ScaleFactor (Accounting Automation)

As an entrepreneur you should be focused on growing your business, not categorizing transactions or reconciling bank accounts!   

ScaleFactor automates complex bookkeeping tasks and translates financial information into usable business insights, enabling entrepreneurs to focus on what they love: running and growing their business. 

Save today with this exclusive offer to Newchip Accelerator Companies 

Exclusive Offer for Newchip Companies
Regular Price Getting Started Growing
$4,800/year $4,000/year $7,000/year
$800 Savings $1,400 Savings
Bookkeeping (Up to 2 connected financial accounts) Check Box Check Box Check Box
Investment includes your Xero or QucikBooks Online License Check Box Check Box Check Box
Cash or Accrual Modified Cash Modified Cash Modified Cash & Accrual
Bill Pay (up to 10 bills) Check Box Check Box Check Box
Quarterly Reporting Quarterly Reporting Quarterly Reporting Monthly Reporting
Cash Vision X Check Box Check Box
Payroll Management (For up to 10 ee’s) X X Check Box
State Sales Tax Filing (1 state) X X Check Box

 

**Includes additional product (Cash Vision) and ~17% discount from regular pricing. 

 

ScaleFactor will take all the back office work off of your plate

Daily Bookkeeping

Automatic daily transaction classification and expense tracking keeps your books clean, accurate, and reliable so you that you’re always in control of your business.

Bill Pay and Invoicing

Manage your money with one bank-grade secure login. Get paid faster, make outgoing payments on time, and seamlessly manage your cash flow.

Business Tax Prep and Filings

Expert CPAs prepare, review, and file your tax returns to keep you compliant and help you get the best refund. Plus, you’ll get automatic deadline reminders.

Cash Forecasting

Keep a clear view of your cash position, predict your cash flow up to 6 months out, and forecast for potential business decisions, such as hiring a new employee.

Microsoft for Startups (Business Tech Enablement)

Newchip is in partnership with Microsoft for Startups that qualify. Below are further details on the type of benefits and resources Microsoft can offer participating Newchip companies. 

Technical enablement

Microsoft technology to help your bottom line:

  • Up to $120k of free Azure cloud for two years
  • Visual Studio Enterprise cloud subscription
  • Office 365 Business Premium
  • Dynamics 365 for Customer Engagement and Talent
  • Enterprise grade Azure support

Access to engineers:

  • NDA roadmap briefings
  • 1:1 consultations
  • Architectural Design Sessions
  • 1:few coding events

Business enablement

Tools and resources to accelerate your Go-To-Market:

  • Customized 6-month Go-To-Market plan
  • Dedicated marketplace onboarding support desk
  • Marketplace listing optimization
  • Blog, evidence, event promotion
  • Joint marketing and demand generation campaign
  • Industry-focused campaigns and joint engagement
  • Access to additional premium Go-To-Market services

Sales enablement

A guided joint sales experience that includes:

  • A dedicated success manager
  • Bi-directional lead sharing with our sales teams
  • Targeted account planning
  • Facilitated introductions to reseller and services partners
  • International market expansion assistance
  • A worldwide network of Microsoft sellers paid to sell your solution into their enterprise accounts

Please go here to access further info on Microsoft for Startups

Essential Reading for Entrepreneurs & Startups

Essential Reading for Startups

The following collection includes some of the most prized and timeless readings on the topic of startups and business. Although none of these books are required for your participation in the Newchip program, we encourage you to get in the habit of working through this list of books over the coming months and years. The knowledge, tools, and insight imparted by each of these books will add a wealth of value to your personal development and growth as an entrepreneur rising leader. 

To order any of the books in this collection, simply click on the front-cover. A new page will open with a direct link to a purchase site. 

General Startup Knowledge  

Marketing

Product

Sales/Business Development

Biography/Business History