Invitbox writes: I was once told I had a tendency to make communications longer than they needed to be. And, that if I did that in the future, I should announce at the start of the communication that it was a really REALLY important one.
This is one of those really REALLY important ones!
Today, I’m excited to announce that invitco is being acquired by Intuit, providers of QuickBooks Online (amongst other things), the world’s best-selling cloud-accountancy software for small business.
Life is funny, and sometimes it’s predictive. Back in early February we published the whitepaper “The Future of Accounting – The Rise of the Machines.”
The paper attempted to predict where the accounting profession might be in 20 years, and I made a case for industry change (after rambling on for multiple pages of course). At the end of the paper, I made this seemingly innocuous comment: “The Future of Accounting software? Well, that’s a topic for another day.”
Little did I know that “another” day would come so soon. For invitco, it’s the most important day in our history … and our future.
Over the past year Intuit has been building its presence in Australia and we are thrilled to become part of that team, bringing to it the local knowledge, opinion and advice that you have all given us over the last three years.
But just to reassure you, we will still be here to service your accounts payable needs. Our telephone number remains the same, so you’ll still be able to reach us.
All the buttons that you see in invitbox will remain. Along with Intuit, we are committed to an open API approach, allowing you to continue to choose which accountancy software you feel is right for you. We will continue to advise you on your AP solution, and we will continue to work toward improving and expanding our functionality.
We have great admiration for Intuit. What unites Intuit and invitco is our shared vision and approach to the future of accounting and bookkeeping. We will continue to develop technology solutions that contribute in some small way to freeing accountants and bookkeepers from performing repetitive tasks so they can focus on more strategic value and services for their clients. That sits very nicely with Intuit’s focus on enabling them to save time and grow their practices.
So who better than Intuit to join us on our quest to make the future of accounting and bookkeeping paper-free and data entry-free?
We’ve already started to work with the Intuit team and we’re all very excited about our future. Together, Intuit and invitco will enable more and more businesses to shift their accounting practices online.
Pretty exciting times ahead…
We’ll share more as the deal closes and as we chart our course. In the meantime, send any questions to hello@invitco.com. But don’t be afraid to pick up the phone or send us emails if you want to chat.
Don’t be a stranger…Invitbox
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