FreeAgent & Umbrella.co.uk agree 1,000+ client cloud accounting migration

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.