What is ScaleXP?
ScaleXP is a specialist finance automation platform for SMEs. ScaleXP’s features include revenue and expense recognition, contract renewals tracking and sales forecasting.
ScaleXP works alongside your existing accounting and CRM platform. The system imports all invoices and uses a series of machine learning algorithms to read and process text. This ensures that the onboarding and setup process is quick and easy.
ScaleXP provides smart integration with accounting and CRM systems which easily automate and visualise SaaS and subscription metrics including churn, customer growth, payback on customer acquisition cost, and customer lifetime value as well as financial reporting and contract management, all in one easy to use package.
What is Maxio?
Maxio, formed in 2022 from the merger of SaaSOptics and Chargify, focuses on contract management for subscription companies. Maxio is a specialist in financial and operational revenue management for subscription and SaaS businesses with features including revenue and expense recognition, billing and subscription management.
Maxio provides a range of integrations for managing billing and revenue recognition, but it is complicated to use and configure. There is a steep learning curve and onboarding can take up to 6 months. Many users find its reporting confusing and the user interface is not intuitive.
Maxio is one of the most expensive revenue management solutions on the market, with numerous add-on and transaction charges.
