$974,000 - $1.9 million

Efficiencies In Multientity Intercompany Journal Entry

Evidence and data. Interviewees described time-consuming and error-prone manual processes around intercompany journal entries. Prior to Intuit Enterprise Suite, data entry required accountants to toggle between individual accounts and various screens for each entity to manually enter the same information in multiple locations. With Intuit Enterprise Suite, interviewees’ firms consolidated accounts to a single login to facilitate data entry. AI capabilities within the platform helped interviewees automate journal entries, which reduced the need for human intervention.

• Twenty of the 26 survey respondents who have onboarded some of their clients onto Intuit Enterprise Suite indicated that they used manual tools in their prior environment.

• Additionally, 43% of survey respondents whose clients are not onboarded onto Intuit Enterprise Suite indicated that they face inefficient multientity management in their current accounting software and processes environment.

• Interviewees reiterated that they need to automate manual tools and processes for multientity clients that are outgrowing their environment.

• The CPA, advisory CFO, and client accounting lead at an accounting firm discussed the impact of consolidating intercompany journal entries at the parent level in Intuit Enterprise Suite: “I record both sides of it in the same journal entry. Rather than going to company A and making one entry and going to company B and making one entry, I’m just at the parent level making a single entry. It guarantees that all that stuff is being done at the same time. This means that the efficiency from not jumping from the files picks up, and it’s getting done correctly.”

Modeling and assumptions. Based on the interviews, Forrester assumes the following about the composite firm:

• The composite has 100 multientity clients: It onboards 15% of these clients onto Intuit Enterprise Suite by Year 1, 30% by Year 2, and 45% by Year 3.

• On average, staff accountants at the composite firm spend 16 hours per month per multientity client on journal entries without Intuit Enterprise Suite.

• With Intuit Enterprise Suite, in the low-impact scenario, the reduction in time spent on intercompany journal entries is 20% in Year 1, 40% in Year 2, and 60% in Year 3. In the mid-impact scenario, the reduction is 40% in Year 1, 60% in Year 2, and 80% in Year 3. In the high-impact scenario, the reduction is 60% in Year 1, 80% in Year 2, and 95% in Year 3. The different scenarios account for the variability of the impact that automating journal entries with Intuit Enterprise Suite may have for the composite, given the number of entities and continued efficiencies gained with more use of the platform.

• We apply a 50% productivity recapture to account for time reallocated to nonbillable work, such as training on advisory work.

• The average fully burdened hourly rate for a staff accountant is $80.

Results. This yields a three-year projected PV ranging from $253,000 (low) to $462,000 (high).

Efficiencies In Multientity Reconciliation

Evidence and data. Interviewees discussed additional bookkeeping efficiencies beyond journal entries, including reconciliations and financial reporting. With Intuit Enterprise Suite, their firms consolidated accounts to a single login to facilitate data entry. They said that limiting or eliminating human efforts resulted in better data quality, which improved end-of-month reconciliation and reporting efforts.

• Thirteen of the 26 survey respondents who have onboarded some of their clients onto Intuit Enterprise Suite indicated that they faced challenges with inefficient financial planning and analysis processes in their prior environment.

• The managing director, technology at an accounting firm emphasized the impact on reporting efficiencies from having a single-instance login when managing intercompany books, commenting: “Before Intuit Enterprise Suite, we had to go into each instance to do reporting and export it into Excel and then go into another instance and export a report — and then combine them manually. Right now, it’s all under one roof with a single-instance sign-on, and then you can actually have the different instance comparison side by side.”

Modeling and assumptions. Based on the interviews, Forrester assumes the following about the composite firm:

• The composite onboards 15 of its multientity clients onto Intuit Enterprise Suite by Year 1, 30 by Year 2, and 45 by Year 3.

• Without Intuit Enterprise Suite staff accountants at the composite firm spend an average of 30 hours on reconciliations per multientity client per month.

• With Intuit Enterprise Suite, in the low-impact scenario, the reduction in time spent on intercompany journal entries is 10% in Year 1, 20% in Year 2, and 30% in Year 3. In the mid-impact scenario, the reduction is 20% in Year 1, 30% in Year 2, and 40% in Year 3. In the high-impact scenario, the reduction is 30% in Year 1, 50% in Year 2, and 70% in Year 3.

• We apply a 50% productivity recapture rate to account for time reallocated to advisory work.

• The average fully burdened hourly rate for a staff accountant is $80.

Results. This yields a three-year projected PV ranging from $237,000 (low) to $578,000 (high).

