Bench Accounting’s Recent Closure

Bench Accounting’s Recent Closure—What It Means for Your Business and Why You Should Reach Out to Us

When a major player in the bookkeeping world closes its doors, it can leave clients feeling anxious, confused, and desperate for a reliable replacement. Unfortunately, many businesses faced that exact scenario with Bench Accounting’s recent closure last week. If you were one of the affected clients, you might be wondering how you’ll handle your bookkeeping going forward and who you can trust to pick up where Bench left off.

In this blog post, we’ll cover:

1. Why Bench’s closure matters to you
2. Key concerns for former Bench clients
3. How our firm provides a smooth transition and lasting support

1. Why Bench’s Closure Matters

1.1. Disruption to Essential Operations
Bookkeeping is the backbone of your day-to-day financial management. Losing your bookkeeping provider suddenly can put you at risk of missed deadlines, unbalanced books, cash flow confusion, and more.

1.2. Loss of Trusted Advisors
Beyond just tracking numbers, a good bookkeeping service becomes a partner in guiding your business decisions. If you relied on Bench’s team for industry insights or business advice, that trusted voice may now be gone.

1.3. Uncertainty and Inconvenience
Whether you’re in the middle of budgeting, filing important financial reports, or simply trying to keep payroll running smoothly, you don’t have time for interruptions. You need a new bookkeeping solution—and quickly.

2. Key Concerns for Former Bench Clients

2.1. Data Migration and Security
Most of Bench’s clients had their financial data securely stored and easily accessible via Bench’s platform. With the service no longer operating, you might be worried about retrieving (and safely transferring) that data. Ensuring accurate historical records is essential for future reporting, taxes, and audits.

2.2. Seamless Continuity
The last thing you want is more downtime or a steep learning curve to get a new system going. Your best move is to partner with a bookkeeping firm that can pick up right where Bench left off, with minimal disruption to your business.

2.3. Industry-Specific Expertise
If you’re in a specialized field—especially construction or the trades—you need a bookkeeping partner that understands your particular cash flow cycles, job costing requirements, and regulatory compliance. Generic bookkeeping services may not cut it.

3. How Our Firm Provides a Smooth Transition and Lasting Support

3.1. Rapid, Hassle-Free Onboarding

We know how stressful it can be to switch bookkeeping providers, particularly when the shift happens unexpectedly. Our firm has a streamlined onboarding process designed to:

• Quickly retrieve your financial data from Bench’s former systems (if still accessible)
• Re-create or transfer historical records into a new, user-friendly platform
• Train you (and your team) on any new processes with minimal downtime

3.2. Construction & Trades Focus

Not all bookkeeping is created equal. We focus on construction and trades, so we’re deeply familiar with:

• Job costing and tracking for multiple projects
• Invoicing and AP/AR tailored to contractor workflows
• Cash flow management for businesses with seasonal highs and lows
• Project-specific budgeting, ensuring you see where every dollar is spent

Because of our specialization, you won’t waste time explaining the nuances of your industry—we already get it.

3.3. Proactive Financial Insights

We don’t just give you numbers; we provide actionable advice. Think of us as a strategic partner who can:

• Flag potential cash flow issues before they become a crisis
• Help you price your services or bids more effectively
• Suggest ways to reduce overhead costs and improve margins
• Keep your financial records in top shape, setting you up for smooth auditing or tax prep (via your chosen CPA)

3.4. Personalized Attention

With Bench’s sudden closure, you may have felt like just a number on a spreadsheet. We take pride in building long-term relationships with our clients. Communication lines are always open—call, email, or message us, and you’ll get a real, knowledgeable person on the other end.

Ready to Make the Switch?

If you’re reeling from Bench Accounting’s abrupt exit, you don’t have to face it alone. We’re here to:

1. Recover and secure your historical data
2. Ensure continuity so your day-to-day finances stay on track
3. Provide specialized bookkeeping solutions that align perfectly with your construction or trades business

Don’t let Bench’s closure put your company at risk. Reach out to us today to learn more about how we can seamlessly transition your bookkeeping and help you keep your business moving forward—stronger than ever.

Contact Us

Ready to get started or just have a few questions? Schedule a free Consultation and discover how our personalized bookkeeping services can help you recover from Bench’s closure and thrive in the future.