Amazon.com Inc. and Intuit Inc. announced on Monday the expansion of their strategic collaboration to enable Amazon sellers to manage their finances, comply with regulations, access capital and expand their business.
The companies said that Amazon will make Intuit QuickBooks its preferred partner for financial management solutions integrated directly into Amazon Seller Central, adding that sellers will be able to incorporate their Amazon data into Intuit's AI-powered business platform.
"We know businesses that use Intuit’s QuickBooks platform have a nearly 20-point higher success rate than those who don’t. We’re proud to partner with Amazon to bring the benefits of our AI-driven expert platform to help sellers boost their revenue and profitability, save time, and grow with confidence," Intuit CEO Sasan Goodarzi commented.