---
title: "Accounts receivable software in Ireland: 6 compared (2026)"
description: "Accounts receivable software in Ireland applies the statutory interest and compensation Xero's reminders do not. Six apps compared for 2026."
url: https://www.paidnice.com/blog/accounts-receivable-software-ireland
---

# Accounts receivable software in Ireland: 6 compared (2026)

Written by

Denym Bird
Personally tested

Co-founder & CEO of Paidnice

Denym compared six accounts receivable tools for Irish businesses, weighing each vendor's tier structure and whether it can apply the 10.40% statutory interest and the €40 to €100 compensation.

Reviewed by Ashley Schroder

Co-founder of Paidnice

Updated Nov 6, 2026 · 22 min

## Summary

Accounts receivable software in Ireland applies the statutory interest and compensation that Xero's own reminders do not calculate: the ECB rate plus 8 percentage points, 10.40% a year for 1 July to 31 December 2026, plus €40 to €100 per late invoice. The right fit depends on invoice volume and whether you need statements, SMS or fee automation alongside email.

- **Paidnice:** Best for Xero and QuickBooks Online businesses in Ireland that want the 10.40% statutory interest and the €40 to €100 compensation applied per customer group alongside reminders and statements, from EUR 59 a month.
- **Chaser:** Best for businesses past £4m turnover that want bureau credit checks beside chasing, from £599 a month.
- **Upflow:** Best for enterprise B2B finance teams running many entities. Upflow's last published prices were US$440 a month for Grow and US$880 for Scale; current prices are hidden and must be requested.
- **Kolleno:** Best for larger finance teams whose bottleneck is matching payments. Kolleno matches payments to invoices (auto-reconciliation) on Enterprise only, by quote; plans at US$650 per user a month do not include it.
- **Satago:** Best for UK businesses on Sage 50 or Xero that want credit reports and invoice finance with the chasing, from £45 a month.

## 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](https://www.irishstatutebook.ie/eli/2012/si/580/made/en/print), 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.

![Three ascending steps showing Irish fixed compensation: 40 euro for debts up to 1,000 euro, 70 euro for debts over 1,000 up to 10,000 euro, 100 euro for debts over 10,000 euro](https://www.paidnice.com/images/blog/accounts-receivable-software-ireland-compensation.svg)

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](https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html) 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**.

💡 Paidnice insight

The ECB moved its main refinancing rate to 2.65% with effect from 16 September 2026. That does not change the Irish statutory rate. The next reference date is 1 January 2027, so 10.40% stands until then. A tool that reads the ECB rate live, rather than on the reference date, will overcharge by a quarter of a point for the rest of the 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](#calculator) does the arithmetic for any invoice, and our [EU late payment directive calculator](https://www.paidnice.com/calculators/eu-late-payment-directive) 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](https://www.paidnice.com/blog/late-payment-fees-uk).

Free: Payment reminder email templatesCopy the reminder emails for before, on and after the due date.

## 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 manually, and nothing native applies the 10.40% or the €40 to €100. The manual 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 manually. 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](https://productideas.xero.com/forums/967115-invoices-quotes/suggestions/44960305-sales-invoices-add-interest-to-late-invoices-in) has been open since 29 March 2012, carries 1,118 votes, and Xero's latest reply, on 7 July 2025, said there were no committed plans.

[Xero's own setup guide](https://central.xero.com/s/article/Set-up-invoice-reminders) 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 manually after the fifth reminder. At that point an app costs less than the hours it replaces.

**Pick a tool that runs reminders and applies late fees.** Businesses that run reminders and late fees together have a DSO of about 27 days. With no automation switched on, DSO is about 39 days.
Original dataSource: our analysis of invoice data from over 1,000 Paidnice customers. See how to reduce DSO, measured.

## 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 manually 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 [Paidnice product page for Xero and QuickBooks](https://www.paidnice.com/accounts-receivable-software) 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 bureau 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?

We weighed five criteria when choosing these tools. Four match a column of the table below, reviews come from the linked pages, and the weights add up to 100%. The order then follows the job each tool does best, because a €700k contractor and a €40m distributor are buying different products.

- **Irish statutory rate and compensation (25%):** each vendor's help docs, on whether the tool can apply the 10.40% interest and the €40 to €100 compensation, and how: per customer, as one global rule, or not at all.
- **Ledger and size fit (25%):** each vendor's integration pages and tier structure, read rather than taken from the marketing.
- **What it does best (20%):** each vendor's help docs and product pages, whether that is credit data, analytics, cash application, payment rails or enforcement. We count shipped features only.
- **Price (15%):** each vendor's own pricing materials, in the currency the vendor publishes. Prices a vendor does not publish are given as last published, with a note that current prices must be requested. Prices change; verify before you buy.
- **Reviews (15%):** the Xero App Store first, then G2, weighted by review count: [Chaser](https://apps.xero.com/uk/app/chaser/reviews), [Paidnice](https://apps.xero.com/uk/app/paidnice/reviews), [Satago](https://apps.xero.com/uk/app/satago/reviews), [Upflow](https://www.g2.com/products/upflow-upflow/reviews) and [Kolleno](https://www.g2.com/products/kolleno/reviews). Adfin quotes its own listing in its entry.

