BDO Canada has partnered with fintech platform Intuit to deliver an integrated service for small and mid-sized businesses in the country.
The new integrated service, BDO Powered by Intuit QuickBooks, will provide business owners with actionable financial insights and help in decision making.
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It is aimed at reducing the time owners spend on routine, manual administrative work and increasing the use of financial data in day-to-day and longer-term planning.
Intuit QuickBooks Canada/LATAM sales director Gary Drysdale said: “This collaboration with BDO Canada truly embodies the spirit of our mission at Intuit, to power prosperity for consumers and businesses around the world.
“By combining the technology, insights and unparalleled data of QuickBooks with BDO’s deep financial acumen and advisory expertise, we are providing a transformative experience for Canadian businesses.
“This collaboration will give them the foresight and capabilities to navigate their business finances with confidence, and we look forward to seeing how this collaboration will help Canadian businesses thrive.”
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By GlobalDataFor advisors, the service is intended to shift effort away from repetitive tasks and towards work such as analysis, financial management, problem-solving and strategic guidance.
The service brings together the competence of BDO’s national advisory team and new features in QuickBooks Online Accountant.
According to a BDO Canada statement, BDO Powered by Intuit QuickBooks will enable direct advice from BDO professionals and real-time visibility of financial data and performance measures shared between businesses and their advisors.
It also includes AI-led automation intended to reduce friction in everyday accounting work, alongside a model to support business growth.
The partnership also introduces benchmarking tools for comparing results with peers.
BDO Canada Corporate Growth & Operational Excellence partner and leader Jim Krahn said: “This partnership is about making it easier for Canadian businesses to succeed.
“By bringing together BDO’s trusted advisory capabilities with Intuit’s AI-powered platform, we are giving our clients a smarter, more seamless experience – one that simplifies complex decisions, delivers real-time insights and helps them move forward with confidence.”