Efficiencies In Managing Dimensions

Evidence and data. Interviewees discussed how Intuit Enterprise Suite helps manage dimensions by allowing accountants to tag financial data with attributes like departments, locations, classes, and projects without expanding the chart of accounts. This flexible structure enables them to perform streamlined reporting and analysis across multiple business segments, reducing the need for manual sorting or custom spreadsheets. Interviewees said that with real-time visibility and automated tracking, their firms can quickly generate insights, support strategic decision-making, and maintain consistency across financial statements and operational reports.

• The owner of an accounting firm described the complexity of reporting close for one of their clients: “We moved one client to Intuit Enterprise Suite for the additional project reporting capabilities. Inside its project reporting, Intuit Enterprise Suite helps our client track dimensions at the line-item level to capture sales channel activity.” They also noted that, “Being able to have multiple dimensions to break down their reporting was a positive option for us.”

• The founder/CFO of an accounting firm highlighted their goal of streamlining time-consuming year-end reporting with Intuit Enterprise Suite: “We’re hoping that as we get more into it, we’re going to be able to start doing separate reporting that’s a lot cleaner throughout the year as opposed to trying to figure it all out at the end of the year. It should just become a normal process and not this separate project that we have to do every year.”

Modeling and assumptions. Based on the interviews, Forrester assumes the following about the composite firm:

• The composite onboards 15 of its multientity clients onto Intuit Enterprise Suite by Year 1, 30 by Year 2, and 45 by Year 3.

• Without Intuit Enterprise Suite, senior accountants at the composite firm spend an average of 10 hours on managing dimensions per multientity client per month.

• With Intuit Enterprise Suite, in the low-impact scenario, the reduction in time spent on managing dimensions is 10% in Year 1, 20% in Year 2, and 30% in Year 3. In the mid-impact scenario, the reduction is 20% in Year 1, 30% in Year 2, and 40% in Year 3. In the high-impact scenario, the reduction is 30% in Year 1, 40% in Year 2, and 50% in Year 3.

• We apply an 80% productivity recapture rate for senior accountants to account for the time reallocated toward advisory-level work.

• The average fully burdened hourly rate for a senior staff accountant is $92.

Results. This yields a three-year projected PV ranging from $145,000 (low) to $273,000 (high).

Increased Advisory Work Enabled By Intuit Enterprise Suite Efficiencies

Evidence and data. Interviewees discussed how the efficiencies from automating routine tasks like data entry, reconciliations, and financial reporting with Intuit Enterprise Suite enabled their teams to focus more on advisory work. They told us that with real-time access to client financials, customizable dashboards, and dimensional tracking, their accountants can quickly generate insights and identify trends to better serve their clients. Interviewees discussed how they utilize the time saved to provide strategic guidance on budgeting, forecasting, and business planning — shifting their role from transactional to consultative and increasing the value they deliver to clients.

• The managing director, technology at an accounting firm highlighted the impact of Intuit Enterprise Suite’s multidimensional reporting on better serving their firm’s clients: “Clients today want more than just basic financials; they want insights. Intuit Enterprise Suite adds four additional dimensions to reporting, allowing clients to track revenue and expenses by customer, initiative, department, and more. This enables them to slice and dice their data in ways that were previously impossible with QBO, unlocking new strategic insights.”

• The CPA, advisory CFO, and client accounting lead at an accounting firm said: “The platform gives more time for people to ask questions. I’m thinking of a specific bookkeeper: They spend all their time posting stuff and doing those intercompany entries — mechanical work all the time. And now that a lot of that is taking care of itself, there is bandwidth for them to do higher-value, more important things.”

• The director, technology advisory at an accounting firm highlighted the impact of Intuit Enterprise Suite on enabling accountants to play a more consultative role: “Accountants have gotten everything they need out of those financial statements to articulate it to a client. It’s then going to make the accountant role more about the client relationship than anything else; this is better than just a transactional relationship, which is what it has been up to this point.”

Modeling and assumptions. Based on the interviews, Forrester assumes the following about the composite firm:

• The incremental increase in the billable rate for advisory work is $200 per hour.

• The composite has an operating margin of 16.33%.

Results. This yields a three-year projected PV ranging from $252,000 (low) to $522,000 (high).

Efficiencies In Managing User Permissions

Evidence and data. Interviewees discussed how Intuit Enterprise Suite provides robust user permission management, allowing their firms to control access based on roles, responsibilities, and data sensitivity. Administrators can assign granular permissions to ensure users only see and interact with the financial data relevant to their function — whether it’s by module, transaction type, or a dimensional category like department or location.

