Intuit Inc. (NASDAQ:INTU) has rolled out a series of updates to its Enterprise Suite platform, introducing AI-driven features aimed at streamlining operations for mid-market businesses. The enhancements include four new artificial intelligence agents designed to simplify financial management, accounting workflows, and project execution.
The company’s latest AI tools consist of a Finance Agent for reporting and forecasting, an Accounting Agent focused on automating bookkeeping tasks, a Project Management Agent to oversee project lifecycles, and a Payments Agent. According to Intuit, the Payments Agent can help accelerate cash flow, enabling businesses to “get paid an average of 5 days faster through automated invoice tracking and payment collection strategies.”
Enterprise Suite, initially launched in September, brings together a broad array of business functionalities including ERP tools, business intelligence, payments, payroll, and marketing in one integrated platform. The new features deepen its financial capabilities with multi-entity management support. These additions include consolidated reporting, a shared chart of accounts across entities, and a central hub for visibility into intercompany transactions.
The updated platform also introduces more robust analytics features. These include AI-powered reporting insights, advanced financial planning with three-way cash flow forecasting, and a KPI scorecard offering over 30 pre-set metrics covering key performance areas such as growth, efficiency, and profitability.
A survey conducted by the company among QuickBooks Online customers using Intuit Assist as of November 2024 revealed that “78% said the AI makes it easier to run their business,” while “68% reported it allows them to spend more time on growth activities.”
The newly enhanced Enterprise Suite is currently available in the U.S. and uses a contract-based pricing model. Costs vary depending on the specific needs and solutions tailored to each customer.
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