UK’s Allica Bank has integrated Intuit’s accounting software platform QuickBooks, to improve financial management for small and medium-sized enterprises (SMEs).
As part of this integration, Holders of Allica’s Business Rewards Account can now link their accounts with QuickBooks, allowing for automatic updates of transactions.
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The integration will deliver real-time financial visibility, thereby reducing the need for manual data entry and minimising errors.
Allica Bank said this alliance is in line with its objective to enhance banking services for established SMEs, particularly those employing between 5 to 250 staff members.
This segment has often been neglected by conventional high street banks, making this collaboration notably important, the company noted.
By facilitating automatic syncing, the integration aims to lessen administrative burdens, enabling business owners and accountants to focus on strategic development.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThis transition is expected to improve decision-making through enhanced “accuracy and efficiency”.
Allica Bank Partnerships head Sophie Hossack said: “We’re incredibly excited to launch our integration with QuickBooks! By partnering with a leading accounting platform, we are helping businesses and accountants to focus more on what matters with quick and efficient technology.
“Time is a valuable resource for business owners and we will continue to simplify business banking to ensure we deliver a meaningful and impactful service to established SMEs across the UK.
“A core focus of our partnerships team is to strengthen the collaboration between accountants and Allica as we believe it is crucial for SME success. The integration plays a key part in this as it empowers businesses with the financial insights and support needed to thrive whilst also simplifying processes for their accountants.”
In March 2025, Allica Bank has announced plans to double the size of its accountancy partnerships team, increasing the headcount to 16.
This expansion comes less than a year after the team was first established. The team, which is led by Sophie Hossack and Richard Williams, offers “personalised and dedicated” support to accountants and their established SME clients.
