IAN CROSBY // TREPFUEL: ENTREPRENEUR OF THE WEEK
Ian Crosby is a technology entreprenuer most notable for founding Bench, an online bookkeeping service that automates accounting tasks for small businesses, headed from Vancouver.
Crosby is a graduate of the University of British Columbia's Business Administration program. After graduation, he spent two years at Bains & Company's Toronto office before quitting to launch his own firm. Ian launched Bench (originally 10Sheet) with three co-founders in 2011. The team graduated from Techstars NY in 2012, and today the company has over 100 employees. Bench is based in Vancouver, Canada, and services businesses across North America.
In 2016, Crosby was named to the top spot of Forbes prestigious 30 Under 30 Enterprise category.
Bench Accounting, Inc., branded as Bench, is a technology company that specializes in automating accounting tasks, specifically bookkeeping, for small and medium-sized businesses in the United States. Unlike traditional accounting solutions, the company provides subscription access to proprietary, cloud-based software in combination with in-house bookkeepers to serve their clients.
The main service offered by the Bench software is automatic transaction import for bank accounts, credit cards and payment processors such as PayPal. The software also matches client provided receipts with transactions. Bench does not currently offer payroll services but does integrate with third-party payroll providers.
2016 is looking bright for Bench. The company plans to have new service rollouts, increased automation, and will be launching a new mobile app. On top of that, Crosby is hiring 10 new employees a month to keep pace with the company’s growth.