Bank of Montreal and Intuit Inc© have made financial management easier and more secure for businesses across Canada. If you’re a BMO Business Banking client with a BMO Online Banking account, you can now have a smooth and secure connection with QuickBooks Online that puts you in greater control of your financial data management for your business. BMO’s Business Banking clients using QuickBooks Online will now benefit from:
- Smooth and secure login to QuickBooks Online – there’s no need to worry about your login information being shared as the connection is made directly through BMO.
- Less time spent on data entry as transactions will automatically be pulled into QuickBooks Online.
- Reporting and analytics on account activity using a variety of built-in QuickBooks Online tools.
- The ability to download balances and transaction history for chequing and savings accounts in BMO.
“BMO and Intuit’s heightened platform enables our business clients to sign into BMO Online banking and seamlessly have their transactions loaded into QuickBooks without sharing login information with anyone but BMO,” said Mike Bonner, Head of Canadian Business Banking, BMO. “The enhanced features are more secure and provide a more accurate experience for our clients..”
"As part of our mission to power prosperity around the world, we focus on delivering three customer benefits through our global, AI-driven technology platform: more money, less work, and complete confidence," says Rajneesh Gupta, Global Head of Partnerships at Intuit. "Our partnership with BMO to create seamless experiences for shared customers through a secure technology infrastructure is a reflection of that commitment."
As the industry moves towards Open Banking, this is another example of our ongoing efforts to enable customers to manage their banking data to enable safe and secure financial decisions.
