Feel bad about charging late fees? Automate them to take the decision making out of each step.
Nagging Panda automatically calculates and applies late fees or interest to overdue invoices, keeping cash flow healthy while staying transparent with customers.
Why
late fees
and interest charges
matter
Encourages On-Time Payments
Customers are more likely to pay faster when they know overdue invoices cost more.
No Manual Work
Late fees and interest are calculated and added automatically.
Push for payment, even if you credit the fee
Sometimes getting a customer to react to an invoice is all you need, then cancel the late fee if you want to.
How it works
Create a late fee or interest template
-
Choose between a flat fee (e.g., R100 per month) or a percentage of the remaining balance (e.g., 5% per month)
Set the rules
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Frequency: Weekly, monthly, or once-off.
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Grace Period: Give customers a set number of days before fees apply.
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Tax Options: Decide if sales tax applies to the fee.
Automatic application
Once an invoice is overdue, the late fee or interest is automatically added and reflected in customer communications.
Track
View and manage all late fee templates in one dashboard, with full history for compliance.
Why businesses love it
Improves cash flow
Late fees push customers to pay before due dates or very soon after.
Zero manual admin
Once set, it runs entirely on autopilot.
New or original invoice
Late fee can be applied as a charge on the original or a new invoice.
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