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Intuit announced last week that it has sold Quicken to private equity firm H.I.G. Capital, which plans to double the personal finance tool's Mac engineering team in an effort to improve the 33-year-old software. The investment group aims to bring Quicken for Mac closer in line with the Windows version.

Quicken-Mac-800x252.jpg

"On the Mac team, we're bringing in a new product manager starting this coming Monday," said Quicken head Eric Dunn. "We have plans within the calendar year to double the engineering team, so we can do the work we need to do to bring Mac closer to the feature set of Windows over the next quarters and years."


Quicken is the most popular personal finance software in the United States, but the Mac version has historically been lacking compared to its Windows counterpart. Dunn is confident that the software "will thrive with increased investment" and "become great again" under the new investment group's leadership.
My team and I know you count on Quicken to help you stay on top of your finances, and we are committed to continuing to improve your experience with Quicken. We've already started the journey with the new Quicken 2016 products that launched in November with new features to help consumers stay on top of their bills. In the last six months, we've also increased our investment in U.S.-based phone support.
Quicken 2016 for Mac, the latest version of the software, is available as a one-time purchase for $74.99.

Article Link: Quicken to Double Mac Engineering Team to Finally Improve OS X Version
 

MallardDuck

macrumors 6502a
Jul 21, 2014
780
1,252
Wow - how many years since Quicken Essentials was a dud? I have zero - exactly zero - faith in anything they do on the mac. Between crappy products and crappy support, they blew their one chance at the market.

iBank all the way!
[doublepost=1457363477][/doublepost]
So, from one engineer, to two?

Naw, they're countiing bodies, not skills. The new one must be an intern.
 

thisisnotmyname

macrumors 68020
Oct 22, 2014
2,428
5,179
known but velocity indeterminate
'bout time. Of course the Win version has a junk UI and is buggy too so I'm still not expecting much.

Edit: I'm convinced the only reason Quicken hasn't disappeared is due to the lack of any real competition. And by real competition I mean a competitor that can also robustly and securely (e.g. without having to store all your banking logins in the cloud a la Mint) download transactions.
 

unplugme71

macrumors 68030
May 20, 2011
2,827
754
Earth
How about making QuickBooks for Mac have the same feature set as the Windows version.
Why they are different after all this time completely eludes me.

To generate money and keep expenses very low. See, if they spent an entire year to bring Q and QB for Mac up to speed with Windows, then they wouldn't generate a lot of sales, because a lot of people usually skip upgrading every year and might do it every 2-3 years instead.

So by adding one feature from Windows to Mac, it makes the Mac users spend more money by upgrading yearly to have that feature they needed.


I use iBank and I love it for personal finance. Unfortunately QB Pro/Prem fro Windows is what I'm stuck with in terms of business accounting. I also hate how Intuit forces you to move into the "cloud". Sorry, but I don't want my business data stored on your servers when you can't even confirm the encryption, backup, restore, import/export processes in detail.

I tried AccountEdge but it's user interface dates back to the first OS X release and after dozens of my clients requesting an updated feel, including myself, they consistently refuse to change and upgrade to the new look and feel of the current OS X.
 
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jetjaguar

macrumors 68040
Apr 6, 2009
3,377
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somewhere
About time but I'm looking at something to switch from quicken from windows. I might try Ibank (or whatever their new name is) or something else.
 
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MapleGrove

macrumors newbie
Mar 30, 2014
15
2
The Lowcountry of SC
"Dunn is confident that the software "will thrive with increased investment" and "become great again" under the new investment group's leadership."
Sounds almost presidential, if you go for that sort of thing.
 

kingtj

macrumors 68030
Oct 23, 2003
2,606
747
Brunswick, MD
Same here. iBank took a little getting used to, when it first came out, and seemed to have a poorly written part of the code that actually did the math. (If you had a lot of check register entries, each new one you added actually lagged for a second before it calculated the new total.)

But it's improved to the point where these days, I use it without ever looking back.

I can't really see a good reason to move back to Quicken at this point? Maybe they could support more financial institutions for automatic logins and downloads of your transaction records or something....


Too late. Long since shifted to iBank.
 

Thunderhawks

Suspended
Feb 17, 2009
4,057
2,118
Too late. Long since shifted to iBank.

....but far from matured. I can't believe they renamed it BANKTIVITY.

Sounds like a nativity scene where there is a crib with money and everybody else worshiping it:)

Too much non keyboard interaction needed for my taste.
 
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Thunderhawks

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Feb 17, 2009
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About time but I'm looking at something to switch from quicken from windows. I might try Ibank (or whatever their new name is) or something else.
Try BANKTIVITY. After you get used to its quirks and how to work around it you'll be better off.
[doublepost=1457364539][/doublepost]
H.I.G. Capital is the Donald Trump of Quicken. They're going to make Quicken great again.

And no foreign programmers!
 

Precision Gem

macrumors 6502
Jun 3, 2015
330
525
USA
To generate money and keep expenses very low. See, if they spent an entire year to bring Q and QB for Mac up to speed with Windows, then they wouldn't generate a lot of sales, because a lot of people usually skip upgrading every year and might do it every 2-3 years instead.

So by adding one feature from Windows to Mac, it makes the Mac users spend more money by upgrading yearly to have that feature they needed.


I use iBank and I love it for personal finance. Unfortunately QB Pro/Prem fro Windows is what I'm stuck with in terms of business accounting. I also hate how Intuit forces you to move into the "cloud". Sorry, but I don't want my business data stored on your servers when you can't even confirm the encryption, backup, restore, import/export processes in detail.

I tried AccountEdge but it's user interface dates back to the first OS X release and after dozens of my clients requesting an updated feel, including myself, they consistently refuse to change and upgrade to the new look and feel of the current OS X.

If you use QuickBooks for Mac, as I do, you are basically forced to update the program every time OSX changes. QuickBooks almost never works when a new version of OSX comes out, and you are forced to either not update your OS, or purchase a new copy of QuickBooks. I have now repurchased QuickBooks 4 times. It must be said that every year instead of paying the full $199 price, owners of the program are sometimes offered to re buy at the discounted price of $179!
 
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FieldingMellish

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Jun 20, 2010
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Douchbaggery from Intuit as regards the Mac platform is what led me to abandon Quickbooks for MYOB, now called AccountEdge, some years ago. Intuit let Quickbooks for Mac languish as the lonely stepchild app. Only after, Intuit got on the stick and jump started Mac Quickbooks development in earnest.
 
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