Why We’re Excited About Intuit’s New Enterprise Suite and Its Impact on the Future of Embedded Analytics

Team Ablaze Collective
September 20, 2024 • 8 MIN READ

At Ablaze Collective, we’ve always had a deep connection to Intuit—it’s a company we hold in high regard, not just because of the innovation they bring to the accounting and financial tech space, but because one of our own founders led business development at Intuit for enterprise firms. That experience has left us with a profound respect and understanding of Intuit’s mission to empower businesses and accounting firms with the tools they need to thrive. So when Intuit recently announced its new Enterprise Suite, we couldn’t be more excited.

This suite is more than just another product—it represents a significant leap forward in how businesses manage their financial operations. At Ablaze Collective, we believe Intuit’s Enterprise Suite will not only shape the future of accounting but also play a key role in accelerating the adoption of embedded analytics across the industry. Here’s why we’re excited and how we think this move will impact the future of real-time, data-driven insights.

Intuit’s Enterprise Suite: Meeting the Needs of Growing Businesses

The Intuit Enterprise Suite marks a big step forward in Intuit’s evolution, moving deeper into the mid-market and enterprise space with more advanced tools for managing complex financial operations. Traditionally, Intuit’s solutions have focused on small businesses and entrepreneurs, but with this new suite, they’re broadening their reach to serve larger businesses that need more robust features and scalability.

Key features of the Intuit Enterprise Suite include:

  • Enhanced financial reporting: Providing more comprehensive tools for mid-sized and larger businesses to generate detailed, actionable financial reports.

  • Advanced inventory and supply chain management: Allowing companies with more complex operational needs to manage inventory and supply chains efficiently within one platform.

  • Deeper integrations with third-party apps: Offering a more holistic solution by connecting seamlessly with other business tools, making it easier to manage everything from one central hub.

For CPA firms managing enterprise-level clients or rapidly growing businesses, this suite will make it much easier to provide comprehensive financial insights and support their clients as they scale.

Why We’re Excited About This at Ablaze Collective

At Ablaze Collective, we’ve always believed in the power of data-driven insights to help CPA firms unlock new levels of value for their clients. The launch of Intuit’s Enterprise Suite aligns perfectly with our vision for the future of accounting: one where real-time data, embedded analytics, and proactive advisory services take center stage.

Here’s why we think the Intuit Enterprise Suite will have a big impact, particularly for firms using embedded analytics:

1. Scaling Financial Insights for Mid-Market and Enterprise Clients

One of the most exciting aspects of the Enterprise Suite is its ability to serve larger businesses. As companies grow, their financial needs become more complex, and traditional tools may not be sufficient to handle multi-entity reporting, advanced inventory management, and supply chain logistics.

With Intuit’s new suite, firms working with enterprise clients will now have access to more powerful reporting tools. And when paired with embedded analytics, this creates a game-changing combination. CPA firms can offer real-time financial insights that are fully integrated into the Enterprise Suite’s expanded capabilities, allowing clients to:

  • Track key performance metrics across multiple entities or business units.

  • Receive real-time alerts when critical financial thresholds are met, such as a significant dip in revenue or an unexpected surge in expenses.

  • Forecast future performance based on live data, giving clients the ability to adjust their strategies proactively.

2. Bringing Embedded Analytics to a New Level of Integration

One of the cornerstones of embedded analytics is its ability to seamlessly integrate with the accounting platforms firms already use. As Intuit expands its offering with the Enterprise Suite, the opportunity for deeper embedded analytics grows alongside it. This suite allows for:

  • More in-depth financial analysis through advanced reporting features, which can be enhanced with real-time insights directly within the platform.

  • Customizable dashboards that allow businesses to track metrics specific to their industry, size, and growth stage—all updated in real time.

  • A more connected ecosystem where embedded analytics tools like those offered by Ablaze Collective can pull from multiple data sources within the Enterprise Suite, creating a more holistic view of a business’s financial health.

At Ablaze Collective, we see this integration as a huge win for CPA firms looking to take their advisory services to the next level. With the new suite’s advanced features and embedded analytics working together, firms can offer more strategic, proactive insights to their clients.

3. Empowering Proactive, Data-Driven Advisory Services

At Ablaze Collective, we’re passionate about transforming how CPA firms deliver value to their clients, and embedded analytics plays a critical role in that transformation. What excites us most about Intuit’s Enterprise Suite is how it aligns with our mission to help firms offer proactive, data-driven advisory services.

Instead of reacting to issues after they’ve occurred, embedded analytics allows firms to:

  • Monitor financial health in real time, so they can alert clients to issues as soon as they arise.

  • Use predictive analytics to forecast future performance, helping businesses make informed decisions about everything from cash flow management to capital investments.

  • Create custom alerts for critical financial events—allowing firms to notify clients when key financial indicators fall outside of expected ranges.

By integrating these capabilities within the Intuit Enterprise Suite, firms can move beyond compliance and reporting, becoming true strategic partners to their clients.

A Legacy of Innovation: Our Deep Respect for Intuit

At Ablaze Collective, our respect for Intuit runs deep. One of our founders played a key role in leading business development at Intuit, managing enterprise CPA firms in western Canada to help them adopt cutting-edge financial technology. This experience shaped how we view the future of accounting—one where technology and data drive smarter, faster decision-making for businesses of all sizes.

We’ve seen firsthand the impact that Intuit’s products can have on firms, and we’re thrilled to see them continuing to innovate and expand their offerings with the launch of the Enterprise Suite. We believe this move will have a profound impact on how CPA firms and their clients operate, particularly as businesses scale and require more robust tools for financial management.

The Future of Embedded Analytics: Where We Go from Here

The launch of Intuit’s Enterprise Suite is an exciting milestone for the accounting industry, but it’s also a sign of something bigger: the growing demand for real-time, data-driven insights and embedded analytics. At Ablaze Collective, we believe the future of accounting lies in integrated, real-time analytics that allow firms to offer proactive advisory services and unlock new value for their clients.

Here’s how we see the future unfolding:

  • Real-time data will become the norm. As tools like Intuit’s Enterprise Suite grow in complexity, businesses and CPA firms will need the ability to act on data immediately, not just analyze it after the fact.

  • Embedded analytics will play a central role. Instead of using multiple tools to generate reports and insights, firms will look for fully integrated solutions that offer data-driven insights right within their existing platforms.

  • Firms will evolve into strategic advisors. The role of the CPA is changing—no longer just about compliance and bookkeeping, firms will become data-driven advisors that help clients navigate challenges and grow their businesses with real-time insights.

Conclusion: Intuit's Enterprise Suite + Embedded Analytics = A Bright Future

As Intuit continues to innovate with its Enterprise Suite, we at Ablaze Collective are excited to see how this will shape the future of accounting and financial insights. We believe that combining the power of Intuit’s new tools with embedded analytics will help CPA firms offer real-time, proactive advisory services that go beyond traditional reporting.

At Ablaze Collective, we’re committed to helping firms unlock the full potential of their data and deliver the insights their clients need to thrive. We can’t wait to see how Intuit’s Enterprise Suite will drive the future of accounting, and we’re ready to help CPA firms leverage these tools to their fullest potential.

If you’re ready to explore how embedded analytics can complement the new Intuit Enterprise Suite and transform your firm, let’s talk!

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