Intuit rolls out AI QuickBooks enhancements as CEO eyes AI agents
Tax preparation and accounting software company Intuit has rolled out a series of new AI upgrades for its flagship QuickBooks product geared at helping business owners spend more time on higher-value tasks.
“The big opportunity is ’how do you get rid of that minutiae? How do you get some of that stuff to be just done for [business owners] so they can get back into speaking with customers?” said Dave Talach, senior vice president of product for Intuit QuickBooks, which has 10 million customers.
With Intuit Assist, customers can leverage connected tools and services to manage and keep a business growing. It’s a game changer that empowers business owners to work like they have a larger team behind them, with a holistic view of their business,” said Dave Talach, Senior Vice President, Product, Intuit QuickBooks. “These AI-powered automations, coupled with our trusted experts and key solutions across Intuit’s platform, provide done-for-you experiences that will help customers grow their business while dramatically reducing manual work.”
Most small businesses spend time manually entering data, creating estimates and invoices, and paying bills, often lacking a connected solution that can do it all in one place. On average, businesses use 10 different digital solutions to manage their operations, and because they aren’t connected, business owners waste time transferring data from one app to another, without a simple way to see a holistic view of their business on a single platform. Intuit Assist helps tackle these challenges, providing a connected, intuitive solution that gives them a clear, up-to-date picture of their finances. Intuit Assist allows customers to delegate daily administrative tasks like creating invoices and estimates and auto-matching expenses, freeing up time to focus on other tasks like driving growth. Intuit Assist also helps accomplish one of the most important goals for growing businesses — getting paid faster — with AI-generated invoice reminders for overdue invoices helping businesses get paid 45% faster, an average of 5 days sooner.1