Intuit’s Quickbooks to Get Integration With Amazon Sellers

<p><strong>MOUNTAIN VIEW<&sol;strong> &&num;8212&semi; Intuit Inc&period; and Amazon announced a multi-year strategic partnership to empower millions of Amazon sellers to manage their finances&comma; stay compliant&comma; access capital&comma; and grow their business&period; By leveraging Intuit’s AI-driven expert platform&comma; millions of Amazon sellers can benefit from financial insights like profitability&comma; cash flow&comma; and estimated tax liabilities to fuel their growth&period;<&sol;p>&NewLine;<p>QuickBooks will become Amazon’s preferred partner for financial management solutions integrated directly in Amazon Seller Central&comma; the Amazon site where sellers manage their businesses&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Intuit and Amazon are providing financial tools for millions of Amazon sellers to thrive in Amazon’s store&comma;” said Intuit CEO Sasan Goodarzi&period; &OpenCurlyDoubleQuote;We know businesses that use Intuit’s QuickBooks platform have a nearly 20-point higher success rate than those who don’t&period; We’re proud to partner with Amazon to bring the benefits of our AI-driven expert platform to help sellers boost their revenue and profitability&comma; save time&comma; and grow with confidence&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Amazon is innovating on behalf of sellers every day to support the growth and success of their businesses&comma; which includes providing sellers with streamlined access to third-party tools that offer additional efficiencies and capabilities to help them operate their business&comma;” said Dharmesh Mehta&comma; VP WW Selling Partner Services at Amazon&period; &OpenCurlyDoubleQuote;Together with Intuit&comma; we’re working to equip our selling partners with additional financial tools and access to capital to help them scale efficiently&period;”<&sol;p>&NewLine;<p>This partnership will help Amazon sellers manage and grow their businesses with real-time financial updates&comma; powered by new integrations&period; Sellers will have the ability to bring their existing Amazon data into Intuit’s AI-powered business platform&comma; ultimately making it easier for sellers to understand and optimize profitability&comma; manage cash flow&comma; access capital&comma; and simplify taxes with confidence&period;<&sol;p>&NewLine;<p>Key benefits for sellers include&colon;<&sol;p>&NewLine;<ul class&equals;"bwlistdisc">&NewLine;<li><b>Comprehensive financial management<&sol;b>&colon; The integrated&comma; data-driven experience will allow sellers to seamlessly access QuickBooks for end-to-end visibility into their financials in one place to manage profitability&comma; cash flow&comma; inventory&comma; and real-time tax estimates&period; The ability to manage their business end-to-end will not only fuel their success&comma; but also give sellers confidence they’re compliant and ready for tax time with streamlined filing through the Intuit platform&period; Sellers will be able to make more informed decisions that boost their financial health&period;<&sol;li>&NewLine;<li><b>Simplified access to capital&colon; <&sol;b>Eligible Amazon sellers using QuickBooks will have access to personalized loans through QuickBooks Capital directly from Amazon Seller Central&period; This collaboration streamlines the process for small businesses to secure funding to accelerate their growth&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<p><b>A pathway to growth<&sol;b><&sol;p>&NewLine;<p>Intuit’s AI-powered business platform helps small and mid-market businesses gain deep insights into where they stand and helps them stay compliant and organized so they can focus on growing their business&period; This includes access to a robust financial and workforce management platform&comma; with multi-entity financial management&comma; payroll&comma; bill pay and payments&comma; marketing automation&comma; live expert help&comma; third-party integrations&comma; and more&period; Intuit&&num;8217&semi;s objective is to leverage its platform capabilities to grow with Amazon sellers and fuel their success&period;<&sol;p>&NewLine;