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Paidnice

By Paidnice
5 out of 5 stars
Add Late Fees & Prompt Payment Discounts to your Xero Invoices. Easy, Automated and Effortless to setup.

Overview

Automatically add interest or late fee added to your invoices

Paidnice (prev. Latechaser) will automatically detect when Xero invoices go overdue, and issue your customers a penalty, either a late fee or an interest charge, and either add this to your existing invoice as a line item, or issue a new invoice as a penalty.

Interest or late fees are sent directly to the customer (via email from Paidnice)

Effortlessly apply late fees or interest charges to overdue invoices, sending a gentle nudge to customers while improving your cash flow.

Reward Prompt Payments: Boost Customer Loyalty

Offer attractive prompt payment discounts to incentivize your customers to pay their invoices on time, strengthening your relationships and increasing customer satisfaction.

Get paid quicker, while preserving positive customer relationships

Friendly, automated reminders that you control, that encourage timely payments and foster positive customer relationships.

Flexible Reminders: Keep Your Business Front and Center

Schedule polite, customizable reminders to keep your customers informed about upcoming payments, overdue invoices, and available discounts – all without lifting a finger.

Full Customization: Tailor Incentives and Penalties to Your Needs

Set custom interest rates, late fees, grace periods, and white-listed contacts, ensuring a seamless invoicing experience that aligns with your business values.

Scalable Solutions: Manage Custom Groups for Late Fees and Discounts

Easily create and manage custom groups for applying late fees and discounts, allowing you to adapt and scale your business effortlessly.

Quick 2-Minute Setup: Save Time and Start Improving Cash Flow

With our one-click Xero integration, you'll be up and running in just 2 minutes – importing invoices, configuring settings, and automating your account receivables.

The Bottom Line: Unlock the Full Potential of Your Invoicing

Paidnice is the friendly accounts receivable automation solution for small to medium sized businesses. Encourage timely payments, automate your invoicing process, and foster positive customer relationships – all while improving your cash flow. Get paid nicely today.

Paidnice
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Paidnice + Xero

Adds the capability to your Xero account so that you can add interest and late fees to all of your invoices.

How does it work? Securely connect Paidnice to Xero Paidnice will detect and import your invoices and apply your penalty settings and filters against them. When invoices go overdue, and match your settings - Paidnice will create a penalty, either as a line item on your existing invoice that is overdue. Or issue a new invoice inside of Xero. Paidnice will notify your customer (and you) via email with the penalty. Including a link to the updated invoice, or the newly issued penalty invoice for them to pay (if this setting is active).

Paidnice is the easiest way to manage your interest or late fee penalties. Once your customers have paid, Paidnice will detect and update their status. You can also cancel or void penalties on customers inside of Paidnice. Manually updating invoices for interest or late fee penalties is time consuming and error prone. Put your time and dollars to better use. Try Paidnice for free (no credit card) today at paidnice.com/sign-up

Reviews & ratings

5.0 out of 5 stars
7 Reviews
5 star(100%)
4 star(0%)
3 star(0%)
2 star(0%)
1 star(0%)
SB
Scott Bonanno
Posted
5 out of 5 stars

Great app!

An excellent app that's easy to set up and well-integrated with Xero. Does what it says and the support has been great too.
SE
Stacey Eunjin Kim
Posted
5 out of 5 stars

It works

Was not sure if it would work but it works! No one would like to pay late fee on top of their invoice. It seems the late payment penalty made our customer wake, hope it would work forever.

Response from Paidnice

Thank you so much for taking the time to leave us a review. We're thrilled to hear that it's working effectively for you and helping you keep those late payments in check. We understand the importance of timely payments for businesses, and we're glad that Paidnice is (nicely) motivating your customers to prioritize their invoices.
AG
Amanda Guevares
Posted
5 out of 5 stars

User Intuitive Platform

Latechaser has made our interest fee process super easy. We were able to create a policy and easily apply it to a desired group. Works perfectly!

Response from Paidnice

We are thrilled to hear that you find our platform intuitive and that it has made your interest fee process easier. Our goal is to help businesses get paid quicker, and it's great to hear that Latechaser is achieving that for you. If you have any questions or suggestions in the future, please don't hesitate to reach out. Best regards, Denym

Additional info

Shared data

Xero
Paidnice
Invoicesshared from Xero to Paidnice and from Paidnice to Xero
Tracking Categoriesshared from Xero to Paidnice
Contactsshared from Xero to Paidnice

App details

By Paidnice
Added in 2021

Countries

Australia, Canada, Global, Hong Kong, Indonesia, Ireland, Malaysia, New Zealand, Philippines, Singapore, South Africa, United Kingdom, United States

Languages

English

Support

Setup walkthroughContact supporthello@paidnice.com

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Although Xero reviews each app in the Xero App Store, we can’t give any guarantees. It’s up to you to assess the performance, quality and suitability of any app before going ahead.