Aico Financial Close Platform vs ScaleXP
Aico Financial Close Platform
aico.aiScaleXP
scalexp.comSide by side
| Figure | Aico Financial Close Platform | ScaleXP |
|---|---|---|
| Price from | — | £100/mo |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Plans published | 1 | 3 |
| Spec score · Financial Close Software | 7.5 (#11) | 8.2 (#7) |
| Founded | 2019 | LinkedIn lists the company as founded in 2021. |
| Headquarters | Espoo, Finland | ScaleXP lists Kings Place, 90 York Way, London N1 9AG as its headquarters. |
| Implementation | Aico says implementation typically takes a few weeks depending on the organisation’s complexity and systems, with a guided rollout from its team. | The Xero integration page says a typical implementation takes about three weeks, depending on scope. |
| Security | Aico states that it is GDPR-compliant and SOC 2 certified and uses bank-grade encryption. | ScaleXP states that it is SOC 2 Type 2 certified, GDPR and UK ICO compliant, and supports SSO and two-factor authentication. |
| Support | Aico describes customer service and ongoing support for organisations with complex finance processes as part of its offering. | Starter includes live chat and email support, and each plan includes tailored onboarding. |
Plans
Aico Financial Close Platform
- Aico Financial Close PlatformPriced on request
In their own words
Aico Financial Close Platform
Aico Financial Close Platform is a web-based system for managing enterprise financial close work. It brings closing tasks, account reconciliations, journal entries, intercompany invoicing, transaction matching, financial requests, compliance tasks, manual payments, and account or variance monitoring into one platform. Enterprises can configure templates, workflows, approvals, and process rules, allowing finance teams to develop processes without IT. Dashboards show progress, completed tasks, bottlenecks, ownership, priorities, and performance across entities and teams. Reconciliation tools provide one-click automation, configurable templates, exception flags, audit trails, reporting, and approval workflows. Aico lists integrations for SAP, Oracle, Microsoft Dynamics 365, Unit4, IFS, Infor, Sage, Epicor, Workday, and Deltek, while other ERP systems can connect through standard methods. The platform supports multi-entity close, recurring templates, task dependencies, native ERP connectivity, and audit trails. It is aimed at large enterprises and complex finance teams. Pricing is on request.
ScaleXP
ScaleXP automates finance operations and month-end workflows for growing companies, including revenue recognition, journal preparation, reporting and consolidation. It supports deferred and accrued revenue workflows and automates related journals. For expenses, it reads bills, suggests prepayment and accrual entries, and posts journals to Xero or QuickBooks. It connects with Xero, QuickBooks Online and Zoho Books, and can combine accounting data across systems, countries and entities without requiring a standard general ledger. CRM integrations include HubSpot, Salesforce and Pipedrive, with Stripe listed for billing. Reporting includes SaaS metrics, reports, dashboards and presentations; Starter includes MRR and ARR, while Growth includes 30+ automated SaaS metrics. The web product also lists approval workflows, an audit trail, multi-entity close and native ERP connectivity. ScaleXP is paid, with plans from £100/mo and a 7-day trial that requires no credit card. Starter is limited to up to 2 users and 200 invoices per month; additional subsidiaries cost extra by plan.