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.) (Jan 2021) | 85 | (+2%) |
| Cybersecurity rating | B | 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 - Revenue Operations
Beanworks Office Locations
Beanworks has an office in Vancouver
Vancouver, CA (HQ)
300-311 W Pender St
Beanworks Financials and Metrics
Summary Metrics
Founding Date | 2012 |
Beanworks total Funding | $12.2 m |
Beanworks latest funding size | $7.70 m |
Time since last funding | 2 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
1.04k Twitter followers
Beanworks has 1.04k Twitter Followers. The number of followers has decreased 0.1% month over month and increased 0.4% quarter over quarter
Beanworks's Trends
Twitter Engagement Stats for @BeanworksAP
1.3k
Tweets
792
Following
1k
Followers
11
Tweets last 30 days
0.7
Avg. likes per Tweet
63.6%
Tweets with engagement
Beanworks News and Updates
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
January 14, 2021
Why AP Teams Will Continue Working From Home in 2021 – And That’s Okay
At the start of the pandemic, 88% of businesses worldwide made their employees work from home and many are still there. Accountants are unlikely to head back to the office. It is a challenge to process paper invoices and check payments when your team is at home.
The post Why AP Teams Will Continue …
January 12, 2021
Why the Association for Institutional Research (AIR) Ditched Manual AP for the Cloud
AIR uses Beanworks’ ACH system to make payments and it has cut down delays drastically. Their team is only spending 2-3% of their day on this workflow now.
The post Why the Association for Institutional Research (AIR) Ditched Manual AP for the Cloud appeared first on Beanworks.
January 06, 2021
Accountants Are Returning “Back to Normal” And That’s a Problem
A survey conducted with 250+ CFOs during COVID-19 found that seven in ten accounting teams were spending 520 hours per year on manual accounts payable.
The post Accountants Are Returning “Back to Normal” And That’s a Problem appeared first on Beanworks.
December 31, 2020
Meet 2021’s CFO: A Data-Minded And Future-Forward Leader
We interviewed top finance professionals to understand how their role will evolve in 2021. From anticipating customer needs and keeping an eye on competition, to data-mining and analytics, here’s what these leaders had to say.
The post Meet 2021’s CFO: A Data-Minded And Future-Forward Leader appeare…
December 21, 2020
This Savvy Accounting Team Saved 3-5 Minutes in Processing Per Invoice
As Homepoint continues to grow, the amount of data the company has to process continues to multiply. Learn how they added unlimited users, customized approval channels and saved 3-5 Minutes in processing per invoice.
The post This Savvy Accounting Team Saved 3-5 Minutes in Processing Per Invoice app…
December 09, 2020
“Reconciling expenses now takes 30 seconds” – Athabasca Catering’s Expenses Transformation
Industrial caterers, Athabasca Catering were able to go paperless and simplify their expenses, PO and invoices processes with Beanworks.
The post “Reconciling expenses now takes 30 seconds” – Athabasca Catering’s Expenses Transformation appeared first on Beanworks.
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 85 employees.
Who are Beanworks competitors?
Competitors of Beanworks include AvidXchange, ONE PM and PaxFamilia.
Where is Beanworks headquarters?
Beanworks headquarters is located at 300-311 W Pender 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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