Scoro

Overview

Scoro is a comprehensive work management and professional services automation platform designed to streamline operations for agencies, consultancies, and professional firms. It consolidates project management, resource planning, time tracking, customer relationship management, and financial reporting into a single unified system. By eliminating fragmented tech stacks, the platform provides real-time visibility into project profitability and business performance. It serves thousands of growing enterprises and service-based teams worldwide.

Founder story

Scoro was founded in 2013 by Fred Krieger in Tallinn, Estonia. The idea emerged from observing how professional services firms struggled with fragmented workflows and disconnected tools for managing projects, resources, and finances. Krieger built Scoro to create a single source of truth that standardizes operations and boosts profitability.

What it does

• Manages end-to-end project lifecycles from initial quoting and budgeting to final invoicing
• Plans and forecasts team capacity and resource allocation to prevent bottlenecks
• Tracksbillable hours, bill rates, and detailed task execution expenses accurately
• Generates comprehensive financial dashboards and real-time profitability analytics.

Who it's for

• Digital and Creative Agencies
• Management Consultancies
• IT Services Providers
• Architecture and Engineering Firms

Why it works

• Consolidates multiple discrete business tools like time-trackers, CRM, and invoicing systems into a unified platform
• Provides deep financial tracking and real-time margin visibility missing in standard task apps
• Operates on a tiered user-based subscription model scaling with team size
• Offers granular permissions and robust enterprise security controls.

Growth strategies

• Venture capital funding partnerships with firms like Kennet Partners and Livonia Partners
• Strategic software acquisitions such as Envoice to expand expense tracking capabilities
• Content- driven inbound marketing focused on professional service efficiency
• Global partner and reseller networks across Europe and North America

Alternatives

• Asana
• Monday.com
• Smartsheet
• Cleox

Comparison overview

• Scoro provides deep native financial management, quoting, and billing features built directly into project workflows, whereas standard project tools like Asana focus primarily on task collaboration.
• Scoro functions as an all-in-one Professional Services Automation (PSA) platform, contrasting with general workspace apps that require third-party plugins for time tracking and invoicing.