Beanworks Blog
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Accounting Risk Management
What is a Virtual Credit Card? 3 Things You Need to Know
One research study found 9,708 instances of compromised credit card data in only the first quarter of 2019. Right now, one of the biggest financial risks is credit card fraud.
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Accounts Payable Automation
Fast-Track Accounts Payable Invoice Uploads from Gmail With One Click
Beanworks has launched a Gmail plugin that captures an invoice sent in the email body, converts it to PDF, and ...
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Accounts Payable Automation
8 Benefits of Accounts Payable Workflow Automation
AP Automation or accounts payable automation is the technology that uses a digital system to reduce manual and repetitive tasks such as data-entry and writing checks.
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Accounting Risk Management
Getting Ready for the Digital Payments Phase
Payments trends from the past decade indicate that businesses are turning away from checks. According to the Association for Financial Professionals, 81% of B2B organizations used checks in 2004. In 2019, this was down to an all-time low of 42%.
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Customer Stories
How to Cut Costs & Keep Your Business Running During a Crisis
There's a couple of lessons we can learn from previous economic downturns and with the advice of experts like Matt, find our way forward into the future.
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News & Updates
Catherine Dahl, a Finalist for Person of the Year in 2020 BC Technology Impact Awards
Catherine Dahl was recently named a finalist in the 2020 BC Tech Association’s Technology Impact Awards’ Person of the Year ...
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Accounts Payable Automation
Beanworks Launches Approval Channel Delegation
Estimated reading time: 1 minute, 30 seconds. In order to enrich its existing approvals process for accounts payable (AP) teams ...
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Future of Accounting
Tips to Redesign a Business Continuity Plan That Has Everything But a Pandemic
Estimated reading time: 4 minutes, 49 seconds Even the most thorough business continuity and risk assessment plans could not have anticipated ...
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Cloud Accounting
8 Remote Tools That Are Here to Stay
Estimated reading time: 4 minutes, 45 seconds. The COVID crisis will draw a line between the time when digital transformation was ...
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Accounts Payable Automation
The Most Important Reason to Automate Payments Now
Estimated reading time: 3 minutes, 35 seconds A funny thing happened while I was writing this article. While I conversed with ...
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Accounts Payable Automation
How Much Does It Really Cost to Process an Invoice?
Reading time: 4 minutes, 24 seconds As the current crisis unfolds, many businesses are looking at solutions that will help ...
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Accounting Risk Management
Common Accounts Payable Risks and How to Reduce Them
Reading time: 4 minutes, 49 seconds Last year, PwC uncovered a $7.4 billion accounting fraud in Steinhoff, a global retail ...
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Accounts Payable Automation
The Top 4 Accounting Processes to Automate
Reading time 9 minutes, 23 seconds Optimize These Four Accounting Workflows to Save Costs Accounting has traditionally been heavily reliant ...
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Cloud Accounting
5 Best Practices to Support Remote Work
Reading time: 6 minutes, 55 seconds Is “working from home” the new normal? We don’t know. But we are seeing ...
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Diversity & Inclusion
Beanworks Leading the Way in Diversity and Inclusion
From left to right: Catherine Dahl, CEO and Co-Founder; Tracy Thompson, CXO; Tracy Huitika, VP of Engineering; and Meena Sandhu, ...
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