Not only does this involve the transfer of data, it requires learning a whole new system to run their accounting. This is especially important as businesses of all sizes get more complex with digital technology, remote workers, freelancers, regulations and more.Īlex Chriss, Senior Vice President, and Chief Product Officer, Small Business Self-Employed Group at Intuit, explained how the company has been helping small businesses as a partner in their entrepreneurial journey.Ĭhriss said, “As these businesses grow, many are faced with the decision to move off our platform, forced to transition to the next level of enterprise software that is both expensive and too complex for their needs. The company said this would be an alternative to high-priced mid-market offerings.įor small businesses, the affordability of QuickBooks Online Advanced makes this solution a tool they can use to leverage enterprise-grade services. The new cloud-based solution will leverage the large amounts of data generated by its 3.4 million online customers with artificial intelligence and machine learning to deliver insights businesses can use. Intuit (NASDAQ: INTU) announced the launch of QuickBooks Online Advanced with the goal of providing a better way to help growing companies understand their business.

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