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Company profile: Beanworks

1.1 - Company Overview

Beanworks Logo

Beanworks

Headquarter: Canada
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of accounts payable automation software to eliminate paperwork and reduce invoice processing costs, including invoice automation with AI-powered data capture, payments automation with digital audit trails, expense management for remote review/approval with ERP integration, purchase order automation tracking committed spend, and integrations with accounting systems.

Products and services

  • Expense Management: ERP-integrated component enabling remote review and approval of receipts and expense reports from any location, integrating with ERP systems
  • Invoice Automation: AI-powered system that automates invoice approvals and reduces manual data entry via AI-powered data capture, engineered to extract invoice fields and route approvals efficiently
  • Payments Automation: Audit-traceable product that streamlines vendor payment approvals and delivers a digital audit trail to minimize errors and delays.

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Beanworks

Bill & Pay Logo

Bill & Pay

HQ: United States Website
  • Description: Provider of comprehensive invoicing and payment software for businesses, working with any merchant account to accept checking, credit card, and PayPal payments online. Helps customers get paid faster, improves cash flow, automates collections, and reduces time and cost. Features auto payments, email reminders and statements, syncing with accounting systems, and an API for custom integrations.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Bill & Pay company profile →
Dext Logo

Dext

HQ: United Kingdom Website
  • Description: Provider of software-as-a-service financial technology solutions that automate bookkeeping for businesses, accountants, and bookkeepers, leveraging innovative technology and artificial intelligence to simplify expense management, invoice processing, and bank reconciliation.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Dext company profile →
TradeCard Logo

TradeCard

HQ: United States Website
  • Description: Provider of a SaaS-based collaboration platform for managing extended supply chains through real-time collaboration with global vendors. Enables buyers, sellers, and trading partners to manage transactions and access online financial services on its network, supported by a global support team.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full TradeCard company profile →
Balance Financial Logo

Balance Financial

HQ: United States Website
  • Description: Provider of an enterprise social software platform that helps personal finance professionals collaborate and engage with their clients to more efficiently manage financial tasks.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Balance Financial company profile →
Abila Logo

Abila

HQ: United States Website
  • Description: Provider of membership management SaaS and software solutions for nonprofits, associations, and government agencies across North America, helping streamline accounting, donor and grant management, and large-scale fundraising. Products include MIP Fund Accounting, a scalable fund accounting solution for nonprofits, government entities, and municipalities to manage financial operations.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Abila company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Beanworks

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Buyer group 1: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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Buyer group 2: ████████ ████████

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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Beanworks

2.2 - Growth funds investing in similar companies to Beanworks

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4 - Top valuation comps for Beanworks

4.2 - Public trading comparable groups for Beanworks

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4.3 - M&A Transactions similar to Beanworks

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Beanworks

What does Beanworks do?

Beanworks is a provider of accounts payable automation software to eliminate paperwork and reduce invoice processing costs, including invoice automation with AI-powered data capture, payments automation with digital audit trails, expense management for remote review/approval with ERP integration, purchase order automation tracking committed spend, and integrations with accounting systems.

Who are Beanworks's competitors?

Beanworks's competitors and similar companies include Bill & Pay, Dext, TradeCard, Balance Financial, and Abila.

Where is Beanworks headquartered?

Beanworks is headquartered in Canada.

How many employees does Beanworks have?

Beanworks has 1,000 employees 🔒.

When was Beanworks founded?

Beanworks was founded in 2010 🔒.

What sector and industry vertical is Beanworks in?

Beanworks is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Beanworks

Who are the top strategic acquirers in Beanworks's sector and industry

Top strategic M&A buyers and acquirers in Beanworks's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Beanworks?

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Financial Investors investing in Beanworks's sector and industry vertical

Which are the top PE firms investing in Beanworks's sector and industry vertical?

Top PE firms investing in Beanworks's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Beanworks's sector and industry vertical?

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Who are the top growth equity funds investing in companies in Beanworks's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Beanworks include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Beanworks's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Beanworks?

The key public trading comparables and valuation benchmarks for Beanworks include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Beanworks for public valuation benchmarks?

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What are recent M&A transactions in Beanworks's sector and industry vertical?

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What are recent capital raises and funding rounds in Beanworks's' sector and industry vertical?

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