Bench vs Accountmate

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Our analysts compared Bench vs Accountmate based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.

Bench Software Tool
Accountmate Software Tool

Product Basics

Bench automates bookkeeping and provides financial assistance to small business owners. It automatically connects all transaction data from the business accounts each month. Users can take advantage of the subscription to cloud-based modules and or in-house professional consultants. Access it through the iPhone app to track cash flow and financial health with income statements, intuitive expense reports and more.
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AccountMate, owned by the AccountMate Software Corporation, helps medium and small-scale businesses by providing them with flexible and robust business accounting management. It can be locally installed or used as a SaaS.

It handles modular, financial, ERP and business management functions to help SMEs grow their traditional accounting methods.
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$249 Monthly
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Tailored to your specific needs
$100/User, Monthly
Get a free price quote
Tailored to your specific needs
Small
Medium
Large
Small
Medium
Large
Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • More Dedicated Bookkeepers: Leverage the expertise of a team of dedicated bookkeepers who work in-house every month to import bank statements and prepare financial statements. Communicate with a client research team for answers to all economic questions. 
  • Tax-Ready Finances: Track business performance and get insights into monthly financial reporting. Bundle with the tax module to help with preparation, year-end taxes and other assistance. Work with an existing CPA firm to ensure all accounts are ready for the IRS. 
  • Rich Insights: Get monthly statements and expense overviews to stay clued in and keep everything in control. Take control of finances with visual reports. 
  • Better Mobile Capabilities: Access it on a desktop or an iPhone and take a look at crucial financial information on the go. 
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  • Save Time: It helps confirm or eliminate software frontrunners to save time and energy, which can be invested in the business’s core objectives.  
  • Quick Research: Reduce research turnaround. Ensures no time is wasted researching modules’ features 
  • Supports New Features: Leverage support for new software features, functions and capabilities that you might not have known before.  
  • Flexible: Its flexible and scalable accounting and business management software evolves as the business expands to fit growing needs.  
  • Adaptable: Customizable source code lets it adapt to changing requirements and evolve as the business moves forward.  
  • Multi-Currency Capability: A built-in translation engine for multilingual businesses lets them conduct business on a global scale and handle numerous foreign currencies.  
  • Simplifies Payment Processing: Businesses can issue checks and post-credit card statements immediately after the invoice is generated to save time. Authorize pre-payments and payments for multiple vendors simultaneously. 
  • Free Trial: A free trial is provided for users to test before purchasing the system in full. Users can fill out a form on their website to access their complete demo 
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  • Monthly Bookkeeping: Get dedicated bookkeepers who take time to understand the business by gathering the information they need. Ensure taxes get filed at the right time by importing transactions every month. 
  • Reports: Check financial statements and expense overviews, along with visual reports to identify loopholes and get actionable insights into how the organization should move forward. 
  • Bench Tax: Ensure that financials are filed on time, and the business never misses any deadlines with an all-in-one tax and bookkeeping solution backed by a professional team. Timely and accurate returns ensure that companies get the deduction they deserve. 
  • Catch-Up Bookkeeping: Get quick and accurately managed overdue finances for companies less than two years behind on bookkeeping. Offer extensive experience managing historical bookkeeping. 
  • Bench Retro: Tackle years of missing records, back taxes if the business is several years behind on record keeping. Ensure quick turnaround with a customizable and affordable bookkeeping plan. 
  • Free Trial: Get a month-long free trial to ensure the system works well for the company. 
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  • Modifiable Source Code: Unlike other accounting solutions that require you to change the core business processes in order to use the software, the system offers customizable mechanics with modifiable source code. It can conform to unique business process requirements as and when needed. 
  • Real-Time Information: Provides real-time business information solutions to help users understand the competition and make well-informed decisions to boost the bottom line. Its bank reconciliation module gives detailed information about the real-time cash position of the business.  
  • Data Integrity: Built-in safeguards ensure data protection using encryption technology. 
  • On-Premise or Cloud-Based: Accessible via the cloud or on remote servers. Choose between on-premise or cloud-based deployment strategies with secure data practices to fit the needs of the business. 
  • Multiple Versions: Optimized for medium and small-scale businesses and available with enterprise, express, cloud, LAN and SQL versions.  
  • AccountMate Enterprise: It provides real-time, customizable financial and business management solutions to ensure the accommodation of multiple concurrent users.  
  • AccountMate SQL: Designed for businesses that want the stability of SQL but do not have the expenditure bandwidth to afford it. It comes with modifiable source code and can be customized to fit different business processes and needs. 
  • AccountMate LAN: This fully customizable module provides businesses with data management and administrative features that evolve as the business grows.  
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Product Ranking

#140

among all
Accounting Software

#26

among all
Accounting Software

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User Sentiment Summary

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Great User Sentiment 27 reviews
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89%
of users recommend this product

Accountmate has a 'great' User Satisfaction Rating of 89% when considering 27 user reviews from 3 recognized software review sites.

