Overview
Paidnice gives you one less thing to worry about (getting paid quicker) Paidnice is a full-featured accounts receivable automation solution for small to medium-sized businesses. Encourage timely payments, automate your invoicing process, & foster positive customer relationships – all while improving your cash flow
Easy to setup yourself, or we can help you do it on a quick 30 minute call
Key Features of Paidnice
- Automated Late Fees, Prompt Payment Discounts
- Auto-send Customer Statements
- Issue Statement Interest on aged debt
- Invoice Email & SMS Reminders
- BYO email sending domain
- Customer Segmentation (groups)
Paidnice + Xero
Get paid on time, every time Never let another invoice go unpaid again. Slow & non-payment of your invoices is hurting your business.
Make your invoices work harder, with configurable, & automated late fees, prompt payment discounts & invoice reminders. Encourage on-time payment from your customers, while also preserving strong relationships with personalised, targeted & reliable accounts receivable automation.
Automatically add interest or late fees to invoices & customer accounts (or issue a new interest invoice) Paidnice (prev. Latechaser) will automatically detect when Xero invoices go overdue, & issue your customers a late fee or an interest charge. For invoices with partial payments, Paidnice can issue interest only on the amount outstanding.
Issue interest charges on accounts On a weekly, or monthly schedule, automatically apply a detailed interest charge to a customer's account.
Interest or late fees are sent directly to the customer (via email or SMS) Interest charges can added automatically to existing invoices, or issued separately, & resent to your customers from your own email domain, with a custom-br&ed email & SMS.
Automated prompt or early payment discounts Incentivise customers to pay faster & reward their promptness. Discounts can be automatically added to your invoices, & sent to your customers. Discounts are automatically removed from the invoice when the discount period has expired.
Flexible email & SMS Invoice Reminders Create automated email & SMS reminders about upcoming interest charges, overdue invoices, & available discounts.
Full Customization Tailored Incentives & Penalties Customer groups give you granular control over which customers receive different types of fees, interest & reminders - or should receive none at all. Set custom interest rates, late fees, grace periods, & white-listed contacts, ensuring a seamless invoicing experience that aligns with your business values.
Auto-Send Customer Statements: Easy Aged Debt Management Automatically send weekly or monthly customer account statements, to customers with an outstanding or overdue balance.
On-demand Credit Reports Check your customers creditworthiness with on-dem& credit reports, complete with credit scores from Experian, Equifax, or Centrix.
Streamline collections with Automatic Escalation Workflows Auto-escalate overdue debt to a phone call, credit stop or legal letter. Customize how & when to escalate actions & sync to other tools via webhooks & trigger custom actions across platforms.
Getting started
Key Features of Paidnice
- Automated Late Fees, Interest, Prompt Payment Discounts
- Auto-send Customer Statements
- Issue Statement Interest on aged debt
- Invoice Email & SMS Reminders
- Send emails from your own domain
- Customer Segmentation (groups)
- Order Credit Reports
- Debt Escalation Workflows
After your one-click setup with your Xero login, in 2 minutes you’ll be able to:
- Pick a policy to setup, either a late fee (or interest), auto-statements, auto-discounts, email or SMS reminders.
- Select who gets these policies, and who doesn't (eg setup a bad-payers group and put them in it to recieve late fees)
- Run a test invoice through Xero to see how the actions look on your end, and to confirm you are happy with you account settings (you can also book a demo with us to help)
- Turn off your safe mode setting, and the automated rules will go live!
Nice, no you've got one less thing to worry about!
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Terrific Support and Design
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Amazing product and hands on service
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Great product with a very responsive team
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