Karandeep V
Beanworks Review: Read our unbiased tool review to learn more about its key features, pricing plans, integrations, and other specifications.
What is Beanworks?
Beanworks is a cloud-based accounts payable (AP) automation platform that streamlines operations for the accounting team. The solution is primarily developed for small to medium-sized companies who are looking to automate their accounts payable processes.
Right from purchase order to payment, the tool offers a bunch of features that minimize the need for data entry that is required for invoice processing.
Invoices and purchase order payments can be easily routed to the most relevant team member All in all, Beanworks provides you with all the tools you need to successfully automate your accounts payable processes.
Vendor Information
- Company: Beanworks
- Website: https://www.beanworks.com/
- Founded in 2012
- Country of origin: Canada
Beanworks Key Features
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Purchase orders
The automated purchase orders allow you to track your committed spend with automated purchase orders. Users can also define their spend limits based on different vendors, projects, departments, and more.
Besides, the tool also helps you save time by automatically matching your purchase orders to invoices.
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Invoice automation
This feature allows you to organize your entire invoice approval management and also accelerate the process.
You have a fair understanding of your monthly accruals and complete visibility into all invoices when you receive them. You can also create personalized approval channels for different departments and minimize the risk of making duplicate payments.
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Payments
Create an organized process to make vendor payments and also track the progress of each payment with ease. Replace manual processes to eliminate the chances of making mistakes and avoid duplicate payments.
The platform allows you to maintain a one-to-one reconciliation from your accounting software to the bank account. In addition, you can send payment batches to the relevant authorities for approval in just a few seconds.
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Expense management
Wave goodbye to extensive spreadsheets and forecasts with a real-time expense management system. Your team members can upload receipts at a faster rate, making it easier to generate expense reports.
Beanworks Features Overview
- Access controls
- Accounting
- Accounts payable
- Activity tracking
- Approval process control
- Audit trail
- Budgeting
- Credit card processing
- Compliance management
- Financial management
- Expense tracking
- Mobile access
- Multi-location
- Invoice management
- Reminders
- Workflow management
- Project accounting
Beanworks Pricing
The vendor offers four main pricing plans. Check out all the features included in different Beanworks pricing plans below.
Starter
Price: Request pricing from the vendor directly
- Support: Response within 24 hours
- 1 legal entity
Pro
Price: Request pricing from the vendor directly
- Support: Response within 1 day
- 8 legal entities
- Beanworks purchase order modules
Premium
Price: Request pricing from the vendor directly
- Imported purchase orders
- Response within 4 business hours
- 30 legal entities
Enterprise
Price: Request pricing from the vendor directly
- Response within 4 business hours
- Unlimited legal entities
- Imported purchase orders
Beanworks Pros and Cons
- The platform offers all the features you need to cover the core aspects of Accounts Payable process.
- The application is extremely easy to use and manage.
- Users can easily create customized reports for payments and invoices.
- It is one of the most user-friendly systems for remote employees approval.
- The search option is very helpful if you want to view something in a particular view.
- Users who are not based out of the U.S. are not able to send wire transfers.
- The platform does not come with a receiving function.
- The software takes a lot of time to manually sync with Quickbooks
- Users have requested for an export module that has the ability to export PDF and Data
Beanworks Integrations
- Quickbooks
- Sage
- Sage Intacct
- Oracle Netsuite
- Rent Manager
- Microsoft Dynamics GP
- Xero
- Northstar
- Clubessential
Beanworks Specifications
Free Trial – Yes
Free Version – No
Deployment
- Cloud, SaaS, Web-based
Devices supported
- Windows
- Mac
- Linux
- Android
- iPhone/iPad
Training
- In-person
- Webinars
- Videos
- Live online
- Documentation
Beanworks pricing plans
Get in touch with the vendor directly to know more about Beanworks pricing plans.
Typical customers
- Small businesses
- Medium-sized businesses
Languages supported
- English
Beanworks support
- Knowledge base
- Chat
- FAQs
- Phone support
Beanwork Alternatives
- NetSuite
- Odoo
- Accrualify Spend Management Platform
- AccountMate
- Tiplati
- Spruce
- QuickBooks Desktop Enterprise
- Acumatica Cloud ERP
- OnPay Solutions
- Plus & Minus
- Acumen
- Haslle
- Averiware
- Procurify
- Bill.com
- AvidXchange
- MineralTree
- Stampll
- SAP Concur
- Airbase
- FreshBooks
- Webexpenses
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