• Interviewees noted that this not only strengthens data security and compliance but also improves workflow efficiency by reducing errors and ensuring accountability across teams.

• Fourteen of 26 survey respondents with experience of Intuit Enterprise Suite indicated they have reduced or expect to reduce risk with role-based access control. Of these 14, 10 agreed or strongly agreed that with Intuit Enterprise Suite, they could envision their company being able to enhance financial controls with rules-based recipes, including triggers, alerts, and approvals.

Modeling and assumptions. Based on the interviews, Forrester assumes the following about the composite firm:

• The composite onboards 15 of its multientity clients onto Intuit Enterprise Suite by Year 1, 30 by Year 2, and 45 by Year 3.

• Without Intuit Enterprise Suite, system administrators spend an average of 4 hours managing user permissions per multientity client per month.

• With Intuit Enterprise Suite, in the low-impact scenario, the reduction in time spent on managing user permissions is 50% in Year 1, 70% in Year 2, and 90% in Year 3. In the mid-impact scenario, the reduction is 70% in Year 1, 85% in Year 2, and 95% in Year 3. In the high-impact scenario, the reduction is 85% in Year 1, 90% in Year 2, and 95% in Year 3.

• We apply a 50% productivity recapture rate for systems administrators.

• The average fully burdened hourly rate for a systems administrator is $66.

Results. This yields a three-year projected PV ranging from $86,000 (low) to $105,000 (high).

Unquantified Benefits

Interviewees and survey respondents mentioned the following additional benefits that their organizations experienced but were not able to quantify:

• Avoided ERP migration costs. Interviewees highlighted how Intuit Enterprise Suite helps avoid costly and complex ERP migrations by offering scalable, integrated tools that grow with a business’s needs. Its functionality across accounting, inventory, payroll, and reporting allowed interviewees to expand capabilities for their clients without switching platforms, reducing disruption and preserving historical data. The director, technology advisory at an accounting firm commented: “Intuit Enterprise Suite lets you continue doing what you’re doing with better tools. There’s no need to retrain staff or risk months-long integrations. It looks and feels the same but has more bells and whistles. That consistency boosts staff morale and makes onboarding easier.” And the owner of an accounting firm said that migrating to Intuit Enterprise Suite offered an easier transition compared to other ERP systems: “Intuit Enterprise Suite eliminates that need by offering advanced functionality within the Intuit ecosystem. There’s no steep learning curve, no data loss, and no downtime.”

• Risk reduction. Interviewees noted that Intuit Enterprise Suite helps reduce risk by enforcing strong user permissions and audit trails, ensuring that only authorized individuals can access or modify sensitive financial data. Its automation and real-time reporting capabilities also minimize human error, improve data accuracy, and support compliance with regulatory standards. The department leader, client technology solutions at an accounting firm said: “With Intuit Enterprise Suite, we can track budgets and cash flow more effectively. The automated revenue recognition and audit logs help us stay compliant and reduce the risk of errors. It’s a huge improvement over the manual processes we used before.”

• An impact for nonprofits. Interviewees with nonprofit clients highlighted how Intuit Enterprise Suite streamlines financial management by enabling dimensional tracking across programs, grants, and funding sources without complicating the chart of accounts. This helps nonprofits maintain transparency, meet reporting requirements, and focus more resources on mission-driven activities. The department leader, client technology solutions at an accounting firm commented: “Intuit Enterprise Suite is a game-changer for nonprofits. Our clients operate on tight margins and often face steep costs with other platforms — sometimes $20,000 a year plus $60,000 in implementation. Intuit Enterprise Suite offers a chance to deliver similar functionality at a fraction of the cost. But what’s really exciting is the potential for dimensional reporting and API connectivity.”

Flexibility

The value of flexibility is unique to each customer. There are multiple scenarios in which a customer might implement Intuit Enterprise Suite and later realize additional uses and business opportunities, including:

• Improving project financials with payroll and workforce management. Interviewees noted that Intuit Enterprise Suite improves project financials by integrating payroll and workforce management directly into accounting workflows, allowing for accurate labor cost allocation across projects. This real-time visibility into staffing expenses helps firms better manage budgets, forecast costs, and optimize resource planning for more profitable project outcomes. Flexibility would also be quantified when evaluated as part of a specific project (described in more detail in Total Economic Impact Approach).