Flowrev vs ScaleXP

Flowrev is an online cost and revenue recognition service for subscription, SaaS, usage-based, percentage-complete, milestone and other business models. It connects to Xero and QuickBooks Online through their APIs and supports synchronization of accounting data, locking and one-click journaling. Recognition schedules can run once, monthly, quarterly, yearly or on a custom cadence, using per-diem, even-period, percent or template calculations. Service dates can be taken from invoices or calculated automatically. Flowrev checks schedules as they are created, explains triggered checks and keeps an audit trail of changes. Built-in reports cover MRR, ARR, revenue and cost waterfalls, deferred revenue, prepaid expenses, and future revenue and bookings forecasts. The company says its recognition process supports GAAP/ASC 606 and IFRS 15. A free 14-day trial requires no credit card and allows data export at any time. Organization plans start with Bronze at $50 a month, for up to 300 active revenue or cost schedules per year.

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.