ScaleFactor vs Sage 50cloud Accounting

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Our analysts compared ScaleFactor vs Sage 50cloud Accounting 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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Sage 50cloud Accounting is a cloud-based accounting software designed for small and medium-sized businesses (SMBs). It helps manage essential financial tasks like bookkeeping, invoicing, payroll, and tax filing. Its user-friendly interface and range of features cater to businesses with varying accounting needs, from basic bookkeeping to complex financial management. Sage 50cloud boasts strong inventory management, allowing for real-time stock tracking and purchase order creation. Additionally, its reporting capabilities offer valuable insights into business performance, aiding in informed decision-making. Users appreciate its mobile accessibility and integration with popular third-party applications. Compared to similar products, Sage 50cloud shines in its ease of use and scalability. However, its pricing structure, which scales with business size and complexity, might be a consideration for startups or solopreneurs. Overall, Sage 50cloud is a well-rounded accounting solution ideal for SMBs seeking a user-friendly and scalable platform to manage their finances.

Pros
  • User-friendly interface
  • Strong inventory management
  • Comprehensive reporting
  • Mobile accessibility
  • Integration with third-party apps
Cons
  • Limited customization options
  • Potentially complex setup
  • Scalable pricing structure
  • Limited integrations
  • Occasional performance issues
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$399 Monthly
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Tailored to your specific needs
$11 Monthly
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Tailored to your specific needs
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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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  • Cost-Effective: A minimal monthly rental fee replaces upfront, installation and maintenance costs. It is cloud-based and doesn’t need dedicated personnel for support as there is a team of available experts hired by the cloud hosting providers.  
  • Easy Access: Clients and employees can work on a single system simultaneously, irrespective of location. Centralized access to data is helpful for companies that have multiple locations or employees working remotely. 
  • Automatic Backup:  Users get automatic data backups without any additional changes. Data is backed up into different paths, which ensures security and maximum data redundancy. If a disaster happens, users can rest assured that their financial data will be secure, without the requirement of any additional backup system.  
  • Paperless Processing: Creates a paperless work culture by eliminating any paperwork with a centralized database that takes care of all documentation needs.  
  • Round the Clock Support: Provides a dedicated support team that is available 24/7 
  • Boost Efficiency and Productivity: Users can view or edit their files and seamlessly perform other functions. Export data through Excel or PDF files without any loss of functionality or efficiency. Download required files or data from any place using any device.  
  • Less Downtime: Unlike traditional systems, users can access all data and files within a system with an internet connection, with reduced or no downtime. 
  • Easy Collaboration: Seamlessly share information with clients, even when they are working on the system. Eliminates the need to sync or copy files while simplifying collaboration with outsourced employees. 
  • Security: Security measures are the responsibility of the cloud hosting provider. They use data encryption technologies, third-party audits, backup power supplies and firewalls to ensure stringent security. Furthermore, since the data is saved in multiple servers and is regularly backed up, there is no risk of data loss.  
  • Free Trial: Experience a 30-day free trial without having to enter any credit card details or install the software. 
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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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  • Cash Flow and Invoicing: Provides a clear picture of finances where cash flow settings can be customized as per the business’s requirements.  
  • Payment and Banking: Automates accounts payable, purchase orders, invoices, payments, invoices, bank feeds and reconciliation. Automatic reconciliation eliminates manual data entry and simplifies payment acceptances.  
  • Advanced Inventory Management: Tracks cost and quantity and stays ahead of purchase orders by keeping everything in stock.  
  • Job Costing: Provides an estimate into how much time projects take and how much money is being made on each job.  
  • Payroll: Tracks employee tips, vacations and hours spent. It also makes payroll processing easy with direct deposit and pay cards.  
  • Reporting: Supports one-click reports for payables, sales tax, expenses, receivables, inventory, payroll and more. Design and customize reports to fit business requirements. 
  • Security Shield: Provides Security Shield for customers to ensure financial security through their partnership with Sontiq 
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Product Ranking

#147

among all
Accounting Software

#212

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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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 92 94 86 98 100 88 99 100 51 73 84 60 86 100 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
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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.

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4.18 (17)
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Awards

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SelectHub research analysts have evaluated Sage 50cloud Accounting and concluded it earns best-in-class honors for Accounts Payable.

Accounts Payable 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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Ease of use: Intuitive interface and simple navigation for everyday accounting tasks.
Cloud-based: Access your data from anywhere with an internet connection, simplifying remote work and collaboration.
Mobile app: Manage your finances on the go with the Sage 50cloud mobile app.
Automation: Automate repetitive tasks like bank reconciliations and invoicing to save time and reduce errors.
Reporting and analytics: Gain insights into your business performance with customizable reports and dashboards.
Integrations: Connect Sage 50cloud with other business applications you use, like CRM and e-commerce platforms, for a streamlined workflow.
Scalability: Grows with your business, accommodating increasing data volumes and user needs.
Security: Robust security features to protect your financial data.
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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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Pricing: Can be expensive for small businesses compared to some competitors.
Limited features: May lack some advanced features needed by larger businesses.
Learning curve: Interface can be complex for new users, requiring training or investment in onboarding.
Integrations: Not all third-party applications integrate seamlessly, requiring workarounds or additional costs.
Performance: Some users report occasional lag or slowness, especially on older hardware or with large datasets.
Customer support: Mixed reviews on customer support responsiveness and helpfulness.
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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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Sage 50cloud Accounting receives praise for its ease of use, cloud accessibility, and automation features. Users with typical accounting needs appreciate the intuitive interface and simple navigation, making it a breeze to handle everyday tasks like invoicing and bank reconciliations. The cloud-based nature allows for remote work and collaboration, a major plus in today's world. Automation takes repetitive tasks off their plate, saving time and minimizing errors. However, some users find the pricing to be on the steeper side compared to competitors like QuickBooks. While Sage 50cloud boasts strong core accounting functionalities, it may lack the advanced features needed by larger businesses, prompting them to consider alternatives like Xero or NetSuite. Additionally, the interface can feel complex for new users, requiring dedicated training or onboarding resources. Differentiating factors like robust security features and seamless integrations with CRM and e-commerce platforms appeal to businesses looking for a secure and streamlined workflow. Sage 50cloud's scalability further attracts users planning for future growth, as it can accommodate increasing data volumes and user needs. Overall, user reviews suggest Sage 50cloud shines for its user-friendliness, cloud accessibility, and automation tools. However, its pricing strategy and potential lack of advanced features might nudge some users towards competitors. Businesses that prioritize security, integrations, and scalability will find Sage 50cloud a compelling option, especially considering its potential to grow alongside their company's needs.

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