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Intuit launches QuickBooks as an online accounting software for SMBs

Intuit, a business and financial management
solution for Small and Medium Businesses (SMBs) has launched QuickBooks as a cloud
based solution that enables small businesses to create localised invoices, pay
bills and track expenses without any expertise.

Intuit, a business and financial management
solution for Small and Medium Businesses (SMBs) has launched QuickBooks as a cloud
based solution that enables small businesses to create localised invoices, pay
bills and track expenses without any expertise.

According to the company, QuickBooks has
about 1.3 million users worldwide and is available in 150 countries. With the
increase in broadband penetration and the growth of SMBs in the country Intuit
believes that India offers a huge potential for growth.

Nikhil Arora, Vice-President and Managing
Director, Intuit India, said: “In today’s dynamic business environment, it is
imperative for small business owners in India to focus on growing their
business rather than accounting and bookkeeping. We want to be the end-to-end
solutions provider for India’s small business ecosystem. In the next 10 years,
we want one in four small businesses in India to use our products.”

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