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INTUIT’S PATZER: MINT UEBER ALLES

The head of Intuit’s personal finance division thinks his Mint code base should be the platform for most Intuit products.  Aaron Patzer, whose company was acquired by Intuit last year, spelled out his view of a one-code-for-all-Intuit technologies this week at the 2010 Pacific Emerging Technology Summit.
Patzer’s vision was outlined as the following: “It shouldn’t matter where you do your finances, on a PC, on a Mac, on Linux, online, on you mobile devices we’ll use the same code base, the same technology you should use the same technology everybody.   I think that will serve as a good model for the rest of Intuit.” My assumption is that Patzer wasn’t talking just about the personal finance side as he followed up by noting that QuickBooks has about 4.5 million users on the desktop “And that’s the area that needs to change the most.”  After noting that most expense entry for QuickBooks is done manually, Patzer followed with. “There’s no reason we why can’t just automatically pull that from your bank, all the checks that you’ve written all the things that are on your debits cards your business credit cards.” He described the technology as something Intuit already has. Intuit is already pushing its data aggregation over that of Yodlee. Patzer said Intuit is putting 50 percent of all new customers on its system and will migrating off Yodlee over the next three to four months. Patzer also said he believed Quicken had suffered from being neglected by being moved under different divisions and that it "hadn't had any good leadership for the past five years." I think his plans are to rename the product lines Minten,  MintBooks, MintoTax and Mint Series.
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