Statey alternatives for Xero statements: what a switch costs

Contents

Statey is a Xero plugin that sends customer statements and nothing more. It does not chase the balance it shows you and it raises no charge on it, which is when people start shopping.

Alternatives to Statey for Xero fall into three groups: Xero's own manual statements, a statement tool with chasing built on, or a credit control tool that charges interest on the balance.

Statey is a Xero-only plugin and statements are the whole product. It adds age analysis with four calculation methods, automated send schedules, delivery tracking and customisable 30, 60 and 90 day buckets to a Xero customer statement. It is billed per Xero organisation per month across three tiers, and it is rated 4.6 from 10 reviews on the Xero App Store.

Statey does not chase, and it does not raise a charge. There are no reminders, no late fees, no interest and no payment link, so nothing on the statement asks for the money. Xero's own statements are manual: you generate a batch and email it yourself, with no schedule and no age analysis.

Key takeaways
  • Statey is billed per Xero organisation. Four organisations is four subscriptions, and that is the line most Statey comparisons leave out.
  • Statey publishes three tiers, listed at 10, 25 and 50 per organisation a month. The watermark comes off at the middle tier, not the top one. The currency is not marked on Statey's own pricing page.
  • Paidnice is not gated by turnover at all. The plan follows how many invoices you send, so growing your revenue does not move you onto a different tier.
  • Statey gives you 32 days free with no card. Paidnice has no trial and does have a free action period: the first 20 actions, no time limit, no card.
  • Paidnice recalculates accrued interest at the moment the statement sends, so the balance your customer opens is right that morning.
  • If a statement is the whole job, stay on Statey. It is cheaper and it configures the statement more deeply than we do.

What Statey does to a Xero statement, and what it does not do

Statey adds age analysis, send schedules and delivery tracking to a Xero customer statement. It does not chase the balance or charge interest on it.

Statey's own description is narrow on purpose: age analysis, automated sending schedules and delivery tracking on your Xero customer statements, with 30, 60 and 90 day buckets you set yourself. The age analysis has four calculation methods, pairing invoice date or due date with calendar months or exact days, which is more control than most full receivables suites offer.

What is missing is everything after the send. No reminder sequence, no escalation, no late fee, no interest, no payment link on the statement. The customer receives an accurate picture of what they owe, with no request for payment attached. Our guide to adding 30, 60 and 90 day ageing to Xero statements covers the same job from the other side.

Statey alternatives for Xero, and who each one is for

Two options sit around Statey: Xero's own manual statements, and Paidnice for statements that carry interest and post it to the ledger.

S

Statey, if you stay

The incumbent, and the right answer for a real segment. Three developers in Wellington, on the Xero App Store since May 2022, doing one job.

  • Best for: a business that wants an accurate, well-aged statement out on a schedule and intends to do the chasing itself.
  • Key difference: the deepest statement configuration in the Xero ecosystem, and nothing beyond the send.
  • Pricing: three tiers, listed at 10, 25 and 50 per Xero organisation a month. Currency is not marked on the pricing page. Checked August 2026.

The limitation, Statey. It will not chase, escalate or raise a charge, so the statement informs and never collects. Billing is per Xero organisation, so a bookkeeper on four files pays four times. Xero only, with no QuickBooks option.

X

Xero's own customer statements

The do-nothing baseline, and worth pricing honestly before you buy anything. It costs nothing extra and it is already in the ledger you use.

  • Best for: a small ledger where a statement goes out occasionally and somebody remembers to send it.
  • Key difference: Xero generates the statement, and every part of sending it is manual.
  • Pricing: included in your Xero subscription.

Xero can produce a statement and email it to a batch of customers. It cannot repeat that on a schedule, filter to only the customers who owe you, target a customer group, or skip weekends, and it carries no age-analysis breakdown.

The request to auto-email statements was posted to Xero's product ideas board on 13 November 2015 and held 1,163 votes as at 20 August 2026, with the status "In discovery". Xero's community manager Kelly Munro replied on 5 August 2026 that discovery is continuing.

