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accounting software

2+ articles
Bench AccountingEmployer.comIan CrosbySaaSVancouver shutdown

Employer.com Snags Bench Accounting After Abrupt Closure!

In a surprising turn of events, workforce management giant Employer.com has acquired Canadian startup Bench Accounting following its sudden closure. The deal aims to integrate Bench's accounting features into Employer.com's platform, enhancing its offerings for small businesses. Though Bench's closure left customers in shock, this acquisition promises continuity and potential synergies. Read on to discover what this means for Bench's users and the SaaS accounting landscape.

Jan 2
Employer.com Snags Bench Accounting After Abrupt Closure!

Bench Accounting's Sudden Shutdown Leaves 600+ Employees in the Lurch

Vancouver-based Bench Accounting announced an abrupt closure, potentially impacting over 600 employees and leaving 35,000 U.S. customers scrambling for financial data access. Ex-CEO Ian Crosby blames venture capitalists for the shutdown, after the company received US$113 million in funding. Former clients are advised to file tax extensions and retrieve data by March 7, 2025.

Dec 28
Bench Accounting's Sudden Shutdown Leaves 600+ Employees in the Lurch

Related Topics

Bench AccountingEmployer.comIan CrosbySaaSVancouver shutdownaccounting softwareacquisitionbusiness closurebusiness solutionscustomer data

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Employer.com Snags Bench Accounting After Abrupt Closure!
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Bench Accounting's Sudden Shutdown Leaves 600+ Employees in the Lurch

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