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a huge step forward in our mission to make accounting easier for freelancers, contractors and their accountants

Cloud accounting provider FreeAgent has agreed a partnership with leading UK tax, accounting and payroll services group Umbrella.co.uk to migrate their entire client base of freelancers and contractors from their previous cloud accounting solution.

Under the deal, more than 1,000 UK freelancers and contractors will be migrated to the FreeAgent platform, which will form a core element of Umbrella.co.uk’s client management and accounting processes for all its existing and future clients.

Ed Molyneux, CEO and co-founder of FreeAgent, said: “Umbrella.co.uk are one of the biggest providers of accounting, tax and payroll services for freelancers and contractors in the UK, so we’re very excited to be working with them.

“Agreeing this partnership to provide FreeAgent to their clients is not only a real acknowledgement of our expertise and credentials in the accountancy profession, but also a huge step forward in our mission to make accounting easier for freelancers, contractors and their accountants.”

Neil Armitage from Umbrella.co.uk said: “As part of an overall business improvement programme we examined the market to ascertain what is the current ‘Best in Class’ for our clients and our staff, and after undertaking a major vendor selection project FreeAgent was the clear, outstanding choice.

“By using FreeAgent, Umbrella.co.uk is benefiting from innovative and intuitive features like automated bank feeds and the Tax Timeline to stay on top of our day-to-day bookkeeping and to see what needs paying when.

“We really feel FreeAgent puts the user’s needs first compared to other solutions that are geared towards making life easy for the accountants. We find that keeping the client happy and engaged with the software is the best way of ensuring they have the information they need and we can provide value added services that save them money and reduces their stress.”

With FreeAgent, Umbrella.co.uk enjoys simple pay-as-you go monthly billing, including free automated bank feeds and fully integrated RTI-compliant Payroll. Additionally the FreeAgent Practice Dashboard gives Umbrella an immediate overview of their clients, allows them to manage user-level access permissions and enables a proactive approach through exception-based Alerts, custom defined at an Account Manager level.

As part of the implementation project, FreeAgent also provided full product training and support to Umbrella.co.uk, in addition to helping them communicate with all of their clients on the benefits of the move to the FreeAgent system.

-ENDS-

For more information, contact:

Michele Bayliss,
PR Consultant
Tel: +44 (0) 1273 475672
Mob: 0777 937 2106
E: michele@michelebaylisspr.fsnet.co.uk

About FreeAgent:

FreeAgent provides the UK’s market-leading online accounting system designed to meet the needs of small businesses, freelancers and their accountants. More than 35,000 customers currently use the award-winning system to manage and maintain their business accounts, track time, log their expenses, create and send invoices and forecast their tax bills.

FreeAgent won the Small Business Accounts and Expense Management awards at the 2013 AccountingWEB Software Satisfaction Awards and is a previous winner at the British Accountancy Awards. FreeAgent is also an official 2014 ICAS partner.

The company was also placed 8th in the 2013 Deloitte Fast 50 - the annual list compiled by Deloitte that highlights the fastest-growing technology companies in the UK - and was listed in the 2014 FinTech50 rundown of Europe’s most innovative financial technology companies.

Accountants interested in learning more about FreeAgent should contact 0800 025 3900 or visit http://www.freeagent.com/accountants

About Umbrella

Umbrella.co.uk provides best value and compliant Umbrella, Accountancy Services and Business Support Solutions to contractors and freelancers. We continue to be adaptable and flexible working to agency's needs and operational processes.

Umbrella.co.uk is a trading name of Umbrella-Company Ltd. Umbrella-Company Ltd is an APSCo Affiliate, Professional Passport approved and are silver business partners with the Institute of Recruiters (IOR). For further information please contact enquiries@umbrella.co.uk on 0800 121 6513.

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