BigTime Announces Licensing Agreement With Intuit
BigTime Software, Inc. has announced an OEM licensing agreement with Intuit Inc. (NASDAQ: INTU). Under the terms of the development deal, BigTime will work with Intuit to embed BigTime's core time, billing, and practice management functionality into a product that targets accounting professionals.
This agreement highlights Intuit's recognition of BigTime's ongoing leadership in terms of seamless integration with Intuit's QuickBooks applications– an essential consideration for small businesses with time tracking and reporting needs. It also underscores Intuit's interest in working with partners to ensure they are providing the best value-added experiences for their customers. Under the terms of this new co-development agreement, Intuit and BigTime will be collaborating to embed BigTime's tools within some of Intuit's cloud-based offerings, including a practice management suite presently in development. The agreement also sets the stage for clients who use BigTime's time and billing software and Intuit's practice management suite to transition between platforms, depending on their evolving needs.
