Intuit In The News

Celebrating failure more important than success

Deccan Herald | February 20, 2013

What do the General Electric Co, Virgin Atlantic, Abraham Lincoln and tail–end batsmen have in common? Their attitude to failure. For most of us ‘Failure’ is associated with ‘Unacceptable’. It’s what we’ve been taught right from our school days, a mindset that prevents us from exploring interests and activities that we suspect we may not be good at, and compels us to stick to tried and true methods that are believed to guarantee success. We’re so caught up in our performance driven approach that we ‘fail’ to focus on learning. It’s a mindset that we risk passing on to the teams that we work with and to the next generation.

Accounting for SMES

Express Computer | January 2013

Although SMEs might still be away from advanced IT applications, one thing that is certainly amongst their top priorities is streamlining their financial processes. That is primarily the area Intuit is banking upon for its growth. Intuit, a company that globally is focused only on the SMB market is looking to make an impact through its low cost financial management product, QuickBooks.

The art of idea–generation

The Times of India | January 16, 2012

“We encourage agility and smart risk–taking. Ten per cent of an employee’s time is ‘unstructured time’; this gives them the freedom to work on ideas they are passionate about. This helps in providing adequate growth opportunities and a conducive work environment for employees,” informs Vijay Anand, vice president, India Development Center, Intuit India.

Why Small Business Owners Should Take their Accounting to the Cloud

The Chartered Accountant Journal | December 2012

A manager of Cloud Accounting solution product describes how Intuit leverages this cloud advantage to benefit their customers, “By routinely updating our products during low traffic times, such as early morning and late evenings, we eliminate the need for our users to disrupt work during their day. These automatic updates ensure that the latest version of our product is always in our customers’ hands, with no action required by the users.”

IT Within Your Reach

SMALL MEDIUM ENTREPRENEUR | November 2012

“The cloud, specifically Software as a Service (SaaS), can offer a great, highly cost–effective alternative to physical storage, back–up, virus protection and spam filtering. Moreover, the sustainability of technology that SMEs invest in is very important for them and cloud offers the same,” says Nikhil Arora, Vice President and Managing Director, Intuit India. The company offers an online financial and business management software called Quick Books Online.

Apps in the Field

Fortune India | October 2012

“When the rural penetration of smart–phones improves, we will provide a much richer interface and capabilities” says Deepa Bachu, Intuit India´s director of products and innovation, pointing to early experiments with Android apps to deliver market prices more efficiently.

A Theory Called Jugaad

The Times of India | September 12 2012

Intuit India germinated ‘Fasal’, an idea that was originally conceived by two engineers. Fasal is an SMS based service that provides market price information to farmers. The service communicates personalised real–time market prices with a patented matching algorithm to connect the farmer with a potential buyer.

Reaching out to employees

People Matters | September 2012

Intuit India, a leading provider of business and financial management solutions, driven by its passionate employee base is committed to create new and easier technologies for consumers and businesses to tackle financial problems.

Tap for the Future Office

Fortune India | August 2012

“Almost 90% of users don´t have Internet access on their phones or apps to rely on”, says Manish Maheshwari, Global Business Head of Intuit´s txtWeb platform that converts Internet content into SMSes.

Intuit India– A Great Place to Work

The Economic Times | July 16 2012

People always come first at Intuit– leading provider of business and financial management solutions for small and medium businesses. Undisputedly, it is this conviction of putting people first that makes this company a great place to work. At Intuit, delighted people deliver delight to customers and shareholders.

Unstructured Time

The Economic Times | July 16 2012

Even before signing up as Managing Director and VP of the Indian arm of the Mountain View, California-based Intuit Inc, Nikhil Arora knew he had made the right decision when the management invited his family for a meeting.

Recognising Constant Innovation

The Human Factor | May 2012

Employees are the most important factor that make an organisation a great place to work. If we are able to create an environment where the employees trust the people they work for, have pride in what they do and enjoy the company of their colleagues we will have a great place to work. This requires constant nurturing and reinforcement. Engaging with employees and listening to what they have to say is critical. It may not be possible to implement everything an employee asks for, but we need to interact with them and communicate the rationale of the decisions made.

Skip the numbers game!

