Invoice chasing software compared
PennyFetch vs Chaser vs Paidnice vs Satago. Side-by-side pricing and features to help you find the right tool for chasing unpaid invoices.
The short version
Chaser and Satago are built for finance teams at established businesses. Paidnice is a solid add-on if you already use Xero or QuickBooks. PennyFetch is built specifically for UK freelancers and sole traders: free to start, no accounting software required, with a Letter Before Action generator and built-in statutory interest calculations.
Pricing
| Feature | PennyFetch | Chaser | Paidnice | Satago |
|---|---|---|---|---|
| Free plan | ||||
| Solo freelancer price | Free | £199/mo | $39/mo | £45/mo |
| Pro price | £9/mo | £199/mo | $69/mo | £80/mo |
Features
| Feature | PennyFetch | Chaser | Paidnice | Satago |
|---|---|---|---|---|
| Automatic email reminders | ||||
| Works standalone (no Xero/QuickBooks needed) | ||||
| UK statutory interest calculator | ||||
| Letter Before Action PDF generator | ||||
| Statutory interest on reminder emails | ||||
| Client payment behaviour tracking | ||||
| Online invoice payment page | ||||
| Invoice PDF generation | ||||
| Custom reminder schedules | ||||
| Email open & click tracking | ||||
| SMS reminders | ||||
| Phone call chasing | ||||
| Credit reports (Experian) | ||||
| Invoice financing |
Who is it for?
| Feature | PennyFetch | Chaser | Paidnice | Satago |
|---|---|---|---|---|
| Built for freelancers | ||||
| Built for small businesses | ||||
| Built for enterprise / finance teams | ||||
| UK-specific legal compliance |
Detailed breakdown
PennyFetch
PennyFetch is an invoice chasing tool built for UK freelancers and small businesses. You add your clients, create invoices, and set a reminder schedule. PennyFetch sends automatic email reminders on your behalf, starting with a gentle nudge and escalating to a formal final warning with statutory interest.
What makes it different: it works standalone (no Xero or QuickBooks needed), includes a Letter Before Action PDF generator, calculates UK statutory interest automatically, and has a genuinely free tier with 5 clients and 15 invoices. Pro starts at £9/month.
Chaser
Chaser is the market leader in accounts receivable automation, and a Xero App Partner of the Year. It offers multi-channel chasing (email, SMS, automated phone calls), payment prediction, and a full receivables CRM. It is a serious tool for finance teams.
The catch: pricing starts at £199/month for businesses under £4M revenue, going up to £899/month for larger companies. There is no free tier and no plan designed for solo freelancers. If you are a freelancer earning £30–60k, Chaser costs more per year than most freelancers lose to late payments.
Paidnice
Paidnice is an accounts receivable automation layer that connects to Xero or QuickBooks. It automates reminders, applies late fees, and sends customer statements. It also integrates with Experian for credit reports.
It is a good product, but it requires Xero or QuickBooks. You cannot use it standalone. Pricing starts at $39/month (about £31), which is reasonable for a small business but adds up when layered on top of your accounting software subscription. It also has no UK-specific legal tools like statutory interest calculations or Letter Before Action generation.
Satago
Satago is more of a finance platform than a pure invoice chasing tool. It offers automated reminders alongside credit risk insights (via Experian), invoice financing, and cash flow management. It integrates with 300+ accounting platforms.
It is well-suited to businesses that need cash flow financing alongside debt recovery. But for a freelancer who just wants to send automated reminders and get paid, it is more complex (and more expensive at £45–80/month) than necessary.
Why freelancers choose PennyFetch
Free to start
5 clients and 15 invoices on the free plan. No credit card required. Pro from £9/month when you need more.
No accounting software required
Add your clients and invoices directly. No Xero, QuickBooks, or Sage subscription needed.
UK legal tools built in
Statutory interest calculator, automatic interest on final reminders, and Letter Before Action PDF generator. Features no competitor offers.
Built for one-person businesses
Simple, fast, and designed for freelancers and sole traders. Not a stripped-down enterprise tool.
Frequently asked questions
What is invoice chasing software?▼
Do I need Xero or QuickBooks to use invoice chasing software?▼
What is a Letter Before Action?▼
How much does invoice chasing software cost?▼
Can I charge interest on late invoices in the UK?▼
Related guides
Competitor pricing and features are based on publicly available information as of March 2026 and may change. PennyFetch is not affiliated with Chaser, Paidnice, or Satago.
Ready to stop chasing invoices manually?
PennyFetch sends automatic payment reminders, calculates statutory interest, and generates Letters Before Action. Free for up to 5 clients.
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