Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Intuit       

INTUIT
Mes dernières consult.
Most popular
SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Intuit Inc. : QuickBooks Online Suite Bolsters Productivity for Small Businesses

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/28/2012 | 02:35pm CEST

Updates Deliver Personalized and Complete Financial Management to More Than 360,000 Subscribers

Small business owners no longer have to be the jack of all trades. They can be the jack of their own trade.

New additions to QuickBooks Online and its suite of connected applications deliver a complete financial management solution to any small business. Instead of making due with a patchwork of many separate back-office solutions, small business owners can personalize an all-in-one financial management experience that runs the back office so they can be more productive and focus on running their businesses.

For more than 360,000 paying small business subscribers, the online financial management program from Intuit Inc. (Nasdaq: INTU), makers of the best-selling QuickBooks software, does more than accounting. As an open system, it adds value through seamless integration with Intuit apps and third-party apps, and mobile access to data.

"It's a transformative time for small businesses and their accounting partners as online and mobile solutions become the norm," said Dan Wernikoff, senior vice president and general manager of Intuit's Financial Management Solutions division. "We're seeing 28 percent annual growth in our QuickBooks Online customers, and saw our QuickBooks Mobile users triple over the past year. We're committed to serving the needs of this fast-growing community in the U.S. and abroad with innovations and an always-on, hassle-free experience that helps small businesses save time managing their finances."

More Power, More Flexible

The latest updates to the QuickBooks Online suite make it more powerful, more flexible and easier to use than ever:

  • Unlock data to save time on critical tasks. The new Downloaded Transactions feature borrows the ease of use in Mint.com to help small businesses save significant time banking in QuickBooks Online. Eliminating manual entry and minimizing errors, Downloaded Transactions automatically imports and smartly categorizes new transactions from a user's bank or credit card accounts. After users categorize a transaction once, QuickBooks Online learns and applies the rule. Users always control what transactions save to their books and have the latest transactions at their fingertips without having to log into bank or credit card accounts.

Small businesses can get paid faster with Money Bar, another new feature. It centralizes income forms, including estimates, invoices and sales receipts, summarizes totals for due or past due transaction items, and then guides the user to take immediate action. A patent-pending status bar shows progress as the user banks income, tracking a transaction's status from estimate to paid.

  • Complete more key tasks on the go. Feature additions to QuickBooks Mobile, such as the ability to record payments, provide total access to invoices and customer balances in QuickBooks Online. QuickBooks Mobile is a free companion app and is the most comprehensive of its kind. It is available on Apple and Android mobile devices.
  • Customize QuickBooks Online with third-party applications. New add-ons fully integrate with QuickBooks Online data to create tailored solutions that serve the distinct needs of every small business, including project management and inventory management. Businesses can try and buy apps at the Intuit App Center, including premier solutions, such as Bill.com, Mavenlink, Salesforce for QuickBooks and SOS Inventory.

These updates to QuickBooks Online not only help small businesses spend less time on accounting, they also improve client-accountant collaboration.

"Downloaded Transactions and Money Bar are significant time-saving additions to QuickBooks Online. They make online banking and income tracking really efficient and ensure the user is always in control, making mistakes a lot less common," said Stacy Kildal, a certified public accountant, owner of Kildal Services in Waterford, Mich. and co-host of RadioFreeQB.com. "Seeing the delight on my clients' faces when they realize how much time these improvements will save them never gets old to me. One client even described the ability to stay on top of her receivables with Money Bar 'a visible sense of accomplishment!'"

Learn more and sign up for QuickBooks Online at http://www.quickbooks.com/.

Resources:

About Intuit Inc.

Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax®, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit's leading tax preparation offerings for professional accountants. Intuit Financial Services provides enhanced online banking solutions and unique insights to help banks and credit unions serve businesses and consumers with innovative solutions.

Founded in 1983, Intuit had annual revenue of $4.2 billion in its fiscal year 2012. The company has approximately 8,000 employees with major offices in the United States, Canada, the United Kingdom, India and other locations. More information can be found at www.intuit.com.

Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries.

Intuit Inc.
Monica Appelbe, 650-944-5648
[email protected]
or
Access Communications
Whitney MacDonald, 415-844-6294
[email protected]


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on INTUIT
10/16 INTUIT : Vote Now for Intuit’s Global Firm of the Future Contest
10/10 JPMorgan, Temasek lead $100 million investment in payments company Bill.com
10/06 INTUIT : ex-dividend day
10/03 INTUIT HOSTS INVESTOR DAY : Reaffirms First-quarter and Fiscal 2018 Guidance
10/02 INTUIT : Breakfast Technical Briefing on Application Software Stocks -- FireEye,..
09/28 INTUIT : Patent Issued for Methods, Systems, and Articles of Manufacture for Ana..
09/28 INTUIT : Hosts Annual Investor Day on Oct. 3
09/26 INTUIT : Hosts Annual Investor Day on Oct. 3
09/21 INTUIT : Announces Top Four Global Firms of Future
09/14 INTUIT : Patent Issued for Defining Application Programming Interfaces (APIS) Us..
More news
News from SeekingAlpha
2015 Intuit A Great Company But Overvalued
2015 Intuit lays off 399 workers; Demandforce chief steps down
2015 Factors That Make Intuit A Great Investment
2015 ADP : Feud With Zenefits Boils Over Creating Disruption For SMB's
2015 Bulls May Be Getting Ready To Push Stocks Higher
Financials ($)
Sales 2018 5 692 M
EBIT 2018 1 918 M
Net income 2018 1 053 M
Finance 2018 855 M
Yield 2018 1,08%
P/E ratio 2018 35,63
P/E ratio 2019 31,61
EV / Sales 2018 6,38x
EV / Sales 2019 5,79x
Capitalization 37 150 M
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 142 $
Spread / Average Target -2,1%
EPS Revisions
Managers
NameTitle
Brad D. Smith Chairman, President & Chief Executive Officer
R. Neil Williams Chief Financial Officer & Executive Vice President
Henry Tayloe Stansbury Chief Technology Officer & Executive VP
Scott D. Cook Director
Dennis D. Powell Independent Non-Employee Director
Sector and Competitors
1st jan.Capitalization (M$)
INTUIT37 150
ORACLE CORPORATION26.42%203 917
SAP14.87%136 830
INTUIT27.08%37 150
SERVICENOW INC64.50%20 724
CONSTELLATION SOFTWARE INC.20.20%12 543