Starting your own business
Accounting and bookkeeping: A guide for sole traders
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WORKING IN THE CLOUD
When it comes to managing cash flow, finding customers, and growing their business, small business owners have to make important decisions that can have a significant impact on their success. That’s where Intuit Assist for QuickBooks comes in—our new generative AI-powered financial assistant, soon to be available in beta. Intuit Assist is designed to help small business owners like you succeed. By surfacing powerful and relevant insights based on your business’s performance and your customers’ behaviour, Intuit Assist will help guide you on the spot, enabling you to make informed business decisions.
Intuit Assist will help your business thrive by automating tasks and workflows, like invoicing, building action plans to help you meet your business goals. You’ll have the ability to ask Intuit Assist to send invoices, surface profitability insights, identify your top-selling products by month, and more. If you also use Intuit Mailchimp, Intuit Assist will soon help optimise your sales pipeline by automatically drafting email responses to potential customers, using relevant product and service data from QuickBooks.
Intuit Assist is being built to help more with what is top of mind for small- and mid-sized businesses of all types. As a small business owner, you might not know what to ask, but Intuit Assist will be your always-on financial assistant working in the background, leveraging your business data and data points from businesses like yours to proactively surface personalised insights every step of the way.
Once available, you will be able to access Intuit Assist in QuickBooks. Some key ways Intuit Assist will help and support your businesses include the following:
Intuit Assist will help you save time and provide the insights you need to have a comprehensive view of where your business stands. It will proactively provide the right data and insights at key points in your journey to help you identify potential financial hurdles or take advantage of opportunities for growth.
Intuit Assist will automate tasks, like drafting invoice reminders, saving you time so you can focus on the big picture for your small business. If a gap in revenue is projected, Intuit Assist will surface those cash flow hotspots and deliver clear, personalised recommendations to help you close the gap and meet revenue goals.
Drawing knowledge from our extensive financial data, Intuit Assist will be able to create a fully customised action plan across both QuickBooks and Mailchimp that guides you to focus your attention for the greatest impact on your business success.
Technology continues to help small business owners better understand their business, streamline processes to save time, and grow their companies. We believe AI-driven innovations such as Intuit Assist are a vital part of powering your clients’ business success into the future.
Intuit Assist beta will be made available to selected UK QuickBooks customers who register their interest in the coming months. Intuit Assist and other AI features and functionalities are currently available at no additional cost to QuickBooks users. Pricing, terms, conditions, special features and service options are subject to change without notice. Intuit reserves the right to discontinue the feature at any time for any reason in its sole and absolute discretion.
This information contains forward-looking statements, including our expectations regarding the functionality and availability of current or future features. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause our actual results to differ materially from these expectations, as described in our SEC filings. This represents no obligation to deliver future features and shouldn't be relied on in making a purchasing decision. Additional terms, conditions and fees may apply.
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