Beanworks
OverviewSuggest Edit
Beanworks is a company that provides a cloud-based accounts payable automation solution. Its platform enables companies to eliminate paperwork and reduce invoice processing costs.
| Type | Private | |
| Founded | 2012 | |
| HQ | Vancouver, CA | Map |
| Website | beanworks.com | |
| Employee Ratings | More |
Latest Updates
| Employees (est.) (Sept 2021) | 99 | |
| Cybersecurity rating | A | More |
Key People/Management at Beanworks
Catherine Dahl
Chief Executive Officer, Director
Karim Ben-Jaafar
CRO & President
Tracy Huitika
CIO, Engineering & Data
Steven Lee
VP of Finance
Meena Sandhu
SVP of Growth
Peter Drummond
Vice President of Sales
Beanworks Office Locations
Beanworks has an office in Vancouver
Vancouver, CA (HQ)
1159 Hamilton St
Beanworks Financials and Metrics
Summary Metrics
Founding Date | 2012 |
Beanworks total Funding | $12.2 m |
Beanworks latest funding size | $7.7 m |
Time since last funding | 3 years ago |
Beanworks investors | TIMIA Capital, FINTOP Capital, BDC Capital Women in Technology (WIT) Fund, Rhino Ventures |
Beanworks's latest funding round in September 2018 was reported to be $7.7 m. In total, Beanworks has raised $12.2 m
Beanworks Cybersecurity Score
Beanworks Online and Social Media Presence
1.09k Twitter followers
Beanworks has 1.09k Twitter Followers. The number of followers has increased 0.3% month over month and increased 0.5% quarter over quarter
Beanworks's Trends
Twitter Engagement Stats for @BeanworksAP
1.4k
Tweets
793
Following
1.1k
Followers
10
Tweets last 30 days
0.2
Avg. likes per Tweet
70%
Tweets with engagement
Beanworks News and Updates
March 23, 2021
FinTech startup Beanworks to be acquired by Quadient for $104 million CAD
Vancouver-based FinTech startup Beanworks is set to be acquired by French enterprise company Quadient for $104 million CAD ($70 million EUR). The all-cash deal...
March 22, 2021
Quadient Announces the Acquisition of Beanworks, a Leading FinTech in SaaS Accounts Payable Automation Solutions
Quadient Announces the Acquisition of Beanworks, a Leading FinTech in SaaS Accounts Payable Automation Solutions
November 24, 2020
Beanworks Announces New Feature to Automate Employee Expenses Processing for Remote Teams
The 'Expense Reimbursement' functionality removes the need for manual processing, allows employees to upload receipts on the go, and provides greater accuracy and transparency for finance teams
Beanworks Blogs
September 09, 2021
ICBA on AP Automation: “Things Don’t Slip Between the Cracks Anymore”
Enforcing financial controls such as departmental budget spend can be hard when organizations rely on paper. But with AP automation software, finance chiefs can easily set such rules.
The post ICBA on AP Automation: “Things Don’t Slip Between the Cracks Anymore” appeared first on Beanworks by Quadie…
September 02, 2021
Why the Return to a “Hybrid” Office is a Good Sign for Finance Teams
Data from Google suggests that workplace activity in major cities including London, New York and San Francisco is 50% below its pre-pandemic level. With over 15 months spent working from home, the global workforce is calling for a solid work-life balance, as companies adjust to the new landscape.
Th…
August 09, 2021
Canadian Seed Growers’ Association Reduces Its Manual Practices – “Our Processes Are Almost Entirely Electronic”
As for the pandemic and the transition to remote working, CSGA admits that the automation with Beanworks software was key to bettering its organizational capacity and financial system infrastructure.
The post Canadian Seed Growers’ Association Reduces Its Manual Practices – “Our Processes Are Almost…
August 06, 2021
Why Storing Paper Accounting Documents Doesn’t Work – and How to Fix it
When AP documents are not available at hand, accounting teams often face delays closing month-end, or rush to close the books without confidence. In a recent survey, 70% of finance leaders admitted that they’ve made decisions based on inaccurate information.
The post Why Storing Paper Accounting Do…
August 04, 2021
Accountants, Meet Your New Best Friend – AI Data Capture
Beanworks’ AI-powered technology extracts invoice information, so accountants can skip coding line item details including descriptions, unit costs and quantities. It provides more than 99% accuracy and reduces data entry time by over 80%.
The post Accountants, Meet Your New Best Friend – AI Data Cap…
July 29, 2021
The Case For Phasing Out Checks For Good
Checks are still the primary payment method in B2B payments, accounting for 40% of all transactions. This stands in stark contrast to the digital experience today’s organizations are striving to build.
The post The Case For Phasing Out Checks For Good appeared first on Beanworks by Quadient.
Beanworks Frequently Asked Questions
When was Beanworks founded?
Beanworks was founded in 2012.
Who are Beanworks key executives?
Beanworks's key executives are Catherine Dahl, Karim Ben-Jaafar and Tracy Huitika.
How many employees does Beanworks have?
Beanworks has 99 employees.
Who are Beanworks competitors?
Competitors of Beanworks include AvidXchange, ONE PM and PaxFamilia.
Where is Beanworks headquarters?
Beanworks headquarters is located at 1159 Hamilton St, Vancouver.
Where are Beanworks offices?
Beanworks has an office in Vancouver.
How many offices does Beanworks have?
Beanworks has 1 office.
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