Mazuma to Partner with Software Giant FreshBooks

  • Accounting
  • 22.10.2020 04:10 pm

The UK’s leading online accountancy firm for small and micro businesses Mazuma has been chosen to join forces with the FreshBooks, the number 2 small business invoicing and accounting software in America, with paying customers in 100+ countries.

Mazuma has a proven track record of being tech-focused and working with cutting-edge companies to provide unparalleled service to micro businesses.

That caught the eye of Toronto-based software company FreshBooks, which chose Mazuma to give its clients access to a range of online services which they can use to manage and grow their businesses.

The companies work well together thanks to a similar vision for how the latest technology can be used to transform business and simplify important processes for clients. 

From the estimate stage to managing projects, time tracking, invoicing, claiming expenses, reporting, and accounting, FreshBooks’ all-in-one invoicing and accounting software makes it a seamless process. It is also Making Tax Digital compliant, automates payment and helps cashflow with its Direct Debit function, and allows project collaboration.

FreshBookshas paying customers in over 100 countries, and its software is designed exclusively for freelancers and growing service-based business owners.

Mazuma co-founder Lucy Cohen said: “Knowing your numbers is so important in business. It’s the difference between making a profit or loss, between a business struggling or being able to grow and expand.

“This is a prestigious partnership and is excellent for our clients because using FreshBooks helps business owners enormously.

“It runs your invoicing and has auto reminders to nudge people into payment, has the facility for online credit card payments and bank transfers, and offers payment schedules for your clients to make partial payments against bigger invoices and help their cash flow.

“In the UK, it is also HMRC compatible and Making Tax Digital compliant, allowing you to create VAT returns and file them with HMRC.

“FreshBooks also offers Direct Debit, where clients can pay by bank transfer directly on invoices and the invoice is automatically marked as paid. This automates reconciliation.

“We chose this partnership with FreshBooks because of its status as a major global player in cloud accounting software and its excellent reputationin providing an easy to use platform for small business owners.

“FreshBooks carried out a customer survey with more than 2,000 respondents which showed their clients save 192 hours a year by using the software. That allows entrepreneurs to put more energy into serving their customers and finding new business, rather than chasing invoices or totting up mileage.

“Our clients now have the opportunity to join a community of 24 million people who have used FreshBooks, a company which has been recognised with ten Stevie awards for the best customer service in the world.”

The software also has:

  • Proposals and estimates – Where you can pitch to clients for work, estimate costs, and use e-signatures to approve it.
  • Client account statements – To keep clients in the loop about their payments and give them a transaction history.
  • Projects – Where you can collaborate on work with clients.
  • Due Dates – Where you can set the payment date.
  • Expense and mileage tracking – Organising receipts and logging trips.

"Based on their track record of providing seamless accounting services and their dedication to helping entrepreneurs flourish, partnering with Mazuma was an easy decision to make. FreshBooks is excited to support Mazuma as it continues to grow within the UK," said Matt Baker, SVP, Corporate Development & International for FreshBooks.

You can find out more about FreshBooks here. Read a case study from a writer who used FreshBooks to stay on top of her taxes here.

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