공시 • May 14
Intuit Inc. Unlocks New Phase of Growth for Mid-Market Businesses with Intuit Enterprise Suite Enhancements
Intuit Inc. announced several enhancements to Intuit Enterprise Suite, providing mid-market businesses with a command center that delivers AI-powered, real-time insights, automates complex financial management processes, and fully integrates Human Capital Management operations and money transactions in one place so they can save time and make faster, more profitable decisions. Intuit Enterprise Suite is transforming how more complex, mid-market businesses grow and scale, eliminating the need for companies to adopt traditional ERPs that are hard to use and require long, costly implementations. Intuit Enterprise Suite delivers more advanced automations for multi-entity businesses, accelerates insights with new dimensional reporting, and adds construction-specific capabilities that help improve cash flow. Intuit Enterprise Suite offers a powerful financial platform capable of managing 200+ entities and millions in revenue, with multi-dimensional financial management, business intelligence and reporting, payments and bill pay, project profitability, payroll, HR, and marketing, in one connected, scalable, cloud-based platform. Intuit Enterprise Suite is built on the Intuit platform, it’s easy to use and fast to adopt, with 90% of customers completing their migration in less than 30 days. A new conversational “chat” interface also helps finance teams automate processes and save time on recurring tasks, turning manual steps into intelligent, done-for-you workflows powered by a team of virtual AI agents. Intuit Enterprise Suite delivers new and expanded capabilities for multi-entity businesses that streamline operations and help eliminate the manual processes of the financial close by bringing workflows directly into the platform with: Automated Cross-Entity Accounting Workflows: Automatically generate and track intercompany eliminations at the transaction level and upload journal entries from spreadsheets, keeping consolidated reports accurate while reducing manual end-of-period reconciliation processes. Multi-level Entity Hierarchy and Consolidation: Customize and create multiple hierarchies that reflect a business’s tax, legal, and operational needs, reducing errors and enabling faster, more accurate reporting. Auto-Categorize Intercompany Sales with AI: AI automatically suggests and pre-populates categories on bills generated from intercompany sales based on prior behaviors, reducing manual effort while allowing users to review and adjust before finalizing. Cross-company Bill Pay: Pay bills across any entity bank account and the system automatically creates the related intercompany journal entries in the appropriate entities, keeping records accurate and making reconciliation simpler and faster. Meaningful reporting starts with consistently structured data. New and expanded capabilities that give finance teams a single source of truth for how a business is actually performing include: Enhanced Reporting with Dimensions: Group report columns and apply filters by dimensions within financial and sales reports, gaining improved visibility into performance based on how a business is structured. Dimension Defaults for Customers, Vendors, and Projects: Eliminate the manual process of assigning dimensions on each transaction with the ability to now set automated default dimensions on customer, vendor, and project records. Peer Benchmarking: Surface how performance compares across industry, revenue band, and location, drawn from the actual transaction data of millions of real businesses. Intuit launched Intuit Enterprise Suite construction edition, the company’s first industry-specific ERP purpose-built for mid-market construction businesses. New and expanded capabilities specifically designed for construction businesses that deepen the real-time financial visibility across a job’s lifecycle include: Expanded Project Management Agent: Streamline expense allocation and reduce the risk of potential gaps between estimates and actuals with AI-powered cost recommendations, protecting project margins and improving profitability. Expanded Work In Progress Reports: Added industry-standard fields and automated calculations provide deeper financial insights that help better manage cash flow, address risks earlier, and monitor overall job profitability. New Flexible Job Costing: Easily transition from job bid to execution with a more detailed job costing approach, without data loss or manual rework. Intuit’s new workforce solution equips mid-market businesses with robust HCM capabilities that sync every facet of their workforce management responsibilities, including payroll, time tracking, benefits, hiring, recruiting, and performance. Businesses can manage their full workforce functions alongside their financials on a single platform, providing a holistic, 360-degree view of their business operations, improving data accuracy and saving time and money, which are critical to business success. New AI capabilities, HCM integrations, and construction-specific platform customizations and workflows are rolling out to all US-based Intuit Enterprise Suite customers.