Get paid on time, every time with Paidnice
Never let another invoice go unpaid again. Slow and non-payment of your invoices is hurting your business.
Paidnice makes your invoices work harder, with configurable, and automated late fees, prompt payment discounts and invoice reminders.
Encourage on-time payment from your customers, while also preserving strong relationships with personalised, targeted and 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, and issue your customers a late fee or an interest charge.
For invoices with partial payments, Paidnice can issue interest only on the amount outstanding.
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, and resent to your customers from your own email domain, with a custom branded email and SMS.
Automated prompt or early payment discounts
Incentivise customers to pay faster and reward their promptness.
Create prompt payment discounts that are automatically added to your invoices, and sent to your customers. Discounts are automatically removed from the invoice when the discount period has expired.
Flexible email & SMS Invoice Reminders
Create automated and customizable email and SMS reminders about upcoming interest charges, overdue invoices, and available discounts.
Full Customization: Tailor Incentives and Penalties to Your Needs
Customer groups make it easy to have granular control over which customers have different types of fees, interest and reminders - or should receive none at all.
Set custom interest rates, late fees, grace periods, and white-listed contacts, ensuring a seamless invoicing experience that aligns with your business values.
Auto-Send Customer Statements: Simplify Your Aged Debt Management
Automatically send weekly or monthly customer account statements, to customers with an outstanding or overdue balance
Issue interest charges on accounts
On a weekly, or monthly schedule, automatically apply a detailed interest charge to a customers account.
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)
The Bottom Line: Paidnice gives you one less thing to worry about (getting paid quicker)
Paidnice is the friendly, and powerful 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 or customer accounts. As well as add the ability to send branded custom email & SMS reminders, auto statements and prompt payment discounts.
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. Alternatively we can issue a new invoice for the penalty. Paidnice can 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).
If opting for statement interest, Paidnice will calculate the interest at a per invoice level to ensure an accurate penalty before issuing the fee as a consolidated invoice, at a weekly or monthly schedule of your choosing.
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.
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 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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Perfect for my needs
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Really positive first two months
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Fantastic extension to xero!
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