FreeAgent

FreeAgent Products

FreeAgent is a comprehensive accounting software designed to cater to the needs of small businesses, freelancers, contractors, accountants and bookkeepers. It offers a wide range of features to streamline financial management and ensure compliance with tax regulations.

Key Features

FreeAgent provides tools for invoicing, expense tracking, payroll management and tax compliance. Users can create and send customised invoices, track expenses with AI-powered Smart Capture and manage payroll with automatic calculations for pensions and RTI submissions to HMRC. The software also offers real-time cashflow tracking and a 90-day projection to help users make informed business decisions.

User-Friendly Interface

The platform is designed to be user-friendly, with a centralised dashboard that allows users to manage their finances efficiently. FreeAgent also offers a mobile app, enabling users to handle their admin tasks on the go. The software integrates seamlessly with various bank feeds and third-party applications, enhancing its functionality and ease of use.

Pricing and Plans

FreeAgent offers straightforward pricing with no hidden costs. Users can choose between monthly or annual billing, with discounts available for the first six months or year. Additionally, users with business current accounts from NatWest, Royal Bank of Scotland or Ulster Bank can access FreeAgent for free. Optional add-ons, such as unlimited receipt and bill captures and Amazon UK Marketplace integration, are available for an additional fee.

Support and Migration

FreeAgent provides award-winning support through UK-based support accountants who are available via phone, email or through the dashboard. The company also offers comprehensive migration support for new and existing clients, ensuring a smooth transition to the platform.

About FreeAgent

FreeAgent is based in Edinburgh, United Kingdom. The company was founded in 2007 by Ed Molyneux, Olly Headey and Roan Lavery, who were freelance designers and developers frustrated with the complexity of managing their finances. Their goal was to create a user-friendly accounting software that simplifies financial management for small businesses and freelancers.

Growth and Acquisition

Since its inception, FreeAgent has grown significantly. The company has over 387 employees and serves more than 200,000 users. In early 2018, FreeAgent was acquired by the NatWest Group, which has accelerated its growth while allowing it to remain operationally independent.

Company Culture and Values

FreeAgent is committed to creating a positive work environment and building a diverse, high-performing team. The company’s culture is centred around making users happier and more successful by putting them in control of their finances.