New: Introducing Groups and Policies

5 Min Read
May 4, 2022
Denym Bird
Co-founder & CEO of Paidnice

From today you'll be able to create contact groups, where you can apply different penalties to different contacts.

For example, you'll be able create custom situations where a group of contacts receives;

  • A fixed overdue late fee of $10, and;
  • After 30 days of being overdue, will receive another 2% interest charge on the total.

This is just one example of the unique customisations you can now make.

However, for more simple late fee setups, where you have flat fees or interest charges across all of your contacts/business you wont need to do anything. All of your current settings have migrated over successfully.

For more information about how groups and policies work, head to our support centre here to learn more about how Groups and Policies work.

If you have any questions please don't hesitate to reach out to the team.

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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