Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium businesses, has abruptly shut down, according to a notice posted on its website. “We regret to inform you that as of December 27, 2024, the Bench platform will no longer be accessible,” the notice reads. “We know this news is abrupt and may […] © 2024 TechCrunch. All rights reserved. For personal use only.
The main conceptual idea of the article is that Bench, a popular accounting software company for small and medium-sized businesses, has abruptly shut down, leaving thousands of businesses without access to their vital financial records.
The article highlights the unexpected closure, the company's lack of communication, and the disruption it has caused for its customers. It also mentions Bench's recommendation for users to switch to another accounting platform, Kick, and the concerns raised by former Bench users on social media.
Essentially, the article reports on a major disruption in the accounting tech landscape caused by the sudden demise of a prominent player.
The main conceptual idea of the article is that Bench, a popular accounting software company for small and medium-sized businesses, has abruptly shut down, leaving thousands of businesses without access to their vital financial records. The article highlights the unexpected closure, the company's lack of communication, and the disruption it has caused for its customers. It also mentions Bench's recommendation for users to switch to another accounting platform, Kick, and the concerns raised by former Bench users on social media. Essentially, the article reports on a major disruption in the accounting tech landscape caused by the sudden demise of a prominent player.
