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Urban India, keep a tab on your spending!
Intuit Money Manager India Launch : (From left to right) V Anandkumar,
Ravi R Bellur, Umang Bedi |
May be it’s time to put a tab on your credit card swipes,
apply brakes on your monthly dining budget or to avoid the late penalties you’ve
been paying with your taxes. The bottom-line is to have a clue on every buck
you spend or you earn; every transaction that you can recall or the ones that
just goes off your mind.
Intuit has released Intuit Money Manager to help Indian consumers
keep a tab on their spending.
The Web-based personal financial tool is believed to help users plan, track
and grow their money at ease. 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 has been tightly integrated with Moneycontrol.com and comes
with a free 90-day trial period. This tool is targeted towards urban population
of India and it can be purchased at an annual subscription of Rs 365.
Talking about the new product, Intuit India Managing Director, Emerging Markets–
Global Business Division, Umang Bedi said, “Intuit Money Manager has been
made in India, for India and enable our customers to save money and achieve
their financial goals. The solution has been developed based on information
gleaned from numerous studies on the financial lifestyles of Indians. Some of
their key pain-points were logging into multiple websites to track their finances
and monitoring their expenses, goals, and savings. This is our first offering
for India and through this we’re aiming to change the way personal finance
is managed in India.”
“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 better personal finance decisions,” said
Intuit India Marketing Head, Global business Division, Vittal Anandkumar.
It has integrated the tool up with 26 financial institutions and banks.
On security, Bedi emphasized on complete security against phishing and cyber
crimes that have been hovering over online financial transactions.
On similar products in the market like one from Artha Money, Anandkumar said,
“We are thrilled that competition is getting in this space.”
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