Custom Search
 


Intuit India's Managing Director Umang Bedi .. and the India-specific Money Manager tool
 
Intuit Money Manager: Manage your money for less than a rupee a day

US-based gobal business and financial management solutions for consumers and  small and mid-sized businesses Intuit, has launched its first software product developed specifically for consumers in India.


 Intuit Money Manager  is a Web-based  personal finance tool that promises to help users plan, track, manage  and grow  their  money through  a single window; it consolidates personal finances from multiple bank accounts and investments, tracks and categorizes expenses, prepares and calculates taxes and provides insights into the health of  the customer’s personal finances.


The product comes five years after the   $ 3.2 billion  company set up  a Bangalore-based development centre – and  used this resource to  build key elements of its    portfolio of products, including the flagship US  tax planner TurboTax, the  stand-alone QuickBooks Customer  Manager  and  the Quicken series of  personal and small-biz accounting tools.


                                                


To  beef up the resources of Money Manager,  Intuit  has chosen to leverage  the live  investment information at  leading Indian financial services portal Moneycontrol.com.  The product can be downloaded  for a free 90-day trial period from the portal  which opens with an Intuit promo these days – or direct from http://www.intuitmoneymanager.com/ .  After this period, those who chose to continue using the money manager are required to pay approximately Rs 1 a  day  -- but there is an introductive offer of  Rs 245 a year.


            Unveiling the product, Umang Bedi, Managing Director, Intuit India – Global Business Division, said, “ People spend  less tnan 1 percent of the time they spend on earning their money, to manage it. We aim to help users, manage their money, more easily, efficiently by showing  them all their relevant information in just one place, leading them to better decisions and saving significant time. Users can also track their spending trends, showing them how they can save more money. Products like this can help people save more money, and stimulate the economy by leading to more informed spending decisions.”


           


Mr. Vittal Anandkumar, Head – Marketing, Intuit India who  demonstrated the product added:, “Intuit Money Manager assists salaried individuals who want to know how and where they spend their money. Their entire financial picture appears on just one screen, eliminating the need to log onto multiple Web sites. And it helps them set goals, create budgets and monitor investments, all in one place.”         


The product has been localized for Indian users – by  including drop down menus of  all leading Indian banks, Mutual Fund players, credit card agencies etc – and by integrating it tightly with  Indian Income Tax  forms and rules.


Our take: Intuit Money Manager is intuitive, reasonably comprehensive with regard to banks and standard  credit, loan and investment players and  easy to use. We believe it  will be   best appreciated by salaried Indian families, who  juggle  2-3 credit cards, 2-3 bank accounts,  multiple  tax saving instruments like provident fund,  fixed deposits, mutual funds;  pay rent or own property  – and who pay Rs 30,000 or more in income tax.    If the bulk of your spending is in cash  and you  don’t have multiple accounts to manage, then the tool will involve  manual entry that may not be worth the effort – and clearly Money Manager does not address this end of the consumer space. The menus seem angled at individual consumers and households – and we think it is not  very suitable in its present form for businesses. Intuit probably has an offering for SMEs in India in the works.


January 13 2010


             




    



  Post Your Comments Now
       
  Name  
  Email  
  Comment  
     
     
       
       
     
Intuit Money Manager: Manage your money for less than a rupee a day
by uday patil on January  23,  2010
  "very good lessons"
     
Intuit Money Manager: Manage your money for less than a rupee a day
by kvnathan on   26,  2011
  " ON 23rdAugust.2011 I registered my name with Intuit Money Manger and the Order No: is 278868 after paying Rs 402/= through Master card. So far no communication received from you! Kindly enlighten and oblige. Thanks."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by Deon on May  28,  2011
  "Got it! Thanks a lot again for hlepnig me out!"
     
Intuit Money Manager: Manage your money for less than a rupee a day
by Deon on May  28,  2011
  "Got it! Thanks a lot again for hlepnig me out!"
     
