In 2013, Aldo González Sancininea had an idea that would revolutionize the way Mexican companies did business.
It wasn’t until 2019, when he started Tecnológico de Monterrey Data Analytics Boot Camp, that Aldo gained the skills needed to turn his vision into a burgeoning enterprise.
Combining his collegiate background in computer science, a decade-long career in the financial sector, and newly acquired data analytics skills, Aldo used state-of-the-art coding languages to create a financial tool that would later become Bento Technologies.
Laying the foundation
After graduating with a degree in computer science in 1999, Aldo wound up working somewhere unexpected: the Mexican Tax Authority (MTA). “My studies were in computer science — no taxes, no accounting, no law,” he said. Despite his lack of experience in finance, Aldo landed an entry-level job at the MTA and eventually worked his way up to Director of Tax Returns.
But his coding background proved to be an asset, after all — though he wouldn’t know it until some years later.
Mexico uses a system of electronic accounting — a fully digitized method that relies on the use of electronic invoices for audits and tax returns. During his time at the MTA, Aldo noticed that the audit process was complicated, expensive, and time-consuming for businesses that had no choice but to use it.
With the help of a friend, he left the MTA and launched a process automation company called Quality Tax Systems, with the goal of streamlining back end accounting tasks and making life easier for businesses.
These steps built a solid foundation for what would later become his winning boot camp project and today, his fast-growing company: Bento Technologies.
Challenges, growth, and new horizons
While running his company, Aldo nurtured the Bento concept, with the goal of saving Mexican business owners time, money, and stress. He wanted to use his past experience to make massive improvements to a fiscal system that wasn’t working as well as it could be. “I had an idea,” Aldo said. “I wanted to automate tasks that I thought could be done a lot better.”
But there was a problem: Aldo hadn’t flexed his coding muscles in many years. “The last time I’d programmed was in 2004, or something like that,” he said. “I was really rusty.” Since most of the coding languages he learned back in 1999 had become obsolete, Aldo needed to either relearn how to code and start from square one — or learn to work with new tools. “That’s why I chose to start learning Python,” he said, “and then found this boot camp.”
Aldo started Tecnológico de Monterrey Data Analytics Boot Camp in September 2019 with a single-pointed focus to apply everything he learned to his new venture. In March 2020, Aldo completed a beta version of the Bento system and presented it at Demo Day, where he received an offer from a business incubator to help him develop his beta into a full-blown business.
But when COVID-19 hit a week later, that opportunity evaporated as the world was put on hold.
Despite the setback, Aldo worked day and night — on his own — to achieve his goal. Within three months, he completed his project and launched his new business: Bento Technologies.
From beta to Bento — from scratch
Using state-of-the art coding languages he learned in the boot camp, Aldo was able to bring his idea to life. The Bento system works with electronic invoices and some accounting and bank reports to help Mexican businesses file their tax returns faster, with more visibility than ever.
Normally, the process requires significant overhead, time, and expenses. “The traditional process involves a lot of people, usually an accountant, and takes around two weeks to complete,” explained Aldo. “With Bento, you can do everything in two or three hours.”
With Aldo’s system, tax returns take only a fraction of the time — and cost a fraction of the price. “I don’t need a big IT team, because everything is automatic,” he said. “Using Bento, one person can do the same job as 10 people at a bigger company. And they can do it for 25 percent of the cost.” Aldo even builds his own custom computers capable of running the software he created, cutting costs even further.
With a rapidly expanding client portfolio, Aldo hopes to grow Bento to fill a unique need in Mexico’s fiscal system — and help its businesses prosper and thrive.
Are you looking to expand your skills to grow your next big idea? Explore coding and data analytics boot camps at Tecnológico de Monterrey.