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Date Posted: 11/19/2008

Intuit and Copanion Join Forces to Increase Productivity and Simplify Workflow for Tax Professionals


Intuit Document eSort powered by Copanion automatically identifies and organizes scanned tax documents with best-in-class accuracy
 
 
ANDOVER, Mass., Nov. 17 /PRNewswire/ -- Copanion, an innovator in tax document automation, today announced an alliance with Intuit Inc. (Nasdaq: INTU - News) to develop a scanning solution that will dramatically increase the productivity of tax professionals by helping to simplify their workflow. Intuit announced today its new Intuit Document eSort, powered by Copanion's award-winning tax document recognition technology, as a result of the alliance.

Intuit Document eSort powered by Copanion is designed to expedite the time-consuming processes of scanning, identifying, and organizing client tax documents. It offers seamless integration with Lacerte, Lacerte DMS, ProSeries, and ProSeries DMS software. The solution will dramatically increase the productivity of tax professionals by helping to simplify their workflow.

"Intuit has always been laser-focused on providing products and services to solve customer problems," said Jill Ward, senior vice president and general manager, Accounting Professionals Division, Intuit. "With Document eSort, we're increasing end-to-end productivity across accounting professionals' most critical tasks. Our efforts with Copanion have enabled us to provide users with a new solution that offers best-in-class tax document automation capabilities."

The two companies have worked together to make tax professionals more productive through increased accuracy and speed in identifying and organizing thousands of client tax documents that a practitioner handles every year. Intuit Document eSort delivers on that vision by tightly integrating Copanion technology in the tax workflow so preparers can quickly find and review source documents as they prepare returns.

"Copanion is committed to developing technology that enhances productivity and delivers real business improvement. By automating the tedious process of recognizing and organizing tax documents, we will give back valuable time during the pressures of tax season," said Steven Ladd, CEO of Copanion. "By leveraging our technical innovation with Intuit's customer focus, we are confident that we will solve one of the significant challenges facing tax practitioners."

About Intuit Inc.

Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax® software, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit's leading tax preparation software suites for professional accountants. The company's financial institutions division, anchored by Digital Insight, provides on-demand banking services to help banks and credit unions serve businesses and consumers with innovative solutions.

Founded in 1983, Intuit had annual revenue of $3.1 billion in its fiscal year 2008. The company has approximately 8,000 employees with major offices in the United States, Canada, the United Kingdom and other locations. More information can be found at ww.intuit.com.

Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries.

About Copanion

Copanion is a leading innovator in tax document automation. The company saves tax professionals hundreds of hours during tax season with accurate and secure web-based applications for automating client tax document organization, data entry and review. Copanion is a privately held company with financing from Commonwealth Capital Ventures and Pilot House Ventures.

For more information about Copanion, Inc., visit the company's website at www.copanion.com.

The Copanion and GruntWorx names and logos are trademarks or registered trademarks of Copanion in the United States and in other countries. All other companies and products referenced herein are trademarks or registered trademarks of their respective holders.



 
 


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