Media Coverage

What’s the buzz? See who’s been talking about the magic of Beanworks.

April 14, 2021

Beanworks Announces Partnership with PETA to Streamline the Animal Rights Organization’s Accounts Payable (AP) Workflows

“I call Beanworks magic,” explains Kelly Fidler, the VP of Finance, PETA Foundation. “The way Beanworks integrated with Sage 100, which is our main financial system, was as seamless as it gets.”

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April 12, 2021

Technology Tech startup was ready when opportunity knocked

Beanworks experienced swift growth over the past few years. It expanded its revenue 725% to $2.3 million in 2019 from $279,000 in 2015. Despite the pandemic, it grew 70% in 2020.

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April 8, 2021

Beanworks Helps Hotels within Radisson Hotel Group Americas Portfolio Streamline Accounts Payable (AP) Workflows

Several locations within the Radisson Hotel Group Americas managed portfolio have turned to Beanworks for quicker and simpler AP workflows.

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April 8, 2021

CIOs cash in on COVID heroics

“The crash course that many CIOs have taken on how to operate effectively while being fully remote has definitely raised the bar of capability in the industry.” – Tracy Huitika, CIO at Beanworks shares how tech leaders’ response to the pandemic has increased their visibility and importance.

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March 30, 2021

Taking A Communications Approach To AR-AP Connectivity

Exchanging information and data is at the cornerstone of automation, especially in areas like AP and AR. So for Quadient, an organization that helps its business clients manage those communications, it seemed a natural fit to acquire AP automation company Beanworks and AR automation company YayPay.

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March 30, 2021

Beanworks accounts payable review

“There’s a lot to like about Beanworks thanks to its impressive array of tools that allows for more efficient handling of purchase orders, invoicing, payments and expenses too.”

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March 25, 2021

Beanworks Announces Acquisition by Quadient to Advance Growth as an Essential Tool for Accounting Teams Worldwide

Despite the global pandemic, Beanworks saw 70% year-over-year revenue growth in 2020, triggered by accounting teams’ growing reliance on digital solutions. Beanworks empowers accounting teams to succeed, with over 800 customers processing more than $14.2 billion USD a year through the platform.

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March 24, 2021

Fintech Startup Beanworks to be Acquired by Quadient for $104 Million CAD

“By combining our expertise with Quadient’s global reach, R&D firepower and investments in AI technology, we will continue to live out our mission to support accounting teams everywhere.” – Catherine Dahl, CEO of Beanworks.

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March 24, 2021

Quadient acquires Beanworks

Quadient, a customer relationship management company based in France, has acquired Beanworks for approximately $82.9 million. Headquartered in Vancouver, Canada, Beanworks provides accounts payable automation software.

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March 23, 2021

Quadient acquires venture-backed Beanworks for €70M

Quadient announced the acquisition of Beanworks, a leading FinTech in SaaS Accounts Payable automation solutions.

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March 23, 2021

Vancouver Fintech Beanworks Set for $105M Acquisition by French Enterprise Services Company Quadient SA ADR

Beanworks focuses on offering accounts payable software and was notably one of British Columbia’s fastest-growing businesses last year with a reported 5-year turnover increase of 725%.

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March 22, 2021

Quadient Announces the Acquisition of Beanworks, a Leading FinTech in SaaS Accounts Payable Automation Solutions

Quadient, a leader in helping businesses create meaningful customer connections through digital and physical channels, announces today the signing of a definitive agreement to acquire Beanworks, a fast-growing market leader specializing in Software as a Service (SaaS) Accounts Payable Automation solutions.

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March 22, 2021

Quadient acquires SaaS AP automation solution provider Beanworks

The acquisition of Beanworks brings advanced cloud-based Accounts Payable automation capabilities to Quadient’s best-of-breed business communications management suite featuring Quadient Inspire and Quadient Impress.

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March 22, 2021

Vancouver fintech Beanworks to be acquired for $105m

French enterprise services firm Quadient SA ADR revealed Monday it’s buying a 96% stake in B.C.’s Beanworks Solutions Inc. for what it describes as “slightly above” €70 million.
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March 22, 2021

Quadient Purchases AP Tech Firm Beanworks

Quadient has inked a definitive deal to purchase accounts payable (AP) automation technology company Beanworks.

