Accounts receivable software in Ireland: 6 compared (2026)

What does Irish law let you charge on a late invoice?

Irish law lets a business creditor charge statutory interest at the ECB main refinancing rate plus 8 percentage points, plus fixed compensation of €40, €70 or €100 per late business-to-business invoice, under the European Communities (Late Payment in Commercial Transactions) Regulations 2012, S.I. No. 580 of 2012, with a 30-day default payment period.

• Statutory interest. The ECB main refinancing rate plus 8 percentage points, unless the contract agrees a different rate.
• Fixed compensation for recovery costs. €40 for a debt not exceeding €1,000, €70 for a debt over €1,000 and not exceeding €10,000, €100 for a debt over €10,000. Per invoice, on top of the interest.
• A default payment period. Thirty days, unless the contract states another.

The rate is not read from today's ECB figure. The regulations fix it twice a year: the ECB rate in force before 1 January applies from 1 January to 30 June, and the rate in force before 1 July applies from 1 July to 31 December.

The ECB's main refinancing rate was 2.40% with effect from 17 June 2026, so the Irish statutory rate for 1 July to 31 December 2026 is 10.40% a year.

On a €5,000 invoice, 10.40% is about €1.42 a day. Two months late is €85.48 in interest plus €70 in compensation. The calculator below does the arithmetic for any invoice, and our EU late payment directive calculator covers the other member states.

Whether you collect every cent of that is your call. The point of the charge is leverage: an invoice that accrues interest and compensation on the ledger moves up your customer's payment run. The same mechanism under UK law is covered in late payment fees in the UK.

Where do Xero's own reminders run out?

Xero's own reminders run out at the fifth email: Xero sends up to five reminders on one organisation-wide schedule, statements go out by hand, and nothing native applies the 10.40% or the €40 to €100. The by-hand parts are what stop holding as the list grows.

Each of the four native tools does one job, and each stops in the same place.

• Aged Receivables report. Tells you who is late and by how long. It does not act on any of it.
• Invoice reminders. Five emails on a single schedule for the whole Xero organisation, fired at every invoice marked as sent. The same sequence for your best customer and your worst payer.
• Customer statements. Accurate, and sent by hand. There is no schedule, so somebody has to remember on the first of the month.
• Credit limits. A cap per contact that can block new invoices. There is no credit data behind it, so the number is a guess.

What none of them do: charge the 10.40%, add the €40 to €100, escalate to a named person, pause on a disputed invoice, or take payment on a plan. The Xero product idea Add interest to late invoices has been open since 29 March 2012, carries 1,114 votes with a status of Accepted, and Xero's latest reply, on 7 July 2025, said there were no committed plans.

Xero's own setup guide points readers at the Xero App Store once they need more than that.

Two signs you have hit the ceiling: the overdue list stops shrinking between runs, and someone is chasing by hand after the fifth reminder. At that point an app costs less than the hours it replaces.

What does an accounts receivable tool have to do?

An accounts receivable tool has to do four things: send from your own domain, write back to the ledger, run statements on a schedule and vary its rules by customer group. Automated reminders are the base. These four decide whether the rest works.

• Your domain in the From line. Reminders from a generic app address get ignored, and replies go somewhere nobody reads.
• Writes back to the ledger. A payment at 9am has to stop the 10am chase on its own.
• Statements on a schedule. A statement is what your customer's accounts payable team works from. Sending it by hand never survives a busy month.
• Rules that vary by customer. A retainer client and a 60-day account should not get the same email on the same day.

Those four make a tool usable. What makes it worth buying is everything Xero cannot do at all: posting the statutory interest and compensation to the ledger, taking payment on an instalment plan, escalating to a named person, pausing on a disputed invoice, and giving the customer a portal to settle in.

That is the dividing line in this category. A chasing tool sends better emails. An automation platform enforces the terms you already agreed, and the six below split between the two. Our own accounts receivable software page sets out the second kind in full.

Which accounts receivable software is right for your situation?

The right accounts receivable software is decided by your ledger, your invoice volume and whether the bottleneck is chasing, credit risk, cash application or collecting the payment itself. The six tools below are not competing for the same job, so start here rather than with the list.