The Hindu | February 23 2012

Learning through experiences and internships is often more engaging, relevant to current industry practices and gives students access to better resources. Most importantly, students get to be part of a realistic work environment and get a sense of working with a team, meeting specific goals and deadlines and are encouraged to explore multiple avenues to arrive at a solution. They learn how to innovate in a lean, entrepreneurial and start–up environment. They learn how to work closely with customers and solve problems as well. – VIJAY ANAND, Vice President, India Development Center, Intuit

Fighting his way back in life, intuitively

The Financial Express | February 13 2012

Nikhil Arora had to learn the importance of self–reliance very early in life. He was forced to. At the age of 18, he was stranded in New York after his father’s friend could not honour the commitment of funding his education in the US. He was pursuing his language studies in Russia, when a family friend offered to undertake the burden of educating him further. So he landed in New York with $200 in his wallet. He checked into a friend’s pad for a few days. But unfortunately his funds never arrived. All he got from his father»s friend was a letter saying that he was not in a position to help him out. And attached to that letter was a $100 cheque.

Innovation 2.0

The Economic Times–Highflier | February 7 2012

‘Customer driven innovation’ and ‘design for delight’ make Intuit’s approach to innovation unique by crafting passion within employees to solve important customer problems. Intuit nurtures the spirit of entrepreneurship by providing an ‘Unstructured Time’ to employees who are encouraged to think independently. The unstructured time allows employees to break free from the routine and devote 10 per cent of their time to work on projects they’re passionate about. Deepa Bachu, as director of emerging market innovation at Intuit India initiated ‘Fasal’, a revolutionary service that is empowering India’s farmers to improve their financial lives.

We Came Within a Hair’s Breadth of Going Bust.

The Economic Times | December 20 2011

Scott Cook likes to point out that he has spent the last three decades helping people manage their finances. In India this approach led to Intuit –– the $3.9–billion software–maker founded by Cook –– to focus on people who needed a lot of help with finances, farmers – Fasal, a text messaging service that is helping farmers in India to improve their financial lives by getting better prices for their produce was developed by the Intuit India team.

Limbering Up For A Long Run.

Business Standard | October 5 2011

Intuit, the accounting software provider for small businesses foresees a huge potential in the growing SMB segment in India. The massive adoption of mobile technology and internet during the last couple of years have also changed the way small businesses work and provide an opportunity for the California–based company in India. With this in mind, Intuit recently charted out a new philosophy—'In India for India'. To strengthen the team here, the company announced the appointment of Nikhil Arora as the new Vice–President and Managing Director of the India operations.

Intuit India gets new head.

The Hindu | September 14 2011

Intuit has appointed Nikhil Arora as Vice President and Managing Director for Intuit India. Intuit is a leading global developer of business and personal finance management solutions. Arora will take care of the company´s strategic growth in India and lead its regional efforts for small business and consumer offerings.

All for a rainy day...

The Week | Jul 31 2011

Intuit commissioned a study with IMRB and The Week, "to determine the attitudes and behavior of salaried people towards saving and managing money". The study was conducted in six top Indian cities and ~1000 respondents across different age groups & income levels were interviewed.

New online personal finance tool launched.

Mint | 02 Feb 2010

Intuit Inc., a leading provider of business and financial management solutions in the US, in collaboration with moneycontrol.com, has launched a financial software product in India called Intuit Money Manager.

Intuit unveils new financial software.

Indian Express | 13 Jan 2010

Intuit Inc has released Intuit Money Manager. The company's first Web-based financial software product is a personal finance tool that can help the user in planning and tracking the users resources.

New software to help you plan, grow money.

Financial Chronicle (my Money) | 03 Nov 2009

Software company Intuit will soon launch its first consumer product for the Indian market, completely developed at company's centre in Bangalore.

Managing money the smarter way.

The Financial Express | 08 Oct 2009

We are part of a generation that has seen & experienced change in our everyday lives. Two decades ago, we had a 12-month waiting period to buy a scooter and a 3 year queue for a landline phone. Did we hear of a bank calling up to sell a credit card or a bank loan? Today things have dramatically changed fpr the positive and the trend continues.

US co Intuit to invest $45 million in India.

Hindu Business Line | 26 Mar 2009

Intuit Ltd, the US-based provide of business and personal finance management software, has said that its plans to make products for the indian market

Firms for people with entrepreneurial spirit.

Deccan Chronicle | 22 Dec 2008

In times of a global meltdown, when businesses are downsizing and employee morale is at an all time low, it is the 'entrepreneurial mindset' that can help businesses identify and create new market opportunities, experts say.

Several businesses in India are recession-proof

Times of India | 18 Dec 2008

Economic slowdown. Business worries. None of that was visible in the TiE Entrepreneurship Summit in Bangalore that started on Tuesday. If anything visible in abundance, it was a sense of optimism about India's ability to create a whole new world through entrepreneurship.