Credit control software costs from about £8 a month for a statement-only add-on to £899 a month for a full UK credit control platform. Most small business tools with automated chasing publish prices between £45 and £200 a month. Larger platforms charge per user or by revenue band, and several quote only. Xero and QuickBooks Online include basic invoice reminders at no extra cost.
In short
- Statement and reminder add-ons: £8 to £40 a month (Statey).
- Small business credit control: £45 to £199 a month to start (Chaser, in2 collect, Paidnice, Satago).
- Mid-market and enterprise platforms: $650 per user a month (Kolleno) or quote only (Upflow, Invoiced, Tesorio, ezyCollect, CreditorWatch Collect).
What does each credit control tool cost?
Entry prices for the eleven tools run from £8 a month (Statey) to $650 per user a month (Kolleno), and five of the eleven publish no price.
Every price below is the entry price on the vendor’s own pricing page or its Xero App Store listing, per month, before VAT and add-ons. Tools are listed in no ranked order.
| Tool | Entry price | What the price counts | Higher tiers |
|---|---|---|---|
| Chaser | £199 a month (Compact) | Company turnover: under £4m on Compact, 4 users | £599 (Core, under £10m), £899 (Complete, under £100m), Custom above £100m |
| CreditorWatch Collect | Quote only | Not published | Not published |
| Paidnice | £49 / $69 a month (Essentials) | Invoices: up to 150 a month | Pro from $99 a month for 300 invoices, up to $799 for 4,000; Custom from $999 |
| ezyCollect | Quote only | Not published | Not published |
| in2 collect | £79 a month (Starter) | Up to 200 invoices a month | £179 (Growth, unlimited invoices), £349 (Scale) |
| Invoiced | Quote only | Not published | Not published |
| Kolleno | $650 per user a month (BusinessPay) | Users, with a turnover floor above $1m | $1,245 per user (Business Plus, 2-user minimum); Enterprise custom |
| Satago | £45 a month (Basic) | Credit reports and reminders included | £80 (Premium), £200 (Platinum) |
| Statey | £8 a month (Starter) | Per Xero organisation, statements only | £18 (Standard), £40 (Pro) |
| Tesorio | Quote only | Not published | Not published |
| Upflow | Quote only | Revenue and invoice volume bands, from $10m and 40,000 invoices a year | Four more bands to $100m and above |
Kolleno shows prices in the visitor’s currency; the figures above are its US dollar prices. Upflow’s last published prices were $440 a month (Grow) and $880 a month (Scale); its current page prints no figure. Chaser also publishes US dollar prices, from $259 a month. Check current pricing with the vendor.
What do the price bands buy?
Credit control price follows what the tool does after an invoice goes overdue: statement add-ons cost £8 to £40 a month, small business credit control £45 to £199, and platforms $650 per user or more. A statement add-on sends statements. A credit control tool chases, escalates and often adds late fees. A platform adds cash application, forecasting and team workflows.
| Band | Typical monthly price | What you get | Examples |
|---|---|---|---|
| Built into your ledger | Included in the plan | Scheduled invoice reminders from Xero or QuickBooks Online | Xero invoice reminders, QuickBooks Online reminders |
| Statement add-on | £8 to £40 | Scheduled customer statements with aging | Statey |
| Small business credit control | £45 to £199 | Automated email and SMS chasing, customer portal, often late fees or credit checks | Chaser Compact, in2 collect, Paidnice, Satago |
| Mid-market credit control | £349 to £899 | Unlimited users, multi-entity, more channels, account management | in2 collect Scale, Chaser Core and Complete |
| AR platform | $650 per user and up, or quote | Cash application, forecasting, AI agents, ERP integrations | Kolleno, Upflow, Invoiced, Tesorio |
How do credit control tools charge?
Credit control vendors use four meters: company turnover, invoice volume, users and quotes. The meter decides what you pay as the business grows.
- By company turnover (Chaser). The price steps up when annual turnover crosses £4m, £10m and £100m, even if the number of invoices stays the same.
- By invoice volume (Paidnice, in2 collect Starter). The price follows how many invoices you send each month.
- Per user (Kolleno). Each person on the AR team adds a seat, with a turnover floor on each tier.