If this is you	Start with
Larger business, happy to sign a longer contract, and you need credit checks as well as chasing
Enterprise B2B running many entities and wanting one system that does everything
Real invoice volume on Xero or QuickBooks Online, statements going out constantly, and you want the Irish rate applied per customer group
You want to finance an invoice as well as chase it
You want AI-driven order-to-cash, and matching payments is the real bottleneck
Collecting the payment itself is the problem, and you would rather pay per collection than a subscription

How was this list put together?

This list places each tool against the job it does best, rather than scoring it out of ten. A €700k contractor and a €40m distributor are buying different products, so a single winner would be wrong for most readers.

1. The turnover the pricing is really built for, read from the vendor's own tier structure rather than their marketing.
2. The one capability the tool leads on, whether that is credit data, analytics, cash application, payment rails or enforcement.
3. Whether it can apply the Irish statutory rate and compensation, and how: per customer, as one global rule, or not at all.
4. Ratings weighted by review count, using the Xero App Store first because those reviewers are verified Xero users.
5. What it does not do. Every entry carries a limitation, including ours.

Prices are shown in the currency each vendor publishes. Prices change; verify current pricing before you buy.

Chaser

If you are a larger business and credit checks matter as much as chasing

Chaser is credit control software with credit checks built in, best for businesses past £4m turnover, from £199 a month. Founded in 2014, it is the most established suite here, with pricing tiers built for businesses well past the typical Xero small business.

• Fits: £4m to £100m turnover in practice. The £199 entry tier caps at £4m, and the tiers that unlock the useful limits are £599 and £899 a month
• Regions: UK founded and UK led, sold internationally. Credit checks on Irish companies cost the same credit as UK ones
• Entry cost: £199 a month to £4m turnover, £599 to £10m, £899 to £100m (Chaser's pricing page; its help centre has said £200m), priced on company revenue rather than invoice volume
• Rated: 4.98/5 from 374 Xero App Store reviews, the deepest review base in the category
• Runs on: Xero, QuickBooks, Sage 50, 200 and Intacct, NetSuite, Dynamics 365, SAP
• Statutory late fees: yes, as a configured rate. Four calculation types, so 10.40% can be entered as a daily or annual percentage, but one global rule that cannot vary by customer group, and fees do not apply to payment-plan or partially-paid invoices
• The one thing it does best: credit checking and monitoring, payer ratings and a late-payment predictor, sold as metered credits alongside the chasing

The limitation. It is the oldest product on this list and it shows in how little bends. The late fee rule is global. Statements go monthly on a fixed day, with recipients and senders you cannot change. Payment plan chasing follows the invoice due date rather than the instalment dates, which their own documentation tells you to work around by hand.

Pricing on company revenue is the other thing to model carefully. A low-volume, high-value business can land on a £599 tier for a handful of invoices a month.

Best for: businesses past £4m that want credit data and chasing in one product and can absorb a rigid configuration.

Upflow

If you are an enterprise B2B running many entities

Upflow is enterprise accounts receivable software, best for large B2B finance teams running many entities; price on request. It is one system covering collections, analytics and payments, rather than a chasing tool with reporting attached.

• Fits: large B2B and SaaS businesses, tiered by annual gross invoice value from US$10m upwards, and comfortable at multi-entity scale
• Regions: US and Europe, founded in Paris, headquartered in New York
• Entry cost: quote only on all five tiers (Starter, Grow, Scale, Accelerate, Entreprise), with unlimited seats. The pricing page's structured data lists Starter at US$333 and Grow at US$833 a month, and the last published list prices were US$440 and US$880
• Rated: 4.8/5 from 233 G2 reviews
• Runs on: Xero, QuickBooks, NetSuite, Sage Intacct, Stripe Billing, Chargebee, Zuora
• Statutory late fees: no native calculation. Fees are applied on the ERP side
• The one thing it does best: breadth at enterprise scale, with collection analytics and payer behaviour reporting deep enough to take to a board

The limitation. No late fees, no payment plans beyond promise-to-pay, and pricing has moved entirely to contact-sales, which usually signals a move upmarket. Automatic actions fire once a day on business days only.

Best for: enterprise B2B teams with several entities who want one platform rather than a chasing tool plus three add-ons. For the two-way comparison, see Chaser vs Upflow.

