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Fintechbits
Home » Intuit adds AI-powered financial assistant to QuickBooks
AI in Finance

Intuit adds AI-powered financial assistant to QuickBooks

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Intuition added a generative financial assistant powered by artificial intelligence (AI) to Quick Books.

The new Intuitive assistance for QuickBooks is designed to help small and medium-sized businesses (SMBs) by generating quotes, invoices, invoices and payment reminders and providing personalized recommendations, the company said in a Wednesday (Nov. 20) announcement. press release.

“With Intuit Assist, customers can leverage connected tools and services to manage and sustain business growth” Dave Talachsenior vice president of product at Intuit QuickBooks, said in the release. “This is a game-changer that allows business owners to work as if they have a larger team behind them, with a holistic view of their business. »

Intuit Assist features a new business feed on the QuickBooks home page that displays a dynamic view of user activity and highlights work being done by the AI ​​assistant for the user to review, according to the press release.

The AI ​​assistant can generate quotes, invoices or invoices based on information contained in emails, electronic documents or photos of handwritten notes; write personalized reminders when it detects overdue invoices; extract details from receipts and auto-populate them in QuickBooks; and match paid invoices or paid invoices to the corresponding bank transaction, the release said.

For customers new to QuickBooks, Intuit Assist can streamline setup by showing them how to connect with a live human expert who can guide them through the process, according to the release.

A beta customer of Intuit Assist for QuickBooks said in the release that the AI ​​assistant helps her save time on administrative tasks.

“When I first started using QuickBooks Online, I loved how it automatically generated reports and helped me track my goals and growth, but the addition of Intuit Assist really made an impact. the time and effort I have to spend performing manual tasks such as creating quotes and invoices,” Kim Crossowner of Zhi bath and bodysaid in the release.

Intuit announced in September that it would introduce Agentic AI capabilities in December and will continue to deploy them through 2025, adding them to its platforms and products.

Besides QuickBooks, Intuit is the parent company of TurboTax, Credit karma And MailChimp.

For all PYMNTS B2B coverage, subscribe daily B2B Newsletter.

PYMNTS-MonitorEdge-May-2024

See more in: AI, AI Assistants, artificial intelligence, B2B, B2B payments, chatbots, commercial payments, Generative AI, Intuition, Intuitive assistance, Intuitive Quickbooks, News, PYMNTS News, Quick Books, SMEs, What’s hot, What’s hot in B2B

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