Last €44.95 EUR
Change Today +0.021 / 0.05%
Volume 325.0
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Company Description

Contact Info

2700 Coast Avenue

Mountain View, CA 94043

United States

Phone: 650-944-6000

Fax: 650-462-2955

www.intuit.com

p applications or create custom solutions for their businesses. The majority solutions include project collaboration, sales team management, and employee management. Intuit Partner Platform: The Intuit Partner Platform provides the tools developers need to create Web and mobile applications that add value to QuickBooks. The platform allows developers to build applications that integrate with QuickBooks data and solve the needs of the company’s customers. Developers could create applications on the Intuit Partner Platform using any development platform they choose, and must pass a standards and security check before offering their programs to customers. All applications are available through the Intuit App Center at apps.com. Here QuickBooks users could find, buy, and use applications connected to the platform. Employee Management Solutions This segment provides payroll products and services. QuickBooks Payroll: QuickBooks Payroll is a family of products sold on a subscription basis to small businesses that use QuickBooks and prepare their own payroll or want some assistance with preparing their payroll. It is also sold to accountants who use QuickBooks and help their clients manage their payrolls. The product family includes QuickBooks Basic Payroll, which provides payroll tax tables and payroll reports; QuickBooks Enhanced Payroll, which provides payroll tax tables, payroll reports, federal and state payroll tax forms, and eFile and Pay for federal and state payroll taxes; QuickBooks Enhanced Payroll for Accountants, which has various accountant-specific features in addition to the features in QuickBooks Enhanced Payroll; and QuickBooks Online Payroll, for use with QuickBooks Online. The company also offers QuickBooks Assisted Payroll, through which it provides the back-end aspects of payroll processing, including tax payments and filings, for customers who process their payrolls using QuickBooks. Direct deposit is included with QuickBooks Online Payroll and available with each of the other offerings for an additional fee. Intuit Online Payroll: Intuit Online Payroll provides small business payroll services that do not require the use of QuickBooks. This offering is sold on a subscription basis and includes online payroll tax calculation, payroll reports, federal and state payroll tax forms, electronic payment of federal and state payroll taxes, and direct deposit of paychecks. The company also offers an Intuit Online Payroll mobile app for smartphones. Intuit Full Service Payroll: This offering is also sold on a subscription basis and provides payroll services to customers who prefer not to perform payroll tasks themselves. Intuit Full Service Payroll does not require the use of QuickBooks and includes processing of payrolls based on information submitted online by the payroll customer, direct deposit of paychecks, electronic payment of federal and state payroll taxes, electronic filing of federal and state payroll tax forms, and preparation and issuance of year end W-2 forms. Other Employee Management Solutions: The company offers Snap Payroll, a free app that allows small businesses to calculate payroll taxes from an iPhone or iPad. ViewMyPaycheck is a Web app that allows employees of QuickBooks Payroll employers to view and print their paychecks and W-2 forms; and Paycheck Records is a Web app that allows employees of Intuit Online Payroll employers to view and print their paychecks. The company also offers workers’ compensation administration to small business employers for additional fees. Payment Solutions This segment provides merchant services, including credit and debit card processing; electronic check conversion and automated clearing house services; Web-based transaction processing services for online merchants; and GoPayment mobile payment processing services. Merchant Services: The company offers a range of merchant services to small businesses that include credit card, debit card, electronic benefits, and gift card processing services; check verification, check guarantee, and electronic check conversion, including automated clearing house and Check 21 capabilities; and Web

 

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Industry Analysis

ITU

Industry Average

Valuation ITU Industry Range
Price/Earnings 21.6x
Price/Sales 3.9x
Price/Book 4.8x
Price/Cash Flow 18.5x
TEV/Sales 3.3x
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