Paidnice

If you send a lot of invoices and statements, and you live in Xero or QuickBooks Online

Paidnice is accounts receivable software for Ireland that applies the 10.40% statutory rate and compensation automatically, running on Xero or QuickBooks from EUR 59 a month. It automates invoice reminders by email and SMS from your own domain, scheduled statements, late fees and interest, payment plans, a customer payment portal and escalation, in one plan, and it is the value option when you are sending a lot of invoices and statements.

Paidnice is best for Xero and QuickBooks Online businesses in Ireland that want the statutory interest and compensation applied automatically alongside reminders and statements.

• On Xero: see how Paidnice runs accounts receivable for Xero
• Fits: any size up to US$50m a year, or 50,000 invoices a year, on Xero or QuickBooks Online, priced on invoice volume rather than company revenue
• Regions: priced in euro; sold in the UK, Australia, New Zealand, the US, Canada and South Africa
• Entry cost: EUR 59 a month for 150 invoices (US$69), Pro from EUR 85. No per-seat fees, unlimited users on Pro, month to month with no contracts
• Rated: 5/5 from 83 Xero App Store reviews; 4.9/5 on Capterra
• Awards: winner, New Zealand Small Business App of the Year, Xero Global App Awards 2026; 2025 Xero Global Small Business App of the Year 🏆
• Runs on: built natively on Xero and QuickBooks Online, plus Stripe, Pinch, HubSpot, Pipedrive and Zapier
• Statutory late fees: yes, as a configured rate. Flat, percentage or compounding interest, set per customer group, so 10.40% goes in as the annual rate and the €40, €70 or €100 compensation goes on as a fixed line item. The charge is posted to the ledger as an invoice, Draft or Approved
• The one thing it does best: volume at the entry price. Scheduled statements with 30/60/90 ageing, reminders, fees, payment plans, escalation and a portal are all in the base product

The limitation. Credit checks run through Creditsafe on the Custom plan only. On Essentials and Pro there is no bureau data, no risk score and no monitoring feed, so vetting new accounts otherwise has to happen somewhere else. The Irish rate is a setting you enter, and you update it yourself on 1 January and 1 July. Native support is Xero and QuickBooks Online only; other ledgers are a Custom-plan conversation.

Being built for two ledgers rather than eight is the trade. It is why the integration goes deeper than a sync, and why a Sage or NetSuite business should look elsewhere on this list. Customers cut their average wait for payment in half, within 30 days.

Best for: Xero and QuickBooks Online businesses pushing real invoice and statement volume that want the whole receivables process, statutory charges included, in one plan.

Satago

If you want invoice finance alongside the chasing

Satago is chasing software with credit reports and single-invoice finance in the same subscription, best for UK businesses on Sage 50 or Xero, from £45 a month. Half accounts receivable software and half lender, it is strongest inside the Sage 50 ecosystem, where it is bundled cheaply.

• Fits: UK businesses, particularly those already on Sage 50
• Regions: UK only
• Entry cost: £45 a month standalone, rising to £80 and £200; £25 a month embedded in Sage 50
• Rated: 4.93/5 from 92 Xero App Store reviews in the UK
• Runs on: Xero, Sage, Sage 50, QuickBooks, KashFlow, FreeAgent
• Statutory late fees: not published. Nothing in the public materials states whether an Irish or any statutory rate can be applied
• The one thing it does best: credit reports and suggested limits alongside chasing, plus finance against single invoices when cash is tight

The limitation. Roughly half the product serves the lending side, so a business that only wants chasing pays for a finance product it may never use. UK only, so an Irish business should confirm availability and euro invoicing before a demo.

Best for: UK businesses that want to vet customers, chase them and fund the invoice in one place.

Kolleno

If you want AI-driven order-to-cash

Kolleno is an AI order-to-cash platform, best for larger finance teams whose bottleneck is matching payments, from US$650 per user a month. Chasing is one module beside reconciliation, remittance parsing and credit risk.

