Intuit QuickBooks has unveiled a series of new product innovations, which will help deliver a more intelligent and automated accounting experience.
Among the innovations is QuickBooks Payments which, allows users to connect their bank account to a pay now button on invoices, so that their customers can complete a direct payment in just a few clicks.
Payments are automatically reconciled, keeping books up to date with minimal manual effort. This new functionality is fully integrated with QuickBooks Online and works across all devices, supporting quicker settlement times, and with competitive transaction fees.
Categorising bank transactions is one of the most repetitive and error-prone tasks in accounting. Intuit’s new AI-powered bank feed in QuickBooks addresses this by learning from users’ previous actions and suggesting categories based on historical patterns. Each suggestion is accompanied by a clear explanation, allowing users to review, approve, or amend with confidence—streamlining workflows and improving accuracy.
Intuit has also streamlined and automated how its customers track the depreciation of fixed assets in QuickBooks Online Advanced, which now supports reducing balance depreciation, expanding its fixed asset capabilities to better meet the needs of finance teams.
Ciarán Quilty, Senior Vice President of International at Intuit said: “Driven by direct feedback from our customers, these latest innovations are powerful examples of how we’re using AI to simplify financial workflows, improve accuracy, and give our customers more time to focus on what matters most. We’re re-imagining our entire connected business platform and I couldn’t be more excited about what’s coming.”
The full suite of innovations can be explored in detail at Intuit’s new QuickBooks Launchpad.
