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Bench Accounting REVIEW

Accounting Software

No user reviews
USER SATISFACTION 94%
OUR SCORE 9.1

What is Bench Accounting?

Bench Accounting provides bookkeeping and accounting services through an intuitive web-based app to help startups, SMBs, and enterprises in handling their accounting and bookkeeping requirements. Together with a robust set of accounting tools, Bench Accounting designates a team of dedicated professional bookkeepers to each of their clients. Through its service, their clients can focus more on the business side of matters, given that accounting and bookkeeping needs are taken care of.

Through the software, users can share and upload spreadsheets, transaction documents, receipts. A dedicated bookkeeping team sorts everything out, sparing users from the grunt work of accounting. In addition, Bench expert bookkeepers help users with the categorization of their transactions, reconciling statements from their bank, credit card, and PayPal accounts, ensuring that every clients’ book is accurate.

Bench bookkeepers also perform receipt management where they attach receipts to the corresponding transactions within the accounting system. All bookkeepers are mandated to ensure that all receipts are accounted for, to generate a complete and spotless record.

Bench Accounting integrates with third-party apps like Stripe, Square, Shopify, and Freshbooks. It offers five expense-based service packages with clients having the option to choose between an annual or monthly billing. Its service can be purchased for as low as $119/month.

Overview of Bench Accounting Benefits

Bench Accounting makes accounting and bookkeeping easy with its robust tools. Here are some of the benefits that Bench has to offer:

Dedicated bookkeepers

Bench saves you and your team from the tons of work that are associated with accounting and bookkeeping. With a team of expert accountants and bookkeepers, Bench provides you accurate, top quality accounting and bookkeeping services that enable you to see your finances and be totally aware of your income, expenses, payables, receivables, and more without having to do all the grunt work.

Real-time reports

With Bench Accounting, you get interactive financial statements each month, detailing all your transactions that are organized into specific categories for easy tracking. Through Bench Accounting, you can create visually engaging finance reports that summarize your revenues, expenses, and profit. In a glance, you’d get to know your financial status. Through it, you can have smarter business decisions.

Highly secured

Bench Accounting is connected to all major banks and popular payment gateways. That said, the software boasts of 256-bit encryption to keep all your financial information safe and far from the reach of hackers, unauthorized personnel, leaks, and breaches.

Unlimited support

When you need to communicate with your bookkeeping team, the Bench app will instantly connect you with your experts. You can receive and send messages and get notified instantly when developments arise. With Bench, you have access to your finance team in real time.

Tax needs

Bench also connects its clients to tax professional. It can offer complete CPA support, and catch-up bookkeeping (for accounts that are long overdue).

Overview of Bench Accounting Features

  • Interactive Financial Statements
  • Helpful Visual Reports
  • Year-End Financial Package
  • Dedicated Bookkeepers
  • Intuitive Software
  • Data Sharing
  • Flexible Communication
  • Easy Categorization
  • Tax Season Support
  • Income Statement
  • Balance Sheet
  • Trial Balance
  • Journal Entry Summary
  • General Ledger

What Problems Will Bench Accounting Solve?

Problem #1: Time-consuming Bookkeeping

One of the most common problems that most companies will face is having to play catch-up with their bookkeeping. Through Bench’s bookkeeping software coupled with a dedicated Bench bookkeeping team, a year’s worth of bookkeeping is completed in just 3-4 weeks. Bench offers an affordable, efficient, hands-on experience to time-strapped small business owners.

Problem #2: Inaccurate Bookkeeping

Bench software syncs directly with most major financial institutions and automatically pulls bank and credit card statements into the platform, eliminating the need for clients to submit documents and receipts. Since Bench bookkeepers work directly from these bank statements, not receipts, it leads to a higher level of accuracy. Businesses can send and receive messages from their bookkeepers via the Bench app, and notifications on smartphones keep businesses in touch with their bookkeeping team and their financials in real time.

Problem #3: Costly Bookkeeping Expense

Hiring a full-time bookkeeper can be a huge expense for a small business. Bench claims to be able to reduce prices for its bookkeeping software by 10-30% for all clients. The price reduction was made possible by Bench’s artificial intelligence, which is able to automate 60% of bookkeeping tasks and perform five times faster than typical bookkeepers while still maintaining accuracy.

Awards & Quality Certificates

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Bench Accounting Position In Our Categories

Position of Bench Accounting in our main categories:

20

Bench Accounting is one of the top 20 Accounting Softwareproducts

20

Bench Accounting is one of the 20
Accounting Software products


Since each enterprise has unique business needs, it is sensible for them to desist from seeking a one-size-fits-all perfect software application. Needless to say, it would be useless to try to find such a platform even among widely used software applications. The smart thing to do would be to jot down the various vital factors that need consideration such as required features, budget, skill levels of staff members, company size etc. Then, you should do your research thoroughly. Read some Bench reviews and look into each of the other solutions in your shortlist in detail. Such in-depth groundwork can make certain you weed out ill-fitting platforms and select the system that presents all the elements you require for business success.

How Much Does Bench Accounting Cost?

Bench Accounting Pricing Plans:
Free trial
Starter
$119
Micro
$139
Boutique
$169
Venture
$209
Corporate
$299

Bench Accounting offers five expense-based pricing packages for users to choose from. Give the details a look, and select the best plan for your business.

Starter – $119/month (annual billing) or $139/month if billed monthly

  • Monthly expenses below $1k

Micro – $139/month (annual billing) or $159/month if billed monthly

  • Monthly expenses from $1k to $7.5k

Boutique – $169/month (annual billing) or $199/month if billed monthly

  • Monthly expenses from $7.5k to $20k

Venture – $209/month (annual billing) or $249/month if billed monthly

  • Monthly expenses from $20k to $60k

Corporate – $299/month (annual billing)or $349/month if billed monthly

  • Monthly expenses up to $1M

User Satisfaction

We realize that when you make a decision to buy Accounting Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Bench Accounting reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with Bench Accounting. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

POSITIVE SOCIAL MENTIONS

339

NEGATIVE SOCIAL MENTIONS

12

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Technical details

Devices Supported
  • iPhone/iPad
  • Web-based
Language Support
  • English
Pricing Model
  • Monthly payment
  • Annual Subscription
Customer Types
  • Small Business
  • Medium Business
  • Freelancers
Deployment
  • Cloud Hosted

What Support Does This Vendor Offer?

  • EMAIL
  • PHONE
  • LIVE SUPPORT

What are Bench Accounting pricing details?

Bench Accounting Pricing Plans:
Free trial
Starter
$119
Micro
$139
Boutique
$169
Venture
$209
Corporate
$299

Bench Accounting offers five expense-based pricing packages for users to choose from. Give the details a look, and select the best plan for your business.

Starter – $119/month (annual billing) or $139/month if billed monthly

  • Monthly expenses below $1k

Micro – $139/month (annual billing) or $159/month if billed monthly

  • Monthly expenses from $1k to $7.5k

Boutique – $169/month (annual billing) or $199/month if billed monthly

  • Monthly expenses from $7.5k to $20k

Venture – $209/month (annual billing) or $249/month if billed monthly

  • Monthly expenses from $20k to $60k

Corporate – $299/month (annual billing)or $349/month if billed monthly

  • Monthly expenses up to $1M

What integrations are available for Bench Accounting?

Bench Accounting integrates with the following business systems and applications:

  • Square
  • Shopify
  • Gusto
  • Freshbooks

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