What is EasyInterest?

EasyInterest is an intuitive and efficient tool developed specifically to assist small business owners in managing late payments by automating the calculation and application of interest on overdue invoices. Traditionally, manually calculating interest can be tedious, error-prone, and time-consuming, but EasyInterest streamlines this task to be completed in under 15 minutes. The software integrates in real-time with widely used accounting systems such as Xero Accounting and Sage Cloud Accounting South Africa, ensuring data accuracy and workflow continuity. It offers flexibility by allowing users to set custom interest rates tailored to their specific business requirements. Charges can be applied in bulk, which significantly reduces the administrative burden when managing multiple overdue accounts. EasyInterest also enables quick reversal of previously applied interest, providing full control over billing adjustments. The tool’s user-friendly interface is designed to be accessible to users without advanced accounting knowledge, making it ideal for small businesses. By automating late payment processes, EasyInterest helps improve cash flow and reduces time spent on financial administration. Its seamless syncing and efficient features make it a reliable addition to any business’s financial toolkit. Overall, EasyInterest empowers business owners to manage overdue payments with ease and precision.

Pricing

Price Starts At:
$11/month
Free Trial Offered?:
Yes

Screenshots and Video

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Company Facts

Company Name:
EasyInterest
Date Founded:
2022
Company Location:
South Africa
Company Website:
www.easyinterest.co.za/
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Product Details

Deployment
SaaS
Training Options
Video Library
Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

EasyInterest Categories and Features

EasyInterest Customer Reviews

Write a Review
  • Reviewer Name: Neall S.
    Position: Director
    Has used product for: 1-2 Years
    Uses the product: Monthly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Makes applying interest on overdue accounts a breeze!

    Date: Jun 19 2025
    Summary

    This software has automated and simplified our process of adding interest to our overdue accounts. I would definitely recommend it.

    Positive

    The system is simple and easy to set up. It takes less than 5 minutes from signup to applying interest to overdue accounts.
    It fully integrates with Xero which means the entire process is automated.

    Negative

    There are some features that would be nice to have, but they do not detract from the main point of using the product.

    Read More...
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