Bento | January 11, 2021
Bento for Business, the leading spend management solution for businesses, unveiled another and powerful stack of accounting features to help businesses save time, streamline bookkeeping and close books quicker.
With these new features, Bento customers will have the option to import their GL Account, Class, and Location esteems into Bento and code transactions straightforwardly in Bento with two or three ticks. Moreover, they will have the option to make custom mapping rules to disentangle transaction coding for their association or meet other explicit requirements. Once coded, money professionals will have the option to survey and alter prior to trading transactions to their accounting software.
Joined with Bento's powerful, AI-driven, receipt capture and coordinating features, these upgrades eliminate a large part of the grating of gathering and sorting out data that CFOs and Controllers need to accommodate their books. Also, the new custom field creation and mapping choice makes it simple for organization workers to code their own transactions utilizing basic terms, if necessary. Notwithstanding the accounting software an organization utilizes, Bento's new accounting improvements are a critical move up to conventional bank items and ought to altogether streamline and accelerate feared month end closings for any business.
“Our customers have been telling us that reconciling their books at month and year end was one of their biggest pain points,” said Guido Schulz, CEO, Bento for Business. “With these enhancements, we hope we are able to eliminate yet another area of stress and inefficiency for our customers and continue on our mission to be the most helpful financial partner for our customers.”
Based in Chicago and San Francisco, Bento is an award-winning SMB fintech solution led by veteran financial service executives and backed by leading financial technology investors. An intuitive debit card-based spend management platform, Bento’s mission is to save business owners money, time and effort.
Bento’s virtual and corporate cards and industry-leading financial management tools give companies unprecedented control and visibility over company expenses, eliminating fraud and administrative overhead. Bento Pay, Bento’s B2B payment product, enables business owners to make and receive payments with a simple email address while allowing the receiver to input their banking credentials and accept funds in seconds, avoiding the hassle of paper checks.
Chargezoom | September 18, 2021
Chargezoom, a leading platform for managing billing and payments, today announces their partnership with PAYARC.
"We are very happy to have PAYARC as a partner because they are a great example of a payment processor who listens to their customers and is proactive in offering services that merchants really want," says Matt Dubois, CEO of Chargezoom. "They know that servicing merchants is the ultimate goal and by bringing their merchants automation solutions they can help those merchants thrive."
"Having Chargezoom as an integrated service to the PAYARC Payment Gateway is something that we are very excited about. Allowing merchants boarded on our gateway to access Chargezoom's solution integrations, specifically QuickBooks, is a feature we have had many requests for, and now we are very happy to provide," said Zachary Martinez, CEO of PAYARC. "Combining PAYARC's technology with Chargezoom's fast onboarding and experience will make our merchants' lives easier as well as provide more tools for our Sales Partners."
Chargezoom addresses the payment needs of modern businesses with powerful integrated payments, allowing businesses to automate and scale quickly. Automation reduces the burdens typically associated with accounts receivable including manual processes and payment friction. Providing an easy-to-use platform that delights merchants and their customers has attracted the attention of the payments industry.
PAYARC provides payment processing solutions to all types and sizes of merchants. With the latest technology, best practices, and transparent pricing models, we allow businesses to streamline their payment processes and focus on what really matters.
Wirecard | June 22, 2020
Wirecard shares are once again in free fall on Monday after the German payments firm said it was likely that 1.9 billion euros ($2.1 billion) of cash missing from its balance sheet doesn’t exist.
The Munich-based company said it was assessing the “prevailing likelihood” that unaccounted cash balances flagged by auditors at EY last week “do not exist.” The lost funds represent roughly a quarter of Wirecard’s balance sheet.