INTU Intuit Inc.

CORRECTING and REPLACING QuickBooks Online Brings Faster Invoicing, Greater Collaboration to G Suite

Fourth paragraph, second sentence of the release dated March 29, 2017 should read: "With 1.87 million customers worldwide," (instead of "With 1.8 million customers worldwide,").

The corrected release reads:

QUICKBOOKS ONLINE BRINGS FASTER INVOICING, GREATER COLLABORATION TO G SUITE

Latest Integrations Provide Customers With Better Solutions to Run Their Small Business

Two new integrations with QuickBooks Online and G Suite will give small businesses better options for invoicing and communicating with their customers, Intuit Inc. (Nasdaq:INTU) announced today.

The new Gmail Add-on for Invoicing lets small business customers invoice their clients directly from Gmail. In addition, Intuit is developing another integration that brings team collaboration and QuickBooks functionality to Hangouts Chat, the new intelligent communication app in G Suite.

“We’re dedicated to helping small businesses around the world get paid fast. We know that often times their hard-earned payments are stalled because of manual invoicing processes, so we made it our mission to create frictionless invoicing from their point of need,” said Alex Chriss, senior vice president and chief product officer, Small Business Group at Intuit. “Half-a-million QuickBooks Online customers use Gmail to communicate with their clients, and now with this seamless integration, it’s easier for those small businesses to send invoices – and get paid faster as a result.”

The latest integrations are another example of Intuit’s continued efforts to find innovative ways to improve the day-to-day lives of small business owners. With 1.87 million customers worldwide, QuickBooks Online empowers small business owners and the self-employed to make better decisions while providing them with the right tools to run, grow and manage their business.

To achieve this, QuickBooks Online collaborates with companies such as Google to build innovative in-product experiences through third-party integrations. Today, QuickBooks is one of the world’s largest accounting platforms for small businesses, with integrations that offer a full range of solutions from payments, to collaboration to CRM tools.

Intuit announced its first integration between QuickBooks Online and G Suite called Bill My Time from Google Calendar in October at QuickBooks Connect. This integration allows business owners to schedule client work and appointments with Google Calendar, and makes these billable appointments available in QuickBooks for invoicing and managing finances. As a result, business owners are able to invoice faster by finding all scheduled client work in Google Calendar and auto-populating the total hours in their invoicing flow. QuickBooks small business owners can also sign up for QuickBooks Online directly from the G Suite Marketplace.

“I've been using Bill My Time with Google Calendar since last September, as a way to better manage and calculate my billable hours to accurately bill my clients,” said Zachary D. Mayhew, founder of Mayhew Financial Solutions, based in Indianapolis. “Since then, this integration has become indispensable to my firm. It has saved me hours of billing work and freed me up to focus more time on my core business activities.”

The complete QuickBooks and G Suite integration includes:

  • Gmail Add-on for Invoicing: Allows Gmail users and QuickBooks small business customers to generate and send invoices without ever leaving Gmail.
  • Hangouts Chat integration with QuickBooks: Enables teams to increase collaboration and run QuickBooks functionalities within the chat window.
  • Google Calendar and QuickBooks Online: Bill My Time with Google Calendar lets business owners schedule client work and appointments with Google Calendar, then seamlessly bill hours from QuickBooks.

The Gmail Add-on for Invoicing and Bill My Time with Google Calendar integrations were showcased during Intuit’s Innovation Gallery Walk in New York City this week.

This information is intended to outline our general product direction, but represents no obligation and should not be relied on in making a purchasing decision.

About Intuit

Intuit Inc. is committed to powering prosperity around the world for consumers, small businesses and the self-employed through its ecosystem of innovative financial management solutions.

Its flagship products and services include QuickBooks® and TurboTax®, which make it easier to manage small businesses and tax preparation and filing. QuickBooks Self-Employed provides freelancers and independent contractors with an easy and affordable way to manage their finances and save money at tax time, while Mint delivers financial tools and insights to help people make smart choices about their money.

Intuit's ProConnect brand portfolio includes ProConnect Tax OnlineProSeries® and Lacerte®, the company's leading tax preparation offerings for professional accountants.

Founded in 1983, Intuit serves 42 million customers in North America, Europe, Australia and Brazil, with revenue of $4.7 billion in its fiscal year 2016. The company has approximately 7,900 employees with major offices in the United StatesCanada, the United KingdomIndiaAustralia and other locations. More information can be found at www.intuit.com.

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30/03/2017

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