Automation is advancing rapidly, and Intuit is leading the way with its innovative Agentic AI. This new technology aims to automate complex tasks, offering significant financial management benefits for businesses of all sizes.
Top benefits for businesses
Streamlined Processes: Agentic AI automates repetitive tasks like cash flow management, accounts payable, and receivables, freeing up time for more strategic work.
Fewer Errors: Reducing manual data entry lowers the risk of mistakes and improves overall efficiency.
More Time for Growth: Business owners and teams can dedicate more time to higher-value activities when routine tasks are automated.
Improved Financial Insight: AI delivers real-time insights into your business's financial health, helping with smarter decision-making.
What is Agentic AI?
Agentic AI refers to AI-powered agents that autonomously complete tasks on behalf of businesses, using data to learn and improve efficiency over time. It’s not just a tool that follows instructions—it understands and processes complex workflows without requiring constant human intervention. Think of it as having a team of AI-driven assistants handling key operations.
Who does Agentic AI help the most?
While small and medium-sized businesses are expected to be the biggest beneficiaries, larger companies with complex workflows will also find value in Agentic AI. From automating invoicing to onboarding, it minimizes repetitive admin tasks so businesses can focus on what truly matters—growth.
Problems solved by Agentic AI
Time-Consuming Tasks: With AI handling routine work, businesses can save hours in data entry, invoicing, and financial record-keeping.
Reduced Human Error: By automating these tasks, the chance of costly mistakes is significantly reduced.
Resource Optimization: With AI covering administrative duties, businesses can allocate their human resources to more strategic tasks.
Will it be a separate product?
No, Intuit’s Agentic AI will be integrated into its existing products, such as QuickBooks, TurboTax, and Mailchimp. Business users won’t need to buy a separate product; instead, they’ll see new features and functionalities within the tools they already use. Some of these capabilities, like automated accounts receivable and payable, are expected to be available in late 2024 with additional features rolling out in 2025.
How long has Intuit been working on this?
Intuit has been investing in AI for over a decade, with Agentic AI being the latest evolution. This builds upon its Generative AI Operating System (GenOS), which powers personalized AI-driven insights and automates complex workflows.
The bottom line: Why businesses need Agentic AI
Businesses will want products that include Agentic AI because it saves time, reduces errors, and delivers actionable insights—allowing you to focus on growing your business. With this technology integrated into QuickBooks, TurboTax, and Mailchimp, businesses of all sizes will benefit from automation that handles routine tasks, simplifies financial management, and enhances customer engagement.
Investing in AI-powered products from Intuit means embracing efficiency and staying competitive in an increasingly automated world.