Back to competitors overview

Naologic vs FreeAgent

High-level description

FreeAgent is an online accounting software designed specifically to meet the needs of small businesses, freelancers and their accountants. FreeAgent helps businesses take care of their day-to-day admin, from managing expenses and running fully RTI-compliant payroll to creating and sending professional-looking estimates and invoices. It also allows businesses to keep track of their cash flow and profitability, showing who owes them money - and how much!. FreeAgent also has a personalised ‘Tax Timeline’ of upcoming deadlines and amounts due, as well as the functionality to easily file VAT, RTI payroll and - for sole traders and limited company directors - Self Assessment tax returns directly to HMRC. The vendor boasts around 100,000 customers currently using FreeAgent to manage their business accounts, with no confusing accounting jargon and with a team of support accountants on hand to help them stay on track.

Business impact
How does FreeAgent work?

Answer

FreeAgent uses electronic statement data to help you track money in and out of your business. It takes electronic statements in one of three forms: OFX (also called MS Money/Quickbooks), QIF and numerous CSV formats.
What is the meaning of free agency?

Answer

noun. a person who is self-determining and is not responsible for his or her acts to any authority. a professional athlete who is not under contract and is free to auction off his or her skills and sign a deal with the club that offers the most money. Derived forms. free agency or free agentry.
Is FreeAgent better than Xero?

Answer

An area where Xero is superior than FreeAgent is with it's reporting. FreeAgent has a typically more simplified experience than Xero which is sometimes a positive thing but for reporting Xero offers more powerful options which could be a deal breaker if you need this degree of reporting.
What is NatWest FreeAgent?

Answer

FreeAgent is award-winning* accounting software used by over 100,000 small businesses to monitor cashflow, shoot off invoices and record costs. If you're a NatWest business current account holder, you can receive the complete version for free, as long as you retain your bank account.
Need to migrate?
Launch your customized ecommerce storefront for free today.
Free lifetime updates
Free lifetime updates
  • Open source design system
  • Automated feature upgrades
  • Templates
  • Security updates
Infrastructure and security
Infrastructure and security
  • SSL everywhere
  • Automated backups
  • Log scanning and alerts
  • 24/7 monitoring