FreeAgent
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FreeAgent is a powerful accounting software aimed at small to mid-sized businesses. FreeAgent makes it easy to stay on top of your business admin with friendly interfaces and time-saving automation features.
You can send invoices and payment reminders automatically and get paid faster with online invoice payments. Record expenses and track time and mileage while you are on the go with the FreeAgent mobile app.
The dashboard ties everything together, giving you a quick overview of how your business is performing. On the dashboard, you can view your live profit and loss and keep up to date with invoice and tax timelines. You can improve your cash flow by tracking your incomings and outgoings, and monitor trends over time.
FreeAgent’s feature Radar, allows you to get personalised intelligent insights, tailored trend-spotting and useful reminders for your business. Your business’s key accounting reports are built automatically and available to view at any time.
The system allows you to automatically generate MTD-compatible VAT returns as you go, auto-populates most of your tax return and then allows you to file directly to HMRC.
FreeAgent at a glance:
Cost
Pricing starting at: £14.50 + VAT per month for LTDs | £12 +VAT per month for partnerships or LLPs | £9.50 per month for sole traders | Tiered pricing with first 6 months discounted
Competitors
Quickbooks, Xero, Sage Intacct, FreshBooks, NetSuite
Function
FreeAgent helps users manage their accounting books, invoices and the finance of their business
USP
FreeAgent produces tax estimates and sends you reminders when a deadline is comping up, and allows you to file directly with HMRC through their software
Use case
Bookkeeping software
Features
Dashboard, FreeAgent App, automated invoice and payment features, Radar, payroll, time tracking, and estimates
Strengths
A wide variety of resources available for you and your team to learn how to use the software efficiently, including videos, articles and their webinars
Considerations
Unclear how many users you can have in the software
Target customers
Small-Mid Sized businesses