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RCS - GetBusy PLC - Strategic partnership with Intuit strengthened

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RNS Number : 5929S  GetBusy PLC  09 January 2025

9 January 2025

GetBusy plc

("GetBusy" or the "Company" or the "Group")

GetBusy strengthens its strategic partnership with Intuit

GetBusy plc (AIM: GETB), a leading provider of productivity software for
professional and financial services, is pleased to announce it has
strengthened its strategic partnership with Intuit, the leading provider of
tax software to accounting professionals, through the addition of Intuit
ProConnect Tax into the suite of products integrating natively with
SmartVault.  ProConnect customers can now join the thousands of other Intuit
customers that rely on SmartVault to secure and manage their documents.

Under the terms of the agreement, SmartVault will launch a co-branded
integrated document management and workflow package exclusively for customers
of ProConnect Tax, Intuit's fast-growing online professional tax software
application with built-in tax advisory insights.  SmartVault is the first
natively integrated online document management solution and portal platform to
integrate with ProConnect Tax, giving customers a fully digital, fully
automated workflow to collect, manage, and securely share documents with
clients across ProConnect and other integrated apps.

Daniel Rabie, CEO of GetBusy, commented:

"We're very excited to strengthen our long-standing strategic partnership with
Intuit by providing the only natively integrated document management solution
for ProConnect customers, supporting the acceleration of cloud adoption for
the c. 100,000 users(*) of Intuit's Lacerte and ProSeries tax products as well
as ProConnect's rapidly increasing market share.

"The combination of ProConnect's cutting-edge cloud tax compliance and
advisory capabilities with SmartVault's deep expertise in secure and efficient
document management and workflow, gives tax professionals an outstanding
platform from which to scale their practice profitably and securely in an
increasingly complex market.

"SmartVault now integrates with every major professional tax prep application,
serving as an app-agnostic content spine that is the single source of truth
across the multiple technologies used by tax professionals.

"The GetBusy Board is increasingly confident in SmartVault's strategically
valuable position in the US accounting market, which this strengthened
partnership significantly enhances, and remains excited about the long-term
shareholder value creation prospects for the business."

 

(*) Management estimates.

GetBusy plc

investors@getbusy.com

 Cavendish Capital Markets Limited (Nominated Adviser and Broker)     +44 (0)20 7220 0500

 Matt Goode / Trisyia Jamaludin (Corporate Finance)

 Harriet Ward (ECM)

 

About GetBusy

GetBusy's specialist productivity software solutions enable growing businesses
to work securely and efficiently with their customers, suppliers and teams
anytime, anywhere.  Our solutions can be delivered flexibly across cloud,
mobile, hosted and on-premise platforms, whilst integrating seamlessly with a
wide variety of other class-leading core business systems.

With nearly 70,000 paying users and over 3 million collaborators across
multiple market sectors and jurisdictions, GetBusy is an established and
fast-growing SaaS business delivering sustained double-digit growth in
high-quality recurring subscription revenue over the long term.

Further information on the Group is available at www.getbusyplc.com

 

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