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QuickBooks Cash To Help SMBs Manage, Predict Cash Flow

PYMNTS

With Intuit ‘s QuickBooks Cash, a new business bank account feature, small- to medium-sized business (SMB) owners will have an easier time managing finances, the company said in a press release. QuickBooks Cash will offer a 1 percent interest rate, higher than the usual rate of.04

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5 Ways Firms Can Support Entrepreneurs in 2024

CPA Practice

CPAs and accountants are uniquely positioned to help their clients out with a variety of advisory services. The findings from the new Entrepreneurship in 2024 Report , conducted by Intuit QuickBooks in December 2023, solves for that, providing you a roadmap to help your clients. That hasn’t changed.

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B2B Payments Forging New Paths With B2C Tools

PYMNTS

At earlier moments of B2B FinTech development, the industry seemed to be following in the footsteps of the business-to-consumer space. The trend seems to be reviving, though, according to Intuit Developer Group Vice President Vinay Pai, small businesses could be leading the charge this time. Canada, U.K.

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FinTech Firms Take The Reins In Open Banking For SMBs

PYMNTS

Open Banking continues to explore new B2B use cases. This week, FinTech firms took the reins as they introduced application programming interface (API)-powered solutions for small businesses (SMBs). PYMNTS breaks down the latest in B2B Open Banking adoption below. Experian Leans Into The API.

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Intuit CEO Says Accountants Must Get On Board With AI

PYMNTS

Brad Smith, CEO of enterprise software firm Intuit , is warning accountants that they must embrace artificial intelligence (AI) in their professions or risk falling behind. According to news from Yahoo Finance , Smith spoke at the QuickBooks Connect conference to discuss the potential for AI to disrupt the accounting field.

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Accountants Reveal Small Businesses’ Biggest Financial Mistakes

PYMNTS

In a survey of more than 500 small and medium-sized business (SMBs) accountants and bookkeepers, business and financial software company Intuit found a few factors that frustrate the profession. It surpassed a lack of use of accounting software and not keeping on top of bills, cited by 60 percent and 57 percent, respectively.

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How Accountants-Turned-Advisors Can Manage The FinTech Deluge

PYMNTS

Technology may be enabling automation in small business (SMB) accounting and financial management, but rather than cutting out the need for human accountants in the field, this tech disruption is supporting a change in the profession. Recently, several technology firms have done just that.