{"id":45875,"date":"2025-07-29T20:28:08","date_gmt":"2025-07-29T20:28:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/45875\/"},"modified":"2025-07-29T20:28:08","modified_gmt":"2025-07-29T20:28:08","slug":"intuit-upgrades-quickbooks-as-small-businesses-tap-ai","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/45875\/","title":{"rendered":"Intuit Upgrades QuickBooks as Small Businesses Tap AI"},"content":{"rendered":"

Intuit<\/a>\u00a0has introduced updated automated accounting features for its\u00a0QuickBooks<\/a>\u00a0product.<\/p>\n

The new enhancements are designed to offer companies the use of artificial intelligence (AI) automation to help eliminate the use of \u201cmultiple disconnected tools,\u201d Intuit said in a\u00a0news release<\/a>\u00a0Tuesday (July 29).<\/p>\n

\u201cAs businesses grow in size and complexity, we know that they need a financial technology platform that provides deeper customisation, enhanced automation and features to get critical jobs done,\u201d Ciar\u00e1n Quilty<\/a>, Intuit\u2019s senior vice president of international, said\u00a0in the release.<\/p>\n

\u201cWe\u2019re committed to listening to our customers to help businesses and accountants work smarter, not harder, whilst gaining the financial expertise and confidence they need to succeed.\u201d<\/p>\n

Among the updates is \u201cQuickBooks Payments,\u201d letting users connect their bank accounts to a \u201cpay now\u201d button on invoices to\u00a0reduce late payments<\/a>.<\/p>\n

In addition, Intuit now offers an AI-powered bank feed, aimed at addressing issues related to\u00a0categorizing bank transactions, which the company calls \u201cone of the most repetitive and error-prone tasks in accounting.\u201d<\/p>\n

This tool can learn from users\u2019 actions and suggest categories based on historical patterns, letting businesses streamline workflows and improve accuracy.<\/p>\n

These updates come one week after Inuit\u00a0added AI agents<\/a>\u00a0to its Enterprise Suite, which can handle routine accounting tasks and other duties.<\/p>\n

As PYMNTS wrote soon after that launch, tools like these are helping small medium-sized business (SMB) owners use AI to level the\u00a0accounting services playing field<\/a>, offering these smaller operations access to tools that were once solely the domain of large enterprises.<\/p>\n

\u201cAI will amplify the value of accounting services for SMBs,\u201d\u00a0Ariege Misherghi<\/a>, senior vice president and general manager of accounts payable, accounts receivable and accountant channel at Bill, said in an interview with PYMNTS.<\/p>\n

\u201cOnce routine tasks like data extraction and\u00a0invoice processing<\/a>\u00a0are automated, accountants will be freed up to focus on higher value advisory work that only humans can provide: applying judgement, guiding SMBs through complex financial decisions and delivering strategic insights,\u201d Misherghi added.<\/p>\n

Lisa Huang<\/a>, senior vice president of product management at Xero, told PYMNTS that many accounting systems remain manual despite mounting external pressures for the industry.<\/p>\n

\u201cThe accounting and bookkeeping industry is at a turning point,\u201d Huang said. \u201cMany professionals are overworked and under-resourced, facing increasing client demand and rising pressure from evolving regulatory and compliance requirements.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Intuit\u00a0has introduced updated automated accounting features for its\u00a0QuickBooks\u00a0product. The new enhancements are designed to offer companies the use…\n","protected":false},"author":2,"featured_media":45876,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[36199,182,181,507,3299,35107,10408,3,3300,36200,74,3301,35109],"class_list":{"0":"post-45875","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-accounting","9":"tag-ai","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-b2b","13":"tag-b2b-payments","14":"tag-intuit","15":"tag-news","16":"tag-pymnts-news","17":"tag-quickbooks","18":"tag-technology","19":"tag-whats-hot","20":"tag-whats-hot-in-b2b"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/45875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=45875"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/45875\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/45876"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=45875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=45875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=45875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}