The limitation, Xero on its own. Everything below generating the PDF is manual and all-or-nothing, every month. There is no schedule, no ageing table and no way to send only to the customers who owe you.

C

Paidnice

Accounts receivable automation that enforces your payment terms, on Xero and QuickBooks Online, for businesses turning over $1m to $20m a year. Priced fairly, with no contracts or lock-ins.

  • Best for: a business whose statements are accurate and ignored, and that wants the balance to carry interest and a named sender.
  • Key difference: interest charged against the whole overdue balance, recalculated at the moment the statement sends, posted to the Xero or QuickBooks ledger.
  • Pricing: $69 / £49 a month on Essentials for 150 invoices and 2 users, up to $799 / £599 on Pro 4,000. Full ladder below, as at August 2026.

The limitation, Paidnice. If a statement is the whole job, this is the wrong buy. Statey's entry tier is cheaper, it gives you a choice of four age-analysis calculation methods where Paidnice gives you the buckets and one model, and it includes unlimited users on every tier where Essentials includes two. Xero and QuickBooks Online only.

Statey alternatives compared: what each one charges for

The column that decides this is the denominator. Statey charges per Xero organisation, and Paidnice charges by invoice volume, so the bill follows what you send rather than how many files you keep.

Decision factStateyXero built-inPaidnice
Priced byPer Xero organisationIncluded in XeroInvoice volume
Reason to choose itCheapest, and the deepest statement configurationFree, and enough for a light ledgerInterest and fees raised on the ledger
From, a month10 (currency unmarked)No extra cost$69 / £49
Four Xero organisationsFour subscriptionsIncludedOne plan plus add-on
Revenue fitAnyAny$1m to $20m a year
Age analysis you control Safe Four methods None Safe Your buckets
Automated send schedule Safe None Safe
Chases overdue invoices None⚠️ Caution One schedule Safe
Interest on the statement balance None None Safe Recalculated at send
Late fee per overdue invoice None None Safe Per group
How you try it32 days free, no cardAlready in XeroFirst 20 actions free, no card

If you only want the statementStay on Statey. Four age-analysis methods, per-group schedules, delivery statistics and unlimited users, from a lower entry price than anything else here. Budget it per Xero organisation.

If you send a batch a few times a yearStay on Xero. Nothing extra to pay, and the manual batch is bearable at low volume. Revisit when you notice you have skipped a month.

If you need credit checks or a collections pathwayNeither Statey nor Paidnice carries a credit bureau feed. That is a separate purchase, and it is the one job on this page neither tool does.

If accurate statements get ignoredLook at Paidnice. Interest against the overdue balance, recalculated at send and raised on the Xero or QuickBooks ledger, from $69 a month (£49).

Consolidation, senders, users and ratings

Four facts that decide a shortlist rather than a purchase: whose statement consolidates a parent and its children, who escalates to a named sender, how many users you get and how each one is rated.

Decision factStateyXero built-inPaidnice
Consolidated parent and child None⚠️ Not published Safe
Escalates to a named sender None None Safe Sender profiles
Users includedUnlimited, every tierYour Xero users2, then unlimited
Rated4.6 from 10, Xero App StoreNot applicable5.0 from 82, Xero App Store
Safe

The vendor documents the capability and it holds at volume without a workaround.

Caution

It works, and it degrades. Xero's own reminders run one schedule at organisation level against every invoice marked as sent.

None

The capability is absent from the vendor's documented feature list. Statey states that it does statements and nothing further.

Not published

The vendor documents nothing either way, so we have assumed nothing. A statement-level interest charge appears nowhere in its materials.

Prices, ratings and capabilities checked against vendor materials and the Xero App Store in August 2026. Verify current pricing with each vendor before you budget.

What Statey costs when you run four Xero organisations

Statey's middle tier across four Xero organisations is four subscriptions, not one. That is the figure most comparisons leave out.

Statey publishes three tiers and bills each one per Xero organisation per month. Starter is listed at 10 and gives you age analysis, delivery statistics, the Don't Send list and unlimited users. Standard is listed at 25 and is where the Statey watermark comes off, along with the Excel download, multi-currency and Smart Recipients Lists. Pro is listed at 50 and adds multiple schedules and a custom sending domain.

