Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • Early payment discounts are a time-honored tradition in business-to-business (B2B) transactions. Suppliers who offer these types of discounts win by getting paid faster, thereby improving their cash flow, and companies that are able to take advantage of these discounts get the cost savings. But are early payment discounts really the best way for businesses to... The post Virtual Credit Cards Are t...

Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • 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... The post Why Accounting Firms N...

Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • Lexington Country Club is a private gated community located in southwest Florida, just a short drive away from sandy white beaches on the Gulf of Mexico and from the business and entertainment districts of Fort Myers. With more than 1400 residents living on the club grounds, staff at the club are kept very busy and... The post Lexington Country Club Streamlines their Accounts Payable Process and A...

Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • In the hospitality sector, accounting roles in the financial back office are changing. With new technologies like automation, AI, and machine learning, manual processes are being increasingly managed through technological solutions. Soon, tasks like data entry and data processing will be handled entirely by software, rather than accounting staff, and already, many hotels, clubs and... The post Hos...

Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • In a survey released by APEX Analytix last month, 170 companies answered questions about their specific accounts payable (AP) policies and practices.  The Financial Leaders’ Benchmarking Report shared insights into how much AP has transformed globally in the last few years, and where it may be headed. First touching on invoice processing, the report showed... The post New Report Shows the Average ...

Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • With the mobile app, Beanworks customers can now upload and approve invoices from anywhere in the world on their smartphones. The app provides a mobile-first experience, that makes processing invoices easier than ever. The Beanworks mobile app is an extension of our cloud-based web application, and uses our secure API for data synchronization between the... The post Beanworks Mobile App Has Launch...

Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • Remote working is not limited to startups anymore. Companies of all sizes are now seeing the benefits of flexible employee working arrangements. As of 2016, 43% of Americans surveyed say they spent at least some time working remotely last year, according to a recent Gallup survey. Why are companies going remote? There’s actually a long list... The post Managing Accounts Payable for a Distributed W...

Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • Accounting teams across North America rely too heavily on paper checks as their primary form of payment to vendors. Not only does check processing involve plenty of manual work, but at high volumes check runs can be a large drain on a company’s resources and time. Electronic payments are a much-needed alternative to checks, but... The post The Biggest Barrier to Entry for Electronic B2B Payments i...

Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • 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 the 2017 BC Regional Winners. This year’s regional awards list for BC included nine entrepreneurs and... The post Beanworks CEO Catherine D...

Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • Managers in the hospitality industry have so many competing demands on their time and attention, that it’s difficult to see where process inefficiencies exist. One area that often goes overlooked is the accounting department, a reliable mainstay in every hospitality business. Whether your accounting operations are centralized at a head office, or you have an... The post Bringing Accounting Innovat...

Beanworks Solutions Inc
Beanworks Solutions Inc
Landing Page

Beanworks for Hospitality

 
Beanworks Solutions Inc
Beanworks Solutions Inc
Landing Page

Ready to Automate Your Accounts Payable Workflow with Sage AP Automation

 
Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • Does your accounting team fill a strategic role at your company? From a survey of business leaders in the UK, over one-third (34%) of those surveyed feel that their accounting departments are undervalued and underutilized. At the same time, 82% of CFOs are keen to adopt cloud applications as a way to move their businesses... The post Making Data-Driven Financial Decisions for your Business with Ac...

Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • Email overload is a very real phenomenon for businesses these days. Global research company, The Radicati Group, reports that by 2018, over 139.4 billion business emails will be sent and received per day worldwide. On average, employees send and receive 97 emails per day, but that number is expected to climb to 140 per day... The post Creating Connections: Accounts Payable Automation Makes Collabo...

Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • This past August, accounts payable staff at MacEwan University in Edmonton made a simple change to vendor banking information that ended up costing the university $11.8 million. In June, an email was sent to MacEwan staff from what appeared to be a known vendor, Clark Builders, which had been working with MacEwan on various construction... The post How to Combat Payment Fraud with Accounts Payable...

Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • Each year Business in Vancouver compiles a list of the 100 fastest growing companies in British Columbia. This year’s list, published in August, includes a stellar line-up of both list veterans and new entrants. Beanworks is proud to have entered the list for the first time this year, ranking as the twelfth fastest growing company... The post Beanworks Named to BIV’s Top 100 Fastest Growing Compan...

Beanworks Solutions Inc
Beanworks Solutions Inc
Landing Page

New mobile optimized landing page detected

 
Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • Technological disruption and adaptation can be difficult, particularly for those who work in traditionally regulated industries like financial services. However, Sage reports that an overwhelming majority of accountants (86%) are ready to embrace emerging technologies. In their recent survey, The Practice of Now, 700 accountants were surveyed about technological advancements in accounting and thei...

Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • Fatigue Science is an innovative company that uses biomathematical science and wearable technology to measure occupational fatigue. With their fatigue model, they track a variety of sleep factors, like quality and circadian rhythms, to predict how fatigue will evolve over time. For their clients, which include professional sports teams, heavy industry companies, and the military,... The post Fatig...

Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • Accounting teams across the globe are consistently under-served by antiquated technology, most of which is decades old. They are asked to do more with less. With these pressures and the arrival of cloud computing, accounting teams are beginning to see that accounting workflows can be better optimized. Traditional, manual financial workflows are moving towards automation... The post Work Smarter, N...

Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • Back in 2012, the ACCA (the Association of Chartered Certified Accountants) put out a report on the changing role of the CFO, which predicted CFOs would be spending “less time on recording and verifying the numbers, and more time making the data connections and explaining the number implications to the business – applying the finance... The post How Automation is Changing the Role of CFOs appeared...

Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • For public accountants, month-end is a stressful time, characterized by long hours of overtime and punctuated by last-minute scrambles for missing information. As a regular financial health check, the month-end close process is essential to businesses. It’s through this process that businesses reconcile, aggregate, and report on their financial information. However, 87% of accounting professionals...

Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • Our product team has been busy over the last few months, adding new integrations to the Beanworks suite. We detail each of these new and upcoming integrations below: Northstar Integration Now Available We’re excited to announce that Northstar customers can now automate their accounts payable processes with Beanworks. Northstar supports the end-to-end business operations of a club and is... The pos...

Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • Automation is not a new concept in accounting, but it’s often one that is viewed with some measure of skepticism. While the media is keen to push the concept of robot accountants taking over the industry, the reality is something quite different. With the advent of technologies like artificial intelligence, machine learning and robotics, we’ve... The post What Automation Really Means for Accountan...

Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • 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... The po...

Beanworks Solutions Inc
Beanworks Solutions Inc
Landing Page

New landing page detected.

 
Beanworks Solutions Inc
Beanworks Solutions Inc
Blog Post
  • Vancouver, BC – Catherine Dahl is the CEO and co-founder of Beanworks, an accounting automation company whose innovative platform connects mid-sized enterprises from invoice to payment. Beanworks is now the beneficiary of $4.5M in Series A funding, led by Vancouver Founder Fund and TIMIA Capital. Revolutionizing the way companies manage their accounts payable workflows and... The post Beanworks CE...

Out-Market Your Competitors?

Get complete competitive insights on over 2.2 million companies to drive your marketing strategy.

Create Free Account Log in

By signing up, you agree to the Terms of Service and Privacy Policy.

Out-Market Your Competitors

Get complete competitive insights on over 2.2 million companies to drive your marketing strategy.

Create Free Account

Already a user?  Log in

By signing up, you agree to the Terms of Service and Privacy Policy.