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What does Intuit do?

Tool: Intuit

The Tech: Accounting Software

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Their Pitch

Outdo your financial goals—all in one place.

Our Take

A cloud accounting software that automates your bookkeeping, invoicing, and payroll so you stop living in spreadsheets.

Deep Dive & Reality Check

Used For

  • +**Your bank reconciliation takes 20 hours every month** → AI categorizes 90% of transactions automatically, cuts it down to 2-3 hours
  • +**You're chasing clients for payments with 20 emails per day** → Automated invoices with credit card payments, clients pay faster
  • +**Payroll taxes filed late again, another $1k fine** → Automated tax calculations and filings, next-day direct deposits
  • +Syncs with e-commerce platforms automatically - no more manual sales entry from multiple channels
  • +Workflow approvals prevent fraud - invoices need manager sign-off before payment goes out

Best For

  • >Your bookkeeper quit and left you with a shoe box of receipts
  • >Spending 15+ hours a week on manual invoicing and expense tracking
  • >Got fined for payroll tax mistakes because you're winging it in Excel

Not For

  • -Solo freelancers who just need invoicing — you'll pay $90+ for features you don't need
  • -Companies over 500 employees — lacks the customization for complex financial consolidations
  • -International businesses — built for US tax laws, other countries are an afterthought

Pairs With

  • *Shopify (syncs sales data automatically so you're not manually entering every transaction)
  • *Excel or Google Sheets (for custom reports because QuickBooks reporting looks like it's from 2005)
  • *DocuSign (to get invoices signed faster instead of waiting for paper)
  • *Slack (where your team complains about mandatory expense approvals)
  • *Your Bank (connects directly for automatic transaction imports that break monthly)
  • *TaxAct or H&R Block (because even with automation, you still need tax prep help)

The Catch

  • !Bank feeds duplicate 20-30% of transactions weekly, requiring manual cleanup that wastes hours
  • !The $30 starting price is a trap — payroll adds $50+ monthly, payment processing is 2.9% per transaction
  • !You'll need someone to become the 'QuickBooks person' or pay $50/hour for support when imports break

Bottom Line

The 800-pound gorilla of small business accounting — handles everything but costs everything too.