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Intuit Enterprise Suite

Score8.4 out of 10

68 Reviews and Ratings

What is Intuit Enterprise Suite?

The Intuit Enterprise Suite is an end-to-end business platform providing: financial management, forecasting and accounting capabilities; integrated payroll, payments, and bill pay; automated marketing; access to third-party apps, and access to a team of experts.

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Top Performing Features

  • Single sign-on capability

    The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.

    Category average: 8.5

  • Configurable Accounting

    Configure accounting rules and segments for each chart of accounts

    Category average: 7.9

  • Accounts payable

    This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.

    Category average: 8.3

Areas for Improvement

  • Production Process Design

    Define data for plant hierarchy, process standards, work areas, calendars and standard operations

    Category average: 7.5

  • Manufacturing Costs

    Estimate, plan and monitor costs and variances by plant. Capture resource costs using standard, actual, LIFO, FIFO or multiple costing methods.

    Category average: 7.6

  • Production Management

    Centralized critical status information for production supervisors

    Category average: 7.6

Who Buys & Uses Intuit Enterprise Suite

Pros

  • Managing multi-entity and intercompany transactions effectively
  • Consolidating financial statements across multiple companies
  • Providing flexible and customizable financial reporting

Cons

  • Limited granularity and customization options in reporting
  • Inaccurate or insufficiently advanced AI features
  • Performance issues, including slow loading times and errors with large reports

Improved cloud-based ERP with some limitations and drawbacks.

Use Cases and Deployment Scope

Intuit Enterprise Suite is our core financial ERP platform for our multi-entity construction company. IES helps us streamline accounting, project financial management and job costing, intercompany transactions, and consolidated entity reporting. IES helps us reduce manual processes and repeated data entry. IES supports our construction operations with job costing and monthly closes, which enables us to have more accurate financial reporting and better visibility across our projects, which helps us manage our projects more effectively.

Pros

  • Spreadsheet sync.
  • Reclassifying transactions.
  • Consolidated reporting.
  • Custom management reports.
  • Granular permission-based roles.
  • Scheduled reporting.

Cons

  • Slow processing.
  • Bill pay features are not as robust as competitors.
  • Some workflows are not customizable when they should be, such as intercompany invoicing and paying bills.
  • The AI model(s) they use to read bills are not very good at it.
  • Construction project reporting is not as good as it was in QuickBooks Desktop Enterprise.

Return on Investment

  • Spreadsheet sync saves us hours when we need to make changes to multiple vendors, customers, or projects.

Usability

Alternatives Considered

QuickBooks Desktop Enterprise

Other Software Used

Microsoft 365, Bitwarden, Microsoft Excel

We LOVE IES

Use Cases and Deployment Scope

We primarily use it to consolidate two companies into a single, clean report and to process intercompany transactions. It allows us to achieve timely reporting without manual manipulation.

Pros

  • Intercompany Transactions.
  • Consolidated Reporting.
  • Banking

Cons

  • Honestly, nothing!

Return on Investment

  • Time savings.
  • Accuracy.

Usability

Other Software Used

Ramp, Rippling

Great for the basics.

Use Cases and Deployment Scope

Billing, invoicing. Useful for collecting payments from customers easily.
Useful for tracking and paying bills. Reports are handy as well for big picture overviews of the company's overall financial standing and financial health. Auto payment and filing of taxes and government documents save time as well. Being able to compare KPIs against previous periods can indicate how the company can make changes to adapt to market conditions.

Pros

  • Reports
  • Basic invoicing
  • 1099 tracking
  • Bill input
  • Invoice reminders

Cons

  • Buggy user interface
  • More flexibility with reports
  • Some tax tracking (WA workers comp) has major issues
  • Migration left out important payroll information, causing erroneous tax reports to be sent to government agencies (automatically by IES)
  • AI bill import has issues with certain fields like item category and custom fields
  • Progress billing UI is not good
  • No intuitive way to create a project from anywhere else other than projects page
  • Estimates to invoice UI is rough
  • Shoving lending options down users' throats is not very great
  • Approval workflows could be built out better
  • Issues with deleting COA items that were attached to payroll but are no longer cannot be made inactive by users
  • UI unpolished, like expenses -> spend insights shows [vendor name]
  • : 59833.85000000002 obviously no reason for this many decimal places and also no dollar sign for some reason
  • AI forecasted cashflow is optimistic - thinks all these old invoices will paid up next month
  • "Business Feed" is almost useless (for it to be the first thing one sees after login) - keeps really wanting to show me the vendor cleanup report for some reason. No way to dismiss
  • Cannot download invoices unless I open the invoice. Can print though
  • If I paste invoice (or bill) data from Excel (using the UI for this exact thing), but the Spreadsheet has currency formatting like $12,024.44, IES is unable to parse
  • Not much room to customize forms if you want fully-featured forms (Modern template)
  • No user-specific template defaults
  • Bill payments that pay many bills have missing bills on the payment stub. No way to print a separate document showing the rest of the bills being paid
  • No way to preview remittance advice email or document

Return on Investment

  • The API is great, and has been a massive time saver for myself and my team.
  • Intuit Enterprise Suite makes it easier to clean up books to illustrate a more accurate picture for shareholders, lenders, and potential clients.
  • Intuit Enterprise Suite makes bill import quicker with bill uploading.

Usability

Alternatives Considered

Sage 100 Contractor, NetSuite ERP and Sage Intacct

Other Software Used

Procore, Microsoft 365 Business Premium, SOLIDWORKS

Balancing simplicity with core capabilities. Great for small and mid-sized companies.

Use Cases and Deployment Scope

We use it for invoicing, billing, payment, payroll, reporting. It’s also integrated with our CRM, which helps with the quote-to-cash process: it starts in our CRM platform and then syncs to ITS for collection and reporting. We also integrate it with data analytics and AP solutions. We utilize multi-entity features and have multiple companies under our main account.

Pros

  • Multi-Entity.
  • Integration
  • User friendly interface.

Cons

  • Reporting
  • Better developer tools.

Return on Investment

  • Comparing it to other Solutions , it has a high ROI.
  • IT may be cheaper but it can also come with some complications in the process.

Usability

Alternatives Considered

NetSuite ERP

Other Software Used

Salesforce Agentforce Service, Microsoft Power BI, Anthropic Claude

IES - Finally what we need.

Use Cases and Deployment Scope

IES has everything accountants have been looking for in an Accounting platform. For years, to get everything you needed, you had to manage spreadsheets, coordinate outside software, and manually enter data to convey a financial story. Now, IES includes all of that and more, with the ability to customize each person's experience to their specific needs and/or industry. Bravo to Intuit for developing a truly complete platform.

Pros

  • Bank integrations.
  • Data Organization.
  • Using AI for efficiency.

Cons

  • Integration accuracy.
  • Level 1 - Customer Support.
  • Bill Pay timeliness.

Return on Investment

  • Fund Accounting.
  • Grant Management.
  • Event Planning.

Usability

Alternatives Considered

Xero, NetSuite ERP and Blackbaud Enterprise Fundraising CRM

Other Software Used

Microsoft 365 Business Premium, Google Gemini, Microsoft Teams