Accounting software program supplier FreeAgent has partnered with spend administration platform Pleo.
The partnership makes Pleo FreeAgent’s most well-liked expense administration companion, enabling seamless, automated syncing of information from Pleo into FreeAgent.
Headquartered in Edinburgh, Scotland, FreeAgent made its Finovate debut at FinovateEurope 2013 in London.
A brand new partnership between accounting software program supplier FreeAgent and spend administration platform Pleo will assist small companies within the UK higher handle each day-to-day bills in addition to money move.
As a part of the alliance, Pleo will now function FreeAgent’s most well-liked expense administration companion. It will allow seamless syncing of bills, card transactions, receipts, and attachments—in addition to classes and VAT—from Pleo into FreeAgent. Automated syncing removes the reliance on error-prone and cumbersome guide entry, makes it simpler for workers to finish their expense reporting tasks, and supplies for extra correct, up-to-date bookkeeping for small companies.
“We all know how irritating and time-consuming it may be for small companies to maintain monitor of spending, particularly when plenty of completely different individuals are making purchases,” FreeAgent CEO and Co-Founder Roan Lavery mentioned. “This partnership with Pleo takes an enormous quantity of that stress away. Bills are recorded and despatched straight into FreeAgent with out the same old chasing round for receipts or spreadsheets. It simply works within the background, so enterprise house owners can concentrate on operating their enterprise, not wrestling with their books.”
Pleo supplies small companies with good digital or bodily firm playing cards that allow full management over spending limits and insurance policies. The expertise mechanically tracks, categorizes, and matches all transactions with a receipt in Pleo, then syncs straight into FreeAgent. This integration will present enterprise house owners and finance groups with complete, real-time visibility of firm spending, from one-off purchases to recurring bills.
“Pleo is thrilled to launch our integration with FreeAgent, two companions with a shared imaginative and prescient of empowering SMBs with seamless monetary instruments,” Pleo SVP Haresh Bajaj mentioned. “This partnership is a step ahead in simplifying workflows and unlocking larger worth for our prospects, and we’re excited in regards to the impression we’ll obtain collectively.”
Headquartered in Copenhagen, Denmark, Pleo provides options for expense administration, accounts payable, reimbursements, and vendor administration, in addition to good enterprise expense playing cards with particular person spending limits. With greater than 40,000 enterprise customers of its expertise, Pleo notes that 75% of directors utilizing Pleo have mentioned its options have made their firms extra productive. Pleo lately introduced its Money Administration resolution which mixes spend and money administration to offer companies full visibility over all accounts, decrease FX prices, and earn on idle money in a single useful resource.
Based in 2007, FreeAgent provides accounting software program and help for small companies and their accounting and bookkeeping groups. The Edinburgh, Scotland-based fintech made its Finovate debut at FinovateEurope 2013, and was acquired by NatWest Group in 2018. With greater than 200,000 customers, FreeAgent additionally lately introduced a partnership with Australian company efficiency administration (CPM) software program supplier Fathom.
Photograph by Adam Wilson on Unsplash
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