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March 22, 2021

Quadient Announces the Acquisition of Beanworks, a Leading FinTech in SaaS Accounts Payable Automation Solutions

“The acquisition of Beanworks completes Quadient’s software vision communicated in early 2019 to create a true end-to-end cloud-based global business communications platform.” – Geoffrey Godet, chief executive officer of Quadient.

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March 22, 2021

Quadient Announces the Acquisition of Beanworks, a Leading FinTech in SaaS Accounts Payable Automation Solutions

“We are excited to join the Quadient team. Empowering accounting teams to succeed is what we do at Beanworks, and now with Quadient we will continue to bring our passion for all things AP globally making Beanworks the essential tool for the world’s accounting teams.” – Catherine Dahl, CEO of Beanworks.

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March 15, 2021

Women in Fintech: Beanworks CEO Catherine Dahl

Although Beanworks saw a drop in revenue in Q2 2020 due to the COVID-19 pandemic, it was then able to persevere through the tough year to see its best sales year ever, Beanworks CEO Catherine Dahl said in an interview with Finledger.

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March 11, 2021

Beanworks Adds AI Capability To Automated Accounts Payable Solution

Beanworks announced the introduction of artificial intelligence (AI) to its data capture functionality, radically increasing the speed and accuracy of customers’ data entry.

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March 10, 2021

Beanworks Introduces Artificial Intelligence (AI) Capability, Bolstering Speed and Accuracy of Automated Accounts Payable (AP) Solution

SmartCapture offers 99%+ accuracy and reduces the time accounting teams spend on data entry by more than 80%.

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March 10, 2021

Beanworks Bolsters Accounts Payable Offering With AI

Beanworks has debuted its SmartCapture artificial intelligence (AI)-enabled capability.  It offers over 99 percent accuracy and it allows AP workflows to be finished expediently.

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March 5, 2021

Accounts Payable Fraud: Where to Spot It, and How to Prevent It

Before your business returns to “normal”, here’s how you can prepare for the new-age financial threats.

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February 23, 2021

What IT Leaders Are Doing to Boost Blacks in Tech

“At Beanworks, we understand the value that diversity brings to the team, and we live it. I’ve worked in high tech for more than 20 years, and I’ve never seen a more fair approach to hiring, recognition, and promotion.” – Tracy Hutika, CIO, Beanworks

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January 29, 2021

Catherine Dahl of Beanworks: “My tricks of the trade”

“My tricks of the trade: take regular breaks throughout the workday, take vacations every quarter when possible and, now during the global pandemic, stick a mask on and go for a walk!” – Beanworks CEO, Catherine Dahl.

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January 25, 2021

Catherine Dahl of Beanworks: 5 Things You Should Do To Become a Thought Leader In Your Industry

Catherine Dahl shared leadership lessons with Authority Magazine. “You can’t be a thought leader without domain expertise. Subject mastery, and a strong perspective on that subject, are critical first steps on the road to thought leadership.”

 

 

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January 20, 2021

How HR Can Help Promote a Caring Culture

HR’s role has become increasingly strategic and part of that requires focusing on truly supporting employees. Our co-founder, Tracy Thompson speaks with Catherine Gordon, from the Canuck Place Children’s Hospice about how HR practices are evolving.

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December 22, 2020

How These Fintechs Are Innovating Expense Management

Beanworks launched its expense reimbursements feature that aims to help companies automate how they receive and process employee expenses.

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December 18, 2020

Microsoft Dynamics Partner Roundup: AP automation for GP; Customer data quality; Preferred solution

Beanworks has released an integration for Microsoft Dynamics GP. The automation provides teams with an overview of the AP process with a digital audit trail of every AP document and the approval history.

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December 17, 2020

Beanworks Launches AP Automation for Microsoft Dynamics GP

The new integration simplifies AP processes for teams using Microsoft Dynamics GP. The software eliminates the vast majority of burdensome data entry, and automatically routes AP documents for approval.

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November 25, 2020

Beanworks’ New Feature for Employee Expense Processing

“As companies ‘normalize’ a remote culture for staff, having the ability to submit expense reports online and receive payments electronically is going to further enhance the remote efficiencies of any business.” – Beanworks CEO, Catherine Dahl.

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November 25, 2020

AP Software Firm Beanworks Debuts Expense Reimbursement Function

Beanworks has rolled out a function for expense reimbursements to assist companies in automating how they get and handle staffer expenditures. The new function lets staffers send in receipts for their expenditures digitally through the Beanworks mobile program or website.

