Invoiced, part of Flywire since 2024, is an invoice-to-cash platform for mid-market and enterprise finance teams. Paidnice is priced by invoice volume for Xero and QuickBooks. Here is how they compare, and which business each one fits.
Thirteen points that decide the fit, from price to payment plans.
ComparedInvoicedPaidnice
Fit and price
Best fitInvoicedMid-market and enterprise B2B finance teams, often multi-entity or international. No revenue or invoice floor stated.PaidniceAny size, from the first invoice up to $50m a year, or 50,000 invoices a year.
Priced onInvoicedPer user, on a custom quote.PaidniceInvoice volume, not revenue.
Price from (USD)InvoicedHiddenLast reported from about $299 a month. Now hidden, request a quote.Paidnice$69 a month for 150 invoices (Essentials). Pro from $99.
Ledgers and channels
Accounting systemsInvoicedNetSuite, Sage Intacct, Dynamics 365 and Workday native. QuickBooks, Xero and Salesforce standard. SAP, Epicor and Infor for enterprise.PaidniceXero and QuickBooks Online. NetSuite, Sage Intacct, Business Central and other cloud ERPs on the Custom plan. No desktop ledgers.
Reminder channelsInvoicedCollections workflows (Smart Chasing). Channels: not verifiable from public materials.PaidniceEmail and SMS, plus posted letters at $2.00 each.
Collections features
Late fees and interestInvoicedYesFlat or percentage fee with a grace period, added as a separate invoice line. Syncs to QuickBooks.PaidniceYesFlat fees, percentage or compounding interest by customer group, posted to Xero or QuickBooks. UK Bank of England base rate built in.
StatementsInvoicedNot verifiable from public materials.PaidniceYesAutomatic, on any weekly or monthly schedule, as PDF, Excel or CSV.
Payment plansInvoicedNot verifiable from public materials.PaidniceYesOn Pro and up. Customers can build their own plan in the portal.
Portal and paymentsInvoicedYesCustomer portal. Payment methods and fees: not verifiable from public materials.PaidniceYesBranded portal with no login. Card, ACH, BACS and direct debit through Stripe, plus Pinch and payment links.
Credit checksInvoicedCredit management is not listed among its modules.PaidniceCustom planCreditsafe checks on the Custom plan. Every customer also gets a credit score from their payment history with you.
Escalation and servicesInvoicedYesInvoicing, cash application (CashMatch AI), dispute management, cash flow forecasting and AI agents.PaidniceYesEscalation to a call, a stop on credit or a template legal letter, assigned to a person.
Getting started
Getting startedInvoicedCustom quote. No free trial listed on third-party review sites.PaidniceFree sign-up, first 20 actions free, no card. Setup takes under 15 minutes.
Contract termsInvoicedNot verifiable from public materials.PaidniceMonth to month, no contracts.
Prices in USD. Invoiced does not publish prices; the figure shown is the last reported price. Invoiced details are from its public pages, checked October 2026; verify current pricing with Invoiced.
Which one fits your business
Both tools chase unpaid invoices. Size, ledger and the extras you need decide which one suits you.
Choose Invoiced if
You run NetSuite, Sage Intacct, Dynamics 365 or Workday as your ERP.
You want to raise and send invoices from the same platform that chases them.
You want cash application with CashMatch AI in your receivables platform.
You want cash flow forecasting and dispute management alongside collections.
Choose Paidnice if
You run Xero or QuickBooks Online, at any size up to $50m a year or 50,000 invoices a year.
You want published pricing by invoice volume, from $69 a month (USD), month to month.
You want statements sent on a schedule and payment plans your customers can set up in the portal.
You want to start without a sales call: your first 20 actions are free and setup takes under 15 minutes.
Switching from Invoiced in three steps
Run both for a short time, one customer group first, so no reminder is missed.
1
Connect Xero or QuickBooks
Paidnice picks up the invoices that are already open, as well as new ones. Setup takes under 15 minutes.
ActivityToday
Connected to WellPaid co.
248 open invoices picked upIncluding the ones already overdue
New invoices added as you raise them
2
Approve the draft policies
Paidnice prepares draft policies for you. Start with one customer group: pause Invoiced for it and approve each action before it sends.
Upcoming actions
Drafts 18Scheduled 0Drafts send after you approve them
2 to 7 days
Invoice emailSMS+9 more
8 to 30 days
Invoice late feeStatement+5 more
3
Go live
When the first group looks right, set its policies to Active and turn off Invoiced for the rest.
Policies · CommercialLive
Safe Mode
3 daysbefore due
RemindersEmail, then SMS once overdue
Active
14 daysoverdue
Late fee2% of the balance, posted to QuickBooks
Active
1stof month
StatementsPDF to each customer with a balance
Active
Active policies send on schedule, no approval needed.
Trusted with over $1,200,000,000 collected across 1,070,000 invoices since 2022.
and counting
Questions about switching from Invoiced
Is Paidnice a good alternative to Invoiced?
It depends on your size and your ledger. Invoiced, part of Flywire since 2024, is an invoice-to-cash platform for mid-market and enterprise finance teams, with native connections to NetSuite, Sage Intacct, Dynamics 365 and Workday. Paidnice is priced by invoice volume from $69 a month (USD) and fits any business on Xero or QuickBooks Online up to $50m a year, or 50,000 invoices a year.
How does Invoiced pricing compare with Paidnice?
Invoiced does not publish prices and quotes each customer. Its last reported plans started from about $299 a month, so ask Invoiced for a quote. Paidnice starts at $69 a month (USD), month to month. See Paidnice pricing in your currency.
Do both tools charge late fees?
Yes. Invoiced adds a flat or percentage fee as a separate invoice line. Paidnice applies flat fees, percentage interest or compounding interest by customer group, and posts each charge to Xero or QuickBooks as an invoice.
Does Paidnice work with NetSuite or Sage Intacct?
Yes, on the Custom plan, along with MYOB and Dynamics 365 Business Central. Xero and QuickBooks Online connect on every plan. Paidnice does not connect to desktop software such as QuickBooks Desktop.
Can I switch from Invoiced without a gap in reminders?
Yes. Paidnice picks up the invoices that are already open when you connect. Start with one customer group in Draft, check each action, then turn off Invoiced for the rest.
Can I try Paidnice before I pay?
Yes. Signing up is free, your first 20 actions are free and you do not need a card. See pricing for the plans.
See if Paidnice fits your business
Connect Xero or QuickBooks and Paidnice prepares draft policies for you. Nothing runs until you approve them.
248 open invoices picked up
App of the Year