For agricultural businesses on Xero or QuickBooks Online, Paidnice chases every invoice still open after harvest, takes the payment and adds the interest to the statement.
No credit card. Your first 20 actions are free.
Email and text reminders go out on the schedule you set, to the person who actually pays the bills at each merchant, processor or contracting customer, from your own domain.
"We deal mostly with large b2b where our invoices often go missing during the approval process. Paidnice automates our outreach and statements allowing us to be paid much faster."
Statements go out on the 1st with the finance charge on the past-due balance recalculated at send. A buyer with several farms or sites gets one consolidated statement.
"The time-consuming task of chasing debt and sending statements is now a thing of the past, as everything is handled automatically."
Every reminder and statement carries a pay button, and buyers find and pay a whole season of invoices on your own branded portal at once.
"Really saved us time in helping customers settle multiple part paid Xero invoices in a single Stripe payment."
Late fees, statement interest, or early payment discounts, set per customer group, so the co-op and your anchor processor stay exempt. US livestock buyers must pay the full purchase price before the close of the next business day after purchase and transfer of possession (7 U.S.C. 228b).
"We saw a great improvement in the average time to pay across all clients and the subscription cost is more than covered by the interest generated, so it pays for itself."
When reminders run out, it escalates to a call task or a credit hold, with the payer's balance, average days to pay, and rating attached.
"Paidnice has been exactly what we were looking for to help address the ongoing challenge of past-due invoices."
Paidnice does not raise invoices or replace your farm management software. It picks up what has already reached your accounts. It works alongside Figured on Xero, and with invoices raised directly in Xero or QuickBooks Online.
Your farm management software
It lands here
Paidnice chases from here
It’s the debt collection system I’ve been looking for, for the last 15 years.
Many agricultural businesses we work with keep the farm accounts in Figured, which posts transactions to Xero as invoices. Paidnice reads them from there. Nothing changes about how you record a sale, a delivery or a contracting job. If you invoice straight from Xero or QuickBooks Online, Paidnice picks those up the same way.
Agricultural suppliers' and contractors' terms often promise a finance charge on past-due balances that rarely gets applied once the season gets busy. Paidnice applies the rate you set, on the schedule you set, and shows the calculation on the statement. Rules on maximum rates vary by state, so check what your terms and your state allow, and set the rate to match.
Agricultural businesses often carry contractor and supplier accounts until the crop is sold, and that is a policy you can set. Give that customer group terms that fall due after harvest, with reminders that start then, while merchants and processors on 30-day terms get the standard schedule. Every account is chased on the terms you gave it.
Farm buyers query weights, grades and dockets, and one disputed invoice should not stall the whole account. Take that invoice out of the policy by its number and the rest of the account keeps its normal schedule: reminders, the statement, and the finance charge all carry on without the disputed line.
Agricultural income often rests on one or two buyers, so you set a different policy for them. The co-op or processor might get a gentle reminder and a monthly statement, while smaller accounts get the full ladder up to a credit hold. Every email comes from your own domain, so it reads as your office following procedure.
Agricultural businesses pay from US$69, £49 or A$99 a month on Essentials, priced by invoice volume, not revenue. There are no contracts, and your first 20 actions are free.
For agricultural businesses
No credit card. Your first 20 actions are free.
