Organization

Bench Accounting

About Bench

Bench is an online bookkeeping service built for small businesses and solopreneurs. Founded in 2012, Bench has become one of the largest players in the outsourced bookkeeping space, serving thousands of small business owners who need simple, affordable bookkeeping without the overhead of traditional accounting firms.

Bench handles monthly bookkeeping, financial statements, and tax-ready reports through a combination of dedicated bookkeepers and a proprietary platform. Most Bench clients are service businesses, freelancers, e-commerce sellers, and small retailers who want their books handled by professionals but don't need complex financial modeling or CFO-level reporting.

Service Offerings

Bench's core services include:

  • Monthly Bookkeeping: Dedicated bookkeepers categorize transactions and reconcile accounts each month.
  • Financial Statements: Monthly profit & loss, balance sheet, and cash flow statements delivered through Bench's platform.
  • Tax-Ready Reports: Year-end financial packages prepared for tax preparers and CPAs.
  • Add-On Tax Filing: Optional annual tax filing service available through Bench Tax.

Bench operates entirely online with a distributed team of bookkeepers. Clients upload documents and receipts through the platform, and bookkeepers handle categorization and reconciliation asynchronously. There's no live accounting software access — Bench maintains the books on their own system and provides reports through their dashboard.

Approach and Positioning

Bench positions itself as an affordable, accessible alternative to traditional bookkeeping firms, with a focus on simplicity and fixed monthly pricing. Unlike services built for venture-backed startups, Bench is designed for "Main Street" businesses — the kinds of companies that need clean books for tax season but don't require board-level reporting or fundraising support.

What sets Bench apart is their proprietary platform and standardized service model. Because they control the entire workflow and don't rely on third-party accounting software, they can offer consistent pricing and a streamlined client experience. The tradeoff is less flexibility and customization compared to firms that work directly in QuickBooks or Xero.

Key strengths include:

  • Simple, transparent pricing with no software fees
  • Large team of trained bookkeepers across North America
  • Easy onboarding for business owners with no accounting background
  • Strong focus on service businesses and e-commerce

How Omniga Compares to Bench

Both Omniga and Bench sit in the small business finance stack, but they take fundamentally different approaches to how bookkeeping and finance work get done and who controls the underlying system.

AxisOmnigaBench
Orchestration vs DeliveryOrchestration layer + workflow hub across clients and toolsDone-for-you bookkeeping delivered by distributed team of bookkeepers
Platform-First vs Firm-FirstPlatform-first: infrastructure for management accounting your team controlsFirm-first: Bench's team delivers tax-ready books and simple financial statements through their proprietary system
Platform + FDaaS vs Service-OnlySaaS platform + full hands-off bookkeeping and finance services: use it yourself, with fractional partners, or let Omniga's team handle everythingService-only: bookkeepers manage books in Bench's proprietary system; you interact through their reports and dashboards, not the internal workflow platform
Quiet AI vs Automation VisibilityQuiet AI™ in visible review queue: suggests entries, flags anomalies, humans control postingHuman bookkeepers handle categorization and reconciliation, with automation behind the scenes rather than exposed AI review tools
Who It's Built ForFirms, fractional CFOs, and operators managing multiple clients/entities in parallelIndividual small business owners wanting affordable, hands-off bookkeeping per business
Ledger-Agnostic ArchitectureShadow Journal above QBO, designed to support multiple ledgers over timeBooks maintained entirely in Bench's proprietary system with export options
Collaborative WorkspaceMulti-team collaborative workspace: granular access for internal staff, fractionals, and providersFixed Bench team assignment; collaboration with outside specialists typically happens outside the Bench platform

In practice, Omniga makes sense when you want books built for managing and scaling the business (not just tax compliance), delivered hands-off by Omniga's bookkeeping and finance services team, your own staff, or fractional partners—all on a platform that can grow with you across multiple entities. Bench is a strong fit when you primarily need simple, tax-ready bookkeeping for one small business, handled by Bench's team in their proprietary system with minimal software for you to think about.

Articles mentioning this organization

Bench Accounting appears in 8 articles

Bench Accounting | Organization | Omniga