---
type: Software Buyer's Guide
title: 5 Best Xero Statement Add-ons in 2026 (Statey Alternatives Compared)
description: Paidnice, Chaser, Statey, Kolleno and Upflow compared as Xero statement add-ons, ranked on what happens after the statement is sent: chasing, late fees, recipient control and published price.
resource: https://accounting.events/reviews/statey-alternatives/
tags: [statey alternatives, xero statement add-ons, xero statement software, automated xero statements, send xero statements, customer statements xero]
timestamp: 2026-08-27
---

**The five best Xero statement add-ons in 2026 are Paidnice, Chaser, Statey, Kolleno and Upflow, ranked on what the tool does once the statement has been sent. Prices from $10 a month per Xero organisation.**

Paidnice suits a Xero or QuickBooks Online business that wants reminders and an automatic late fee behind the statement. Chaser suits a finance team that wants statements inside a full chasing workflow. Statey automates the statement and nothing else, at the lowest price here. Kolleno and Upflow put statements inside a wider order-to-cash platform for larger teams. Xero’s own statements are included with your subscription and are sent by hand.

Xero Small Business Insights, June 2026. A statement arrives in the middle of that wait: 29.3 days in the United Kingdom, 23.2 in New Zealand, with the average British invoice settling 8.3 days after its due date. Each figure has improved a little on the year before, from 29.6, 24.1 and 9.2. The document itself does none of that work.

## Xero’s own statements: activity, outstanding, and the manual send

Xero already makes two kinds of statement and emails either one to a customer, at no extra cost. What it will not do is send them on a schedule, which is the whole reason this category exists.

The activity statement lists every transaction against a contact over a period you choose: invoices raised, payments received, credit notes applied, whether or not anything is still owing. The outstanding statement lists only what is unpaid as at a date, item by item, with nothing already settled shown at all.

Both are generated by hand, from the contact record or from the Business menu, for whichever customers you select. There is no schedule, no ageing configuration, no smart recipient list, and no way to exclude an account permanently. The branding follows your invoice theme rather than being set separately, and neither statement carries an interest line, because Xero does not compute one.

For a short list of accounts once a month that is a perfectly good arrangement, and it is free with your subscription. See [Xero Central](https://central.xero.com/s/article/Send-a-customer-a-statement) for the process. The moment it becomes a monthly chore across a long contact list, or across several organisations, an add-on pays for itself in time saved before you count anything it collects.

## Which statement to send a late payer, and why it matters

Send the outstanding statement. The activity statement shows a period of trading, including everything already paid, and handing a late payer a document full of settled invoices gives them something to read instead of something to pay.

The difference is not cosmetic. An activity statement answers what happened between these dates, which invites a reconciliation: their accounts clerk starts matching your list against theirs, finds a credit note applied on a different day, and the balance turns into a query. An outstanding statement answers what do you owe me right now, which invites one of two replies, payment or a specific dispute about a specific invoice. The second reply is progress. The first conversation rarely is.

Two rules follow. Send the outstanding statement to anybody carrying an overdue balance, and keep the activity statement for the customer who asked for a copy of the year. And send it to whoever schedules the payments, which is often not the person who placed the order, because a statement read by the wrong contact is a statement that has not been sent.

That second rule is where Xero’s own version and most add-ons part company. How the five handle it:

- **Statey** builds each statement from five configurable sections with four age analysis methods, across invoice date or due date and calendar months or exact days, and targets it with smart groups, smart recipient lists and a Do Not Send list. It is the deepest statement configuration on this page.

- **Paidnice** sends on any schedule you set, consolidates parent and child contacts into one statement, targets by customer group, and adds an interest line the Xero statement cannot carry, recalculated at the moment of sending.

- **Chaser** sends monthly, on a fixed day, and neither the recipients nor the senders are customisable, which is the one control a statements buyer is most likely to want.

- **Kolleno** puts the statement in a customer portal as a download rather than a scheduled send.

- **Upflow** documents no statement generation at all. Its portal shows an invoice and account view, which is a different object.

