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Intuit Unveils Roadmap for Connected Mid-Market Applications at Mid-Market User Conference

Thu Sep 11, 2008 4:00pm EDT
Future Suite Fuses Back-office Power With Front-office
                       Productivity Applications
DALLAS--(Business Wire)--
At its third annual QuickBooks Enterprise User Conference, Intuit
(Nasdaq:INTU) today announced plans for its latest productivity
innovation for mid-market businesses, the Intuit Enterprise Suite. The
suite will be a single location for customers to access online
applications connected with Intuit QuickBooks Enterprise Solutions to
increase collaboration and productivity across back- and front-office
functions. The first phase will be delivered this fall with the
availability of applications that address inventory, field service and
sales management.

   "This will bring a new level of front-office productivity that
delivers on our promise of power, ease and value; it also is an
integral part of Intuit's Connected Services strategy," said Angus
Thomson, vice president and general manager of Intuit's Mid-Market
Group. "By seamlessly connecting the customer, vendor and employee
data contained in QuickBooks with new online applications, we give
mid-market businesses access to powerful information that can be
applied to jobs far beyond accounting."

   Mid-market businesses are increasingly looking for ways to
collaborate and grow their businesses. Today, many businesses are
forced to select and integrate disparate point solutions to
effectively manage their operations. The Intuit Enterprise Suite will
provide a centralized location for businesses to select from a series
of easy-to-use online applications and quickly get up and running
without the need for complex IT integration or support.

   The First Step Toward the Vision

   The initial phase of the vision will be delivered this fall.
Applications currently under development include:

   --  Intuit Field Service Management ES: an application powered by
        Corrigo to enable service businesses to more efficiently
        manage and schedule service calls and appointments for their
        mobile workforce.

   --  Intuit Warehouse Management ES: a system powered by AccuCode
        to help product-based businesses get more from their inventory
        by tracking the items they have, where they are housed among
        multiple warehouse locations and how to get them to their
        customers.

   --  Intuit Sales Management ES: to be released in beta, this tool
        helps maximize sales pipelines by helping salespeople focus on
        their highest return activities. Sales Management ES will make
        it easier for sales teams to capture, access and share
        critical information, get a full view of their current and
        future opportunities, and focus on the ones that will maximize
        sales.

   QuickBooks Enterprise Scales for Growth

   Intuit today also showcased enhancements to QuickBooks Enterprise
Solutions. The new version 9.0 is designed to help customers be more
productive, gain deeper insights into their business and succeed on a
global level.

   New features reflect top customer requests, including improved
database concurrency that allows administrators to back-up files while
other users are in the system, increasing productivity, and reducing
the need to manually log-out coworkers. Report performance was also
increased, some by as much as 44 percent over previous versions of the
product. New this year is multi-currency support, so users can apply
and calculate foreign currencies automatically on transactions.
Multi-currency capabilities directly address the needs of the 37
percent of mid-market businesses that manage cross-border
transactions.

   In addition, QuickBooks Enterprise Solutions 9.0 improves
interaction between online banking, making it easier for a business to
keep track of all its bank accounts. Lastly, the software is now
available in 25- and 30-user versions, so businesses can continue to
scale up as their businesses grow.

   Pricing and Availability

   Enterprise Solutions 9.0 is currently available for purchase
direct from Intuit by calling 866-379-6635 or from Intuit's national
network of Solution Providers. The pricing is as follows:

   --  5-user Edition: $3,000

   --  10-user Edition: $5,000

   --  15-user Edition: $7,000

   --  20-user Edition: $9,000

   --  25-user Edition: $11,000

   --  30-user Edition: $13,000

   The price includes a 12-month Full Service Plan, which entitles
businesses to a 24/7 technical support, product upgrades, data
recovery, interactive training tools and automatic renewals.

   Pricing for applications in the Intuit Enterprise Suite will be
announced later this fall. For more information on any of these
offerings go to www.quickbooksenterprise.com.

   About Intuit Inc.

   Intuit Inc. is a leading provider of business and financial
management solutions for small and mid-sized businesses; financial
institutions, including banks and credit unions; consumers and
accounting professionals. Its flagship products and services,
including QuickBooks(R), Quicken(R) and TurboTax(R) software, simplify
small business management and payroll processing, personal finance,
and tax preparation and filing. ProSeries(R) and Lacerte(R) are
Intuit's leading tax preparation software suites for professional
accountants. The company's financial institutions division, anchored
by Digital Insight, provides on-demand banking services to help banks
and credit unions serve businesses and consumers with innovative
solutions.

   Founded in 1983, Intuit has current revenue of $3.1 billion. The
company has approximately 8,000 employees with major offices in the
United States, Canada, the United Kingdom and other locations. More
information can be found at www.intuit.com.

   Intuit, the Intuit logo and QuickBooks, among others, are
registered trademarks and/or registered service marks of Intuit Inc.
in the United States and other countries.

Intuit Inc.
Michael Porcaro, 415-378-5514
michael_porcaro@intuit.com
or
Access Communications
Jared Leavitt, 415-867-5328
jleavitt@accesspr.com

Copyright Business Wire 2008



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