Intuit Teams Up With Box To Power Cloud Collaboration For Small Businesses and Accountants

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New Feature Enables Secure Document Sharing Inside QuickBooks Online

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Intuit Inc. (Nasdaq: INTU) is partnering with Box to deliver a new document collaboration center directly inside QuickBooks Online Accountant. The partnership is the latest example of how the QuickBooks ecosystem delivers on the promise of the small business cloud by offering the full range of business management tools that integrate seamlessly together.

“Our partnership with Box is all about strengthening the relationship between small businesses and accounting professionals by making it easier than ever to share information,” said Dan Wernikoff, senior vice president and general manager of Intuit’s Small Business Group. “We know that accounting professionals are one of a small businesses most trusted advisors. The new document sharing center in QuickBooks Online Accountant is a simple but powerful way of leveraging the cloud to make the accountant-small business relationship even stronger.”

“The cloud enables small businesses to leverage the same best-in-class technologies that were previously only available to the largest enterprises in the world,” said Dan Levin, COO of Box. “Box and Intuit are committed to transforming how accounting professionals and small businesses collaborate and stay productive by providing them with a powerful content platform for securely managing financial information.”

QuickBooks Client Document Center Powered by Box

The new document center, which will be available in early 2015, allows accounting professionals to request and receive documents from clients directly inside of the new QuickBooks Online Accountant:

  • Accounting professionals will automatically receive a free 10GB Box account.
  • The document center makes it easy for accounting professionals to request documents, and keep track of what they’ve requested and received.
  • Small businesses can respond to requests, upload documents and view them from within their own QuickBooks Online account.
  • The document center benefits from Box’s best-in-class security standards.

New QuickBooks Offerings for Small Businesses, Developers and Accountants

The partnership with Box is one of the hundred new product enhancements unveiled at QuickBooks Connect, a first-of-its-kind conference that brought together small business, entrepreneurs, accountants and developers. Intuit is also:

  • Making accounting seem invisible for small businesses because the time-intensive work of keeping the books organized happens automatically every time an invoice is sent, a customer makes a payment, or an employee gets paid. Click here for more details about the new QuickBooks products and services for small businesses.
  • Launching a new developer experience and app store so developers can create next generation business management solutions with best-in-class developer tools and access a global market of cloud-based small businesses. Click here for more details about the new developer experience.
  • Revolutionizing the way accounting professionals work with their small business clients so that the books are always up-to-date and the accountant-small business relationship can focus on offering business advice and insights. Click here for more details about the new QuickBooks Online Accountant product.

About Intuit Inc.

Intuit Inc. creates business and financial management solutions that simplify the business of life for small businesses, consumers and accounting professionals.

Its flagship products and services include QuickBooks®, Quicken® and TurboTax®, which make it easier to manage small businesses and payroll processing, personal finance, and tax preparation and filing. Mint.com provides a fresh, easy and intelligent way for people to manage their money, while Demandforce® offers marketing and communication tools for small businesses. ProSeries® and Lacerte® are Intuit's leading tax preparation offerings for professional accountants.

Founded in 1983, Intuit had revenue of $4.5 billion in its fiscal year 2014. The company has approximately 8,000 employees with major offices in the United States, Canada, the United Kingdom, India and other locations. More information can be found at www.intuit.com.

Intuit Inc.
Steve Sharpe, 650-224-2362
stephen_sharpe@intuit.com
or
Access Communications
Jen Garcia, 415-844-6244
jgarcia@accesspr.com

Source: Intuit Inc.

Released October 22, 2014