One group is worth naming, because it is the actual buyer for a $10 add-on: the bookkeeper or accountant running statements across eleven Xero organisations. At that point the question stops being which statement and becomes how many times a month somebody repeats the same manual send, and per-organisation pricing is what the answer costs.

## Five Xero statement add-ons compared

Read the two rows that decide this: scheduled statements, and what sits behind the statement once it has been ignored. Statey and Paidnice are the two built around the document itself. Chaser wraps a statement in the widest chasing workflow but fixes the day and the recipients. Kolleno and Upflow treat it as one artefact inside an order-to-cash platform, and neither could be verified as sending it on a schedule.

|   | [Paidnice logo](#paidnice) | [Chaser logo](#chaser) | [Statey logo](#statey) | [Kolleno logo](#kolleno) | [Upflow logo](#upflow) |

| Revenue fit | $500k to $20m | £4m and under on the entry tier, tiers to £200m | Any Xero organisation | $1m turnover and above | ARR bands, under $10m to $50m and above |

| From (monthly) | A$99 (NZ$109 excl GST, US$69, £49) | £199 (Compact) | $10 per Xero organisation | $650 per user | Not published |

| Scheduled statements | Yes (any schedule) | Yes (monthly, fixed day) | Yes (weekly or monthly) | Not verified (portal download) | Not verified |

| Statement configuration | Yes (consolidated parent and child contacts, interest recalculated at send) | No (recipients and senders are not customisable) | Yes (four age analysis methods, own sending domain on Pro) | Not verified | Not verified |

| Beyond the statement | Yes (reminders, late fees, escalation) | Yes (chasing, credit checks, collections referral) | None (statements only) | Yes (AI collections, cash application) | Yes (workflows, collections analytics) |

| Recipient control | Yes (per customer group) | No (statement recipients and senders are fixed) | Yes (smart groups, smart recipient lists, Do Not Send list) | Yes (workflow branches) | Yes (risk and behaviour segments) |

| Late fees and interest | Yes (a policy per customer group) | Yes (one global rule) | None | None found | No (via your ERP only) |

| Payment plans | Yes | Yes | None | Yes | No (customer-initiated part payments) |

| Ledger integrations | Xero, QuickBooks Online | Xero, QuickBooks, Sage, NetSuite, Dynamics 365 | Xero | NetSuite, SAP, Sage Intacct, Dynamics 365, Xero, QuickBooks Online | Xero, QuickBooks Online, NetSuite, Sage Intacct, Stripe Billing, Chargebee, Zuora |

| Rated (source, count) | 5.0 (82, Xero App Store) | 4.98 (374, Xero App Store) | 4.6 (10, Xero App Store) | 4.9 (99, G2) | 4.8 (233, G2) |

| Last verified | Aug 2026 | Aug 2026 | Aug 2026 | Aug 2026 | Aug 2026 |

"Not verified" means the capability could not be confirmed from the vendor's public materials. "Not published" means the vendor does not print a price. "None found" means no evidence either way. Every price is shown in the currency the vendor publishes it in, never an exchange-rate conversion. Statey prices are per Xero organisation and the currency is not marked on its site. Prices are the vendor's published or last-verified from-price on the date shown.

## 1. Paidnice

Best for Xero and QuickBooks Online businesses that want the statement to lead somewhere, $500k to $20m

### What is it best for?

For a Xero or QuickBooks Online business that wants statements on the schedule it chooses, then reminders and an automatic late fee behind them, without anyone doing the follow-up by hand.

**Fits:** Xero and QuickBooks Online businesses from about $500k turnover, with the sweet spot between $1m and $20m, with or without a credit controller

**Regions:** United Kingdom, Australia, New Zealand, United States, Canada, South Africa

**Entry cost:** A$99/mo on Essentials (NZ$109 excluding GST, US$69, £49), covering 150 invoices, 600 emails and up to 2 team members; Pro from A$139 (NZ$149, US$99, £74) with unlimited users and no per-seat fee. As at August 2026, verify current pricing

**Rated:** 5.0 from 82 Xero App Store reviews, verified 20 August 2026; 4.9 on [Capterra](https://www.capterra.co.uk/software/254868/paidnice), review count not published · [Xero App Store listing](https://apps.xero.com/uk/app/paidnice)

