Intuit Brings AI-Powered Financial Platform To Australian Businesses And Accountants
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Financial technology company, Intuit, has launched its Intuit Intelligence platform in Australia, bringing AI-driven automation and insights to its QuickBooks and Intuit Accountant Suite products for local businesses and accounting firms. The platform, which is now rolling out internationally, uses a combination of large language models, machine learning and deterministic code to automate financial tasks, surface business insights and support advisory work. Intuit claims early adopters are saving an average of 13 hours a month. The company reports that 70 per cent of customers using the platform are confident their books are done correctly, and that accountants are spending 30 per cent more time on client advisory work. Managing Director of Intuit Australia, Anthony Capano, framed the launch around the concerns he hears from local business owners. "Every conversation I have with a business owner comes back to the same three things: is my cash flow healthy, am I winning the next sale, and do I have the time to actually run the business," Capano remarked. "This is where that bigger shift shows up for Australian businesses. Intuit Intelligence takes on more of the day-to-day work automatically and brings forward the insights business owners and their accountants need, while leaving the decisions with them," he continued. "That matters, because trust is as important as speed...
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