For accounting and payroll purposes. This helps us track accounts payable and receivables and match it to projects. We use Intuit Enterprise Suite on a daily basis. It is heavily relied upon to provide us with accurate and up to date information that we can rely on in making business decisions.
Pros
Tracking receivables
Tracking payables
snapshot of where we stand financially
Cons
We use redteam and it would help if they could interact with each other.
Reporting could be more robust
Likelihood to Recommend
Intuit Enterprise Suite is strongest in the financial area. It is easy to use and provides information at your fingertips. Intuit Enterprise Suite struggles when it gets away from its core account functions. It would be great if it was more inclusive so that there is no need for additional programs.
VU
Verified User
Account Manager in Finance and Accounting (201-500 employees)
We use it to run the accounting for many of our companies. The problem was that getting insights across all entitles would take a long time to compile and making intercompany transactions was cumbersome. Both are very easy now.
Pros
intercompany recordings
one log in for all accounts
create reports
Cons
owner access to view only and not be charged.
One price includes at least ten users per entity.
Become free when you charge take over a certain amount of payments
be faster when pulling up reports and dont show ads
include more AI features. The current ones too basic
include property management software so the properties accounting can stay with Intuit
Likelihood to Recommend
It is well suited for those who have many entities. Not suited for those with one entity
Primary reason for us to choose IES was to help us manage our multi-entity consolidated reporting. Our Finance team is very small and we needed a fast and reasonably priced implementation. IES was practically an overnight shift from QBO and it came at a very reasonable price. We managed to save at least 50% time in creating reports and keeping track of our multi-entities' consolidated reporting.
Pros
Fast response & solutions
Reasonably priced for emerging businesses
Collaborative culture
Multi-entity solution
Cons
Consolidated reporting is in the process of being enhanced
Likelihood to Recommend
Small to mid-size businesses that have multiple businesses can easily migrate to IES without hiring or paying for external implementation/devloper teams. The payment and receipt modules are very easy to use that some options that are part of basic IES come at no cost which could help small to midsize or emerging businesses that are growing fast and have small team members in their finance & accounting team. Also, this would also help save time and costs paid to their external outsourced groups so even the accounting consulting firms who provide consolidated reports to their clients can also use this to help save themselves time and improve gross margin in their businesses.
Verified User
Executive in Finance and Accounting (51-200 employees)
I am the Operations Manager for our company. I use IES to run reports, setup projects, bill out clients and issue payments to vendors
Pros
A/P Process
A/R Process
Projects
Reporting
Cons
Reports could be more tailored to Construction
Budgets Can Be Refined a little more
Credit Card and Lines of Credit Could be Larger for Enterprise Customers
Likelihood to Recommend
The ease of access to knowledge and the ability to ask for help is unparalleled. You can see your finances and projects all at once and can manager your team with all the reports that are made available to you.
Intuit Enterprise Suite is the accounting software we use for all financial transactions in our business. We use it to track and pay regular vendors, to pay other vendors, many of whom are paid with credit cards, to track employee hours and other payments and then to disburse payroll. Finally we use it to reconcile bank statements and credit card statements, also to track and pay payroll taxes. We would be lost without it.
Pros
It tracks all payments to all vendors, so if any questions arise, it's easy to find the answer.
It tracks employee hours worked, holiday hours, and other paid time off, including vacations. It also tracks bonuses and employee profile information, including hire dates, contact information, Social Security, and Federal withholding details.
At the end of the year, all of our financial transactions can be summarized for our accountants so our tax returns can be prepared.
Cons
It seems like every time you open payroll, there is an update or a message from intuit to delay the process, though much of this could be the fault of various levels of government.
Some reports could make more information available to make it easier to track various items over time.
Import and export features and criteria could be more easily accessible.
Likelihood to Recommend
QuickBooks does the basics of accounting pretty well, but is woefully deficient in its allowing of control to the user. Exporting information is in CSV format or Excel. It will export to no other spreadsheet software. Importing of information seems to have been made difficult by the intention of the developers of QuickBooks, to make it difficult. The CSV format for importing is simple enough, but you must, on your own, usually through a third party, find the appropriate column labels. Some reports are good but often, you find yourself needing a report with a category that is simply not available for that report.
I use Intuit Enterprise Suite in my business as an all-in-one platform. It is a configurable business platform with the power of AI that helps growing businesses scale and streamline their operations. I don't use everything it has to offer at the moment, but it is a great tool that has a lot of potential.
Pros
AI-powered
All-in-one platform
Configurable
Cons
Payroll
AI still needs help
Likelihood to Recommend
If a company is growing and needs major help with their bookkeeping, payroll, HR, marketing and cash flow, then Intuit Enterprise Suite is right where they need to be. For those businesses where they're still in the growth stage and do not need all the bells and whistles, then it may be too large of a platform for them.
We have used Intuit Enterprise Suite in our organization to integrate multiple tasks in one useful tool, such as running payroll, paying vendors and other bills, employee onboarding, tracking employee times and projects, ran A/R, allow employees to view their benefits in one place and make changes to their plans, and marketing tools with AI capability.
Pros
Amazing support specialized to specific needs
Tiered pricing
Easy to use platforms
Cons
More demos
Specific package for very small businesses
Likelihood to Recommend
We are a small non-profit organization and this product has allowed us to save time and resources by providing a platform for new and existing employees to get their information all in one place. Paying bills and receiving revenue is easy to track in this manner and customer support has been very effective when we need them.
Intuit Enterprise Suite makes it easier to due business because it combines all the needs of accounting, finance, and payroll just to name a few. An organization does not need to purchase multiple software products with different features and tons of training when Intuit can do it all and everything is recorded easily and reported easily as well.
Pros
Ease of processing payroll and providing all necessary reports and documents in one software such as tax forms and forms related to the financials.
Ease of creating purchase orders to tie to vendor bills to track purchases made by the organization.
Ease of creating financial reports with various filters and exporting them to PDF or excel for a simpler read and study of profit vs. losses.
Cons
Sometimes saving larger reports to PDF will cause an error. There needs to be more space to save as PDF.
Another issues is when creating a trial balance the inactive income & expense accounts show up and they are $0.00 and it makes it confusing when presenting to upper management or board members.
Likelihood to Recommend
Overall the reports are so well suited and easy to read in cases where building a budget. It is great to see not only a percentage of the budget used but the amount as well and be able to decide is there enough in a specific expense item left for the year where more of those expense funds can be used to better the organization or even the employees.
Verified User
Account Manager in Finance and Accounting (11-50 employees)