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.
TypePrivate
Founded2012
HQVancouver, CA
Websitebeanworks.com
Employee Ratings4.8

Latest Updates

Employees (est.) (Jan 2021)85(+2%)
Cybersecurity ratingBMore

Key People/Management at Beanworks

Catherine Dahl

Catherine Dahl

Chief Executive Officer, Director
Karim Ben-Jaafar

Karim Ben-Jaafar

CRO & President
Tracy Huitika

Tracy Huitika

CIO, Engineering & Data
Steven Lee

Steven Lee

VP of Finance
Meena Sandhu

Meena Sandhu

SVP of Growth
Peter Drummond

Peter Drummond

Vice President - Revenue Operations
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Beanworks Office Locations

Beanworks has an office in Vancouver
Vancouver, CA (HQ)
300-311 W Pender St
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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

Beanworks's latest funding round in September 2018 was reported to be $7.7 m. In total, Beanworks has raised $12.2 m
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Beanworks Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Beanworks Online and Social Media Presence

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Beanworks News and Updates

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

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 …

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.

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.

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…

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…

“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.
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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.