CHICAGO–(Small business WIRE)–Bento for Small business (“Bento”), the main shell out administration answer for corporations, unveiled a new and highly effective stack of accounting capabilities to assist enterprises help you save time, simplify bookkeeping and close publications faster..
With these new attributes, Bento clients will be ready to import their GL Account, Class, and Area values into Bento and code transactions immediately in Bento with a couple of clicks. In addition, they will be ready to make custom made mapping procedures to simplify transaction coding for their corporation or fulfill other unique desires. Once coded, finance industry experts will be equipped to review and edit ahead of exporting transactions to their accounting application.
Combined with Bento’s strong, AI-pushed, receipt seize and matching capabilities, these enhancements take out substantially of the friction of collecting and organizing info that CFOs and Controllers require in order to reconcile their guides. In addition, the new customized field development and mapping choice tends to make it quick for firm staff members to code their very own transactions applying uncomplicated conditions, if necessary. No matter of the accounting software program a organization takes advantage of, Bento’s new accounting enhancements are a important up grade to standard bank products and solutions and need to substantially simplify and speed up dreaded thirty day period conclusion closings for any enterprise.
“Our buyers have been telling us that reconciling their textbooks at thirty day period and calendar year conclusion was one of their most important suffering points,” mentioned Guido Schulz, CEO, Bento for Business enterprise. “With these enhancements, we hope we are ready to eradicate nonetheless yet another area of worry and inefficiency for our consumers and carry on on our mission to be the most useful economical partner for our clients.”
Centered in Chicago and San Francisco, Bento is an award-profitable SMB fintech resolution led by veteran economic service executives and backed by primary economical technological know-how investors. An intuitive debit card-dependent invest administration platform, Bento’s mission is to conserve business house owners funds, time and work.
Bento’s virtual and corporate cards and industry-foremost money administration applications give organizations unparalleled management and visibility around firm expenditures, reducing fraud and administrative overhead. Bento Pay, Bento’s B2B payment product or service, allows company house owners to make and get payments with a basic email handle even though making it possible for the receiver to enter their banking credentials and accept funds in seconds, avoiding the inconvenience of paper checks.