Every entry, Paidnice included, lists its limit. The weights are our editorial judgment.

## 1. Paidnice, best for the Irish statutory rate

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, and it is the value option when you are sending a lot of invoices and statements. Payment plans and sending from your own domain start on Pro.

![Paidnice homepage](https://www.paidnice.com/images/blog/shots/paidnice-home.webp)
On Xerosee how Paidnice runs accounts receivable for XeroFitsany 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 revenueRegionspriced in euro; sold in the UK, Australia, New Zealand, the US, Canada and South AfricaEntry costEUR 59 a month for 150 invoices (US$69), Pro from EUR 85, where payment plans and sending from your own domain start. No per-seat fees, unlimited users on Pro, month to month with no contractsRated5/5 from 84 Xero App Store reviews; 4.9/5 on CapterraAwardsXero Global Small Business App of the Year 2025 and NZ Small Business App of the Year 2026 🏆Runs onbuilt natively on Xero and QuickBooks Online, plus Stripe, Pinch, HubSpot, Pipedrive and ZapierStatutory late feesyes, 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 ApprovedThe one thing it does bestvolume at the entry price. Scheduled statements with 30/60/90 ageing, reminders, fees, escalation and a portal are all in the base product; payment plans start on Pro

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

Being built for two ledgers rather than eight is the trade. It is why the integration goes deeper than a sync. NetSuite, Sage Intacct, Sage Accounting and other ERPs connect on the Custom plan. Paidnice does not connect to Sage 50 or Sage 200. Customers see half as many late invoices in the first 30 days.

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

**The limit:** Paidnice runs native credit checks from each customer's payment behaviour on every plan; Creditsafe bureau checks through the API are on the Custom plan only. On Essentials and Pro there is no bureau data and no monitoring feed, so vetting a brand-new account with no history has to happen somewhere else. The Irish rate is a setting you enter, and you update it yourself on 1 January and 1 July. Xero and QuickBooks Online on every plan. Newer ledgers such as Rillet, Campfire, Digits, DualEntry, Puzzle, Accounting Seed and Odoo are available on every plan through Paidnice's closed testing program. Sage Accounting and other ERPs connect on the Custom plan.

## 2. Chaser, best for credit checks with chasing

Chaser is credit control software with credit checks built in, best for businesses past £4m turnover, from £599 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.

![Chaser homepage](https://www.paidnice.com/images/blog/shots/chaser-home.webp)
Fits£4m to £100m turnover in practice. Compact (£199 a month) is for revenue under £4m, Core (£599) starts at £4m and Complete (£899) runs to £100mRegionsUK founded and UK led, sold internationally. Credit checks on Irish companies cost the same credit as UK onesEntry cost£199 a month for revenue under £4m, £599 under £10m, £899 to £100m (Chaser's pricing page), priced on company revenue rather than invoice volumeRated4.98/5 from 374 Xero App Store reviews, the deepest review base in the categoryRuns onXero, QuickBooks, Sage 50, 200 and Intacct, NetSuite, Dynamics 365, SAPStatutory late feesyes, as a configured rate. Four calculation types, so 10.40% can be entered as a daily or annual percentage, but one set of late-fee rules, across the account or for selected debtors and not tied to schedules, with no documented way to run different rules per group, and fees do not apply to payment-plan or partially-paid invoicesThe one thing it does bestcredit checking, monitoring and payer ratings, sold as metered credits on any plan alongside the chasing; credit checks need Chaser billing, not Xero App Store billing, and monitoring is not offered in Australia

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

**The limit:** Chaser was incorporated in 2013 (Companies House), and its configuration is rigid. The late-fee rules are not tied to schedules, and there is no documented way to run different rules per group. 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 manually.

## 3. Upflow, best for multi-entity enterprise B2B

[Upflow](https://www.paidnice.com/upflow-alternative) is enterprise accounts receivable software, best for large B2B finance teams running many entities; last published prices were US$440 a month for Grow and US$880 for Scale, current prices hidden and must be requested. It is one system covering collections, analytics and payments, rather than a chasing tool with reporting attached.

