Umbrella.co.uk agrees partnership with FreeAgent - 2,000 client cloud accounting migration

09/16/2014 - 13:03
Umbrella.co.uk the leading UK tax, accounting and payroll services group has agreed a partnership with Cloud accounting provider FreeAgent. Umbrella.co.uk is to migrate their entire client base of UK freelancers and contractor from their previous cloud accounting solution.
 
Under the deal, the FreeAgent platform will form a core element of Umbrella.co.uk’s client management and accounting processes for existing and future accounting 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.”
 
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, a major vendor selection project was undertaken and 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.”
 
With FreeAgent, Umbrella.co.uk enjoys simple pay-as-you go monthly billing, free automated Bank Feeds and fully integrated RTI-compliant Payroll. Plus the FreeAgent Practice Dashboard gives Umbrella.co.uk an instant overview of their clients, allows management of user-level access permissions and enables a proactive approach through exception-based Alerts custom defined at an Account Manager level.
FreeAgent provided full product training and support to Umbrella.co.uk, and helped them communicate the benefits of the move to their clients.. 
 
Neil Armitage said “We’re delighted to be migrating our clients onto FreeAgent and as part of our continued growth programme we look forward to introducing more contractors and freelancers to the benefits of the platform in the future.” 
 
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 recently 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 www.freeagent.com/accountants
 
For more information, contact Adrian Mather, PR & Social Media Manager - on adrian@freeagent.com or call +44 (0)131 543 3163   
 
About Umbrella.co.uk
 
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 are a 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.