• Fits: finance teams above roughly US$1m turnover, priced per user
• Regions: London headquartered, sold internationally. The pricing page shows euro prices to some visitors; the figures here are the published US dollar ones
• Entry cost: US$650 per user a month, US$545 annually, rising to US$1,245
• Rated: 4.9/5 from 99 G2 reviews
• Runs on: Xero, QuickBooks Online, NetSuite, SAP, Sage Intacct, Dynamics 365, Workday, Oracle
• Statutory late fees: not published. Kolleno has no feature page or help article on interest or late fees
• The one thing it does best: cash application: bank file formats, remittance parsing and multi-currency reconciliation

The limitation. Per-user pricing punishes the setup that works best, which is several named senders escalating an invoice as it ages. No late fee automation found, and the product has moved upmarket from small business credit control.

Best for: larger finance teams whose real problem is matching payments, not sending reminders.

Adfin

If collecting the payment is the problem and you would rather pay per collection

Adfin is a UK payment collection platform with credit control attached, best for businesses whose customers agree to pay but do not, with no subscription and a fee on each successful collection. Pay-by-bank, direct debit and cards run on one rail, reminders go by email, WhatsApp and SMS, and AI agents propose the next action for you to approve.

• Fits: small and scaling UK businesses, and accountancy practices running credit control for clients
• Regions: UK, on UK payment rails
• Entry cost: no subscription. 20p plus 1.0% per successful collection, capped at £4 for direct debit and bank transfer, with surcharges for premium cards and phone payments. Late fees are on an Enhanced tier at a further 0.3%
• Rated: 5.0/5 from 6 Xero App Store reviews in the UK; 4.4/5 from 12 on Trustpilot
• Runs on: Xero, QuickBooks
• Statutory late fees: yes on the Enhanced tier, applied after a grace period, but documented for the UK statutory rate only. You receive the interest and Adfin receives the fixed compensation. Whether the Irish rate can be set is not published
• The one thing it does best: payment collection, with direct debit retry, automatic card fallback and reconciliation back to the ledger the moment money lands

The limitation. Pricing has grown since the flat 1% at launch in July 2024. Adfin has added a fixed fee, card surcharges, a branding fee and a paid tier for late fees. Reporting is a dashboard rather than a suite, there are no credit checks, and the compensation split means the €40 to €100 would not be yours.

Best for: UK businesses whose customers agree to pay but whose payments do not arrive, and who want the rails and the chasing from one vendor.

How do the 6 accounts receivable tools for Ireland compare?

The six tools compare on entry price, the size of business each fits, the ledgers it runs on, what it is best for, and whether it can apply the Irish statutory rate. The statutory column is the one to read first: it separates a tool that sends better emails from a platform that enforces the terms the law already gives you.

Row order follows the list above, not a ranking. A cell reads "not published" where the vendor documents nothing either way, rather than where a capability is known to be absent. "As a configured rate" means you enter 10.40% yourself; no tool here reads the Irish reference-date rate for you.

The last column is the one worth a second look. Applying the rate is half the job. The other half is where the charge lands: an interest invoice posted into Xero or QuickBooks reaches your customer's accounts payable and their payment run, and a figure on a dashboard does not.

How much interest and compensation are you owed?

On a €5,000 invoice paid 60 days after its due date, at the 10.40% rate for 1 July to 31 December 2026, the interest is €85.48 and the compensation €70, so €155.48 is owed on top of the invoice. Interest is €5,000 × 10.40% × 60 ÷ 365, which is €85.48. The debt is over €1,000 and not over €10,000, so compensation is €70. The total owed on top of the invoice is €155.48.

Put your own figures in below. The rate defaults to 10.40%, the figure for the 1 July to 31 December 2026 reference period from S.I. No. 580 of 2012 and the ECB key interest rates table. Change it if the invoice fell due in a different half year, or if your contract sets another rate.

Whether that interest should compound is a separate question, covered in compound or simple interest on overdue invoices. The regulations give you the simple figure above as a floor.

How do you choose accounts receivable software by size and situation?

Choose accounts receivable software by answering two questions: how big the ledger is, and what the actual problem is. Most shortlists collapse at that point. Five common situations and where they land.

For the native-versus-app decision on its own, see Xero invoice reminders vs a credit control app: what changes.

What should you check beyond the feature list?

Six questions separate accounts receivable tools in a demo: who updates the Irish rate on 1 January, where the fee lands, how the tool sends as you, whether the price is on invoices or turnover, whether rules vary by customer group, and whether one disputed invoice can be excluded. None of them appear on a pricing page, and feature grids look identical because every vendor writes to the same checklist.

