we're making their lives a little easier by integrating with the systems that small businesses actually use
The Payroll Site has connected its cloud payroll system with FreeAgent cloud accounting to give FreeAgent's 50,000+ small business customers a fully featured payroll option that links with their accounts.
The Payroll Site already offers an integrated payroll option for the hundreds of thousands of small, British businesses that use Xero, QuickBooks or KashFlow. From today, this option is also available to businesses using FreeAgent.
The FreeAgent accounts system has some basic payroll functions built in, without the ability to calculate pension contributions or process weekly pay. FreeAgent customers who need these features can now run their payroll on The Payroll Site and send the figures straight to their FreeAgent accounts. As a specialised cloud payroll system, The Payroll Site offers a range of features not provided by FreeAgent, such as email payslips and links to pension providers.
More and more small businesses are moving their accounting to the cloud. In the past year, QuickBooks Online surpassed 100,000 UK subscribers and Xero passed 200,000.
The Payroll Site Managing Director Steven Tucker said: "Many of our customers use cloud accounting systems and we're making their lives a little easier by integrating with the systems that small businesses actually use."
The Payroll Site is an independent, cloud payroll company serving small businesses throughout the UK. Subscriptions start at £5.75 per month, excluding VAT.
The Payroll Site topped the AccountingWEB Software Satisfaction Survey for the survey's last three years, which were 2011, 2012 and 2013.
More information about The Payroll Site is available on the website www.thepayrollsite.co.uk.
NOTES TO EDITORS
About The Payroll Site Ltd.
1. The Payroll Site Ltd provides a cloud payroll system for small UK businesses.
2. The company was started in 2004 by two brothers, Steven and Kenny Tucker.
3. The Payroll Site won the 2012 Payroll World award for Specialist Payroll Provider, the Software Satisfaction Awards for SME Payroll in 2011 and 2012 and the 2013 Software Satisfaction Award for Payroll.
4. The Payroll Site is based in Bushey, Herts and serves customers across the UK via the website www.thepayrollsite.co.uk.
5. The Payroll Site (with a capital T) is a registered trade mark.
FreeAgent had 51,865 subscribers on 30 September 2016 including a small number outside the UK (1,744 on 1 August 2016) - from their interim report and AIM admission document. They issued a trading update on 6 April confirming a 12% increase in Annualised Committed Monthly Recurring Revenue, which is an indication of rising subscriber numbers.
Xero had 212,000 UK subscribers at 31 March 2017 - from their annual report.
QuickBooks Online surpassed 100,000 UK subscribers in the quarter ended 31 January 2017 - from their Q2 conference call.
Steven Tucker 0333 332 0211
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