Bento for Business (“Bento”), the leading expense management platform for small and mid-sized businesses, has appointed Guido Schulz as its new chief executive officer. Schulz, who has extensive experience scaling technology companies, will partner with Bento co-founder and chairman Farhan Ahmad to drive the company’s next phase of growth as it serves an increasing number of customers seeking to regain control of monthly expenses and improve cash flow at a critical juncture.
Thousands of businesses trust Bento to manage monthly expenses, eliminate cash leakage and misuse, and improve monthly cash flow. With its customizable suite of spending and expense management tools, business owners and financial controllers set daily, weekly, and monthly spending limits and parameters for where Bento’s physical and virtual cards can and cannot be used. To date, Bento’s customers have saved over $85 million using the company’s controls.
“Bento for Business has built an incredibly intuitive product that directly addresses the core cash flow and operational problems faced by the businesses that drive much of our economy, create jobs, and help build our communities,” said Schulz. “Now more than ever, expense reduction is the single largest area of opportunity for our customers. I look forward to working closely with our team and customers alike to help businesses improve monthly cash flow as they navigate uncertain times.”
Read More: Simple Announces Launch of Tax Refund Feature to Automate Savings for Customers
