You’re on the United States site

Paidnice

By Paidnice
5 out of 5 stars
Automated Late Fees, Interest, Prompt Payment Discounts, Custom Email & SMS Reminders. Auto-send Statements & Interest on Aged Debt.

Overview

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
Play Video
, opens in a dialog

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

Reviews & ratings

5.0 out of 5 stars
18 Reviews

Sort and filter

Most recent reviews

WQ
Will Qu
Posted 28 Nov 2023
5 out of 5 stars

Perfect for my needs

We've been getting paid much faster and more often since using Paidnice. The Paidnice team is very responsive, has excellent communication, and is open to suggestions for improving their app. I love the automatic discounts, late fees, and email/SMS reminders.

Response from Paidnice

Thanks Will! Getting paid faster is the best possible feedback on Paidnice's value. Your compliments on our support responsiveness and openness to feedback are much appreciated as well. Please continue sending product ideas our way, as we aim to help the world get paid quicker! Cheers, Denym
MC
Mike Collis
Posted 2 Nov 2023
5 out of 5 stars

Really positive first two months

The onboarding from the PaidNice team was smooth, and the team have been very responsive to our requests. We tested with a small group of clients and a minor GST issue with an international client was very quickly sorted when I was pointed in the direction of the correct tax setting.

Response from Paidnice

Mike, thank you for the fantastic 5-star review! We are so pleased to hear that the onboarding went smoothly and that we were able to quickly resolve the minor GST issue you run into. Glad to hear its having a huge impact on your business after two months!! Cheers, Denym
EC
Eliza Cumberland
Posted 30 Oct 2023
5 out of 5 stars

Fantastic extension to xero!

Not only is the software fantastic but the customer service is above and beyond! I was looking for a specific feature that I couldn't see offered and the team reached out to me and implemented a solution within a week! Highly recommend

Response from Paidnice

Thanks a million for the phenomenal review! We really value feedback from awesome customers like yourself on how we can enhance Xero, so we're pumped we could deliver that custom feature you needed. Cheers, 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

Functions

Debtor trackingInvoicing and jobs

Industries

Professional servicesAccountingConstruction and trades

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

Follow

TwitterFacebookLinkedIn

Get started with Paidnice

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.