**Awards:** Winner, New Zealand Small Business App of the Year, Xero Global App Awards 2026

**Runs on:** Xero, QuickBooks Online. NetSuite, Sage Intacct, MYOB and Dynamics 365 Business Central on the Custom plan as a build

**Late fees and interest:** Yes, as a policy per customer group, indexed to the Bank of England base rate for UK businesses

**Does best:** Statements and the chase behind them in one Xero app

Paidnice sends automatic customer statements on the schedule you set, including consolidated statements across Xero parent and child contacts. Accrued interest is recalculated at the point the statement sends rather than fixed at the last policy run, so the figure the customer opens is accurate that morning.

Behind the statement sit escalating email and SMS reminders from your own authenticated domain, customer groups so different accounts get different treatment, payment plans, a customer payment portal, and automatic late fees and interest. The charge is raised on the ledger as Draft or Approved, and it is calculated on the balance net of any credit on the account.

The vendor reports customers halving their average days to payment within a month of switching it on. It holds a 5.0 average across 82 Xero App Store reviews and won New Zealand Small Business App of the Year at the 2026 Xero Global App Awards.

**Limitations with Paidnice.** Native to Xero and QuickBooks Online only, and some payment features differ between the two ledgers. Statement configuration is less granular than a dedicated statement tool, with nothing equivalent to Statey’s four age analysis calculation methods or its per-recipient delivery statistics. The Essentials tier covers 150 invoices, 600 emails and two team members, so a busy ledger will want Pro. On criterion 5, Chaser’s 4.98 from 374 reviews beats the 5.0 from 82 above.

## 2. Chaser

Best for a statement wrapped in the widest chasing workflow here, if a fixed monthly day is acceptable

### What is it best for?

For a finance team that treats the statement as one step in a chase rather than the document itself, and will give up recipient control to get the rest.

**Fits:** Businesses with a named credit controller; the entry tier is priced for £4m turnover and under, and the tiers run to £200m, though Chaser’s own pricing page states £100m

**Regions:** UK-registered, trading since 2014, sells worldwide

**Entry cost:** £199/mo on Compact for turnover to £4m with 4 users; Core £599/mo to £10m; Complete £899/mo above that. A demo is required before you can buy. As at August 2026, verify current pricing

**Rated:** 4.98 from 374 Xero App Store reviews; 4.5 from 68 on [G2](https://www.g2.com/products/chaser/reviews) · [Xero App Store listing](https://apps.xero.com/uk/app/chaser)

**Awards:** Xero App Partner of the Year 2023

**Runs on:** Xero, QuickBooks, Sage 50, Sage 200, Sage Intacct, Business Central, NetSuite, Dynamics 365, AccountsIQ, SAP

**Late fees and interest:** Yes, as one global rule, with four calculation types including the Bank of England base rate

**Does best:** Multi-channel chasing around the statement

Chaser treats the statement as a feature in its own right, separate from its invoice reminders, so a customer can receive a full summary of everything outstanding as well as per-invoice chasing. On a statements brief that is where the good news ends and the ceiling starts.

The ceiling is specific. Statements go out monthly, on a fixed day of the month, and neither the recipients nor the senders can be changed. If you want the statement to reach a different contact from the one your reminders reach, or a weekly cycle for your slowest twenty accounts, this is not the tool. What surrounds it is the widest collections workflow here: escalating sequences from the team's own Gmail or Outlook mailbox, SMS, letters, a payer portal, Chaser Pay, Creditsafe credit reports and a collections referral through its partner Debitura.

**Limitations with Chaser.** Statements go monthly on a fixed day of the month, and the recipients and senders are not customisable, which is the one control a statements-focused buyer is most likely to want. The late fee runs as one global rule that cannot vary by schedule or customer group, and it raises no fee on payment-plan or partially paid invoices. Compact is £199 a month, more than a micro business sending the odd statement needs, and a demo is required before you can buy. The one-way automated calls are unavailable in New Zealand.

