Intuit Money Manager Launched in India

Provides Personal Finance Software Designed to Save Time and Money with 90-day Free Trial

Bangalore

Intuit Inc. today released Intuit Money Manager, the company’s first financial software product developed specifically for consumers in India.

The Web-based Intuit Money Manager is an innovative personal finance tool. It helps you to plan, track and grow your money with just a little effort every week, helping you Save Time and Save Money. It’s the smarter way to manage your money. The product helps consumers manage all personal financial information in a single window; it consolidates personal finances from multiple bank accounts and investments, tracks and categorizes expenses, prepares and calculates taxes and provides clear insight into the health of customers’ personal finances.

Intuit Money Manager is available on Moneycontrol.com and comes with a free 90-day trial period. More information on the product can be found at the Intuit Money Manager Web site.

Mr. Umang Bedi, Managing Director, Intuit India – Global Business Division, said, “Intuit Money Manager gives consumers an easy way to manage their finances. It shows them all their relevant information in just one place, leading them to better decisions and saving significant time. Users can also track their spending trends, showing them how they can save more money. Those who have tested the product give it high ratings. More than 85 percent of early users say they would recommend it to others. Products like this can help people save more money, and stimulate the economy by leading to more informed spending decisions.”

Mr. Vittal Anandkumar, Head – Marketing, Intuit India, Global Business Division, concurred. “Intuit Money Manager assists salaried individuals who want to know how and where they spend their money. It acts like a trusted assistant, saving them time and money while helping them make better personal finance decisions. Their entire financial picture appears on just one screen, eliminating the need to log onto multiple Web sites. Pie charts provide a clear view of their spending habits. And it helps them set goals, create budgets and monitor investments, all in one place.”

The release of Intuit Money Manager is part of Intuit’s comprehensive strategy, announced in 2009, to develop and market products in India for Indian consumers. Intuit Money Manager supports integration with most major banks, such as ICICI Bank, HDFC Bank, and nationalized banks, including the State Bank of India, Union Bank and others.