Intuit Announces 2018 Global Firm of the Future Grand Prize Winner
November 05 2018 - 2:00PM
Business Wire
Cloud Bookkeeping Services Takes the Lead
Spot, Promotes Education Among Firms
It’s official. Intuit Inc. (Nasdaq:INTU) today named Cloud
Bookkeeping Services the grand prize winner of the 2018 Intuit
QuickBooks Global Firm of the Future contest during the Accountant
Main Stage at the fifth annual QuickBooks Connect in San Jose,
California. The Canadian firm was awarded $30,000 USD total in cash
prizes as the global firm that best embraces the future to help
their small business clients succeed and prosper. Brighton Sport
& Wellness Centre, a small business client of Cloud Bookkeeping
Services, was also named a winner in the contest and received
$20,000 USD total in cash prizes. PJCO of the United Kingdom,
Reconciled of the United States, Regional Business Services Pty Ltd
of Australia and Wealth Café Business Advisors Pvt Ltd of India
were also announced as finalists and respective country winners in
this year’s contest, with each firm along with its small business
receiving a cash prize of $5,000 USD.
“This year’s finalists have truly raised the bar for what it
means to be a Firm of the Future. Not only do they embrace online
technologies, but they have also gone above and beyond to find new
technological innovations that automate processes, so they can
spend more time as trusted advisors,” said Ariege Misherghi, global
leader of Intuit’s Accountant Segment, Small Business and
Self-Employed Group. “We are sure that Cloud Bookkeeping Services
and all of our finalists will continue to serve as an inspiration
to other firms around the globe.”
In June, Intuit began its search to find the most future-ready
bookkeeping, full-service accounting and tax firms in Australia,
Canada, India, the United Kingdom and United States, receiving
entries from solo practitioners to large firms. Ariege Misherghi
and a panel of qualified judges from Intuit’s global sites selected
the top five finalists whose written submissions best embodied the
attributes of Firms of the Future.
- Cloud Bookkeeping Services of Canada:
Cloud Bookkeeping Services is committed to using online
technologies and artificial intelligence for all new clients and
believes in promoting education. As volunteer mentors with
Futurepreneurs Canada, the firm uses the time saved with QuickBooks
Online to work with mentees to give back to the business community.
The firm hosts a Bookkeepers Bootcamp and recently launched a
similar Business Bootcamp, which is offered to all small- to
medium-sized businesses, not just bookkeeping clients. Cloud
Bookkeeping Services successfully transitioned its client Brighton
Sport & Wellness Centre to the cloud and now has more time to
serve as the client’s strategic advisor.
- PJCO of the United Kingdom: In 2016,
the firm invested in a specialist cloud services department and
recruited a team of recently graduated ACCA trainees to research
and develop their knowledge of business apps and cloud accounting
while pursuing their ACCA qualification; and PJCO hasn’t looked
back. The Cloud Services Manager and his team freely share their
understanding of how technology can be used to solve small business
owners’ problems. PJCO’s charity partner, Norwich FoodHub, collects
food that would otherwise be wasted by supermarkets and
redistributes it to people in need. PJCO introduced technology to
make operations more efficient and better for volunteers, and as a
result they now offer over 60 volunteering slots each week, across
14 stores, filled by a volunteer base of over 100
people.
- Reconciled of the United States:
Reconciled is an online bookkeeping and business advisory firm that
has grown from one bookkeeper to a team of 16 in less than three
years by leveraging online sales efforts. The firm is active on
social media, using Facebook Live once a month for a video series
called "Everyday Entrepreneur" in which the firm interviews one of
its small business clients or an entrepreneur in its network.
Reconciled also leverages email marketing and its brand story to
connect with new customers. Its client Ogee wanted to have
accounting systems ready as it launched its product, and Reconciled
advised Ogee on the best method to record sales by channel,
including how to invoice wholesale customers from QuickBooks
Online. Ogee was able to focus on making and selling their product,
knowing that they had a strong accounting process and partner
behind them.
- Regional Business Services Pty Ltd of
Australia: Thanks to the power of QuickBooks Online and online
technologies, Regional Business Services now serves 450 businesses
each year across the Eastern Australian Coast, and has developed
its own specific finance system and workflow process. The firm has
worked with client Townsville Service Group for the last five
years, since the client’s start. Now the client turns over more
than $2 million per fiscal year, and Regional Business Services
meets every month with the client’s accountant, with whom they have
a great relationship, to discuss performance, strategy and areas
for improvement.
- Wealth Café Business Advisors Pvt Ltd
of India: Wealth Café serves close to 125 small businesses
end-to-end for bookkeeping, accounting and tax requirements and has
been using QuickBooks Online since the product’s launch in India.
Having the firm’s entire process on the cloud has enabled it to
implement a policy internally wherein it has a turnaround time of
no more than four hours to resolve a client query. Its client
Pepper Mint Studios transitioned its entire finance operations over
to Wealth Café, thanks to the robust system the firm set up to meet
its client’s needs.
As part of this year’s contest, Intuit will make a $25,000 USD
donation to Kiva.org in recognition of every vote received during
the voting period, which ultimately determined the grand prize
winner.
Access Cloud Bookkeeping Services’ video here. To join the
conversation, share
on Facebook and Twitter using #QBFirmOfTheFuture.
About Intuit
Intuit’s mission is to Power Prosperity Around
the World. Our global products and platforms, including
TurboTax, QuickBooks, Mint and Turbo, are
designed to empower consumers, self-employed and small
businesses to improve their financial lives, finding them more
money with the least amount of work, while giving them complete
confidence in their actions and decisions. Our innovative
ecosystem of financial management solutions
serves approximately 50 million customers worldwide,
unleashing the power of many for the prosperity of one. Please
visit us for the latest news and in-depth information about
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Mindy KingIntuit
Inc.214-387-2244Mindy_King@intuit.comorChristine RopkeAccess Brand
Communications212-805-8060ChristineR@accesstheagency.com
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