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Bench bookkeeping company how to#
Since I have no background in accounting, learning how to manage my books was not easy.


View source version on businesswire.I have been freelancing for close to a decade, which includes handling my own small business bookkeeping. Bench has raised over $100 million in funding to date, services over 11,000 business owners and employs 650 people and growing. Bench was co-founded by Forbes 30 under 30 winner Ian Crosby.
Bench bookkeeping company software#
Pairing its intuitive software and financial products with a dedicated accounting team, Bench combines the convenience and efficiency of modern technology with the expertise and time-savings afforded by a professional service. “We’re thrilled to support Bench in the company’s latest fundraise to further bolster the company’s product offerings.”īench continues to be a leading employer in Canada, having rapidly scaled to over 650 employees, and aims to double the company’s product and technology teams before the end of 2021.īench is a nine-year-old fintech company that runs the finances for entrepreneurs so they can focus on their businesses. “Bench is a perfect example of Canada’s rich pool of tech champions, delivering incredible fintech solutions while building best in class employment opportunities,” said Shawn Abbott, co-Founder at Inovia Capital. We are excited for the next chapter in the company’s journey.” “The combination of a comprehensive yet elegant platform and unparalleled service delivered at a disruptive price point makes Bench a highly compelling solution for small businesses across all industries. “We have been working closely with Bench since 2012, and have been consistently impressed by their relentless focus in improving the Bench platform on behalf of their small business customers,” said Matt Gorin, Managing Partner and co-founder at Contour Venture Partners. This launch, along with Bench’s integration with Shopify, Stripe, Freshbooks, Sage, LendingClub, and Gusto, are indicative of the trend towards a more centralized, tailored and streamlined financial experience for business. Bench Core is available to customers for $249 per month and Bench Flex is $349 per month. Bench Core and Bench Flex are both priced with financial accessibility at the forefront. Bench Core and Bench Flex are first of their kind offerings that offer compelling time and money savings for small business. These products eliminate the challenges that many businesses face in ensuring consistency, gathering data and juggling multiple relationships with banks, bookkeepers, accountants and more. Both Core and Flex include Bench’s signature bookkeeping, tax preparation, tax filing and tax advisory services, providing a comprehensive financial overview on one easy-to-access platform.
Bench bookkeeping company free#
Bench Core includes a free business bank account and debit card – in partnership with LendingClub and Stripe – for customers in need of a banking solution, while Bench Flex is tailored to support those with existing bank accounts and service providers. In line with the company’s mission to make a profound difference in the quality of life of one million people, Bench’s new product will offer a robust financial toolkit to small business owners across the United States. “Their model of building software that is easy to use and combining it with high levels of service is exactly what SMBs need to be successful.” “Bench is the perfect accounting partner for our SMB customers,” said Lexi Reese, COO at Gusto. “We’re so excited to collaborate with Bench to build a better financial future for small businesses across the US and empower business owners with the financial tools they need to succeed.” “The Bench+Freshbooks experience is so powerful for our customers, that when we attach Bench to a customer, we observe churn decrease by 80%,” said Mark Girvan, Chief Commercial Officer of Freshbooks. “That’s why we’re thrilled to participate in Bench’s recent round of funding, which will help them provide professional bookkeeping to even more entrepreneurs so that they can focus on growing and serving their customers.” “At Shopify, we’re always looking for ways to make it easier for entrepreneurs to start and run their businesses,” said Bram Sugarman, Director of Corporate Development and Strategic Initiatives with Shopify. And increasingly, we’re working with other globally leading companies to make this a reality.” We let them do that, by getting their finances under control and out of the way.


“Entrepreneurs need to focus on their business and their dream. We’ve re-imagined Bench from the ground up to do that, and our new funding will allow us to continue reinforcing our product and service vision,” said Ian Crosby, the CEO and co-founder of Bench. “We’re here to make a profound difference in the quality of life of one million business owners.