## 3. Statey

Best for a Xero organisation that wants the statement automated and nothing else, from $10 a month

### What is it best for?

For a business whose customers already pay on time and that simply wants to stop generating the monthly statement by hand, at the lowest price on this page.

**Fits:** Any Xero organisation that wants the statement automated. Priced per Xero organisation, with unlimited users on every tier

**Regions:** Wellington, New Zealand; sold worldwide through the Xero App Store since May 2022

**Entry cost:** $10/mo per Xero organisation on Starter, $25 on Standard, $50 on Pro, with a 32-day trial and no card required. The currency is not marked on the vendor’s site. As at August 2026, verify current pricing

**Rated:** 4.6 from 10 Xero App Store reviews · [Xero App Store listing](https://apps.xero.com/uk/app/statey)

**Awards:** None found

**Runs on:** Xero

**Late fees and interest:** None

**Does best:** Statement configuration, with four age analysis calculation methods

Statey is the most focused tool here, and that is the point. It runs weekly or monthly statement schedules, builds each statement from five configurable sections, and offers four age analysis calculation methods across invoice date or due date and calendar months or exact days, with customisable 30, 60 and 90 day columns.

Recipients are targeted with smart groups by balance, activity or criteria, smart recipient lists built from Xero contact lists, and a Do Not Send list, and delivery statistics show who is receiving statements and who is not. Standard adds watermark removal, Excel download and multi-currency; Pro adds multiple schedules and sending from your own domain.

If a tidy, automated monthly statement is genuinely all you need, this is the cheapest clean answer, and there is nothing wrong with stopping there.

**Limitations with Statey.** There is no chasing, no escalation, no late fee, no payments and no customer portal, by the vendor’s own description: statements only. It works with Xero alone, with no QuickBooks connector, and it syncs from Xero every six hours rather than in real time. Its verified review base is the smallest here, 10 reviews. The day you want the statement to be followed by something, you have outgrown it.

## 4. Kolleno

Best for order-to-cash teams that want statements in a customer portal, $1m turnover and above

### What is it best for?

For a mid-market finance team whose bottleneck is matching cash to invoices, and where the statement is one document inside a wider order-to-cash platform.

**Fits:** Mid-market and enterprise order-to-cash teams above $1m turnover, priced per user with a one-user minimum

**Regions:** London, founded 2020, sells worldwide

**Entry cost:** $650 per user a month on BusinessPay, or $545 per user on annual billing, above $1m turnover; Business Plus $1,245 per user. As at August 2026, verify current pricing

**Rated:** 4.9 from 99 reviews on [G2](https://www.g2.com/products/kolleno/reviews)

**Awards:** None found

**Runs on:** NetSuite, SAP S/4HANA, Sage Intacct, Dynamics 365, Workday, Oracle JD Edwards, Xero, QuickBooks Online

**Late fees and interest:** None found

**Does best:** Cash application and reconciliation

Kolleno gives customers portal access to account statements and credit notes alongside reminders, disputes and payment plans, with trigger-based workflows that branch on invoice events and escalate on their own.

Its real strength sits behind the statement rather than in it: email remittance parsing with suggested matches, SFTP bank connections, BAI2, NACHA and ISO 20022 file handling, one-to-many and partial matching, credit note offsets, and NetSuite multi-currency journal entries for FX differences and bank fees.

**Limitations with Kolleno.** The statement is a portal download rather than a scheduled send, and no automatic statement schedule is documented. No late fee or interest feature appears anywhere in its public materials. Letters and calls are not workflow actions. Pricing is per user with a $1m turnover minimum, which is well above a statements brief, and custom sending domains are set up by an account manager rather than self-serve.

## 5. Upflow

Best for analytics-led finance teams, on ARR-band pricing with no published figures

### What is it best for?

For a finance team whose real problem is that nobody can measure collections, and that wants the statement folded into a workflow it can report on.

