Sept 17 (Askume) – TurboTax maker Intuit (INTU.O) said on Tuesday it has launched a new suite of customizable business financial products in the United States to attract customers looking for an all-in-one solution to manage their finances.
Enterprise customers are increasingly looking to invest in AI-powered platforms that integrate various products of their choice into a single solution and help them automate key processes, including finance and accounting.
The Mountain View, California-based company’s products, which include personal finance portal Credit Karma and accounting software QuickBooks, can be integrated into contract-based enterprise suites.
“We think this will be an important part of growing our business,” said Laurent Cellier, senior vice president of mid-market and workforce solutions for Intuit QuickBooks.
Sellier said the annual cost for a company with a single business operation is about $7,800, while the annual cost for a company with multiple business operations is about $12,000.
Intuit last monthFiscal year 2025 revenue was forecast to be higher than analysts had expected. The company also announced in July that it would lay off 1,800 employees , 10% of its total workforce , and shift its main investments to artificial intelligence.
