Integrations roundup: Mimo, Datamolino, Xama and Turbo Inventory
We’re always on the quest to make your digital life easier! Over the last few months, we’ve added four new integration partners to our growing list. Say hello to Mimo, Datamolino, Xama and Turbo Inventory.
Save time and money with Mimo
Connecting Mimo to FreeAgent can save your clients time and money by providing one tool to manage global payments, cashflow and financing.
With Mimo, your clients can pay suppliers in batches with a single click, saving up to one day a week with fast invoice payments. They can also pay suppliers up to 60 days later, and in any currency, effortlessly reducing working capital needs.
They can also control cashflow with Mimo’s built-in credit line and simplify approval flows by setting up roles to collaborate across finance teams, accountants or bookkeepers. Mimo auto-reconciles all payments with FreeAgent to ensure your clients stay up to date.
Additionally, clients can run payroll for free and pay their team in a single click.
Automate data entry with Datamolino
Datamolino is your clients’ automation hub for data entry into FreeAgent. It can handle data entry of purchase invoices and receipts, sales invoices (issued in a third-party system) and even bank statements.
Your clients will no longer need to chase paperwork. Everything can flow easily into their Datamolino folders. They can snap receipts with the Datamolino mobile app, automatically forward their emails, or scan paper-based invoices and upload them through the Datamolino web application. Clients can simply collect, automate and focus on running their business.
Streamline AML compliance with Xama
A fundamental aspect of AML compliance is maintaining a thorough understanding of your clients and continuously monitoring for any changes in their financial circumstances that could alter their money laundering risk profile.
With Xama, you can seamlessly connect to your clients’ accounting ledger, pulling profit and loss as well as balance sheet data directly into your AML records. This will enable straightforward comparisons with prior financial performance and ensure this information is automatically logged as part of client risk assessments.
Improved and automated documentation of your clients’ financial status streamlines the risk assessment process, enhancing both its efficiency and effectiveness. This approach will allow you to demonstrate compliance and reduce risk across your firm with no additional effort.
Business processes made simple with Turbo Inventory
Connecting Turbo Inventory with FreeAgent can streamline your clients’ entire business process by bridging the gap between inventory management and accounting. This seamless connection will ensure that every transaction, from stock purchases to sales, is automatically reflected in their financial records, reducing the need for manual data entry and minimising costly errors. With real-time updates, your clients will always have an accurate picture of both their inventory levels and financial health.
Ultimately, combining Turbo Inventory with FreeAgent will simplify your clients’ workflow, enhance decision-making, save valuable time and empower them to focus on growing their business rather than getting bogged down in administrative tasks.
And more are coming soon…
We’re on a roll! Coming soon to your tech stack are Jenesys and Powdr. These upcoming integrations aim to save time and automate more of your practice’s tasks, so you can focus on what matters most. Watch this space for launch announcements!
Check out our directory for a complete list of all FreeAgent integrations.