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Bench Accounting (branded as "Bench") was a fintech company that uses proprietary software to automate bookkeeping and provide financials for small business owners. [1] The company provides subscription access to cloud-based software in combination with in-house bookkeepers. [ 2 ]
Tide business service is available on iPhone and Android devices, and on desktop computers. [16] The firm also offers an automated bookkeeping service and integrated invoicing. [16] [6] Tide developed an API that allows integrations with the loan provider iwoca, and with accounting software such as Xero, FreeAgent, ReckonOne and Sage. [40]
The travel segment, WEX Virtual, helps online travel agencies facilitate cross-border payments through virtual cards, allowing online travel agencies to automate back-end accounting practices. WEX Virtual launched in 2000 [ 16 ] in support of customers including HitchHiker, [ 17 ] HotelTonight, Expedia, and Priceline.
The Xero accounting software uses a single unified ledger, which allows users to work in the same set of books regardless of location or operating system. [26] It provides automatic bank feeds, invoicing, accounts payable, expense claims, fixed asset depreciation, purchase orders, bank reconciliations, and standard business and management reporting.
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In 1999, Data-Tech changed its name to MYOB Limited and listed on the Australian Securities Exchange (ASX). In subsequent corporate development, MYOB Limited merged with Solution 6 Holdings in 2004. Though the company was founded in the United States, it ceased operations outside of Australia and New Zealand in 2008. [citation needed]
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