Intuit Money Manager: Manage your money for less than a rupee a day
by Buy oem Software on February  12,  2012
  "X5Q8Do Develop the topic further! It is interesting to know more details..!!"
     
Intuit Money Manager: Manage your money for less than a rupee a day
by Buy oem Software on February  12,  2012
  "X5Q8Do Develop the topic further! It is interesting to know more details..!!"
     
Intuit Money Manager: Manage your money for less than a rupee a day
by Mariabe on   02,  2012
  "the past few weeks, we’ve been exploring dreieffnt ways to enhance your social recruiting strategy with lessons from some of the most successful consumer brand campaigns. Today, we’ll focus on"
     
Intuit Money Manager: Manage your money for less than a rupee a day
by cheap seo services on November  03,  2012
  "uc5Ptk I am so grateful for your blog. Much obliged."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by cheap seo services on November  03,  2012
  "uc5Ptk I am so grateful for your blog. Much obliged."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by lose weight pills on January  31,  2013
  "XQmj2U I value the blog article.Thanks Again."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by lose weight pills on January  31,  2013
  "XQmj2U I value the blog article.Thanks Again."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by buy discount viagra online on March  03,  2013
  "17GeOA Really enjoyed this post. Keep writing."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by buy discount viagra online on March  03,  2013
  "17GeOA Really enjoyed this post. Keep writing."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by bookmaring service on March  14,  2013
  "YrpFVr Thanks again for the article.Much thanks again. Fantastic."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by bookmaring service on March  14,  2013
  "YrpFVr Thanks again for the article.Much thanks again. Fantastic."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by social bookmarks on March  14,  2013
  "3g7bWT I appreciate you sharing this article post."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by social bookmarks on March  14,  2013
  "3g7bWT I appreciate you sharing this article post."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by buy cipro on March  15,  2013
  "Im thankful for the blog article.Thanks Again. Really Cool."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by buy cipro on March  15,  2013
  "Im thankful for the blog article.Thanks Again. Really Cool."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by generic viagra online on March  15,  2013
  "I value the article. Much obliged."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by generic viagra online on March  15,  2013
  "I value the article. Much obliged."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by generi cialis on March  15,  2013
  "I really like and appreciate your post.Really looking forward to read more. Fantastic."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by generi cialis on March  15,  2013
  "I really like and appreciate your post.Really looking forward to read more. Fantastic."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by Buy Levitra online on March  15,  2013
  "Fantastic blog.Really thank you! Fantastic."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by Buy Levitra online on March  15,  2013
  "Fantastic blog.Really thank you! Fantastic."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by slr lenses on May  14,  2013
  "kH0F04 Appreciate you sharing, great article.Really thank you! Cool."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by slr lenses on May  14,  2013
  "kH0F04 Appreciate you sharing, great article.Really thank you! Cool."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by good seo on May  25,  2013
  "ssNdVf Appreciate you sharing, great post.Really thank you! Cool."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by good seo on May  25,  2013
  "ssNdVf Appreciate you sharing, great post.Really thank you! Cool."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by seo service on May  28,  2013
  "t3OL9h I truly appreciate this blog article. Cool."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by seo service on May  28,  2013
  "t3OL9h I truly appreciate this blog article. Cool."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by best pron on January  29,  2018
  "UcP8c2 wow, awesome blog article. Keep writing."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by best pron on January  29,  2018
  "UcP8c2 wow, awesome blog article. Keep writing."
     
Intuit Money Manager: Manage your money for less than a rupee a day
by john newmann on May  30,  2018
  "vJvRtv This is a great web page, might you be interested in doing an interview about just how you created it? If so e-mail me!"
     
Intuit Money Manager: Manage your money for less than a rupee a day
by john newmann on May  30,  2018
  "vJvRtv This is a great web page, might you be interested in doing an interview about just how you created it? If so e-mail me!"