Two things follow from the denominator. A bookkeeper running four client files on Standard pays four subscriptions, not one, so four times the tier price. And the watermark comes off at the middle tier, so a comparison that names only the top tier overstates what removing it costs.

The currency is the open question, and it is worth naming. Statey's own pricing page marks no currency, and Statey is a New Zealand company. Third-party comparisons publish pound figures for the entry and top tiers and skip the middle one, which is how a three-tier product gets described as two.

Take the tier structure and the per-organisation denominator as the reliable part. Open Statey's checkout in your own market and read the number off it before you budget.

Paidnice uses a different denominator again: invoice volume, so seats and the number of Xero organisations do not move the bill, and turnover decides which band you may buy. Paidnice counts invoices, with a multi-entity add-on at $29 / £19 an entity for groups running several Xero organisations. Running one process across several files is covered in credit control across multiple Xero companies.

The full Paidnice price ladder, as at August 2026

PlanInvoices a monthUSDGBP
Essentials150, 2 users$69£49
Pro 300300$99£74
Pro 600600$179£129
Pro 1,0001,000$279£199
Pro 4,0004,000$799£599
Custom, fromAbove 4,000$999£749
Multi-entity add-onPer entity$29£19

Every currency is a hard-coded local price, never a conversion. Pro tiers between 1,000 and 4,000 invoices sit on the pricing page. Prices as at August 2026.

What you give up when you leave Statey

Statey configures a statement more deeply than most full receivables suites bother to, and a switcher loses several of those controls. Here is the list, from Statey's own documented feature set.

  • Four age-analysis calculation methods. Invoice date or due date, paired with calendar months or exact days. Most tools give you one model and let you move the bucket boundaries.
  • Smart Recipients Lists. A send list built from a Xero contact list plus filters, on the middle tier and up.
  • Delivery statistics. A record of who received a statement and who did not, which is a genuinely useful thing to have when a customer says it never arrived.
  • Excel download of the statement, alongside the PDF, from the middle tier.
  • Unlimited users on every tier, including the cheapest one.
  • A custom sending domain on the top tier, set up with Statey's support team.

Two of those have direct equivalents elsewhere. Paidnice sends from your own authenticated domain on Pro, verified once so any address on it works, and Pro includes unlimited users. The ageing methods and the Excel download have no equivalent. If either one decides your month, staying on Statey is the right call.

What Paidnice puts on a statement that Statey does not

Paidnice charges interest against the whole overdue balance, recalculates it at the moment the statement sends, and consolidates parent and child accounts onto one statement.

Statement interest is a charge against the customer, not the invoice. A late fee attaches to one overdue invoice. A statement interest charge runs against everything a customer owes, which is the number the statement is already showing them. Adjust for Credit calculates it on the net balance when the customer is holding a credit note.

It recalculates at send. Accrued interest is recomputed at the point the statement goes out rather than fixed at the last policy run, so the figure your customer opens is accurate that morning. The manual alternative is an interest invoice raised once and stale inside a week.

A customer statement listing three invoices totalling 10,000 pounds, a highlighted line reading interest accrued to today of 312 pounds 33, a total now due of 10,312 pounds 33, and a sender bar naming Sarah Doyle in credit control with her reply-to address
Accrued interest recalculated at the moment the statement sends, and the sender profile the reply goes back to.

The UK rate stays right on its own. A Bank of England base rate toggle applies the correct base rate for each period an invoice spans, and the statutory rate is fixed in six-month blocks, so the charge does not need a manual edit each time the rate moves. Compounding is a toggle, on by default. More on the mechanics in auto-sending statements with calculated interest.

The charge lands on the ledger. It is raised in Xero or QuickBooks Online as Draft or Approved, your choice, with its own description and income account. Only a posted invoice enters your customer's payables system and their payment run, which is where the charge gains its leverage.

Sender profiles move the escalation up a level. Each policy gets its own From name, From address and Reply-To, so accounts@ handles the due date, a named credit controller takes over at 7 to 14 days, and a director signs the message at 21 days and on late fees. Where the charge belongs in that sequence is covered in our dunning process guide.

