How Intuit plans to use agentic AI to automate complex business tasks

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Intuit introduced vital enhancements to its Generative AI Working System (GenOS) platform at the moment, together with introducing agentic AI workflows to bolster its AI and information capabilities.

Intuit is well-known for its suite of enterprise instruments together with QuickBooks, TurboTax, Credit score Karma and Mailchip. The corporate has been on a multi-year journey to combine AI capabilities that enhance consumer expertise and productiveness. At VB Rework 2024, the corporate outlined among the methods it’s utilizing generative AI to enhance personalization. Thus far, these efforts have included the corporate’s Intuit Help, an AI assistant that’s powered by the GenOS platform. Intuit is now taking the platform a step additional asserting its plans and objectives for agentic AI.

The GenOS framework is being expanded with enhanced safety, usability and features to allow the agentic AI workflows.

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“It’s bringing collectively the facility of GenOS, the orchestrator, massive language fashions, GenSRF (Safety, Danger and Fraud), the UX expertise, and it’s tying all that with what individuals really need, which is the flexibility to to have work performed for them,” Ashok Srivastava, Intuit’s chief information officer, advised VentureBeat in an unique interview.

Intuit’s new agentic AI options, at present in testing, are set to launch for finish customers in mid-2025.

Utilizing agentic AI to automate advanced duties for companies

Intuit is specializing in sensible functions that tackle real-world challenges confronted by companies.

Srivastava highlighted money circulation administration as a key preliminary use case for Intuit’s new agentic AI workflows. The flexibility of any enterprise to have the ability to pay its payments on time is a important job. The problem is usually whether or not the enterprise has enough money circulation throughout a selected interval.

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The brand new agentic workflows can course of varied forms of buyer info, together with emails, paperwork and pictures, to automate accounts receivable and payable duties. 

“It permits us to automate the accounts receivable and accounts payable duties and merge collectively a number of issues,” he defined.

That stated, Srivastava emphasised that there’s nonetheless a job for human oversight within the course of.

“We wish to have human experience concerned with it,” Ashok said.

Bringing new insights and transparency with agentic AI

Past money circulation administration, Intuit is creating capabilities to supply dynamic insights into enterprise funds.

“We’re creating dynamically produced insights and solutions to buyer questions utilizing a complicated conversational system that sits upon GenOS,” Srivastava stated. “It’s permitting me to get insights into what my monetary scenario is, what my tax scenario is, compliance info and actually serving to me perceive the monetary area.”

As AI turns into extra integral to enterprise operations, issues about safety, transparency, and environmental influence have grown. Intuit has taken proactive steps to handle these points. The GenSRF (Safety, Danger and Fraud) module within the GenOS framework performs a vital function in making certain accountable AI growth. GenSRF works alongside the Gen Runtime element of GenOS to make sure AI security.

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 “It (GenSRF) has built-in guardrails to assist accountable growth of generative AI functions, it’s extensible and configurable, and it permits us to embed security, privateness, transparency, safety controls instantly within the expertise,” Srivastava stated

Seeking to the long run, Intuit plans to proceed enhancing GenOS and launching new capabilities based mostly on buyer suggestions. A key focus shall be integrating conventional AI with generative AI applied sciences.

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“While you look into the remainder of the world, they’re solely centered, it seems to me, not less than on what is occurring within the generative AI and agentic AI areas, which is comprehensible,” Srivastava stated. “We’re doing the great understanding and growth of conventional AI capabilities which might be actually going to rework how our prospects have work performed for them.”

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