News

    Grit Daily: Bean Reimagines Specialized Accounting with New Digital Platform

    Anees Pretorius
    Anees Pretorius
    CEO @ Bean
    January 22, 2023
    Grit Daily: Bean Reimagines Specialized Accounting with New Digital Platform

    Cleveland, Ohio - Bean—a digital accounting platform–announced today that it has officially launched from stealth mode.

    Bean's mission is to democratize the $585-billion global market for accounting services still controlled by the Big Four firms and help CFOs navigate and solve the current accountant shortage—a factor threatening global economic growth.

    Founder's Vision

    "Many accountants want to be entrepreneurial and chart their own career path, but the industry has never accommodated that. This is why the country is facing a dire accounting shortage when we actually have an abundance of new graduates who excel at mathematics, critical thinking and analysis. They view the accounting industry as stodgy, regimented and reliant on outdated technologies. Bean was launched to change that."

    — Anees Pretorius, Co-founder & CEO

    Backing and Support

    A 2022 graduate of accelerator TechStars LA, Bean has raised $1.7 million from Matchstick Ventures, Far Out Ventures and Acadian Capital Ventures, joined by angel investors Wayne Chang and Jeff Seibert—founders of AI accounting firm Digits.

    What Bean Offers

    • •Matches a fast-growing community of elite financial accountants with companies worldwide
    • •SaaS-enabled market network for project-based accounting needs
    • •Workflow management tools to serve the global accounting industry
    • •Enables top accountants to step away from the traditional "partner track"

    Transforming the Industry

    Bean enables top accountants to step away from the long, tedious "partner track" offered by top accounting firms and build equity in themselves instead. This represents a fundamental shift in how accounting professionals can structure their careers.

    The Impact

    By democratizing access to specialized accounting services and empowering accountants to work independently, Bean is addressing both the talent shortage and the desire for greater professional autonomy in the accounting industry.

    Read the Full Article

    Learn more about Bean's launch and vision for the accounting industry on Grit Daily.

    Ready to Transform Your Accounting?

    Discover how Bean can help your team save time, increase efficiency, and deliver exceptional results.