ScaleFactor Fails to Scale, Blames COVID-19
Cloud Accounting Podcast
JUNE 28, 2020
Back in August, when they raised their Series C, which was $60 million, Forbes described ScaleFactor as this: "ScaleFactor makes online financial software that enables small-, and medium-sized businesses to automate back-office tasks, including bookkeeping and payroll." It looks like, in 2019, GE paid KPMG $79 million in fees.
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