Intuit to Acquire Sequence to Boost AI-Powered Mid-Market Offerings

Intuit Inc. INTU has announced an agreement to acquire Sequence, an AI-native revenue management platform, to expand its capabilities in the mid-market enterprise resource planning (ERP) space. The acquisition is expected to strengthen Intuit Enterprise Suite and QuickBooks Online Advanced by integrating automated quote-to-revenue workflows, including pricing, billing, collections and revenue recognition. The move aligns with Intuit's strategy to attract growing businesses seeking alternatives to traditional ERP solutions offered by Oracle ORCL and SAP SAP. Sequence's platform replaces manual billing processes and spreadsheets with AI-powered automation, supporting complex revenue models based on consumption, usage, seats and milestones.