Intuit Acquires OneSaas

Intuit Ecosystem, Investors, News Intuit Acquires OneSaas

Aquisition to Accelerate the Integration of Third-Party e-Commerce Solutions with the QuickBooks Platform

To help small businesses prosper in an omni-channel commerce world, Intuit has acquired the technology company OneSaas to accelerate the integration of third-party ecommerce solutions with the QuickBooks platform. This technology will deepen data integrations in QuickBooks Commerce, a new product that allows small businesses to better manage their in-person, online and overall omnichannel sales. 

As small businesses continue to adapt to the economic impact of COVID-19, selling products across as many online channels as possible remains a critical path to growth. But making sense of all that omnichannel commerce data can be a challenge due to its disparate nature. OneSaas is an infrastructure platform that integrates data streams from marketplaces, point-of-sale, fulfillment and other categories of ecommerce platforms, normalizing the data for consumption by QuickBook Commerce, so our customers can see a more complete view of and best manage their omnichannel  business. 

“Now more than ever, it’s critical for small businesses to have an omni-channel sales strategy,” said Alex Chriss, EVP and GM of QuickBooks. “The OneSaas team has built an outstanding data integration platform that makes it easier for our small business owners to manage and grow their business through new channels, and the confidence to make decisions through actionable insights that drive profitability.”

Based in Sydney, Australia, OneSaas was founded in 2010 by Corneliu Tusnea who is also the current chief technology officer. Its team has a decade of ecommerce data integration experience providing omnichannel sales data automation for accounting, fulfilment, inventory management, marketing applications and their customers. OneSaas has been a partner of Intuit and part of the QuickBooks App Store since 2014.

”The OneSaas relationship with Intuit has evolved to become closely aligned over the past several years,” said Jeff Perlman, CEO of OneSaas. “Our mission has always been to help businesses understand and benefit from their own commerce data. Joining forces with the Intuit QuickBooks team is the right way for us to help more businesses prosper through ecommerce.”

QuickBooks Commerce is a new way for product-based businesses to develop omni-channel commerce capabilities and run their business, all on one powerful platform. Customers can launch and manage products across multiple online and offline sales channels, manage inventory, orders and fulfillment from multiple channels and across multiple inventory locations. Adding OneSaas’s powerful data integration tools will help our customers gain even more meaningful insights about their business.

At QuickBooks, we are the trusted partner of small businesses, helping our customers manage complexity and achieve success for more than 25 years. We began by helping small businesses manage their books, and grew into a platform that helps them get paid fast, manage capital, and pay employees with confidence. We have used our fintech experience to quickly help our customers get more than $1.2 billion in SBA-approved Paycheck Protection Program loans and save hundreds of thousands of jobs. We launched a new platform for product-based businesses, provide on-demand accounting experts, and democratized machine learning by adding it to our services for the benefit of small businesses. QuickBooks is in the business of creating smart, indispensable financial tools that help small businesses grow and achieve prosperity.