FreeAgent has introduced two new platform options and a partnership with AI fintech Jenesys, unveiled on the opening day of Accountex 2025 in London.
The brand new instruments — Administration Reviews and Discover & Repair — are designed to assist accountants streamline monetary reporting and cut back time spent on error correction. In parallel, FreeAgent has entered into an integration settlement with Jenesys to automate expense administration utilizing AI, permitting customers to ahead receipts and invoices through WhatsApp, e-mail or fetch expertise for processing.
Streamlining consumer reporting and corrections
The Administration Reviews function permits accountants to assemble and tailor monetary stories throughout shoppers, providing views by 12 months, quarter or month and enabling comparability throughout date ranges. Key paperwork together with revenue and loss, aged debtors and steadiness sheets are grouped into one bundle. Future updates will embody the power to annotate stories and export information into spreadsheets.
The Discover & Repair perform permits customers to edit as much as 100 data directly, together with transaction explanations and bills. Accountants can bulk-adjust VAT charges, accounting classes and descriptions with out resorting to journals or repeated guide enter. A built-in edit historical past supplies traceability throughout modifications.
“We’re very happy to convey these new options into FreeAgent, which we expect will convey vital time and effectivity advantages to our accountancy follow companions,” mentioned Stewart Hurd, Chief Gross sales Officer at FreeAgent.
“Even small bookkeeping errors can rapidly snowball… you desire a quick, easy approach to discover these errors and repair them, with out spending hours clicking into particular person entries or juggling journal entries.”
AI-driven expense integration with Jenesys
Additionally revealed on the present was a brand new integration with Jenesys, enabling FreeAgent customers to add receipts and invoices utilizing Jack — an AI-powered “clever bookkeeper” that extracts and categorises line-item entries into FreeAgent’s common ledger.
The AI system learns how accountants choose their bookkeeping to be dealt with, with the purpose of delivering constantly correct categorisation. In response to the businesses, the device is predicted to cut back administrative workload whereas giving accountants extra dependable expense information.
“We’re delighted to announce this new integration partnership with Jenesys, which can save accountants and their small enterprise shoppers much-needed time and stress,” mentioned Hurd.
“Jack is a groundbreaking AI device… small companies spend much less time having to cope with time-consuming, fiddly admin, whereas accountants could have extra correct information to analyse.”
Nicolai Thomson, CEO of Jenesys, added:
“By constructing AI that learns like people, capturing the distinctive context of every consumer, we’re empowering accountants to realize 10x productiveness as they put together for Making Tax Digital (MTD) with out sacrificing face time with every consumer.”
