Fifo
Intuit has acquired Fifo, an Australian market leader in online accounting practice management software.
Intuit has acquired Fifo, an Australian market leader in online accounting practice management software.
Fifo’s cloud software makes accounting and bookkeeping firms around the world more efficient and profitable, helping to improve their cash flow and growth. Fifo is already integrated with QuickBooks Online, aiding in creation of working papers and streamlining of workflows.
Jill Ward, Senior Vice President & General Manager of Intuit Accounting Professionals Division announced the acquisition, stating that Fifo, as part of Intuit, will now be able to solve big problems for accountants and bookkeepers, helping them save time and better collaborate with clients.
Intuit will be apparently be investing in deeper integration between the Fifo and QuickBooks Online to ensure that they continue to deliver the world-class time savings and efficiency that users of both products expect.
You can read more about the acquisition at: Intuit Acquires Fifo, Australian Market Leader in Online Accounting PM Software.
Source: Intuit, Accountant's News Central: Intuit Acquires Fifo, Australian Market Leader in Accounting PM Software by Jill Ward (7/17/2013)