Paidnice is accounts receivable automation software for businesses on Xero and QuickBooks Online.
Here is why we built it.
The idea was born out of our own frustration in previous businesses we ran: payments slowed down for all sorts of reasons. The biggest of which is that most accounting platforms are really great at doing the ledger, but not very good at doing the chase.
So we set out to build the system we needed. It sent every reminder on time, applied the late fees the terms already promised, and never forgot an invoice. The wait for payment halved. In 2022 that system became Paidnice.
This isn't new ground for us. We've worked on finance apps for many years, so we understand the problems behind late payments well.
We're on a mission to end late payments. Businesses on Xero and QuickBooks around the world run their receivables through Paidnice: reminders, late fees, interest, statements, payment plans and escalation. In their first 30 days, they see half as many late invoices.
Your payment terms are only words on a PDF until something enforces them. Paidnice brings them to life. We built it for ourselves first.
Six results customers get from Paidnice on Xero and QuickBooks.
Reminders read like a person wrote them, reach the right person at each customer, and stop when the invoice is paid.
Paidnice posts late fees and interest into Xero or QuickBooks, so a broken payment term has a cost.
Reminders link to a portal with your branding, where customers see what they owe and pay without a login or a phone call.
Paidnice reads each customer reply and drafts the next step for a person to approve or revise.
Overdue invoices become cases with a named owner and the full payment history.
Paidnice predicts when each invoice will be paid from how that customer actually pays you.
Some features are settings you switch on, and some need the Pro plan or above. See plans.
The businesses and teams that run their receivables through Paidnice.
Businesses on Xero and QuickBooks Online, from their first invoice up to $50m a year in revenue.
Teams that chase hundreds or thousands of invoices a month and want consistent rules for every customer group.
Firms that run credit control for their clients through the Paidnice partner program.
Companies on NetSuite, Sage Intacct, Dynamics 365 Business Central or cloud MYOB, on the Custom plan.
Our track record so far, from launch to today.
Built to apply the reminders and late fees that payment terms already promise, straight into the ledger.
Paidnice was one of the apps in the first pilot cohort.
Global winner, and winner in Australia.
Winner in New Zealand, our home market, and a finalist in the UK and the USA.
Within the first 60 days of using Paidnice, and with DSO 40% lower on average than when customers started.
Service, professional, wholesale and property businesses, big and small, run their accounts receivable on Paidnice every day.
The key facts about the company and the product.
Connect Xero or QuickBooks and Paidnice prepares draft policies for you. Nothing runs until you approve them.
App of the Year