and non-PO spend can be classified, matched and approved without any manual intervention.  
  • Auditing: It seamlessly integrates with the existing expense automation systems to empower auditing in real time. Helps the business locate errors, waste or fraud in real time.  
  • Mastermind: Specially designed for the finance team, Mastermind ensures 100% compliance and auditing on all expenses by automating corporate spend policies.  
  • Mastermind Analytics: Get AI-powered on-demand expense insights that provide an accurate and comprehensive view of the organization’s expense. Helps users understand what is working and what is not to make well-informed decisions.  
  • Team Intelligence: It gives managers complete visibility into team spend so that compliance is ensured and approval workloads are reduced.  
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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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Product Ranking

#139

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Accounting Software

#147

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Accounting Software

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User Sentiment Summary

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Great User Sentiment 17 reviews
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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.

n/a
4.18 (17)

Synopsis of User Ratings and Reviews

Cloud-Based Accessibility: Access AppZen from any device with an internet connection, allowing for remote work and collaboration.
Automated Expense Management: Digitize and automate expense reports, reducing manual data entry and streamlining the approval process.
Receipt Capture and OCR: Capture and store receipts digitally using the mobile app or email integration, with OCR technology extracting key data for easy expense tracking.
Policy Compliance Enforcement: Set up customizable expense policies and receive alerts for violations, ensuring adherence to company guidelines.
Robust Reporting and Analytics: Generate comprehensive reports and dashboards to analyze spending patterns, identify cost-saving opportunities, and improve budgeting.
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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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Costly: AppZen's pricing can be prohibitive for small businesses and startups.
Complex Interface: Users have reported finding the software's interface challenging to navigate and use efficiently.
Limited Customization: AppZen may not offer the level of customization that some businesses require for their specific accounting needs.
Accuracy Concerns: Some users have expressed concerns about the accuracy of the software's expense reporting and analysis.
Limited Integration: AppZen's integration with other business software, such as CRM systems, can be limited.
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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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AppZen is an accounting software solution that has received mixed reviews from users in the past year. Many users praise its user-friendly interface, customizable dashboards, and robust reporting capabilities. However, some users have expressed concerns about its accuracy, limited integration options, and lack of support for certain accounting practices. Compared to similar products, AppZen is often praised for its ease of use and ability to automate complex accounting tasks. However, it falls short in areas such as accuracy and support, which can be crucial for businesses that rely heavily on their accounting software. AppZen's customizable dashboards and reporting capabilities set it apart from other solutions, allowing users to tailor the software to their specific needs. Overall, AppZen is best suited for small to mid-sized businesses that prioritize ease of use and customization. However, businesses with complex accounting needs or a reliance on specific accounting practices may need to consider alternative solutions.

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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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Top Alternatives in Accounting Software


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Manager

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Patriot Accounting

QuickBooks Online

Sage 50cloud Accounting

Sage Intacct

SAP Business One

SAP S/4 HANA Finance

TallyPrime

Wave Accounting

Workday Financial Management

Xero

ZarMoney

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