Automatically add interest or late fee added to your invoices
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 Latechaser)
Get paid on time, every time
Customers using Latechaser are getting paid 40% quicker than before. Latechaser is the easiest way to automatically generate late payment penalties on your Xero invoices.
Set custom interest rates, flat late fees, grace periods, and white-listed contacts (that don’t get pinged) your late fee and interest management has never been easier to run.
Only 2 minutes to setup, works in the background
With your one-click Xero login, you can quickly import your existing invoices, setup your penalty and start applying interest and late fees to overdue invoices within 2 minutes.
Bottom line: Latechaser is the easiest and automated way to add interest and late fees for your overdue Xero invoices.
Latechaser + 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 Latechaser to Xero Latechaser will detect and import your invoices and apply your penalty settings and filters against them. When invoices go overdue, and match your settings - Latechaser will create a penalty, either as a line item on your existing invoice that is overdue. Or issue a new invoice inside of Xero. Latechaser 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).
Latechaser is the easiest way to manage your interest or late fee penalties. Once your customers have paid, Late Chaser will detect and update their status. You can also cancel or void penalties on customers inside of Late Chaser. Manually updating invoices for interest or late fee penalties is time consuming and error prone. Put your time and dollars to better use. Try Late Chaser for free (no credit card) today at latechaser.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! Latechaser 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.