Paidnice insightPaidnice launched in 2022 to generate late fees, so charging is the original job rather than a module added later. Policies sit under customer groups, so one group can run base rate plus a percentage while another runs a flat fee and a third runs nothing.

How to try Statey and Paidnice before you pay

Statey gives you 32 days free with no card. Paidnice has no trial and does have a free action period: the first 20 actions, no time limit, no card.

Statey. A 32-day free trial with no credit card, taken from the Xero App Store listing or the Statey site. That is long enough to send a full monthly cycle and see who actually opened it.

Paidnice. Signing up is free and the first 20 actions are free, with no time limit and no credit card. Nothing expires while you are still deciding, and no demo is needed, so you can point it at your own overdue ledger and watch what a statement with interest on it does to one real customer.

Xero on its own. Already in your subscription. Send one statement batch by hand this month and time it, so you have a real number to compare the paid options against.

How to choose between Statey, Xero on its own, and Paidnice

Stay on Statey if a statement is the whole job. Use Xero on its own if you will send them by hand. Move to Paidnice if the statement needs to charge.

$1 billion collected on time across more than 1 million invoices since 2022.
Winner, New Zealand Small Business App of the Year, Xero Global App Awards 2026.
5.0 from 82 reviews on the Xero App Store, verified 20 August 2026.

If the shortlist is wider than these three, the whole Xero field is in credit control software for Xero, and what the category has to cover is on our credit control software page. For the charge itself, read how much you can charge for late fees and, for UK debts, late payment fees in the UK.

Questions people ask about Statey alternatives

Seven questions decide this switch: what Statey chases, what several Xero organisations cost, what Xero can do alone, who gets the send, and whether a statement can carry a charge.

Does Statey chase invoices?

No. Statey sends customer statements with age analysis, delivery tracking and a send schedule, and stops there. It has no reminder sequence, no escalation, no late fee and no interest, so the statement reports the balance without asking for it. Chasing needs a second tool, or a different one.

What is the difference between a statement tool and a credit control tool?

A statement tool sends the balance and stops. A credit control tool chases it, escalates it and can charge interest on it. Statey is the first. Paidnice is the second, are the second, which is why they cost more.

How much is Statey for multiple Xero organisations?

Statey is billed per Xero organisation per month, so the bill multiplies by the number of files you run. Four organisations on the middle tier is four subscriptions, not one, so four times the tier price. The three tiers are listed at 10, 25 and 50, with no currency marked on Statey's own pricing page as at August 2026.

Can Xero send customer statements automatically?

No. Xero can generate a statement and email it to a batch of customers, and it cannot put that on a schedule, filter to only the customers who owe you, target a customer group or skip weekends. The request to auto-email statements was posted to Xero's product ideas board on 13 November 2015, held 1,163 votes as at 20 August 2026 and sits at "In discovery".

Can I send Xero statements only to overdue customers?

Not in Xero. The statement run goes to the batch you pick and cannot filter to the customers who owe you. Statey's Smart Recipients Lists build that filter from the middle tier up, and Paidnice sends per customer group.

How do I try a Xero statement add-on before paying?

Statey publishes a 32-day free trial with no credit card. Paidnice has no free trial and does have a free action period: signing up is free, the first 20 actions are free, there is no time limit and no card. Xero's own statements need no trial, because they are already in the subscription you pay for.

Can you add late fees or interest to a Xero statement?

Not in Xero, and not in Statey. Paidnice charges interest against the whole overdue balance on the statement, recalculated at the moment it sends, and raises the charge in Xero or QuickBooks Online as a Draft or Approved invoice with its own income account. A separate invoice late fee can run per overdue invoice at the same time.

Denym Bird

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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ACAcme Joinery 12 days overdue Checking policy Late fee applied Awaiting payment $4,120 $4,202
BRBrightwork Due today Reminder sent Still unpaid Final notice $1,880
CVCoverdale Due in 3 days Reminder sent Checking policy Exempt from fees Needs review Sent to your team $6,480

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