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Late payments disrupt cash flow and increase time spent on manual accounts receivable tasks. Automating late fees in Chaser helps reduce overdue invoices without adding to your admin burden.
Late payment fees
Discourage late payments with automated fees
Prevent late payments by applying fees to invoices automatically when your debtor pays late.
400+ happy customers
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Encourage timely payments
Encourage timely payments with minimal effort
Apply late payment fees automatically to overdue invoices, based on rules you set. Whether it’s a fixed amount, a percentage, or interest that accrues daily, you stay in control—while customers get a clear incentive to pay on time.
Recover costs
Recover costs from overdue invoices
Late payments affect cash flow and increase operational costs. With late fees, you can offset the cost of delays by charging customers who miss due dates, ensuring you're compensated for the time and effort of chasing late invoices.
Adaptable settings
Tailor fees to your business and jurisdiction
Choose the fee structure that suits your business and local financial regulations—fixed charges, percentage-based fees, interest-accruing penalties, or benchmark-based rates. Set when they apply, how often, and to which customers.
Improve cash flow
Segment and target specific customers with fees
Apply fees based on customer segments or individual invoices, so you can take a strategic approach. Target habitual late payers with stricter rules, while keeping flexibility to manage exceptions manually when needed.
Encourage prompt payments and protect your revenue
Automatically charge customers when invoices go unpaid beyond the due date, so you can easily enforce payment terms and reduce the financial impact of late payments on your cash flow. Fees can be configured to suit your business, and you can choose when they apply, how often they’re calculated, and how they’re shown on invoices. Late fees can be added automatically to specific debtor groups, or manually controlled on a case-by-case basis for full flexibility.
With every fee automatically logged in Chaser, your team can stay aligned while saving time and effort chasing payments. And with payment links included on each invoice, customers have everything they need to settle quickly.
Start using late payment fees today to take a proactive approach to credit control - reducing debtor days, recovering lost costs, and improving cash flow.
“A very easy to use app, that's very clever at chasing debts. We've seen an improvement to debtor days almost immediately — the customer service and support Chaser offer is superb, can't praise them highly enough.”
“This is such a good add-on. I truly believe that Chaser emails are sent with a little bit of magic. Even though I regularly used to send statements from my accounting system, the Chaser emails have had a far greater response, clients apologising for not paying sooner! It has definitely improved credit control, and the ‘thank you’ email when clients have paid is a lovely touch.”
"Chaser has really changed the space. Several other apps have appeared in the market since Chaser - even Xero has its own invoice reminders. For us, though, Chaser is the one with the features we need. And at a great price, and with a great team supporting it, why would we ever change?"
