![[Global] Intuit announces GoCo acquisition](http://gpa.net/cdn/shop/articles/bigstock-Blockchain-technology-futurist-233330761_c1aae1fb-aaad-4da6-b300-83fc35f6aaaa_1200x.jpg?v=1745708978)
The global fintech platform Intuit Inc. has announced that it has signed an agreement to acquire GoCo, a provider of contemporary HR and benefits solutions for small and mid-market businesses, Stock Titan reports.
GoCo will allow Intuit to deliver a comprehensive HCM solution to help businesses hire the right employees and manage their workforce effectively, all in one place.
Intuit provisions include Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp. This acquisition reportedly represents a significant step forward in its strategy to serve growing mid-market businesses with a connected platform that helps customers run and grow their businesses.
Intuit will initially integrate GoCo's features into Intuit Enterprise Suite and QuickBooks Payroll for customers who have Premium or Elite Payroll in the US, giving businesses a single solution to manage their finances, customers, and the full employee lifecycle from onboarding to offboarding. Launched in 2024, Intuit Enterprise Suite is a configurable suite of integrated financial products designed to seamlessly scale and enhance productivity and profitability for mid-market businesses as they grow.
"As businesses scale, they need to be able to find, onboard, and retain the right talent, offer and manage benefits, and stay compliant, while maintaining a single source of truth for all employee information," Olivier Bartholot - Vice President and Segment Leader of Workforce Solutions at Intuit - said. "GoCo brings world-class HR and benefits capabilities to our existing product portfolio. Together, we will deliver a comprehensive HCM solution to help small and mid-market businesses manage their teams, optimise productivity, and grow faster.”
Source: Stock Titan
(Quote via original reporting)
The global fintech platform Intuit Inc. has announced that it has signed an agreement to acquire GoCo, a provider of contemporary HR and benefits solutions for small and mid-market businesses, Stock Titan reports.
GoCo will allow Intuit to deliver a comprehensive HCM solution to help businesses hire the right employees and manage their workforce effectively, all in one place.
Intuit provisions include Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp. This acquisition reportedly represents a significant step forward in its strategy to serve growing mid-market businesses with a connected platform that helps customers run and grow their businesses.
Intuit will initially integrate GoCo's features into Intuit Enterprise Suite and QuickBooks Payroll for customers who have Premium or Elite Payroll in the US, giving businesses a single solution to manage their finances, customers, and the full employee lifecycle from onboarding to offboarding. Launched in 2024, Intuit Enterprise Suite is a configurable suite of integrated financial products designed to seamlessly scale and enhance productivity and profitability for mid-market businesses as they grow.
"As businesses scale, they need to be able to find, onboard, and retain the right talent, offer and manage benefits, and stay compliant, while maintaining a single source of truth for all employee information," Olivier Bartholot - Vice President and Segment Leader of Workforce Solutions at Intuit - said. "GoCo brings world-class HR and benefits capabilities to our existing product portfolio. Together, we will deliver a comprehensive HCM solution to help small and mid-market businesses manage their teams, optimise productivity, and grow faster.”
Source: Stock Titan
(Quote via original reporting)
