News
Intuit Claims 50,000 QuickBooks ProAdvisors E-mail
Written by Alex Vuchnich   
Friday, 20 June 2008 00:00

Deli.cio.us    Digg    reddit    Facebook    StumbleUpon    Newsvine

Yesterday Intuit announced that it had signed up more than 50,000 accountants as paid members of its QuickBooks ProAdvisor® Program.

The program provides training, software, technical support, and other resources to  tax and accounting practitioners using QuickBooks financial software. (And it provides Intuit a recurring revenue stream easily topping $25 million!)

When asked about the proportion of "certified" advisors (i.e. passed a test), compared to the total, an Intuit spokesperson answered "about half to two-thirds." These are impressive numbers -- they've managed to separate real dollars from 50,000 accountants & real time from approximately 30,000 of them! Quite an accomplishment. Obviously they've something to offer the profession.

Oh, BTW, this strategy has helped them garner a market share in excess of 94 percent in the face of a blistering Microsoft marketing campaign.


Alex Vuchnich
About the author:
Alexander Vuchnich, CPA, CFE is
Manager of Enterprise Accounting Markets.

Mr. Vuchnich leads weekly CPE seminars, demonstrating how accountants can add value to their practices.

Prior to joining Sageworks, Inc., Mr. Vuchnich was an audit manager with Batchelor, Tillery & Roberts, LLP, a professional services firm focusing on small business and not-for-profit clients. Mr. Vuchnich served clients in a range of industries including technology, manufacturing and service.

Mr. Vuchnich holds a Masters of Accountancy and BS in Accounting from North Carolina State University. Mr. Vuchnich is a Certified Public Accountant and Certified Fraud Examiner and is a member of the American Institute of Certified Public Accountants, North Carolina Association of Certified Public Accountants and the Association of Certified Fraud Examiners. Mr. Vuchnich served on the NCACPA's Young CPA Cabinet as chair of the Community Service Subcommittee.

Read More >>
 

Add your comment

Your name:
Subject:
Comment:
  The word for verification. Lowercase letters only with no spaces.
Word verification: