Humans have evolved in astounding ways in the last 100 years, and it’s impossible to fathom what will happen in the next 100. If we’re only in the beginning stages now, it’s exciting to think about what we could see in the next five to ten years. But, before we...
In 2014, I was working in Denver as the CFO of a communications company. In this role, I was often asked if we could afford to make a big purchase or hire a new employee. I found myself often frustrated that the financial information I needed to answer those questions...
We’ve all heard the phrase “cash is king” and that’s because if there’s anything more crucial to a growing business than profit, it’s cash. While profitability can be manipulated on the balance sheet, your cash is set in stone. Investors and banks know this, and as a...
In March, we worked on building out mobile Bill Pay and made some changes to the overall user experience. Today, we’re excited to share these updates with you and officially introduce the new homepage, the Activity Center. Activity Center You might notice that when...
Every cent matters when you’re running a small business. Keeping and maintaining a budget is hard work. You’ll need to account for team lunches, hiring new employees, surprise expenses, and everything in between. Your small business budget should be able to estimate...
Here at ScaleFactor, one of the questions we get asked over and over is how to set up class tracking—and if it’s worth it. Our response? Class tracking is a handy feature of accounting that helps business owners get a more detailed view of their finances. It’s a...
