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 + 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
After your one-click setup with your Xero login, in 2 minutes you’ll
Setup your late payment penalty, either a flat late fee or an interest rate on all your overdue invoices. Setup your account mapping for your late fee or interest income to go into. Setup any white-listed contacts that you don’t want any penalties issued too, along with a grace period for those that you do (# of days past due before issuing a penalty, if any) Import existing invoices, or wait! Paidnice will detect overdue invoices and automatically apply your penalty settings above onto your invoice and notify your customers of any overdue penalties that have been issued.
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