AI Meets Accounting: The Future of QuickBooks with Intuit Intelligence

Written By: Michael Haydock

Intuit recently rolled out their new AI intelligence system, Intuit Intelligence, which is designed to provide businesses with “everything they need to compete and grow in the AI era”. This new system is found exclusively in Intuit Accountant Suite and Intuit Enterprise Suite.

If you want to view what AI agents you have access to, this can be done by clicking on “View all” in the Business Feed on the main dashboard:

You will then see a list of all AI agents you are able to utilize on the right side of the screen along with links to learn more about how to access and best use each agent:

According to Intuit, Intuit Intelligence is a revolutionary system designed to unify a business’ data and provide a virtual team of AI agents to assist businesses across many different areas including growing and managing customers, payments, payroll, accounting, and tax services. Intuit Intelligence is designed to be so user-friendly that you can ask it anything:

• Instant, accurate answers: Customers can ask any business question-from “How do I turn leads into sales?” to “What’s my projected profitability?” – and receive immediate, data-backed answers and customized recommendations that drive growth.
• Automated task completion: Simply use a prompt, such as “Run my payroll,” to complete complex tasks automatically, or build custom solutions that provide businesses with actionable insights that matter most to them.
• Actionable insights: Securely ingesting data from Intuit sources, third-party systems, and spreadsheets, Intuit Intelligence will instantly generate rich insights, reports, and KPI scorecards that drive confident, faster decisions.

Alongside the introduction of Intuit Intelligence, Intuit has also announced improvements to preexisting accounting AI agents. The improved AI agents are as follows:

• Accounting Agent: Improvements include expanded anomaly detection, AI-powered reconciliations, and more accurate automated transactions categorizations across classes and dimensions, and delivering cleaner, more accurate books
• Project Management Agent: Improvements now include converting signed contracts into projects during project set-up, provide deeper project profitability insights that consider changes in project scope or item cost increases, all summarized on a refreshed project overview dashboard

If you have any questions about Intuit Intelligence and how you can best utilize it in your day-to-day business activities, please contact your Porte Brown advisor.