Arti Patel Martinez, ProAdvisor Training & Certification Leader: On today's episode of In the Know, we'll be exploring the Core features in Intuit Accountant Suite.
Hey ProAdvisors, it's Arti, and you're watching In the Know, where you get exclusive access to demos of Intuit product enhancements by the leaders who built them.
Let's jump right in with Kaitlyn, who will show us a demo of Intuit Accountant Suite’s Accelerate.
Kaitlyn, welcome!
Kaitlyn Wilchynski: I am a principal product manager on the accountant team, and I am going to be telling you about a lot of the features in IAS [Intuit Accountant Suite]. So, this is our premium product, which is for more complex firms, but it is built with firms of all sizes in mind.
It will be $149 a month, but it is currently $0 until August 1, so it is free until July 31. I encourage you to take this opportunity to try it out and see if your firm has value in some of the premium features we have.
The two features that differentiate between the two different SKUs are User Groups and Client Insights right now. We're continually adding new features. What we heard with these is managing client access at scale is super time consuming, so that's where we launched User Groups, which I will be demoing.
We also heard that it was really hard to get a sense of how your client portfolio is doing at scale, and that firm users spent a lot of time navigating from QuickBooks Online into client files, but you didn't have a complete view of your client. Let's dive into the demo at the home base, but now we're going to go into those Accelerate features.
We will start with User Groups. If you go to Manage Users and User Groups, here you will land on User Groups. Now I've already created some, but I'm going to walk you through how you create one because I think it'll be very illustrative of the power of this feature. This feature is for firms who need to manage their client access at scale.
So, we're going to create a new user group. What you do is you select the users you want to add to this group. I'm going to add those users. Next, you're going to assign a default role. Now, this is a client role, not a firm role, and what it does is they will. In the next step, you'll see we add clients to this group. They will get this access to all those clients.
Here is where I can add the clients, so I'm going to select some clients here.
After I do that, this user group has been set up. Now these user groups are not mutually exclusive. The same users could be added to any number of user groups, and clients can be added to any number of user groups, but here we see it. So we see all these firm users, as well as the access they have. They will have access to all these clients.
Now where this really starts benefiting firms is as you add new users and new clients. If I were to add a new client here, all these users would get access to that client with this permission and vice versa. If I added a new user and set their default access, they would get that to all these clients enabling bulk actions.
Next, I'll go to Client Insights. Again, this is one that is a little bit easier to understand once I dive in. What we heard from accounting firms was that it was really hard to get a complete picture of their client portfolio. So what you see here is data pulled directly from the client's shows and shown across all the clients. So here I have all my clients and you can see I have P&L KPIs.
You can select the date range that is most relevant. You can do a custom month or any of the pre-selected ones. You can also use those previously configured client custom fields and segments you've created to create specific views. You can also add up to three, but once you apply those don't have a name.
With that, you can then create these segments. We have product filters and we also have lead filters. Data is automatically updated and pulled from your client's show every 24 hours, but you can manually refresh at any point. You can also extract to .CSV any data you want to see here.
Now the great thing about this is we are continually adding new columns or KPIs. So right now, we have a lot of P&L and balance sheet KPIs. We also have payroll KPIs and bill pay KPIs. We also have some bookkeeping or books health KPIs, like total number of transactions or less reconciled date or unposted transactions.
You can select whatever ones are relevant to your clients and see them in one view. So we also can highlight the clients that had the most significant change compared to the previous period. Then we also use AI to identify when there is an anomaly for that client. So it looks at the financials and says, “Hey, there was something unusual that happened related to expenses.”
When I click on this sparkle, what you'll see is the description and a basic root cause analysis. If I were to click on this link, it would open in the cloud. It would show you exactly where you can find and dig deep to understand the root cause analysis. Whether it's like an error in categorization or is something unusual that you might want to flag with the client during a conversation.
This is where the multi tab becomes really powerful, because I can open this up without losing my context in the Accountant Suite. I can't really demo that because I have to share one screen, but it really is very useful.
You can see what is important and what anomalies you might want to see here. The other thing is you can sort and filter. You can sort by any of these columns, as well as sort by either the actual value or the percent change. If you wanted to see who had the most significant percent change, you're able to see that by sorting.
You can name these whatever you would like and save them. So you can create up to 50 of these different views configured however you want. If you think about your different segmented clients, you might want different KPIs for your manufacturing clients as you do for your retail clients. Or you might want to do it by geography, team pod, or whatever you like using those client custom fields as filters to create a new view.
You simply create a new view. We have some templates with which we've pre-selected. Some KPIs we think are relevant to that, but you can also create a custom view at any time you want. We are continually adding different KPIs and we encourage if there's a specific one you want, submit that feedback because we have a running backlog. Again this allows accounting firms to get that holistic view of their client portfolio. That wraps up Intuit Accountant Suite Accelerate.
Arti Patel Martinez: Thanks so much for that walkthrough, Kaitlyn!
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*This information is intended to outline our general product direction, but represents no obligation and should not be relied on in making a purchasing decision. Additional terms, conditions and fees may apply with certain features and functionality. Eligibility criteria may apply. Product offers, features, functionality are subject to change without notice. Product screen images simulated. Video sequences shortened.
