Free Agent is ace for UK freelancers
Updated February 03, 2016

Free Agent is ace for UK freelancers

Eddie May | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with FreeAgent

As a freelancer, working on projects and also time based billing, FreeAgent has helped streamline client account management, time billing, invoicing and accounting. It is indispensable to the way my business operates.

Pros

  • Accounting! As you'd expect. Makes it much simpler andmore cost effective. In-coming and out-goings are recorded and assigned to projects and accounts. My accountant can access my books and reconcile so much more easily than trawling through spreadsheets.
  • Time billing - time spent on projects/client work is recorded and is ready to be invoiced as required. Saves so much time and prevents inaccuracies.
  • Invoicing - again, it should do this well and it does. Non payment reminders are automatic and clients have no excuses for not knowing the status of their account.
  • Account dashboard - gives me an instant overview of the health of the business (am I on track to meet my yearly targets) and my accounts.

Cons

  • When explaining bank transactions it's necessary to click the 'More Options' to add a receipt number.
  • Perhaps receipt numbering could be automatic.
  • The ROI represented by FreeAgent for me has been in the reduced time to produce accounts - shaved days off the end of year hassle.
  • The ease of time tracking has also introduced a more disciplined approach to time tracking and project/client account management.
I used Fresh Books for about three years prior to switching to FreeAgent. It was the accounting functionality that made the difference - in the past two years I've not regretted the switch. Fresh Books is good, but its the UK accounting features that make FreeAgent indispensable to my business.
FreeAgent is particularly suited to freelancers and SMEs that have project and/or time based billing.

FreeAgent Feature Ratings

10.0
Accounts payable
10
Accounts receivable
10
Cash management
10
Bank reconciliation
10
Expense management
10
Time tracking
10
Fixed asset management
Not Rated
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
10
Electronic tax filing
10
Self-service portal
10
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
10.0
Dashboards
10
Standard reports
10
Custom reports
10
10.0
API for custom integration
Not Rated
Plug-ins
10
Not Rated
Role-based user permissions
Not Rated
Single sign-on capability
Not Rated

FreeAgent Implementation

Using FreeAgent

It's simple to use, intuitive, and makes my life simpler - not much more is required of software.
ProsCons
Like to use
Relatively simple
Easy to use
Technical support not required
Well integrated
Consistent
Quick to learn
Convenient
Feel confident using
Familiar
None
  • Invoicing - adding time spent/expenses to an invoice is very easy.
  • The dashboard is very clear and useful.
Yes, but I don't use it

FreeAgent Reliability

Comments

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