October 25, 2023

What's new: Auto-send statements & statement interest

Denym Bird
CEO of Paidnice

We've rolled out some exciting features at Paidnice in this month that many of you have asked for, and we have listened:

📑 Auto-send customer statements

Automate and send customer statements weekly or monthly. Includes summary of all outstanding invoices, age of debt.

Send only to customers with an outstanding or overdue balance Learn more about it works here.

⬇️ Download PDF statements

In the Contacts tab, you can now view and download customer statements of outstanding balances.

💰 Generate statement/account interest

Automatically calculate interest charges per month/week against all overdue invoices, sending this direct to your customer. Learn more about it works here.

Statement interest is available for Professional plans and up.

📅 Change late fee invoice due date

When issuing a late fee as a new invoice, you can now opt for the due date to be the date of the late fee, instead of the original invoice's due date.

Grace period - exclude weekends

Add an option on your grace periods to only count weekdays.

⚙️ Group auto-assign

Automatically have Xero group contacts added into Paidnice groups when they are updated.

👥 Additional contact imports

Additional people inside of your Xero contacts are now imported and included in your communication.

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That's it from us in October 🫡 as always, if you need anything from our team, reach out to us here, or book in a call with us here.

What is Paidnice?

Paidnice is the friendly, and powerful accounts receivable automation solution for small to medium sized businesses. Encourage timely payments, automate your invoicing process, and foster positive customer relationships – all while improving your cash flow.

Denym Bird
CEO of Paidnice
Denym is a software entrepreneur and writes about accounts receivables management for small business.