Press release
Intuit Introduces QuickBooks Bill Pay, Expanding Money Platform to Deliver Business-to-Business Payments with AP Automation
New fully integrated, Intuit-built solution meets the bill pay needs of businesses of any size, including the ability to create seamless approval workflows
About this update from Intuit Inc.
[{"type":"text","content":"\nNew fully integrated, Intuit-built solution meets the bill pay needs of businesses of any size, including the ability to create seamless approval workflows\n\n\n MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--\nToday, Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced a new solution fully integrated within Intuit QuickBooks that transforms bill pay for businesses and delivers accounts payable (AP) automation - QuickBooks Bill Pay.\n\n\n“Across the QuickBooks platform, we’re revolutionizing money movement to improve the number-one problem small businesses face - cash flow - which impacts their success rates,” said David Talach, Senior Vice President of the QuickBooks Money Platform at Intuit. “QuickBooks Bill Pay is a key addition to our ecosystem as we aim to deliver a singular, end-to-end financial solution for small businesses to manage their money. Integrating Bill Pay with our other money offerings enables our customers to leverage game-changing automation capabilities and have the visibility and clarity they need when it comes to their finances.”\n\n\nFor many business owners, managing bill payments to vendors and contractors means piecing together disparate solutions, creating a complex and time-consuming web that can lead to late or missed payments, potentially impacting cash flow management and vendor relations. QuickBooks Bill Pay solves this problem head on, with tracking and paying bills now seamlessly integrated within the QuickBooks platform - a suite of powerful financial and accounting tools, delivering unparalleled benefits of simplicity, speed, and accuracy that can help businesses manage their money more effectively. And with QuickBooks’ integrated AP automation capabilities, small businesses save valuable time with manual entry reduced by 48%¹.\n\n\nQuickBooks Bill Pay provides small and mid-sized businesses with time-saving automation, digitized record-keeping, seamless payments, advanced controls with roles and permissions for their team, and simplified vendor and contractor management. Businesses can:\n\n\n\nCreate bills automatically: Import vendor invoices and QuickBooks will automatically create a bill. All businesses have to do is review and save.\n\n\n\nAssign ownership roles to employees: QuickBooks Bill Pay El...