![Upflow homepage](https://www.paidnice.com/images/blog/shots/upflow-home.webp)
Fitslarge B2B and SaaS businesses, tiered by annual invoiced revenue, from up to US$10m on Starter to over US$100m, and comfortable at multi-entity scaleRegionsUS and Europe, founded in Paris, headquartered in New YorkEntry costquote only on all five tiers (Starter, Grow, Scale, Accelerate, Enterprise), with unlimited seats. The pricing page's structured data lists Starter at US$333 and Grow at US$833, with no billing period, and the last published list prices were US$440 and US$880. Upflow takes payments through its optional Payments add-on: US$390 a month platform fee, 3.5% + US$0.30 per card payment, 0.8% capped at US$5 for ACHRated4.8/5 from 235 G2 reviewsRuns onXero, QuickBooks, NetSuite, Sage Intacct, Stripe Billing, Chargebee, ZuoraStatutory late feesno native calculation. Fees are applied on the ERP sideThe one thing it does bestbreadth at enterprise scale, with collection analytics and payer behaviour reporting deep enough to take to a board

For the two-way comparison, see [Chaser vs Upflow](https://www.paidnice.com/blog/chaser-vs-upflow).

**Best suited for:** Enterprise B2B teams with several entities who want one platform rather than a chasing tool plus three add-ons.

**The limit:** 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.

## 4. Satago, best for invoice finance with 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.

![Satago homepage](https://www.paidnice.com/images/blog/shots/satago-home.webp)
FitsUK businesses, particularly those already on Sage 50RegionsUK onlyEntry costfrom £45 a month (£25 inside Sage 50), rising to £80 and £200Rated4.93/5 from 92 Xero App Store reviews in the UKRuns onXero, Sage, Sage 50, QuickBooks, KashFlow, FreeAgentStatutory late feesoptional, calculated in line with statutory limits and added to payment reminders once an invoice is overdue. Nothing in the public materials states whether the Irish rate can be appliedThe one thing it does bestcredit reports and suggested limits alongside chasing, plus finance against single invoices when cash is tight

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

**The limit:** 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.

## 5. Kolleno, best for AI order-to-cash

Kolleno is an AI order-to-cash platform, best for larger finance teams whose bottleneck is matching payments, which Kolleno does on Enterprise only, by quote; plans at US$650 per user a month do not include auto-reconciliation. Chasing is one module beside reconciliation, remittance parsing and credit risk.

![Kolleno homepage](https://www.paidnice.com/images/blog/shots/kolleno-home.webp)
Fitsfinance teams of any size, priced per user, with plans set by turnover band (under £1M up to above £1Bn)RegionsLondon headquartered, sold internationally. The pricing page shows euro prices to some visitors; the figures here are the published US dollar onesEntry costUS$650 per user a month, US$545 annually, rising to US$1,245. Auto-reconciliation starts on Enterprise, which is quoted. Default 24-month term, renews for 12 months, 90 days' notice, fees non-refundableRated4.9/5 from 117 G2 reviewsRuns onXero, QuickBooks Online, NetSuite, SAP, Sage Intacct, Business Central, Workday, OracleStatutory late feesnot published. Kolleno has no feature page or help article on interest or late feesThe one thing it does bestcash application: bank file formats, remittance parsing and multi-currency reconciliation

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

**The limit:** 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.

## 6. Adfin, best for paying 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. Since September 2026 its credit control also works without Adfin payments.

![Adfin homepage](https://www.paidnice.com/images/blog/shots/adfin-home.webp)
Fitssmall and scaling UK businesses, and accountancy practices running credit control for clientsRegionsUK, on UK payment railsEntry costno 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%Rated5.0/5 from 6 Xero App Store reviews in the UK; 4.4/5 from 29 on TrustpilotRuns onXero, QuickBooksStatutory late feesyes 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 publishedThe one thing it does bestpayment collection, with direct debit retry, automatic card fallback and reconciliation back to the ledger the moment money lands

**Best suited 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.

**The limit:** 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.

## 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.

| Tool | Price from | Size fit | Ledger | Best for | Applies the Irish statutory rate |
| --- | --- | --- | --- | --- | --- |
| Chaser | £199/mo | £4m to £100m | Xero, QuickBooks, Sage, NetSuite, Dynamics 365, SAP | Email and SMS chasing with credit checks | One set of rules |
| Upflow | Grow US$440 / Scale US$880 a month (last published), current prices hidden, must be requested | Large B2B, by invoice value | Xero, QuickBooks, NetSuite, Sage Intacct | Multi-entity chasing and collection analytics, with a Cash Application Agent on Accelerate | No |
| Paidnice | EUR 59/mo | Any size up to US$50m a year, or 50,000 invoices a year | Xero, QuickBooks Online | Chasing, statements, statutory fees and a portal from Essentials; payment plans on Pro | Yes, as a configured rate |
| Satago | £45/mo (£25 inside Sage 50) | UK small business | Xero, Sage 50, QuickBooks, KashFlow, FreeAgent | Bureau credit checks and invoice finance with the chasing | Not published |
| Kolleno | US$650 per user/mo | Turnover bands from under £1M | Xero, QuickBooks Online, NetSuite, SAP, Sage Intacct, Business Central | Cash application and credit risk | Not published |
| Adfin | 20p + 1% per collection | UK, small to scaling | Xero, QuickBooks | Payment collection with chasing attached | UK rate only |