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November 24, 2020

Beanworks Announces New Feature to Automate Employee Expenses Processing for Remote Teams

The Expense Reimbursement feature removes the need for manual processing, allows employees to submit receipts on the go, and provides greater accuracy and transparency for finance teams.

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November 17, 2020

Cambridge, Beanworks Continue X-Border Payment Partnership

“Through this partnership, we offer organizations even greater control and visibility of their global AP processes from purchase to payment,” – Beanworks CEO, Catherine Dahl said in the announcement.

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November 17, 2020

Cambridge Global Payments and Beanworks Pave the Way for Cross Border Payments and AP Automation

Through the combination of Beanworks’ AP solution and Cambridge’s payments technology, users will have the ability to reconcile purchase orders and invoices side-by-side before proceeding directly to payment in over 145 currencies.

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November 16, 2020

Why the Tech Revolution in Accounting Is Only Just Starting

“The pandemic has only hastened the beginning of a tech revolution in accounting and highlighted the need for cloud adoption and automation of many tasks.” – Beanworks CEO, Catherine Dahl on the tech revolution in accounting.

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November 2, 2020

Digital.com Announces Best Payment Processing Services of 2020

Beanworks is one of the best payment processing services of 2020 according to Digital.com.

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October 30, 2020

BIV’s 2020 Forty under 40 winners announced

Congratulations to our CTO & Co-Founder, Reza Senaie for being the 2020 Business in Vancouver Forty Under 40 recipient!

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October 21, 2020

CIX Top 20 Company, Beanworks Wins Canadian Regional Competition for Startup World Cup 2020

Startup World Cup Canada Regional judges selected Beanworks from the 2020 CIX Top 20 Early inductee companies.

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September 28, 2020

Canadian Leaders Step Up to Prioritize Equal Pay Through Unbounce ‘Pay Up for Progress’ Initiative

Beanworks is making equal pay a priority by taking the #PayUpForProgress pledge with Unbounce and other Canadian tech firms.

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September 21, 2020

Beanworks Enhances Rent Manager Integration With Payments Automation for the Property Management Industry

Our latest enhancement with property management software, Rent Manager, offers an entirely paperless AP experience – from purchase orders to payments. See all the benefits here.

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September 14, 2020

CIX Top 20 Early Growth Startup

Beanworks selected in the Top 20 list of Canada’s growth and innovative tech startups by CIX.

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September 9, 2020

Top 100 fastest-growing companies in B.C. in 2020

Our team at Beanworks is proud to be recognized as the 8th fastest growing company in B.C.

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August 25, 2020

Why Bring Accounting to the Cloud Amidst the Pandemic?

54% of accountants say they have been working longer hours since the beginning of the pandemic. How can adopting new technology make accounting less stressful during the pandemic?
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July 31, 2020

Canada’s Podcast In Conversation With Karim Ben-Jaafar

Beanworks President, Karim Ben-Jaafar talks about growth strategies to consider during a ‘bear market’ (recession) such as cashflow and anticipated recovery timeframes.

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July 30, 2020

How Cloud Technology Can Support Remote Work for Accountants

For accountants who are prone to suffering from stress or burn out, cloud technology can help them stay connected, learn new skills, work from any location, and have more flexibility around their schedule.

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July 10, 2020

Why All Accounting Should be Moved to the Cloud

The pandemic should make every company move their accounting processes to the cloud. However, many who have spent years growing comfortable with old processes think that it’s difficult to do so – but they couldn’t be more wrong. Beanworks CEO, Catherine Dahl, explains why.

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July 9, 2020

StartupBeat’s 20 Under 50 Female Leaders In Tech

Congratulations to this power-packed list of female leaders, including Beanworks CEO, Catherine Dahl, that are setting the stage for the next generation of female STEM and tech leaders.

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June 10, 2020

INSIGHT: Why Accountants Need to Adapt to Cloud Technology During COVID-19

The entire world is transitioning to remote work largely in the cloud. However, it’s not always the easiest process to completely upturn your traditional processes. Here are some best practices for transitioning to remote work.

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June 10, 2020

Beanworks Partners with Nvoicepay Power for Accounts Payable

Through this strategic partnership, the companies are offering an enhanced payments platform for the US market that will help businesses operate efficiency with a completely digital payment workflow for remote payment approvals and payment processes as the global economy transitions into the cloud.

