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Intuit Collaborates with TiE Delhi-NCR to Organize a Financial Management Training for Entrepreneurs and Startups


July 1, 2014 - New Delhi, Delhi, India

Intuit Inc. (Nasdaq: INTU), a leading provider of business and financial management solutions for small and mid-sized businesses, has collaborated with TiE Delhi-NCR to launch a Financial Management Training for entrepreneurs and start-ups. The training, which will be held on July 11, 2014 at the India Habitat Centre in New Delhi, is designed to improve entrepreneurs’ abilities to more effectively manage their finances.
 
Designed by Intuit, the curriculum will be delivered in-person by an experienced business coach over the course of three hours to strengthen the attendees’ ability to plan for key events in the business lifecycle like seeking funding, hiring new employees, as well as improve their ability to manage day to day business finances, including things like costing and invoice management. This training will focus on demystifying financial concepts so that entrepreneurs from non-finance backgrounds feel confident in making critical financial decisions in a timely, strategic manner, helping them compete in an increasingly global, mobile world.
 
Divided into three modules, the course covers topics including preparing to pitch investors and approach banks for funding, understanding core financial terms and indicators to measure success, budgeting and invoicing, and the technology solutions to help manage day to day finances, among other topics.
 
Looking forward to the event, Nikhil Arora, Vice President & Managing Director, Intuit India said, “Intuit is excited to collaborate with TiE Delhi-NCR on the upcoming financial management training because it teaches the core skills that every successful entrepreneur must have, but ironically, are often the last skills thought of. We ensured our approach to the training takes advantage of the real-life business experience the attendees already have and so the course is highly interactive and discussion-based. On the Monday after the training, attendees will be able to put what they learned into action in their businesses.”
 
Geetika Dayal, Executive Director of TiE Delhi-NCR said, "Financial management is one of the most essential aspects of running a profitable and scalable business. In order to successfully implement any great business idea, entrepreneurs need to understand and manage their finances during all stages of growth to be able to realize their dreams. Like TiE, Intuit understands the importance of enabling startups with the tools they need to grow, so we are excited to join hands with Intuit and bring this financial training to our community.”
 
About Intuit India

Intuit is a leading provider of business and financial management solutions for small and mid–sized businesses in the country. Intuit India, the company’s first venture in Asia Pacific, commenced operations in 2005 and currently has more than 700 employees across offices in Bangalore, Mumbai and New Delhi. Intuit stands on the core principles of customer–driven innovation and improving the financial lives of its customers profoundly with product offerings such as Intuit QuickBooks in India. Intuit has been recognized as the 9th best company for Rewards and Recognition, 6th Best Employer in India, Top 10 Best Places to Work for in India by Great Places to Work Institute. For more information, please visit www.intuit.in

About Intuit Inc.

Intuit Inc. creates business and financial management solutions that simplify the business of life for small businesses, consumers and accounting professionals. Its flagship products and services include QuickBooks®Quicken® and TurboTax®, which make it easier to manage small businesses and payroll processing, personal finance, and tax preparation and filing. Mint.com provides a fresh, easy and intelligent way for people to manage their money, while Demandforce® offers marketing and communication tools for small businesses ProSeries® and Lacerte® are Intuit’s leading tax preparation offerings for professional accountants. Founded in 1983, Intuit had revenue of $4.2 billion in its fiscal year 2013. The company has approximately 8,000 employees with major offices in the United States, Canada, the United KingdomIndia and other locations. More information can be found at www.intuit.com

Source: Business Wire India

BusinessWireIndia

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