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5.0 (2)
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4.3 (22)
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5.0 (3)

Synopsis of User Ratings and Reviews

Intuitive Interface: Many users find Bench's platform easy to navigate, simplifying tasks like categorizing transactions and generating financial reports.
Automated Bookkeeping: Bench automates many bookkeeping tasks, such as importing bank statements and categorizing transactions, saving users time and effort.
Dedicated Bookkeeper Support: Users appreciate having access to a dedicated bookkeeper who can answer questions and provide personalized support.
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User-friendly interface: Accountmate's intuitive design and customizable dashboards make it easy for users of all levels to navigate and manage their accounting tasks efficiently.
Robust reporting capabilities: The software offers a wide range of customizable reports, including financial statements, cash flow statements, and balance sheets, providing users with deep insights into their financial performance.
Integration with third-party applications: Accountmate seamlessly integrates with popular business applications such as Microsoft Office, QuickBooks, and Salesforce, streamlining workflows and eliminating data entry redundancies.
Excellent customer support: Accountmate provides comprehensive technical support through phone, email, and online resources, ensuring users have prompt assistance when needed.
Scalability and flexibility: Accountmate can be tailored to meet the specific needs of businesses of all sizes, from small startups to large enterprises, offering customizable modules and features.
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Limited Features for Accountants: Some users have expressed that Bench lacks robust features specifically designed for accounting professionals, such as advanced reporting capabilities or complex inventory management.
Customer Support Concerns: A few users have reported experiencing delays or difficulties in getting timely support from Bench's customer service team.
Pricing Structure: While Bench offers transparent pricing, some users have found it to be relatively expensive compared to alternative bookkeeping solutions, especially for businesses with higher transaction volumes.
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Outdated Interface: Users complain about the outdated and cluttered user interface that makes navigation and data entry cumbersome.
Limited Customization: Accountmate offers limited customization options, making it difficult for users to tailor the software to their specific business needs.
Integration Issues: Users report frequent integration issues with other software, leading to data loss and workflow disruptions.
Lack of Mobile Support: Accountmate's lack of a mobile app or responsive web interface limits accessibility and convenience for users who need to access data on the go.
Poor Customer Support: Users express dissatisfaction with the quality and responsiveness of Accountmate's customer support, leading to unresolved issues and delays.
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Is Bench the right software to help your business come out on top? Bench is a cloud-based accounting software that aims to simplify financial management for small businesses. User reviews highlight its user-friendliness as a major strength, making it ideal for those without extensive accounting experience. Features like invoicing, expense tracking, and payroll streamline financial tasks, saving users time and effort. However, pricing emerges as a significant drawback, potentially deterring budget-conscious businesses. Bench differentiates itself through its dedicated team of bookkeepers who provide personalized support and ensure tax readiness. This hands-on approach sets it apart from competitors like Xero and QuickBooks Online, which primarily offer software tools without the same level of human assistance. This is particularly valuable for businesses seeking expert guidance and peace of mind regarding their financial records. Overall, Bench is best suited for small business owners who prioritize ease of use and personalized bookkeeping support, even if it comes at a higher cost. Those comfortable handling their own accounting or seeking more budget-friendly options might find other software more suitable.

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Accountmate's customizable dashboards, user-friendly interface, and extensive reporting capabilities have earned praise from users. Its inventory management features, such as real-time stock tracking and multi-location support, are particularly well-regarded. However, some users have reported occasional performance issues and a lack of certain advanced features found in competing products. Compared to QuickBooks, Accountmate offers a more robust feature set and greater flexibility, making it better suited for larger businesses with complex accounting needs. Its multi-company and multi-currency capabilities give it an edge over Sage 50cloud, which is more suitable for small businesses. Accountmate's strong reporting and customization options set it apart from NetSuite, which excels in cloud-based scalability and integration. Accountmate is an ideal choice for businesses seeking a comprehensive accounting solution with customizable dashboards, advanced inventory management, and extensive reporting capabilities. Its user-friendly interface and flexible configuration options make it accessible to both small and large businesses.

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Top Alternatives in Accounting Software


Accounting Seed

Acumatica

BQE Core

Dynamics 365 Finance

FreeAgent

Freshbooks

Manager

Odoo Accounting

Oracle Financials Cloud

Patriot Accounting

QuickBooks Online

Sage 50cloud Accounting

Sage Intacct

SAP Business One

SAP S/4 HANA Finance

TallyPrime

Wave Accounting

Workday Financial Management

Xero

ZarMoney

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