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June 10, 2020

Beanworks, Nvoicepay Offering Digital Payments Platform

Nvoicepay and Beanworks are partnering to offer a payment platform with a digital workflow for payment approvals and processes to help businesses in the U.S. operate more efficiently.

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April 28, 2020

BC Tech unveils finalists for 2020 Technology Impact Awards

With British Columbia’s tech community uniting like never before amid the COVID-19 pandemic, the BC Tech Association (BC Tech) is especially proud to announce the finalists for the 2020 Technology Impact Awards (TIAs).

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April 17, 2020

Accounting Departments and Firms Reveal What They Look Forward to in 2020!

To meet this ever-increasing demand and stay ahead of their competitors, accounting firms need to update their processes on a consistent basis through technology and innovation, along with working on marketing strategies to gain a competitive edge. So, let’s get started and figure out what exactly are the accounting firms looking forward to in 2020!

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April 11, 2020

“5 Things I Wish Someone Told Me Before I Became CEO of Beanworks,” With Catherine Dahl

Catherine strives to help build a business process company that designs and delivers disruptive SaaS solutions to the world of Finance.

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March 26, 2020

“5 Things I Wish Someone Told Me Before I Became CEO of Beanworks,” With Catherine Dahl

“Leaders are readers — Read Scaling Up books:A great book that I found out a couple of years in called Scaling Up. Another one along those lines which only came out in 2018, is called the 3HAG Way. I wish I could have read it and planned the company by following the guidelines in these books from the start.” – Catherine Dahl

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February 18, 2020

The Entrepreneurs: 5 Women to Watch

How they built their businesses, in diverse fields ranging from aerospace to investment management.

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February 3, 2020

Voices Automating AP for firms and SMB clients: Three key steps

For firms serving small businesses, success is largely defined by the ability to cut down unnecessary costs and allocate resources effectively. One of the easiest but often-overlooked ways of doing so is through the automation of manual, tedious processes that clog up workloads and tie down resources.

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January 7, 2020

How SMEs Can Optimize their Accounts Payable to Drive Down Back-Office Costs

By choosing the right solution, small and mid-size enterprises (SMEs) can optimize their AP, drive more revenue, and constantly keep their fingers on the pulse of everyday operations.

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October 17, 2019

Why More than Big Businesses Should Automate

Automation has quickly become a crucial way for businesses to stay competitive in 2019, finding popular use cases across industries as more useful tools are created.

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September 11, 2019

How technology can improve company oversight and efficiency

Traditional oversight measures often lack the capability to supervise large quantities of assets.

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August 20, 2019

13th Fastest Growing Company in British Columbia

Beanworks was listed as the 13th fastest growing company in BC for 2019 by Business In Vancouver.

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July 30, 2019

SMEs Can Save $12 and 40 Days Processing Time On Each Invoice By Automating Their Accounts Payable

Beanworks AP and Levvel Research today announced the release of their collaborative report entitled, “Mature Accounts Payable for the Small and Mid-Size Enterprise.” The report looked at trends in automation processes amongst SMEs, finding that through automation, SMEs can save time and money in the AP processes.

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July 23, 2019

Why companies need to digitally transform their accounts payable

The tried and true process of putting pen to paper has persisted with accounts payable solutions throughout much of the previous century. As digital transformation has swept through the majority of industries, accounts payable has largely remained the same — even across remote locations where the need is great.

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July 12, 2019

What women entrepreneurs think about gender diversity and quotas

While some acknowledge that legislation can lead to progress, it doesn’t always address the root cause of lack of gender diversity in company leadership and on boards.

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June 25, 2019

Token hires don’t help diversity, making core changes does

Discussing diversity and inclusion (D&I) practices in the workplace can be a delicate subject — but it shouldn’t be. Rather than dance around the subject or get defensive about the reason for the imbalance, HR leaders and CEOs must make a conscious and active effort to openly discuss how best to tackle the issue.

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June 18, 2019

Cultivating equality: how new entrepreneurs can grow diversity from within

Diversity in 2019 is a vastly different concept than in generations prior. We may have progressed, but many inequalities often remain ingrained into the very foundations of workplace environments.

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May 24, 2019

Mergers and divisions that could shake up the global accountancy industry

Catherine Dahl, Beanworks CEO, spoke to Startupbeat.com about how AI and audit automation will have an impact on breaking up the oligopoly of global accounting firms, and how this will have a positive impact for consumers.