- By quote (Upflow, Invoiced, Tesorio, ezyCollect, CreditorWatch Collect). The vendor sets the price after a sales call, usually by revenue or invoice volume band.
A flat tier with included credits (Satago, Statey) sits between these: the price is fixed, and the tier sets how many credit reports, SMS messages or schedules you get.
How much does credit control software cost for a small business?
A UK small business that wants automated chasing usually pays £45 to £199 a month for the entry tier, as the price table above shows. The meter decides how each tool’s price changes as you grow: a turnover meter rises with revenue, and an invoice meter rises with invoice count. If you only need reminders, the ones built into Xero and QuickBooks Online cost nothing extra.
Is the software worth the price?
Credit control software is worth its price when it costs less than the staff time spent chasing by hand: 86 hours a year on average for a business affected by late payment, per London Economics for the UK government. Late payment costs the UK economy almost £11 billion a year. Enter your own quote, DSO and staff hours into the accounts receivable ROI calculator to get the payback in months.
The other side of the sum is what the software can recover. A UK supplier can claim statutory interest at 8% above the Bank of England base rate under the Late Payment of Commercial Debts (Interest) Act 1998. With the base rate at 3.75%, that is 11.75% a year, plus a fixed sum of £40, £70 or £100 per invoice. Tools that add this charge automatically can recover part of their own cost on accounts that pay late.
What costs are not in the headline price?
Five costs can sit outside a headline price: SMS and call credits, setup and onboarding, payment fees, extra entities and integrations.
- SMS and call credits. Chaser, Satago and Kolleno include a set number of SMS or calls per tier; more messages cost extra.
- Setup and onboarding. Some enterprise tiers include onboarding hours; others charge for implementation.
- Payments. Payment add-ons charge transaction fees. Upflow Payments publishes a $390 a month platform fee plus card and ACH fees.
- Extra entities. Multi-entity support is often a higher tier or a per-entity add-on.
- Integrations. Kolleno states that integrations, customisations and add-ons may carry extra charges.
Common questions
How much does credit control software cost per month?
Credit control software costs from about £8 a month for a statement add-on such as Statey to £899 a month for Chaser Complete. Most small business tools with automated chasing start between £45 and £199 a month. Platforms for larger AR teams charge per user, such as Kolleno at $650 per user, or quote only.
What is the cheapest credit control software?
The lowest-cost option is the reminder feature built into Xero or QuickBooks Online, which costs nothing beyond your accounting plan. Paid tools with automated chasing start at £49 a month (Paidnice) and £45 a month (Satago). Statey costs £8 a month but sends statements only.
Why do some credit control tools not publish prices?
Tools that sell to mid-market and enterprise finance teams, such as Upflow, Invoiced and Tesorio, price by quote. The quote usually depends on revenue band, invoice volume and integrations. Upflow last published $440 and $880 a month for its Grow and Scale tiers before it moved to quote-only pricing.
Is Xero’s invoice reminder feature free?
Invoice reminders are part of Xero’s invoicing features and cost nothing beyond the Xero subscription, against £45 to £199 a month for paid tools with automated chasing. They send scheduled emails before or after the due date. They do not add late fees, send SMS or escalate by customer group, which is the gap that paid credit control tools fill.
Do credit control tools charge by turnover?
Some credit control tools charge by turnover: Chaser prices by company turnover, with tiers under £4m, £10m and £100m. Kolleno sets a turnover floor on each per-user tier. Paidnice and in2 collect’s Starter tier charge by invoice volume instead, and Satago and Statey charge a flat monthly fee per tier.
Sources
- Vendor prices: the pricing page of each vendor (Chaser, in2 collect, Paidnice, Kolleno, Satago, Upflow) and the Xero App Store listing for Statey.
- London Economics for the Department for Business and Trade and the Office of the Small Business Commissioner, Late payments research: impact on the UK economy.
- GOV.UK, Largest crackdown on late payments in over 25 years, for the £11 billion figure.
- Late Payment of Commercial Debts (Interest) Act 1998 and the Bank of England Bank Rate.
No vendor paid to appear on this page. Prices change: check current pricing with the vendor before you buy.
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