Mobile Applications

Quicken’s Apps Get An Upgrade

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Quicken, now separated from Intuit, is looking to make a name as an independent company providing financial management solutions for individuals and small businesses. This week, the company revealed what’s ahead for 2017, including new offerings for its clients using both Apple and Microsoft devices.

In an announcement on Thursday (Oct. 13), Quicken revealed expanded capabilities for its desktop and mobile app for iOS, all to be rolled out next year, focusing on consumer financial management. The company said it has overhauled its interface and introduced bill pay capabilities, as well as enhanced reporting and investment features.

The mobile version of Quicken 2017, the firm added, is “the biggest upgrade yet to Quicken’s mobile app” and provides a seamless experience across Windows and Mac devices.

“Our number one priority is our customers and building products to help them reach their financial goals,” said Quicken Chief Executive Officer Eric Dunn in a statement. “Our 2017 products represent a big step forward in making it easier than ever for users to confidently manage their finances across all of their devices.”

The new features, said to be a response to customer demand, include automatic importing of bank transactions, automated categorization of those transactions, customizable budget plans, investment insights and analytics and custom tax reports.

Quicken said its upgrades also make it easier for consumers to separate their business and personal finances on the platform and offer snapshots of business performance based on profits and losses.

These features are rolling out across its suite of products for desktop and mobile.

Earlier this year, Intuit revealed it would sell Quicken to private equity firm HIG Capital as the company looked to “pare down” operations, according to reports. Intuit did not disclose financial details of the sale, but at the time of the announcement, Dunn said, “Quicken will thrive with increased investment.”

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