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March 28, 2019

BC Business Magazine

Catherine Dahl, Beanworks CEO, is recognized as one of B.C.’s Most Influential Women in Finance by BC Business Magazine.

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March 4, 2019

Why diverse businesses make the most talented companies

We are currently experiencing a paradigm shift. Companies are slowly waking up to the fact that women are a vital aspect of any business, a fact that has been overlooked for many years. However, as we strive to put more women in positions of power, a question has arisen – should a business’ pursuit for diversity trump skills, talent, or experience?

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February 28, 2019

Accounts payable automation: Fighting fraud one payment at a time

Automation technology has helped spruce up finance software and online tools, says Catherine Dahl, of Beanworks, but automation of accounts payable has lagged behind, leaving the process painfully tedious and manual.

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February 22, 2019

The Key To Unlocking Business Growth

Female empowerment in the workplace should not be considered an obligation, but an opportunity.

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October 2, 2018

Beanworks Raises $10.1 Million Series B To Automate Accounting

Vancouver-based Beanworks, which allows accounting teams to automate redundant tasks, has raised a $10.1 million Series B round. The round was led by FINTOP Capital, with participation from BDC Capital’s Women in Technology Fund.

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October 2, 2018

Beanworks Raises $10.1 Million in Series B Funding

Vancouver-based Beanworks, an accounts payable (AP) automation company, has raised $10.1 million in a Series B funding round.

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October 1, 2018

Beanworks Champions Gender Diversity As Strategy for Business Growth

Keeping a balance is an important aspect of almost everything in life. Nature, diet, exercise and life are all best when kept in harmony with the right amount of balance, and the workplace is no different. In fact, it was recently found that having a gender-diverse board of directors can help to protect the environment.

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October 1, 2018

Gender-diverse fintech company Beanworks closes $7.7M (USD) Series B

Beanworks, a Canadian fintech and SaaS company, closes a $7.7 million Series B round, citing a culture of gender diversity and inclusion as part of its business growth strategy.

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October 2, 2017

Beanworks CEO Catherine Dahl Receives Startup Canada BC Regional Award

The results of the fourth annual Startup Canada Awards were recently announced in regional ceremonies across the country. Beanworks CEO Catherine Dahl took home the Woman Entrepreneurship Award, presented by Business Development Bank of Canada (BDC), as one of one of the 2017 BC Regional Winners.

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August 22, 2017

Beanworks Named to BIV’s Top 100 Fastest Growing Companies in BC List

Business in Vancouver’s annual inventory of the 100 fastest-growing companies in the province includes a wide range of entrepreneurs and companies representing sectors across BC’s business spectrum.

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August 15, 2017

Startup Podcast: Driving Fintech in Gastown with Beanworks’ Catherine Dahl

In this week’s #StartupPodcast, host Rivers Corbett talks to Dahl about what it means to innovate traditional finance and how this Gastown startup is giving back.

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June 9, 2017

Beanworks Scores Innovative Investment from Vancouver’s TIMIA Capital

Vancouver-based accounting software company Beanworks has closed a $4.5-million round of funding. The company says the cash injection will help fund its growth in the wake of its recent partnership with Sage Accounting.

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June 7, 2017

BIV on Roundhouse: Catherine Dahl

Beanworks CEO Catherine Dahl talks about growth potential in Vancouver’s tech scene after her startup just raised $4.5 million in funding in this episode of BIV on Roundhouse Radio.

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June 7, 2017

Beanworks Climbs AP Automation Market With Fresh Funding

Accounting and accounts payable management company Beanworks, based in Canada, secured new funding, the company said Tuesday, June 6.

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June 2, 2017

Beanworks Raises Series A to Automate Accounting

Beanworks has raised a Series A round of funding. The Vancouver startup secured $4.5 million in capital. The round was led by Vancouver Founder Fund and TIMIA Capital.

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June 2, 2017

Beanworks Raises $4.5 million Series A, Adds New VPs

Vancouver-based Beanworks has raised a $4.5 million Series A. The round was led by the Vancouver Founder Fund and TIMIA Capital.

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June 2, 2017

Beanworks CEO Smashes Glass Ceiling to Secure Series A Funding

Beanworks is now the beneficiary of $4.5M in Series A funding, led by Vancouver Founder Fund and TIMIA Capital.

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April 18, 2017

Ask The Thought Leaders: What’s the Future of SaaS?

Beanworks CEO Catherine Dahl talks about her predictions for the future of SaaS in this think piece from The Future of Everything.

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