Intuit launched a new construction edition for Intuit Enterprise Suite, an AI-native, end-to-end ERP (Enterprise Resource Planning) platform built specifically for the complex realities of the $2 trillion construction industry. 

Intuit is the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp. Purpose-built for mid-market construction businesses, the new software solution brings project, financial, and operational workflows together in one place, helping customers streamline operations, improve cash flow, and deliver real-time visibility into performance to drive profitable growth at scale. These new construction capabilities are also available as a module for Intuit QuickBooks Online Advanced customers.

MID-MARKET ERP FOR CONSTRUCTION 

The construction industry is often burdened by disconnected systems, manual processes, and limited financial visibility across projects and entities. 

“Scaling mid-market companies need a robust financial technology platform that keeps up with the growing complexities of running a business,” says Jordan Fladell, partner, managing director, technology advisory services, Aprio. “Intuit Enterprise Suite brings together financial, operational, and project data in one AI-native platform, and the new construction edition delivers real value for industries with complex, multi-entity operations.” 

With Intuit Enterprise Suite construction edition, businesses have access to: 

  • Project Management Agent: Stay on top of cash flow, profitability, and effective project management in one place, planning and tracking budgets and progress against project phases. 
  • Project budgets enhancements: Control costs, keep projects on track, and protect margins with a simplified budget setup, real-time AI-powered insights, and more comprehensive project budget reporting. 
  • Proposals: Win more bids, create proposals from estimates or vice versa, and build a customized proposal document with integrated e-signatures using a proposal document builder. 
  • Cost groups: Plan and track project costs for better job costing and project profitability tracking by designating industry-standard cost groups, including labor, materials, equipment, and subcontractors, tracking cost groups across budgets, expenses, POs, and bills. 
  • AIA-style invoicing: Track the total contract value on estimate, invoiced to date, invoice amount, and remaining balance at the phase level. 

Darla Hennessey, controller at Lallier Construction, says her team “loves the project profitability report. It has a lot of really great information, such as knowing the total outstanding bills and being able to look into the details.” 

POWERFUL AI-NATIVE CAPABILITIES 

Alongside the launch of industry-specific construction capabilities, Intuit announced a wave of new Intuit Enterprise Suite innovations, including:

  • Expanded Sales Tax Agent: Early access availability of Sales Tax Agent now also includes a new filing pre-check tool that automatically scans for mismatches between Profit & Loss (P&L) and Sales Tax Liability (STL) reports. 
  • Modernized Business Intelligence: Enhanced reporting, new custom KPIs, and more robust dashboards improve performance monitoring and drive faster decisions. 
  • Advanced Third-party Integrations: Deeper integrations allow third-party app data to flow seamlessly, powering KPIs and dashboards with richer insights that result in more-informed decision making. 
  • Improved Migration Tools: Updated tools simplify and streamline the transition from QuickBooks Desktop to Intuit Enterprise Suite. 

The new construction capabilities are currently available in beta for Intuit Enterprise Suite customers in the construction industry at no additional cost and are generally available as a paid add-on for QuickBooks Online Advanced customers.

for more information

Intuit is the global financial technology platform with approximately 100 million customers worldwide. For more, visit www.intuit.com.