Today, more and more companies are breaking down into a slew of collaborative networks of smaller organizations with ever greater specialization. In this new ad-hoc collaborative world, most companies are small, lean, and nimble, relying on extensive supplier networks. Companies have multiple clients and contracts across a globally diverse workforce available on a supply-and-demand (as needed) basis. These trends are giving rise to a massive and rapidly growing “contingent” workforce that will make up to 40 percent of the entire workforce by 2020 (currently at 30 percent, according to CNNMoney). BusinessWeek reported that 26 percent of employees in 2005 had nonstandard jobs, i.e., temps, part-timers, independent contractors, freelancers, free agents, self-employed, so-called “micropreneurs,” and so on.
As part of its ongoing quest for innovation, Intuit recently announced that QuickBooks Online is now available for mobile devices. QuickBooks Online for iPad (the name is somewhat deceiving given that the product runs on multiple mobile devices and not only on the Apple iPad) is the newest addition to the QuickBooks Online suite. Through a single QuickBooks Online account, a business can access and interact with its data from a computer, tablet, or other mobile device. There are native apps for iPhone, iPad, and Android smartphones (but no native Android tablet app yet). Data automatically syncs between devices and users, so small businesses can manage their finances anytime, anywhere.