The Loop - AccountantsAugust 17, 202600:50:43

Intuit AI Write-Back, ApprovalMax Pricing and Telleroo Interest || Be In The Loop

Indi Tatla, Lara Manton and Robbie White on a week where almost every story turned out to be about payments.



Intuit has taken its QuickBooks connectors in Claude and ChatGPT past read-only, so a business owner can raise and send an invoice from inside a chat window. Robbie calls the direction of travel genuinely exciting, then names the problem with it. The businesses most likely to switch it on are the ones with nobody in the building to catch it when it gets something wrong. Lara puts the consequence into a scene involving an auditor.



ApprovalMax has rebuilt its pricing around tiered usage, bundling Capture and Pay into the core product and dropping the multi-client discounts. Lara uses it every day for a client and asks the question a pricing page cannot answer, which is whether firms decide the basic approvals in their other software will do.



Telleroo is moving from pushing money out of a client account to also taking it in, holding it, and paying interest on it through Griffin Bank. Indi explains why she is happy for one vendor to make money out of her and not another. It involves bread.



Also covered: Intuit's own business credit card, Dext Payments arriving on QuickBooks Online, Allica Bank launching Cashew, Sage and GoCardless adding pay by bank, and a developer who built an app off 589 Xero feature-request votes and found the demand was never there.



Thanks to our sponsor Employment Hero - https://employmenthero.com



00:00 Intro



02:58 Intuit launches a business credit card



08:57 QuickBooks lets Claude and ChatGPT send the invoice



17:15 Dext Payments comes to QuickBooks Online



23:33 ApprovalMax bundles everything and puts the price up



29:54 Allica Bank launches Cashew



36:15 Sage and GoCardless add pay by bank



40:26 Telleroo will pay interest on the money sitting in the account



45:33 589 votes and the demand never arrived



50:09 Outro
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