More than 60% of mid-sized customers use Excel as a tool in managing their business. Customers are typically forced to manually transfer data back and forth from Excel to their other financial business tools.
Not on Intuit’s watch.
Planned for early 2022, QuickBooks® Online Advanced will offer two-way syncing with Excel to help businesses simplify and scale their operations, while reducing errors. This important integration will be made possible through a technology acquisition from DataDear.
Comprehensive reporting that is accurate, convenient, and provides actionable insights is essential to fueling a business’ success. Customers will be able to automatically sync data between Excel and QuickBooks Online Advanced. This much-requested capability will help businesses save time and further streamline data syncing at critical points in their business journey, whether they’re adopting accounting software or seeking enhanced reporting that delivers greater visibility into their operations. Customers will be able to build custom reports, in a tool they already use, without compromising on convenience or accuracy of data.
“We’re thrilled to deliver another powerful integration that meets the unique needs of mid-sized businesses,” said Alex Chriss, executive vice president and general manager of QuickBooks. “Further reducing complex workflows through automation, coupled with powerful customization capabilities, will enhance performance and scalability, and allow businesses at a critical point in their journey to reach a new level of growth.”
This feature integration further expands QuickBooks Online Advanced’s ability to serve as the source of truth, and a singular financial and business hub for mid-market businesses. It follows the addition of several best-in-class premium apps and purpose-built integrations to QuickBooks Online Advanced, including DocuSign, Bill.com, HubSpot, and LeanLaw.