Beanworks a Leader for AP Automation on G2

News & Updates

We’re excited to announce that Beanworks was recently named by G2 as a Leader in the AP Automation Software category. G2 is a global user review site that helps businesses make smarter buying decisions. The award is based on Beanworks’ customer reviews on the G2 website, with an average rating of 4.5/5. G2 scores products…

How Mature is Your Organization’s Accounts Payable Process?

Accounts Payable Automation, News & Updates, Whitepapers

Would you say your organization relies heavily on manual data entry and routing processes, and experiences high paper invoice volume? Or, perhaps you have a mix of digital and paper invoices, with some AP automation in place. Alternatively, maybe your organization has blown past the manual processing stage and is invested in cloud-based automation tools…

How to Build a Business Case for AP Automation

Accounts Payable Automation, Accounts Payable Workflow, Finance Executives

Is your company’s Accounts Payable (AP) function performing as well as it could? According to a recent study, over 60 percent of companies still process their invoices and payments offline1. While many companies use their websites as a digital storefront, or even rely on social media for customer service capabilities and engagement, many more are…

5 Reasons CFOs Should Consider Accounts Payable Automation

Finance Executives, Fraud Mitigation

Automation is one of today’s mega trends affecting workforces globally. As a finance leader, it’s important to understand what automation can mean for your department and bottom line. The accounts payable (AP) function in particular has traditionally been slow, manual, and paper-based. From entering and coding invoices to circulating documents for approval and paying vendors,…

Start Managing Multiple Entities in Your Accounts Payable Solution

Accounts Payable Automation, Cloud Accounting

When does multi-entity accounting become a necessity for an organization? Multi-entity accounting practices predominantly apply to complex businesses that operate as a conglomerate, parent company or holding company with several subsidiaries. But even businesses that operate as a single entity may have regional offices or segmented departments that are treated as separate entities by the…

Beanworks Champions Gender Diversity As Strategy for Business Growth

News & Updates

Vancouver, BC – September 18, 2018 – Beanworks, an accounts payable (AP) automation company is charting a path of leadership in the fintech industry by championing a culture of diversity and inclusion. They are pleased to announce the closing of a $10.1 million Series B funding round. Beanworks CEO, Catherine Dahl, credits her company’s inclusive…

Why Accounting Firms Need to Look Ahead to the Digital Future

Reports & Surveys, Xero

Accounting software company Xero recently released its report on the digital accounting renaissance, and their findings suggest that for most businesses, going digital will soon be the only way forward. In their survey, “Digital or Die: The Accounting Renaissance,” more than 670 accountants and 1,000 small and medium enterprise (SME) owners were asked about their…