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: Plendi and FreeAgent partner to save freelancers and small businesses time, money and tax
[April 13, 2011]

: Plendi and FreeAgent partner to save freelancers and small businesses time, money and tax


Apr 13, 2011 (M2 PRESSWIRE via COMTEX) -- Plendi, a Dublin-based mobile expense management company and FreeAgent, the award winning online accounting system for small businesses and freelancers, today announced a partnership.

"Everybody hates tracking and managing expenses. I talk to freelancers and small business owners every week who are overwhelmed with paperwork and losing money because of it. Together, Plendi and FreeAgent make it easy to track every expense and claim every VAT amount, no matter how small, so our customers can get out from under a mountain of paper and get back to building their businesses," said Fergal Murray, CEO of Plendi.



Plendi takes the pain out of tracking out-of-pocket expenses. Customers take a picture of their receipts using Plendis iPhone or Android app. Each receipt is transcribed by Plendis data entry staff, and the image and transaction data are permanently stored in an online receipt manager.

The partnership with FreeAgent means that the transaction data, including the date, vendor, net, VAT, and total, along with an image of the receipt are automagically recorded in the customers FreeAgent account. If the receipt is in a foreign currency, it is converted and recorded in the customers own currency in FreeAgent.


"As of today you can send your receipts to Plendi and see them appear automatically in FreeAgent. Theres no tedious data entry, and the receipt is stored securely as soon as you take the picture. You can still claim expenses from a client or deduct them from your tax bill even if you lose the paper receipt. Because Plendi works globally and converts currencies its a great expense tracking solution for our customers in the UK and all around the world." said Ed Molyneux, CEO of FreeAgent.

Florian Dargle, Investment Director of Silver Reel Partners and customer of both Plendi and FreeAgent said "FreeAgent makes accounting simple, and Plendi has been a godsend for getting a handle on my expenses. This integration boosts my productivity even further - its a bit of latterday magic, I think." Plendis basic service costs 39.95 per year and comes with a 30-day free trial. Plendi mobile apps are available for iPhone and Android. A BlackBerry app will be released soon. Find out more about the new integration at http://plendi.com/freeagent.

The Plendi iPhone app is available for download at http://itunes.apple.com/app/plendi/id398348806?mt=8 The Plendi Android app is available for download at https://market.android.com/details?id=com.plendi.android All FreeAgent accounts start with a 30-day free trial, and are charged on a monthly, pay-as-you-go basis starting from 15 per month. There's no commitment to sign up, and you can cancel at any time. To sign-up for a month's free trial and find out more about what FreeAgent can do visit www.freeagentcentral.com.

For further press information, photographs and high resolution mobile images please contact: For Plendi Sasha Wilson VP Marketing, Plendi Limited Phone: +353 86 770 1277 Email: [email protected] For FreeAgent Lucy Smith Hot Tin Roof Public Relations Phone: +44 (0)131 225 7880 Email: [email protected] About Plendi Plendi launched in 2010 and helps mobile professionals track their expenses with their mobile phone. Customers capture their receipts using Plendis mobile apps and they are transcribed by Plendis staff into an online receipt manager. The receipts can be exported to Excel, PDF or sent automatically to other web applications. Were based in Dublin, and were already helping people in over 20 countries.

About FreeAgent FreeAgent launched in 2007, hewn from the frustration that managing company finances just felt too hard for most small businesses and freelancers.

Since then weve doggedly stuck to our mantra of demystifying accounting and redefining the relationship people have with their finances. Weve won important awards over the years, but were most proud of the lovely things our users say about us, and the super smart and friendly team weve built.

As well as making accounting easy for business owners to understand, FreeAgent offers real-time projections of tax liabilities including VAT, Self Assessment Income Tax and Corporation Tax. Users can also analyse bank statements, see live profit and loss reports, send and track invoices, track time and expenses, and manage projects.

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