Automatic late invoice chasing and statutory interest enforcement for UK freelancers and SMEs
Eliminate Contract Risks with AI Automation
Stage
Not given
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Founded
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Based in
GB
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Pricing model
Free trial
Paid
Pricing
Monthly: £3.99/month (cancel anytime, no lock-in). Annual: £34.99/year (saves 27%). 6-week free trial, no credit card required.
Basic: $29/mo (30 Contract Uploads, 30 Contract Generations, 10 Risks Analysis per Contract, 10 Solutions per Contract, Up to 50 MB per Contract Upload, Up to 30 Pages per Contract); Pro: $59/mo (All features of Basic Plan, 70 Contract Uploads, 70 Contract Generations, 30 Risks Analysis per Contract
Key features
Automated escalating chase emails with optional statutory interest and recovery fees
Interest tracking calculated daily at 8% above Bank of England base rate
Fixed debt recovery costs (£40–£100 based on invoice value)
Eight-stage chase sequence over 30 days, then monthly reminders
Letter Before Action automatically drafted at 30 days overdue
User confirmation step before every chase email is sent
Invoice creation and import from purchase orders
Consolidated statements for clients with multiple overdue invoices
Dispute resolution with automatic pause and resume of chasing
Option to chase without adding penalties on specific invoices
Contract risk prediction using AI models trained on millions of data points
Contract summarization
Automated risk analysis across multiple industries
Contract upload and processing
Risk solutions and mitigation guidance
Access to lawyer marketplace for expert legal assistance
Data security with latest technologies
What makes it different
Acts as an outsourced accounts department so clients receive formal notices from a third party, not the freelancer personally
Automatically enforces statutory rights under UK Late Payment Act that most freelancers don't claim
Every email is confirmed by the user before sending, maintaining complete control
Tracks interest and charges to the day with automatic daily recalculation
One recovered late payment fee typically covers a full year's subscription
Built specifically for MSMEs with affordable transparent pricing
AI models trained on millions of data points for high accuracy
Covers risk analysis across diverse industries including finance and healthcare
Integrated lawyer marketplace for expert legal support
Hielda
OutRiskAI