Intuit Acquires E-Commerce App OneSaas

Intuit is acquiring OneSaas OneSaas, an Australia-based technology company that integrates omni-channel sales data from a variety of ecommerce applications. This acquisition enables QuickBooks to accelerate the scale of QuickBooks Commerce, a service that allows product-based businesses to launch and manage products across multiple sales channels and locations, including inventory, orders and fulfillment.  

Many e-commerce providers use various software tools and applications to track and measure their financial transactions. With the advent and rapid spread of COVID-19, businesses have been forced to shift to online work. This made it necessary to integrate data from many different sources in order to determine how their business was doing and to make strategic decisions about their futures. OneSaas is an infrastructure platform that integrates data streams from marketplaces, point-of-sale, fulfillment, and other categories of ecommerce platforms. 

QuickBooks Commerce, which Intuit launched last year, helps small businesses better manage their multiple online and in-store sales channels and is expanding QuickBooks into better helping product-based businesses sell via multiple channels.  

Today, QuickBooks Commerce customers can launch and manage products across multiple online and offline sales channels, manage inventory, orders and fulfillment from multiple channels and across multiple inventory locations. Adding OneSaas’s powerful data integration tools will help our customers gain even more meaningful insights about their business. 

“Now more than ever, it’s critical for small businesses to have an omni-channel sales strategy,” said Alex Chriss, executive vice president and general manager of QuickBooks. “The OneSaas team has built an outstanding data integration platform that makes it easier for our small business owners to manage and grow their business through new channels, and the confidence to make decisions through actionable insights that drive profitability.” 

QuickBooks Commerce OneSaas, based in Sydney, Australia, OneSaas was founded in 2010 by current chief technology officer Corneliu Tusnea. It has been a partner of Intuit and part of the QuickBooks App Store since 2014. 

”The OneSaas relationship with Intuit has evolved to become closely aligned over the past several years,” said Jeff Perlman, CEO of OneSaas. “Our mission has always been to help businesses understand and benefit from their own commerce data. Joining forces with the Intuit QuickBooks team is the right way for us to help more businesses prosper through ecommerce.”