Merrchant vs ScaleFactor Comparison

86% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Merrchant

Accounting Software

5 4 user ratings

Get Free Advice

ScaleFactor

Accounting Software

4.1 43 user ratings

Get Free Advice

Overview

Description	Merrchant hosts business applications ranging from CRM, POS to Payroll and everything in between. It bundles all the apps customized as per each business’ needs into an affordable pricing plan, saving them money as well as additional bloatware. Merrchant’s suite of applications run on all devices including PCs, Mac, and even smartphones. This is combined with real-time updates for all apps which helps businesses stay up to date on all current data irrespective of the device each one is using. With Merrchant, a business can manage all of its core functions under one roof, making it simpler for the manager, as well as the function heads. Its different plans allow for maximum scalability, covering the needs of fast growing teams and startups. Data stored in every Merrchant application is encrypted using industry-standard TLS ensuring fair usage of personal and financial information. Read more	ScaleFactor analyzes your business finances in real time, alerting you to important insights as soon as they surface. A custom dashboard allows you to track the metrics that matter most to your business—24 hours a day, anywhere in the world. And your traditional financial reports are available on demand, delivered within days of the month’s close. ScaleFactor is a smart finance and accounting platform that enables businesses to operate in real-time with automated bookkeeping, proactive alerts, at-a-glance performance metrics and more. Read more
Pricing Options	Free Trial Available Starts at $5.00.	Free Trial Not Available Starts at $399.00.
SW Score & Breakdown	86% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 100% Reviews 67% Momentum 60% Popularity 77%
SaaSworthy Awards	Not Available	# 13 Most Popular

Features

Total Features	17 Features	13 Features
Common Features for All	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 14 More - Show Less	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 10 More - Show Less

Technical Details

Organization Types Supported	Large Enterprises Medium Business Small Business	Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud Mobile - Android Mobile - iOS	SaaS/Web/Cloud Mobile - Android Mobile - iOS
Modes of Support	24/7 (Live rep) Business Hours Online	24/7 (Live rep) Business Hours Online
API Support	NA	Available

Reviews & Ratings

User Rating	5/5 4 user ratings	4.1/5 43 user ratings
Rating Distribution	Excellent 100% Very Good 0% Average 0% Poor 0% Terrible 0%	Excellent 46.5% Very Good 25.6% Average 25.6% Poor 0% Terrible 2.3%
	Read All User Reviews	Read All User Reviews

AI-Generated from the text of User Reviews

Pricing

Pricing Options	Free Trial Available Starts at $5.00.	Free Trial Not Available Starts at $399.00.
Pricing Plans Monthly Plans Annual Plans	Merrchant $5.00 $5.00 per month	Principal $399.00 $399.00 per month Principal Plus $549.00 $549.00 per month
	View Detailed Pricing

Alternatives

	AccountingSuite 4.4 98 ratings Merrchant Vs AccountingSuite AccountsIQ 4.6 60 ratings Merrchant Vs AccountsIQ QuickFile 4.8 2,696 ratings Merrchant Vs QuickFile Freshbooks 4.3 3,302 ratings Merrchant Vs Freshbooks MYOB 3.8 240 ratings Merrchant Vs MYOB	Xero 4.2 7,623 ratings ScaleFactor Vs Xero Freshbooks 4.3 3,302 ratings ScaleFactor Vs Freshbooks MYOB 3.8 240 ratings ScaleFactor Vs MYOB FreeAgent 4.7 441 ratings ScaleFactor Vs FreeAgent Wave 4.1 1,834 ratings ScaleFactor Vs Wave
	View All Merrchant Alternatives	View All ScaleFactor Alternatives