For financial services firms on Xero or QuickBooks Online, Paidnice chases every unpaid advice fee and broker invoice, takes the payment and adds the late fee 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 pays at each client, 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 interest on the overdue balance recalculated at send. A family group with several entities 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 clients settle an advice fee, a broker fee and a project invoice together on your own branded portal.
"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 client group, so retainer clients stay exempt. In the UK, FCA COBS 6.1A.22R allows an adviser charge payable over time only for an ongoing service the retail client can cancel without penalty.
"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 for the adviser or your office, with the client'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 proposal or practice software. It picks up what has already reached your accounts. It works alongside Ignition on Xero or QuickBooks Online and Karbon on Xero, or any practice system that posts invoices into your ledger.
Your proposal or practice software
It lands here
Paidnice chases from here
It’s the debt collection system I’ve been looking for, for the last 15 years.
Financial services firms use Paidnice for the fees they invoice: ongoing advice fees, broker fees and project fees billed to clients. Paidnice chases the fees and invoices a firm raises in Xero or QuickBooks Online, not client money, investments or loan books.
Financial advisers and brokers can usually charge a late fee or interest when the client agreement or engagement letter says so. 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 and country, so check what your agreement and your regulator allow, and set the rate to match.
Financial services firms that invoice from Ignition or Karbon change nothing. Ignition creates the invoice in Xero or QuickBooks Online and Karbon in Xero, and Paidnice reads it from the ledger. Both tools are built mainly for accounting and professional services practices; firms billing from another system get the same chasing.
Financial services firms often bill one family across a holding company, a trust and an operating business. Paidnice rolls those into one consolidated parent statement: every entity, every open invoice, and the interest on the overdue balance, in one file emailed to the person who pays. The client reconciles one document, and your office sends none of them by hand.
Financial services firms live on long client relationships, so you set a different policy for each group. Retainer clients might get a gentle reminder and a monthly statement, while one-off clients get the full ladder up to a call task. Every email comes from your own domain, so it reads as your office following procedure.
Financial services firms 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 financial services firms
No credit card. Your first 20 actions are free.
