Intuit Inc. (Nasdaq:INTU) announced today the availability of free
Practice Management features in QuickBooks Online Accountant,
significantly reducing the number of tools accounting professionals need
to manage their practice. Accountants in Australia, Canada, France, the
United Kingdom and United States can now access the features directly in
QuickBooks Online Accountant. The new work dashboard is fully
mobile-enabled and gives accountants the power to track their work in
the same place where they get it done. The availability of this first
set of practice management features is the first step toward providing
an end-to-end practice management solution designed with the accounting
professional in mind.
“The Practice Management features in QuickBooks Online Accountant allow
accountants to seamlessly track and coordinate all the work associated
with their clients and firm, in one place, to help ensure nothing falls
through the cracks,” said Rich Preece, leader of Intuit’s Accountant
Segment, Small Business Group. “Accountants can now get high-level
visibility across their initiatives – all in the cloud – and collaborate
with clients and staff members much more efficiently.”
To develop the first Practice Management feature set, Intuit watched
accountants complete their work and designed the new dashboard to solve
three key challenges:
-
From tedious management to command center: accountant work is
completely deadline-driven, and the number of deadlines is enormous.
The existing process to track client information and work is
cumbersome, disjointed and highly manual, leaving employees
overwhelmed and firm owners feeling anxious that deadlines might be
missed, resulting in potential fines and client losses. With Practice
Management, it takes seconds to create new jobs or tasks and assign
them. Accountants can then edit job cards straight from the dashboard.
-
From disconnected to integrated solutions: accountants often
use several separate spreadsheets to track employees’ granular tasks,
keep management informed of progress and track client information.
Often times, there is no or very little integration between the tools
they use every day to complete their work. QuickBooks Online
Accountant is directly connected to the applications accountants use
to perform work, making it the source of truth for client data and
work management.
-
From broken to central client communication: accountant
communication with clients happens outside the context of work, which
introduces challenges as much gets lost in translation. In fact,
Intuit estimates accounting professionals spend 65 percent of their
time tracking down source documents from clients. Practice Management
features allow them to send document requests and messages to clients
from QuickBooks Online Accountant. Clients can view and respond
directly from QuickBooks Online.
Practice Management is free, regardless of the firm size or number of
clients. Click here to see
Practice Management in action and for more information, visit bit.ly/practicemanage.
Practice Management User Quotes:
-
“The limited integration between various tools used to make me worried
I might miss a deadline. QuickBooks Online Accountant manages my
workflow seamlessly in one spot, helping me manage employees’ tasks
and track client information.” Leanne Davis, Owner Operator,
Sort
it Out – Office Assist
, Albury, Australia.
-
“The new Practice Management features have enabled Jetstream
Administration to be focused on delivering results to our clients
instead of juggling multiple platforms of task lists and document
requests. In one place, we can see what needs to be done and get it
done!” Jennifer Bauldic, President,
Jetstream
Administration, Inc., Toronto, Canada.
-
“Intuit as a company is always proactively looking for ways in which
accountants’ lives can be made easier, and Practice Management is a
feature which ticks this box so well. Anything that helps me to run a
better business is very welcomed! This new feature gives the ability
for me to create and assign new jobs or tasks in seconds and edit them
straight from the dashboard. Less chance of deadlines being missed.
Great!” Fiona Fraser, Chartered Accountant and Founder of
Fraser+
Accountants
, Perth, Scotland
-
“The new Practice Management in QuickBooks Online Accountant is saving
me time before I even start using it! The first time I clicked on the
‘Work’ tab, it had already created payroll jobs based on my client
list. Thanks for thinking of me, QuickBooks Online Accountant team!”
Stacy Kildal, Founder,
Kildal
Services
, White Lake, Michigan.
About Intuit
Intuit Inc. is committed to powering
prosperity around the world for consumers, small businesses and the
self-employed through its ecosystem of innovative financial management
solutions.
Its flagship products and services include QuickBooks®
and TurboTax®, which make it
easier to manage small
businesses and tax
preparation and filing. QuickBooks
Self-Employed provides freelancers and independent contractors with
an easy and affordable way to manage their finances and save money at
tax time, while Mint delivers
financial tools and insights to help people make smart choices about
their money.
Intuit's ProConnect
brand portfolio includes ProConnect
Tax Online, ProSeries®
and Lacerte®, the
company's leading tax preparation offerings for professional accountants.
Founded in 1983, Intuit serves 42 million customers in North America,
Europe, Australia and Brazil, with revenue of $4.7 billion in its fiscal
year 2016. The company has approximately 7,900 employees with major
offices in the United States, Canada,
the United Kingdom, India,
Australia and other locations.
More information can be found at www.intuit.com.