Intuit (INTU) Partners with Clair to Offer On-Demand Pay

Intuit Inc. (NASDAQ:INTU) is one of the 10 Best NASDAQ Stocks to Buy For Long Term. On September 15, Intuit Inc. (NASDAQ:INTU) announced the launch of Clair On-Demand Pay. This service is now available as part of the Intuit Enterprise Suite and QuickBooks Payroll on the Intuit platform.

Intuit Inc. (NASDAQ:INTU) has partnered with Clair, a fintech company that helps employees get early access to their earned wages. Companies using QuickBooks Online Payroll can now offer their employees the option to access a portion of their earnings before their scheduled payday.

Intuit (INTU) Partners with Clair to Offer On-Demand Pay

The introduction of this new On-Demand Pay feature is part of Intuit Inc.’s (NASDAQ:INTU) effort to create an all-in-one business platform that supports the growth of small and medium-sized businesses.

Clair On-Demand Pay inside QuickBooks will not only help employees better manage their finances, but it will also allow small business employers to offer a benefit usually seen in larger companies. Intuit Inc. (NASDAQ:INTU) expects this offering to improve employee satisfaction and retention.

Intuit Inc. (NASDAQ:INTU) is an American multinational financial technology and business software company that offers a wide range of products and services.

While we acknowledge the potential of INTU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than INTU and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: Top 10 Stocks Under $10 That Could Triple and 10 Unrivaled Stocks of the Next 3 Years.

Disclosure: None. This article is originally published at Insider Monkey.