Our History

Our History

The concept of Bookminders came about in 1984 when Tom Joseph needed someone to run the accounting system he installed for the family business. His sister would only do the job if she could do most of the work from home.

At that moment, Tom realized that there would be growing numbers of talented, educated professionals who wanted to work, but had family commitments that wouldn’t support a 9 to 5 schedule. With an engineering degree from Carnegie Mellon University and a background in factory automation, Tom Joseph began to formulate his concept for an outsourced bookkeeping business.

A critical element in Bookminders design came from a 60 Minutes segment. “I was inspired by a story featuring Lincoln Electric, a leading producer of welding equipment. Lincoln developed a unique incentive system that resulted in high quality and employee satisfaction.” As a result, Tom developed Bookminders’ incentive-based compensation system.

The simple idea of utilizing a home-based workforce turned into a great place to work when Bookminders was launched in 1991. The employment model appeals to accountants who traditionally struggled to achieve work-life balance. Over the past 25 years, Bookminders has grown to be an industry leader in outsourced bookkeeping and is Pennsylvania’s premier bookkeeping service.

In 2004, Bookminders was recognized by the American Society of Women Accountants as Company of the Year for demonstrating a commitment to work/life balance and in 2005 was named the Pennsylvania “Home-based Business Champion” by the U.S. Small Business Administration. The Philadelphia office of Bookminders opened in 2006.

Andrew F. Patroni, Jr., CPA

“Bookminders truly makes my job easier. And when you take into consideration all the overhead that is involved in maintaining an in-house bookkeeping staff, it’s clearly more cost effective to outsource to Bookminders. They provide a professional, comprehensive service at a reasonable price, and I’ve had very positive results in my experiences with them.”

— Andrew F. Patroni, Jr., CPA; Owner, Greenberg Patroni & Company

David Wilke, CPA, MBA

“Bookminders’ system allows our CPA firm to spend less time cleaning up our clients’ records and more time on tax and business planning. Keeping meticulous records is a critical requirement of any successful business, and our clients are more likely to reach their goals with accurate and timely general ledgers.”

— David Wilke, CPA, MBA; Wilke & Associates, LLP

Jeffrey Sollenberger, CPA

“My client had been through several bookkeepers in the last few years, resulting in a constant state of upheaval within their organization. Bookminders saved them the time and money involved in training someone new, and eliminated their risk of future turnover. Plus, Bookminders brings a level of accuracy and professionalism I don’t often see with internal bookkeepers.”

— Jeffrey Sollenberger, CPA; President, Buonomo & Associates

Ken Plessner, CPA, MBA

“Bookminders brings a strong degree of professionalism to the bookkeeping process. They have templates, systems and procedures in place that differentiate them from traditional bookkeeping. At EisnerAmper LLP we do a substantial amount of audit work, and we can rely more heavily on the accuracy and reliability of the accounting records when Bookminders is doing the bookkeeping.”

— Kenneth L. Plessner, CPA, MBA; Audit Director, Nonprofit Services Group EisnerAmper LLP

Kimberly P. Griffith, CPA

“As Director of my firm’s Not-for-Profit Services Group, it’s crucial to maintain independence on audit engagements. Bookminders’ depth of experience in nonprofit bookkeeping enables our Group to serve our clients efficiently and ensure independence on our audit engagements.”

— Kimberly P. Griffith, CPA, Accounting & Audit Shareholder; BDO