**Fits:** Scaling finance teams, sold by ARR band from under $10m to $50m and above; 500+ clients in 30+ countries

**Regions:** Founded in Paris in 2018, headquartered in New York

**Entry cost:** Not published. The free Discover tier is analytics only with no automation, and Grow, Scale and Strategic are quoted by ARR band. A 2024 third-party capture put Grow at $440 a month and Scale at $880. As at August 2026, verify current pricing

**Rated:** 4.8 from 233 reviews on [G2](https://www.g2.com/products/upflow/reviews)

**Awards:** None found

**Runs on:** Xero, QuickBooks Online, NetSuite, Sage Intacct, Stripe Billing, Chargebee, Zuora

**Late fees and interest:** No, applied through your ERP only

**Does best:** Collections analytics, countback DSO and CEI

Upflow runs multi-step workflows across email, SMS, letters, calls and tasks, with a branded portal where a customer views their account, pays, saves a payment method and raises a dispute.

Its moat is measurement: countback DSO against best possible DSO, collection effectiveness index, an at-risk rate for balances past 90 days, ageing, and dashboards you can filter by workflow, country, account manager or custom field, with scheduled email delivery of the reports.

**Limitations with Upflow.** No statement generation feature is documented. The portal shows an invoice and account view, which is not the same thing as a statement you can schedule and brand. Late fees are applied through your ERP rather than computed here, and there are no instalment plans, only customer-initiated part payments. Automatic actions fire once a day on business days only, sending through your own SMTP disables open and click tracking, and the QuickBooks connector polls every five minutes with no webhooks. No price is published.

## What happens after the statement lands

A statement is a prompt. It tells a customer what is outstanding and how old each item is, and then it is finished. Everything that decides whether the balance moves happens afterwards, and that is the axis this page ranks on.

Which is the honest difference between a statement add-on and credit control software. The first automates a document. The second automates the document and then keeps going: a firmer follow-up, a charge against the balance, different treatment for the customer who does this every single month.

Four things worth asking of any tool here, in the order they start to matter once the statement has been ignored:

- **Does anything follow it?** A reminder sequence that escalates, rather than the same statement arriving again next month with a larger number on it.

- **Does being late cost anything?** An interest charge or a fee raised against the overdue balance, on the ledger rather than inside the app.

- **Can the good payers be left alone?** Recipient control, so a customer who has never been late is not chased like one who always is.

- **Does the statement stay true?** A ledger sync tight enough that a paid invoice has dropped off before the next send, because one settled invoice on a statement undoes the rest of it.

The sequence a statement is supposed to begin, and the step at which a statements-only tool hands the rest back to you.

The statement is the only document in receivables a customer receives whether or not anything is wrong. What decides its usefulness is what arrives next, and whether that carries a number they have to pay.

## Interest on a statement balance, recalculated at send

Two of these five raise a charge themselves. Paidnice runs an interest policy per customer group and posts the charge to the ledger; Chaser runs the same calculation as one global rule. Statey has no fee function, Kolleno documents none, and Upflow points the job back to your ERP.

A statement interest charge is levied per customer against the whole overdue balance rather than invoice by invoice, which is what makes it a statement feature rather than an invoice feature. The rate is set per annum and prorated per day, so the amount grows for every day the balance sits unpaid.

For UK businesses the rate can be indexed to the [Bank of England base rate](https://www.bankofengland.co.uk/monetary-policy/the-interest-rate-bank-rate), which moves several times a year. A long-overdue balance can span two or three rates, and the correct charge has to be prorated across each period. That is the arithmetic the software either does or leaves on your desk.

Timing matters as much as the rate, and on a statement it matters more than on an invoice. A statement is a document the customer reads as a whole and checks line by line. Interest recalculated at the instant it sends gives them a figure that is correct that morning. Interest carried forward from the last policy run is stale inside a week, and a customer who notices has a reason to reply rather than pay.

On £5,000 overdue for 45 days at 11.75% a year, interest accrues at £1.61 a day, so £72.43 has built up and the statement shows £5,072.43. Change the figures to match your own ledger:

An interest line on one statement. On £5,000 overdue for 45 days at 11.75% a year, interest accrues at £1.61 a day, so £72.43 has built up and the statement shows £5,072.43. Change the balance, the days and the rate on the page to see what a customer would open.