1. Can it hold the Irish rate, and who updates it? Ask what happens on 1 January 2027 when the reference rate changes, and who enters the new figure.
2. Where does the fee land? A late fee only creates leverage once it is a posted invoice, because that is what enters your customer's accounts payable and their payment run.
3. How does it authenticate to send as you? Some apps sign into one person's mailbox and relay through it, which borrows that account's daily send limit and puts chasing bounces on the mailbox your team uses all day. Authenticating your domain avoids both.
4. Is the price on invoices or on turnover? Revenue-based pricing means a low-volume, high-value business pays enterprise money for a small problem.
5. Can you vary rules by customer group, or is there one global setting? Retainer clients and 60-day accounts should not get the same treatment.
6. Can you exclude a single disputed invoice without switching the whole customer out of automation?

Not sure which one fits?

Most of this decision comes down to two questions: how much of the process you want automated, and what your ledger looks like. If you have read this far and still cannot tell, ask us.

We would rather point you at the right tool than sell you the wrong one. Three of the six above do things Paidnice does not, and we will tell you when one of them is the better answer.

Common questions

What is the late payment interest rate in Ireland?
The ECB main refinancing rate plus 8 percentage points, under S.I. No. 580 of 2012. For 1 July to 31 December 2026 that is 10.40% a year, because the ECB rate in force before 1 July was 2.40%. The rate resets on 1 January and 1 July, and the ECB's later moves do not change it between those dates.

Can I charge compensation on a late invoice in Ireland?
Yes, on a business-to-business invoice. The regulations give you a fixed €40 for a debt up to €1,000, €70 for a debt over €1,000 up to €10,000, and €100 for a debt over €10,000, per debt, in addition to the interest. No contract clause is needed, although stating it on your terms makes it easier to enforce.

Which accounts receivable tools work with Xero in Ireland?
All six here list a Xero integration. Paidnice is priced in euro and built natively for Xero and QuickBooks Online. Chaser, Kolleno and Upflow sell internationally. Satago and Adfin are UK products, so confirm Irish availability and euro invoicing before a demo.

What is the most popular accounts receivable software?
By verified review count on the Xero App Store, Chaser has the deepest base at 374 reviews. Popularity is a poor guide to fit, though: the right tool depends on your ledger, your invoice volume and whether you need credit data, statutory charges or cash application.

What is the most popular accounting software in Ireland?
Sage, Xero and QuickBooks Online are the common small business ledgers in Ireland, and there is no reliable published share figure between them. All six tools here run on Xero and QuickBooks Online. Sage is the Irish ledger the list covers least: Chaser, Satago, Upflow and Kolleno each connect to the Sage products they list, and Paidnice and Adfin do not connect to Sage.

What is the best software for accounts payable and receivable?
None of the six tools here handles payables. They automate the receivable side only: reminders, statements, interest, plans and escalation. A business that wants payables and receivables in the same seat should start with its own ledger's payables features, then add a receivable app on top.

What is the best accounting software for accounts receivable?
Xero and QuickBooks Online both handle invoicing, basic reminders and an aged receivables report well. Neither applies statutory interest, schedules statements or escalates an invoice. That is the layer an accounts receivable app adds on top.

Is there any free software for accounts receivable?
Not meaningfully. Xero's own reminders, statements and credit limits come with your subscription and are enough for a short overdue list. Beyond that the category is paid, though some tools offer a free tier or a free action period rather than a time-limited trial.

Can AI do accounts receivable?
Parts of it. Kolleno and Upflow use AI for cash application and payer risk, Adfin's agents propose the next chasing action for approval, and Paidnice has an AI Credit Controller in beta that reads replies and drafts responses with a human approving before anything sends. The statutory rate and the compensation ladder are rules, and a rule engine applies them without AI.

Does the 10.40% rate apply to consumer invoices?
No. S.I. No. 580 of 2012 covers commercial transactions between businesses, and between businesses and public authorities. Invoices to consumers fall outside it, and any charge there rests on your contract and consumer law.

Written by

Denym Bird

Co-founder & CEO of Paidnice

Denym is a software entrepreneur and writes about accounts receivables management for small business.

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