FreeAgent Launches New Features to Help You Get Paid Faster
Accounting software makers FreeAgent has launched a trio of new features, making it even easier for self-employed workers and small business owners to get paid faster.
Late payments are a scourge on the self-employed and small business community. Research from Bacs* suggests that late payers cost SMEs up to £23.4bn every year, which is not to mention the unnecessary stress and anxiety caused to millions of the UK’s smallest businesses.
FreeAgent specialises in highly functional accounting software for micro business owners and they are determined to make it as easy as possible for everyone to get paid on time. That’s why they’ve introduced three new features to their software to make life even easier?
Want to get more out of FreeAgent? Use a specialist cloud accountant to make the most of financial administration. Speak to a member of the Cloud Accountant team today, call: 0808 281 0303.
One off invoice reminders
Automated invoice reminders have been a staple of the FreeAgent accounting system for a long time. These reminders can be set to go out when an invoice is due, giving late payers that little nudge they need to make sure your invoice gets paid.
But sometimes a personal or manual touch goes a long way. That’s why FreeAgent has also introduced one-off reminders for overdue invoices.
Simply go to the invoice overview page and select send now on any overdue invoice to immediately send out a reminder.
One popular feature from FreeAgent is their weekly Monday Motivator emails. As the name suggests, this email lands in your inbox every Monday with some of the financial admin tasks you may have forgotten to do last week.
In a slight re-design, the Monday email will now include details of any overdue invoices at the start of the week, so you’ll be able to flag them with the client right away.
The Monday Motivator email also includes an admin to do list, which is great for helping you stay on top of pesky bookkeeping tasks.
And finally, FreeAgent has also updated its iOS and Android apps with an upgraded Radar screen.
The handy app will now show you tailored insights alongside your financial admin to do list, so you can stay up to date with your financial situation while simultaneously looking at the big picture.
Want more information about FreeAgent’s accounting software? Speak to a member of the team today. Call: 0800 281 0303.
*Bacs Payment Schemes Limited, previously known as Bankers' Automated Clearing System, is the organisation with responsibility for the schemes behind the clearing and settlement of UK automated payment methods Direct Debit and Bacs Direct Credit, as well as the provision of managed services for third parties.