The interest line is the overdue balance times the annual rate, spread across the days the balance has been late. Recalculated at send, the figure is right for the morning the customer opens it. Fixed at the last policy run, it is already out of date by the time it lands.

## When a statement is the wrong tool

A statement summarises a balance. A payment plan schedules one. The moment a customer is on a plan, the statement stops helping and starts contradicting the arrangement you just made with them.

Picture the collision. You agree six instalments on a $9,000 balance, the customer pays the first, and on the first of the month your statement software sends a document saying $7,500 is outstanding as at today. Technically it is correct. Practically you have told somebody who is complying with an agreement that they owe you everything, and the reply is a phone call rather than a payment.

So the setting to look for is not whether a tool offers plans. It is whether a customer on a plan can be taken off the statement run without being taken off it permanently. Statey has a Do Not Send list and smart recipient lists, which is the mechanism, even though it runs no plans of its own. Paidnice targets statements by customer group, so a plans group can be excluded and put back. Chaser sends monthly to a recipient list you cannot vary, which is the awkward case.

On the plans themselves: Paidnice, Chaser and Kolleno all schedule instalments against an open invoice. Chaser splits weekly through to yearly but keeps chasing the original invoice due date rather than the instalment dates, and its own documentation advises chasing the instalments by hand. Kolleno splits weekly, monthly or bi-monthly and links automations to the plan, with uneven totals divided manually. Upflow takes a promise to pay and ad-hoc part payments rather than a schedule. Statey takes no payments at all, so the question never arises and the exclusion list is the whole answer.

## $10 a month against a full credit control subscription

Published entry prices as at August 2026: Statey $10 a month per Xero organisation, Paidnice A$99 (NZ$109 excluding GST, US$69, £49), Chaser £199, Kolleno $650 per user. Upflow publishes no price. Xero’s own statements come with your subscription.

The interesting comparison is the narrowest one: $10 against £199, for two products that both send a Xero statement. What the difference buys is not a better statement. Statey has the deepest statement configuration on this page, four age analysis methods and per-recipient delivery statistics included, and it is also the cheapest thing here. The money goes on everything that happens after the statement is ignored.

Read the unit before the number, because none of the four charges for the same thing. Statey charges per Xero organisation with unlimited users on every tier, so it is cheap for one entity and multiplies across a group. Kolleno charges per user, so a receivables desk of three multiplies instead. Chaser charges on company turnover, so the bill steps when the business grows rather than when the work does. Paidnice charges on invoice volume with no per-seat fee, so a second person joining the chase costs nothing.

One figure appears on no pricing page: what the manual send costs you today. A bookkeeper generating and emailing statements across a dozen organisations, once a month, is spending most of a day on it. Priced against that, the $10 tier is the easiest line in this comparison to justify and the hardest to over-think.

## One Xero organisation, or several

Revenue is the wrong unit for a statements page. What decides the bill is how many Xero organisations you send from and how many people work the ledger, and the two cheapest vendors here charge on opposite axes.

- **One organisation, statements only.** Statey at $10 a month, or Xero’s built-in statements if the contact list is short enough to send by hand. Nothing is cheaper and nothing else is needed.

- **One organisation, and the balance is not moving.** Paidnice from A$99, because a statement is only worth automating if something follows it. This is the band where the interest line starts to matter more than the ageing columns.

- **Several organisations, one bookkeeper.** Statey prices per Xero organisation, so eleven entities is eleven subscriptions, which at $10 each is still less than one seat of anything else on this page. Paidnice adds organisations through a multi-entity add-on instead, which becomes the cheaper shape once each entity also needs chasing.

- **A finance team rather than a person.** Chaser at £199 for four users, or Kolleno at $650 per user where the statement is one document inside an order-to-cash platform. At that size the statement has stopped being the purchase.

## Questions about automating Xero statements

What Xero users ask before they buy a statement add-on: what Statey does and stops at, what Xero already does for nothing, what it costs to go further, and which tools put a consequence behind the document.

