Bench

About Bench

Trusted by the world’s best companies, Bench is made available as an all-in-one financial toolkit/bookkeeping service provider. It assigns real humans as bookkeepers, helping out the small businesses and their team of experts to import bank statements and prepare financial statements every month. The software further helps users to get a direct line to their internal team on desktop or mobile. Also, organisations can depend on Bench’s premium services to get expert tax prep, filing and year-round tax advisory support. Furthermore, monthly financial statements and expense overviews offered by the platform helps companies to stay in control of their money. The at-a-glance visual reports are very much helpful to get a clear overview of the bigger picture comprising actionable insights ensuring adequate business growth. Also, it ensures adequate security, processing integrity, availability, privacy and confidentiality of business data as a SOC 2 compliant portal.

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Pricing

Free Trial Not Available
Starts at $249.00.
View Detailed Pricing

SW Score Breakdown The SW Score breakdown shows individual score for product features.Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

90%
Reviews

90%
Momentum

71%
Popularity

89%

Platforms Supported

Browser Based (Cloud)
Mobile App (iOS)

Organization Types Supported

Small Business
Freelancers

API Support

Available

Modes of Support

Business Hours, Online

Bench Awards

# 9 Most Popular Software Accounting Software
Q2 2021

# 13 Highly Rated Accounting Software
Q2 2021

Bench Features

Show Feature Explanation

Show Missing Features

Accounting Features

Features: The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

90%

Tax Management

Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time

Spend Management

Managing the expenditure of a business in order to build its product or services

Project Accounting

Creation of financial reports specifically designed to track the financial progress of projects

Payroll

Handling the salary payable to the employees

General Ledger

Maintaining and recording all the accounting related transactions.

Expense Tracking

Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process.

CPA Firms

Offers collaboration with a professional expert for financial and consulting services.

Collections

Recovery of cash from a business or individual.

Cash Management

Collection and management of cash.

Bank Reconciliation

Matching the balances of an entity's accounting records with the corresponding information on a bank statement.

Accounts Receivable

Handling the money the client owes to the company.

Accounts Payable

Handling the money owed by a business to its suppliers.

Revenue Recognition

Determining the specific conditions under which revenue is recognized or accounted for

Purchasing

Acquiring goods or services required for the business at minimal cost

Multi-Currency

Enables payment and collection in multiple currencies.

Fixed Asset Management

Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence.

Billing and Invoicing

This feature helps in issuing and handling the invoice and bills.

Bench Pricing

Free Trial

Not available

Pricing Options

Premium Plans ( Subscription )

Pricing Plans

MONTHLY YEARLY

Essential $249.00 $299.00 per month

Features

Dedicated Bookkeeping Experts
Accurate Monthly Books and Year-end Tax-ready Financial Packages
P&L, Balance Sheet, and 1099 Reporting
Unlimited Communication with Your Bookkeeping Team

Premium $399.00 $499.00 per month

Features

Everything in Essential Plan, Plus:
Dedicated Team of Licensed Tax Professionals to File your Income Tax Return on Time
Annual Income Tax Filing for Businesses (Partnerships, S corps, C corps)
Annual Income Tax Filing for Individuals (Sole Proprietors, Contractors)

Screenshots of Vendor Pricing Page

Disclaimer: The pricing details were last updated on 11/07/2024 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

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Bench Reviews

User Rating

4.4/5 (Based on 1,405 Ratings)

Rating Distribution

Excellent
76.4%
Very Good
9.7%
Average
2.1%
Poor
2.3%
Terrible
9.5%

User Sentiments

Responsive Customer Service, Knowledgeable Bookkeepers, Easy to Use Interface, Time-Saving Automation

Inconsistent Bookkeeper Turnover, Delayed Bookkeeping Completion, Limited Functionality for Complex Businesses, Inaccurate Expense Categorization

Do You Use Bench?

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Review Summary

Overall, users generally praise Bench's user-friendly interface, ease of use, and helpful customer support. Many appreciate the simplicity and convenience of the platform, highlighting its user-friendly design and straightforward setup process. Bench's customer support is also frequently commended for its responsiveness and helpfulness. However, some users have expressed concerns regarding the accuracy and reliability of the bookkeeping services, with a few mentioning issues with categorizing transactions and occasional errors. Additionally, some users have noted that Bench's pricing may not be suitable for all businesses, particularly those with complex accounting needs.

Pros

Userfriendly interface: Bench's simple and intuitive interface makes it easy for users of all skill levels to manage their finances.
Affordable pricing: Bench's pricing plans are very affordable, making it a great option for small businesses and freelancers.
Excellent customer support: Bench's customer support team is responsive and helpful, and they are always willing to go the extra mile to help users.

Cons

Limited features: Bench does not offer as many features as some of the more expensive bookkeeping software options.
Can be timeconsuming: It can take some time to get used to Bench's system and to input all of your financial data.
No mobile app: Bench does not have a mobile app, which can be a disadvantage for users who want to access their finances on the go.

Bench Reviews

AI-Generated from the text of User Reviews

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