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](https://www.irishstatutebook.ie/eli/2012/si/580/made/en/print) and the [ECB key interest rates table](https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html). Change it if the invoice fell due in a different half year, or if your contract sets another rate.

Invoice amount (€)
Due date
Paid date, or today
Annual rate (%)

Days late60
Interest per day€1.42
Interest to date€85.48
Compensation€70.00
Total owed€155.48

Simple interest, actual days, 365-day year. Compensation follows the Schedule to Regulation 9: €40 up to €1,000, €70 over €1,000 up to €10,000, €100 over €10,000. A guide, not legal advice.

Whether that interest should compound is a separate question, covered in [compound or simple interest on overdue invoices](https://www.paidnice.com/blog/compound-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.

| Your situation | What to look at |
| --- | --- |
| Under €500k, fewer than 25 invoices a month | Automated reminders and a scheduled monthly statement run are a complete use case on their own. Put the 10.40% and the compensation on your terms of trade now so the right is on paper when you need it. Fees and interest can come later. |
| Real invoice volume on Xero or QuickBooks Online, statements going out weekly or monthly | Look for scheduled statements, statutory interest and plans in the base product rather than as paid add-ons. |
| Extending trade credit to accounts you cannot vet | Bureau data on a new account. Paidnice runs native credit checks from payment behaviour on every plan; bureau checks need its Custom plan or a bureau-led tool. |
| Several entities, and a board asking about DSO every month | An enterprise platform with multi-entity reporting, not a chasing tool with a dashboard bolted on. |
| Payments arrive but nobody can match them | Cash application and reconciliation. Your problem is not chasing, and a chasing tool will not fix it. |

For the native-versus-app decision on its own, see [Xero invoice reminders vs a credit control app: what changes](https://www.paidnice.com/blog/xero-reminders-vs-credit-control-app).

## 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?

💡 Paidnice insight

The question that changes the most demos is the second one. Ask the vendor to raise the statutory interest on a real overdue invoice during the call, then show you that charge sitting in Xero as an approved invoice against the customer. Plenty of tools show a fee on a dashboard. Fewer show one on the ledger, and only the ledger version reaches your customer's payment run.

## 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.

- **[Book a call](https://www.paidnice.com/book-a-demo)** and we will look at your overdue list with you, then say which of these is the right fit.
- **[Start a free Paidnice account](https://www.paidnice.com/sign-up)** if you want to try it against your own ledger first. The first 20 actions are free, no card, and it connects to Xero or QuickBooks Online in a couple of minutes.

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 each card says what; for reminders, statements, late fees and payment plans, consider Paidnice first.

## 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 bureau 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, Paidnice connects to Sage Accounting on the Custom plan but not to Sage 50 or Sage 200, and Adfin does 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 (Upflow's Cash Application Agent is on Accelerate) and payer risk, Adfin's agents propose the next chasing action for approval, and Paidnice uses AI to read replies and draft responses, with a person approving each reply before it 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.

## Paidnice features in this article

- [**Late fees and interest** Adds late fees and interest to overdue invoices when you turn them on.](https://www.paidnice.com/late-fees)
- [**Customer statements** Sends branded customer statements on your schedule, with one button to pay.](https://www.paidnice.com/automated-customer-statements)
- [**Escalations** Hands a call, a credit stop or a letter to the right person when reminders do not work.](https://www.paidnice.com/escalations)

## About the editorial team

Written by Denym Bird Co-founder & CEO of Paidnice

Denym started Paidnice in 2022 after customers paying late left his own business short on payroll. He has led it to $1 billion collected on time across more than 1 million invoices, and writes about credit control, late fees and getting paid on Xero and QuickBooks.

Reviewed by Ashley Schroder Co-founder of Paidnice

Ashley is a co-founder and lead developer of Paidnice and has built accounting software for more than 10 years. He builds the ledger connections that put reminders, late fees and payments into Xero, QuickBooks and ERPs such as NetSuite and Business Central. Before Paidnice he co-founded A2X, ecommerce accounting software for Xero and QuickBooks.

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