### What does Statey do?

Statey is a Xero add-on that sends customer statements automatically on a weekly or monthly schedule, with four age analysis calculation methods, smart recipient targeting, a Do Not Send list and delivery statistics. It automates statements but does not chase, escalate or apply a late fee, and it does not connect to QuickBooks. It starts at $10 a month per Xero organisation and holds 4.6 from 10 Xero App Store reviews.

### What are the best Statey alternatives?

Paidnice, if you want reminders and an automatic late fee behind the statement, from A$99 a month. Chaser, if you want statements inside a full chasing workflow with credit checks, from £199 a month. Kolleno and Upflow if you want an order-to-cash platform and the statement is a small part of the brief. Xero’s own statements if the list is short enough to send by hand.

### What is the difference between a statement tool and a credit control tool?

A statement tool sends customers a summary of what they owe. A credit control tool sends that summary and then works to reduce the overdue balance, with escalating reminders, a late fee and a way to flag a problem account. Statey is the first kind; Paidnice and Chaser are the second.

### Does Xero send customer statements on its own?

Xero can produce and email outstanding and activity statements, but not on an automatic schedule. You generate and send them yourself, which is why businesses add a tool to automate the timing.

### Can I send Xero statements only to overdue customers?

Yes, with the right tool. Statey targets recipients with smart groups, smart recipient lists and a Do Not Send list. Paidnice targets statements at customers with an overdue balance using customer groups, then runs different follow-up for each group. Chaser sends statements monthly on a fixed day and its recipients are not customisable.

### Can a statement tool charge a late fee?

A statements-only tool cannot. To apply a late fee or interest to an overdue balance you need a tool that raises the charge on the ledger. Of the tools here, Paidnice does it as a policy per customer group and Chaser does it as one global rule.

### How much does a Xero statement add-on cost in 2026?

Every figure here is as at August 2026, so verify current pricing. Statey is $10 a month per Xero organisation on Starter, $25 on Standard and $50 on Pro. Paidnice is A$99 a month on Essentials, or NZ$109 excluding GST, US$69 or £49. Chaser is £199 a month up to £4m turnover. Kolleno is $650 per user a month. Upflow does not publish a price.

## How these were checked

Accounting.Events publishes this comparison and takes nothing from the vendors in it, for a listing, a position or a kind word. Each figure carries the month it was last confirmed.

The five were ordered on five tests, in this sequence:

1. **Can it send a Xero statement on a schedule**, and how much of the document can you configure?

2. **Does anything follow the statement?** Reminders, escalation, and different treatment for different customers once it has been ignored.

3. **Does it charge against the overdue balance itself**, and at what grain?

4. **Is there a published or verified price**, per Xero organisation or per whatever unit the vendor bills on, with the date it was confirmed?

5. **Is the rating verified, and how many reviews is it built on?** On a page where one vendor has ten reviews and another has 374, the count decides more than the score does.

Verification is a real constraint on this page rather than a formality, because Statey is a small vendor with a thin public footprint: ten reviews, no award record, and a price list that does not mark its currency. Where that is the case it is written into the entry rather than smoothed over. Scheduled statement sending could not be confirmed for Kolleno or Upflow either, so test 1 separates them from the other three but not from each other, and test 5 settles their order instead.

Xero’s built-in statements are described in prose rather than ranked, because they are part of a ledger subscription rather than a product you can price against the others.

Prices are read off each vendor’s own pricing page in the currency printed there, and nothing is converted, which is why the Statey figure carries a note about its unmarked currency instead of a symbol we chose on its behalf. Ratings come from the Xero App Store, G2 and Capterra with the count beside them, which on a page holding a 4.6 from ten reviews and a 4.98 from 374 is the only honest way to print them. Everything above was confirmed again in August 2026.

## More on Xero receivables

Buyer's guide

### Best invoice chasing software for Xero

Six Xero chasing tools compared on the gaps they fill and verified reviews.

Buyer's guide

### Track overdue Xero invoices as a team

The tools that give your team one shared view and chase the routine for you.

How-to

### How to chase overdue invoices

The chase sequence, the channels that get a reply, and when to escalate.

Template

### Customer statement template

A clean statement layout you can send from Xero or a spreadsheet.