Bench shuts down, leaving thousands of businesses without access to accounting and tax docs
Bench, a Canadian accounting SaaS startup, unexpectedly ceased operations on December 27, 2024, as announced on its website.
MAIN POINTS
- Bench was a Canada-based startup providing accounting software-as-a-service.
- The company has unexpectedly shut down its operations.
- The shutdown was announced via a notice on Bench's website.
- The platform became inaccessible on December 27, 2024.
TAKEAWAYS
- Users of Bench's services need to seek alternative accounting solutions.
- The abrupt closure may cause disruptions for small and medium-sized businesses relying on Bench.
- Communication about the shutdown was made directly through the company's website.
- The closure highlights potential vulnerabilities in relying on SaaS providers.