Looking Beyond Bench Accounting? Why Whiz Consulting is a Smarter Choice

• Reading Time: 6 Minutes
• Published: February 20, 2025
• Last Updated: March 3, 2025

A reliable accounting partner is extremely important for your business. But imagine one day, their doors are closed, and you can no longer depend on them. It is enough to throw your business into disarray and cause chaos. This is what recently happened to many of the clients’ Bench. Aren’t you aware? If not, you have come to the right place. Let us take you through the events that unfolded, how they have impacted businesses, and the best course of action.

What Happened to Bench Accounting?

Bench Accounting, a known name among small businesses in the USA for online bookkeeping, suddenly announced its closure on Dec 27, 2024. This shocked many, especially the ecommerce businesses who relied on Bench for their accounting needs. The reason behind the closure is not entirely clear, but it may be due to financial challenges. The company’s shutdown caused an emergency among its clients, who needed to find new accounting solutions before year-end.

Here’s a quick timeline of the events:

• Dec 27: Bench announces closure without informing its clients in advance and gives customers until Mar 7, 2025, to download their data.
• Dec 29: Reports surface about a potential acquisition by employer.com
• Dec 30: Bench removes acquisition announcement, then puts it back on, then removes it again!
• Dec 30: Bench reinstates referral to another accounting service (Kick)

This whole ordeal caused a lot of confusion and dilemma for Bench’s clients.

Impact on Bench’s Clients

Imagine the aftereffects of shutting down a popular online bookkeeping service serving over 12,000 clients. The sudden closure of Bench Accounting had a bad impact on its clients, particularly ecommerce businesses. Here’s how it affected them:

• Data Security Concerns:

With Bench shutting down, some clients are worried about the security of their financial data.

• Year-End Scramble:

The closure right before year-end made it difficult for businesses to find new accounting solutions and close their books for 2024.

• Uncertain Future with a New Owner:

Employer.com’s acquisition raised questions about the future of Bench’s services and pricing structure. Clients are left wondering how the integration will affect them.

• Finding Alternatives:

E-commerce businesses must find new accounting services integrated with their sales platforms (Shopify, etc.)

Why Stability and Expertise Matter in Bookkeeping

The recent incident at Bench Accounting serves as a strict reminder of the importance of choosing a reliable bookkeeping partner. Stability is paramount. Imagine the chaos: struggling to find a new solution, worrying about data security, and facing unexpected delays. Choosing an established firm with a proven track record minimizes these risks.

For stability, the expertise of the accountants is crucial. You need a team with in-depth knowledge of accounting principles, industry best practices, and the latest tax regulations. This expertise allows them to provide valuable insights, identify areas for improvement, and guide you toward informed financial decisions.

Don’t settle for a generic service. Look for a partner who understands your unique business needs and provides personalized support. A reliable and expert bookkeeping partner can help you navigate the complexities of your finances, ensuring accuracy, efficiency, and peace of mind.

Whiz Consulting – A Reliable Alternative to Bench

With the unexpected shutdown of Bench Accounting, many businesses are now facing the challenge of finding a trustworthy bookkeeping partner. Whiz Consulting emerges as a dependable solution, delivering top-notch online accounting and bookkeeping services customized to cater to the unique needs of businesses across the United States.

Backed by over a decade of experience, Whiz Consulting has helped startups, small and medium-sized businesses, and large enterprises simplify their financial operations. Our dedicated team operates around the clock to ensure precision and efficiency, leveraging cutting-edge software that integrates seamlessly with major platforms.

Opting for Whiz Consulting allows businesses to make a hassle-free transition, safeguarding their financial records and restoring confidence during these uncertain times.

Benefits of Choosing Whiz Consulting

Unlike Bench, which primarily focuses on bookkeeping, Whiz Consulting offers comprehensive accounting services, including essential reports vital for your business. Whiz Consulting provides numerous benefits that can significantly improve your business operations.

• Clear and Effective Communication:

We believe in open and transparent communication. Our team effectively addresses your concerns and queries, ensuring a smooth, collaborative working relationship.

• Automation:

We leverage advanced technology and accounting software to streamline processes, enhancing efficiency and accuracy. This allows us to deliver high-quality services regardless of your location.

• Cost Efficiency:

Whiz Consulting offers competitive pricing, helping you save significantly on your accounting expenses. Our skilled accountants deliver timely services, maximizing your return on investment.

• Access to Skilled Accountants:

Our team comprises highly qualified accountants and finance professionals with in-depth expertise. This guarantees the accuracy and reliability of our services, ensuring your financial management is in safe hands.

• Extensive Experience:

With over a decade of experience in the industry, we have served clients across various sectors. This diverse experience allows us to provide adaptable solutions for your unique business needs.

• Unwavering Confidentiality:

We prioritize the security of your sensitive financial information. We employ industry-standard security measures to ensure your data remains confidential and protected.

• Boundless Consultation:

We offer readily available phone and email consultations with our online CPAs. This open communication channel provides clarity and valuable insights into your financial health.

How to Make Your Transition to Whiz Consulting?

Switching to Whiz Consulting is easier than you think. Here’s how we ensure a smooth and seamless transition:

1. Understanding Your Business:

We begin by thoroughly understanding your unique business needs, financial systems, and goals. This ensures our services are perfectly aligned with your specific requirements.

2. Customized Plan of Action:

We work closely with you to create a tailored action plan with clear deliverables and timelines. This provides you with a clear roadmap and ensures a smooth transition.

3. Effortless Data Migration:

Our team efficiently transfers your historical data from Bench to our platform, minimizing disruptions to your business operations.

4. Seamless Integration:

Our accounting professionals seamlessly integrate with your existing systems and processes, ensuring a smooth and efficient transition.

5. Real-Time Financial Clarity:

You’ll receive timely and insightful reports, including monthly profit & loss statements, balance sheets, and cash flow statements, providing a clear picture of your business’s financial health.

6. Dedicated Support Team:

Our experts are available to guide you every step of the way. We provide ongoing support, answering your questions and addressing any concerns.

Don’t Let Disruptions Derail Your Business

Sudden changes, such as the unexpected closure of Bench Accounting, can bring disruptions to your business, but they don’t have to derail your progress. By partnering with a trusted service provider like Whiz Consulting, you can ensure your financial operations remain seamless and stress-free. With our expertise, stability, and unwavering support, we’ll help you confidently navigate uncertainties, allowing you to stay focused on growing your business. Don’t wait for disruptions to catch you off guard, take proactive steps today by choosing a dependable partner you can count on.

Save More, Do More With Smart Accounting!

Get customized plan that supports your growth

Explore Pricing!