Online Bookkeeping Services
Accurate bookkeeping is essential for a healthy business, but the process is tedious, time-consuming and often gets pushed to the bottom of your to-do list. Automatic expense categorization through our bookkeeper software allows you to save time and ensure accuracy.
ScaleFactor’s automated bookkeeping completes the work for you, categorizing your expenses instantly, so you can focus on the parts of the business you love.
How It Works
ScaleFactor imports your accounting and bank transaction data into our platform, where we then organize and run it through our machine learning system to match your transactions to your chart of accounts.
We take the pain out of bookkeeping by automating this process with the latest technologies, like cash flow tracking and connected account visibility.
Why Small Businesses Love Our Online Bookkeeping
Improves business’ financial health with consistent, accurate books.
Saves the costs of hiring a bookkeeper and doing the work yourself.
Access to financial information any time, with fresh data up to the last hour.
Stay organized and track your cash flow with ease! Plugging in your transaction details is straightforward and quick with ScaleFactor’s Transaction Cards.
Our smart software identifies patterns in your transactions and will only ask you to identify newer transactions that we don’t recognize. Once you fill in the details, our software learns how to categorize the transaction in the future. Plus, these smart cards give you a time estimate so you can fit them into your schedule.
Connected Account Visibility
Managing multiple bank accounts and credit cards for your business can be stressful and complicated.
ScaleFactor’s Connected Account feature gives you visibility across all your business accounts. Get quick access to your credit card and bank accounts to see where and how much you’re spending.
What Customers Are Saying
"ScaleFactor’s goal is to help their clients be more efficient and effective, and they do a great job offering suggestions and solutions to address our biggest challenges."
Automated Bookkeeping FAQs
How long does it take to get started?
Once you have connected your accounting file through QBO or Xero and your bank account through Plaid, we can start bookkeeping new transactions right away.
Will ScaleFactor provide my company with a dedicated representative?
Yes, everyone who works with ScaleFactor has access to a dedicated customer success manager, who is backed up by a whole team of accounting experts.
What if I’m switching from another bookkeeping service?
As long as your company uses Xero or QuickBooks Online, we can access the same accounting file for a seamless transition. If not, our team can help your company migrate to one of these best-in-class cloud solutions.
How often is my bookkeeping data updated?
ScaleFactor’s data updates hourly so that you can view your books in real-time.
How will ScaleFactor help me analyze my spending?
In addition to monthly balance sheets and income statements, we offer a fully customizable dashboard that can show spending breakdowns by vendor or category. On top of that, our software analyzes current spending against past months and offers valuable insights to keep you on track.