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FreeAgent - I would recommend it to anyone
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Updated November 11, 2015

FreeAgent - I would recommend it to anyone

Score 10 out of 101
Vetted Review
Verified User
Review Source

Software Version
Web based accounting softeare

Overall Satisfaction with FreeAgent

I use FreeAgent to manage my company's accounts (I run a limited company). I find it straightforward and simple to use. My accountant has access also so it makes it easy for any financial problem solving and for her to do my end of year accounts. The payroll function which links directly to HMRC for RTI is a doddle and I can see at a moment's glance what my cash flow position is, how much VAT I will need to pay and keeps me up to date with any deadlines that I might have.
  • Clear, straightforward UX and design. This is key for me for any web based programme that I use.
  • The ability to track your time against multiple clients makes it easy when you get to the end of month and the important area of invoicing!
  • Showing your profit and loss at any moment in time.
  • The ability to track your capital assets and the fact that it automatically depreciates them for you.
  • It would be great to get either email or text alerts for those key milestones e.g. submitting your VAT bill
  • It ultimately increases my efficiency as I am able to manage my accounts easily.
I've not evaluated other products but know there are others out there.
I think it's very well suited to sole traders or those who run their own limited company. I can't really comment on other types of organisations.

FreeAgent Feature Ratings

Accounts receivable
10
Cash management
9
Bank reconciliation
10
Expense management
10
Time tracking
10
Fixed asset management
7
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
9
Self-service portal
Not Rated
Pay calculation
10
Benefit plan administration
5
Dashboards
9
Standard reports
9
Custom reports
8
API for custom integration
Not Rated
Plug-ins
Not Rated
Single sign-on capability
Not Rated

Using FreeAgent

Support Headcount Required

Using FreeAgent

Usability

10
Clear user design. Makes accounting for small businesses easy.