The sudden closure of Bench Accounting on December 27, 2024, has left many small business owners in a challenging position, seeking reliable bookkeeping services and bookkeeping software to manage their financial needs. (GeekWire)
In times of such unexpected transitions, it’s crucial to find a dependable partner who can seamlessly take over your financial management and accounting tasks with minimal disruption.
Understanding the Impact of Bench Accounting’s Closure
Bench Accounting, headquartered in Vancouver, B.C., was a prominent online bookkeeping service catering to thousands of small businesses across North America. The abrupt Bench shutdown has not only affected Bench customers but also led to significant job losses, with reports indicating that around 600 employees were impacted. (CityNews Vancouver}
For small business owners, this sudden loss of service can lead to:
- Disrupted Financial Management: Without immediate access to bookkeeping services, businesses may struggle with maintaining accurate financial records, which are essential for decision-making and compliance.
- Tax Preparation Challenges: With tax season approaching, the absence of a bookkeeping service and dedicated bookkeeper can complicate the preparation and filing of taxes, potentially leading to compliance issues.
- Operational Uncertainty: The need to quickly find a reliable replacement can divert time and resources away from core business activities.
Introducing Out of the Box Technology
In light of these challenges, it’s imperative to find a bookkeeping service that not only meets your immediate needs but also offers long-term reliability and personalized support. Out of the Box Technology (OOTB) stands out as a premier alternative for businesses seeking comprehensive bookkeeping and accounting solutions.
Why Choose Out of the Box Technology?
- Extensive Experience: With over 30 years in the industry and more than 50,000 satisfied clients, OOTB has a proven track record of delivering high-quality bookkeeping services.
- Personalized Support: OOTB assigns a dedicated outsourced bookkeeper who takes the time to understand your business, supporting not only the balance sheet but also your overall business goals.
- Comprehensive Services: From basic bookkeeping to complex QuickBooks integrations, OOTB offers a wide range of services tailored to meet the unique needs of each client.
- US-Based Team: OOTB’s team consists of over 40 US-based accountants, ensuring that your financial data is handled by professionals who understand the local business environment.
- Advanced Technology Integration: Leveraging cutting-edge accounting software, OOTB ensures efficient, accurate, and up-to-date financial records, helping businesses optimize their financial processes.
Transition Process
OOTB understands the urgency and sensitivity required during such transitions. Their approach includes:
- Data Migration Assistance: OOTB’s team will work closely with you to securely transfer your financial data, minimizing disruptions to your operations.
- Customized Onboarding Plan: They Ddevelop a transition plan tailored to your business, ensuring all your specific needs are met efficiently.
- Ongoing Support: With a focus on customer success, OOTB provides continuous support to help your business navigate the complexities of financial management.
Client Testimonials
“QuickBooks just simplifies things, like getting reports into my account and paying sales tax.” — Scott Klein, owner of JKL Concepts
“When everyone has access to current data, it facilitates conversations around budget and what people need. Good data is driving good conversations.” — Robert C, CFO, Sacramento Zoo
Flexible Pricing Options
Understanding that each business has unique financial needs, OOTB offers flexible pricing plans. Monthly bookkeeping packages start at $399 per month, with fixed fees to help you plan your expenses and manage cash flow effectively.
Next Steps
Transitioning to a new bookkeeping service is a significant decision. OOTB offers options and we are ready to discuss your specific needs and demonstrate how our services can be tailored to support your business.
Conclusion
The unexpected closure of Bench Accounting has undoubtedly created challenges for many small businesses. However, it also presents an opportunity to partner with a reliable and experienced bookkeeping service like Out of the Box Technology. With their personalized approach, comprehensive services, and commitment to client success, OOTB is well-equipped to support your business’s financial needs during this transition and beyond.
By choosing a partner that prioritizes your business’s unique requirements, you can ensure continuity in your financial management and focus on what matters most—growing your business.
Discover the peace of mind that comes with expert bookkeeping—partner with Out of the Box today.
