Bench Accounting @benchaccounting
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It was founded in 2013 and is based in Gent, Belgium. 250 of the most promising private companies applying a mix of software and technology to transform the financial services industry. Join the thousands of small businesses who trust Bench for their bookkeeping needs, and experience the convenience, efficiency, and expertise of our service today. We use dedicated people and clever technology to safeguard our platform.
However, Bench isn’t a good fit for businesses that may need to scale or switch providers later on, since it operates on proprietary software that doesn’t sync with commonly used accounting software. It’s best for freelancers or small businesses with relatively straightforward financials. Bench gives you a dedicated bookkeeper supported by a team of knowledgeable small business experts. Get a direct line to your team on desktop or mobile—professional support is just a few swipes, taps, or clicks away. I appreciate how attentive the team is to reach back out with an answer to any of our request in such a timely manner.
What We Offer
Bench has raised over $100 million in funding to-date from renowned investors such as Contour Venture Partners, iNovia Capital, Bain Capital, Altos Ventures, Bank of Montreal, Sage, and Shopify. Bench provides digital bookkeeping and tax filing platform for small businesses. The company offers a wide range of services such as monthly bookkeeping, tax advisory, customized bookkeeping plans, and more.
What does the name bench mean?
English (West Midlands): topographic name for someone who lived by a bank or raised piece of ground, from Middle English bench(e), banch, binch(e) 'bench, bank, terrace' (from Old English benc), signifying one who lived at or near a terrace or (river) bank.
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It’s saved me 3-5 hours monthly and the stress come tax time- bench do it all for me. My bookkeeper does change every 6 months of so, but the handover has been good each time. I have multiple bank accounts and they always reach out on time when they need a document uploaded. I plan to continue working with them for as long as I’m in business. The Basics of Nonprofit Bookkeeping Bookkeeper 360, which integrates with both QuickBooks Online and Xero, is a good fit for more complex small businesses that require advanced reporting and weekly updates as opposed to monthly ones. Prices start at $399 per month and vary depending on your total monthly expenses and whether you need cash basis or accrual basis accounting.
On May 12, 2023
Bench Accounting a leading bookkeeping and tax advisory fintech platform, is proud to welcome transformational leader and HR professional Jenn Bouyoukos to lead the company’s People function. In this role, she will partner with the executive team to support and steward an environment that nurtures excellence and fuels growth. With a focus on remote culture, people development and DEI (diversity, equity and inclusion) initiatives, Bouyoukos looks to continue to attract and retain the best talent, while unlocking their full potential.
Company
Easily see your updated financial data every time you log in. With real-time insights, you can make on-the-fly decisions about where to spend and where to save, helping your business stay on budget. We conducted a post occupancy survey that found 83% https://adprun.net/bookkeeping-for-independent-contractors-everything/ of Bench employees experienced a maintained or significant increase in unscheduled collaborations and 85% maintained or increased their workplace happiness. The first year I used Bench I was very happy and had no doubt’s I would use them again.
Small businesses don’t have to use accrual basis accounting, but it typically provides more accurate insight into your finances than cash basis accounting does. Bench does offer accrual adjustments, but they start at an extra $100 per month. Otherwise, the program sticks to cash basis accounting. Bench has a proprietary bookkeeping system that doesn’t sync with other accounting software.
How does Bench Accounting work?
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to let us know you’re having trouble. They always answer quickly, focusing on the problem. I’m really statisfied with Bench and with all of their coworkers. Their prices are fair, their service is excellent. $399/month (billed annually) or $499/month (billed monthly). $249/month (billed annually) or $299/month (billed monthly).
- We no longer face the stress of having to wait 3 or 4 days for a follow up.
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- Try us for free—we’ll do one prior month of your bookkeeping and prepare a set of financial statements for you to keep.
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