What's the difference between Owed and Chaser?

Chaser is built for mid-market companies and starts at £199/month with annual contracts. Owed is built for sole traders, freelancers and small businesses at £29/month with no contracts. Both connect to Xero and automate invoice chasing.

Is Chaser worth £199/month?

If you're a finance team at a mid-market company juggling hundreds of invoices and need debtor management, payment portals and CRM integrations, yes. If you're a sole trader with 20 invoices a month, you're paying for features you'll never use.

Does Owed include the Recovery Promise?

Yes. If Owed doesn't recover at least 5x your subscription cost (£435) in 90 days, your next 3 months are free. It's applied automatically. Chaser does not offer an equivalent guarantee.

Compare

Owed vs Chaser: which one is right for you?

Chaser is the UK market leader in invoice chasing software. It’s genuinely good. But it’s priced and built for mid-market finance teams — not the sole traders and freelancers who need this tool the most. Here’s an honest comparison.

Side by side

	Owed	Chaser
Price	£29/month flat	From £199/month (Compact)
Invoice limits	Unlimited	Revenue / volume tiered
Contract	Cancel anytime	Annual commitment for best price
Statutory interest (UK)	Calculated & included automatically	Manual / not built-in
Recovery promise	5× your sub in 90 days, or 3 months free	None
Setup	2 minutes — self serve	Sales demo required
Target market	Sole traders, freelancers, micro businesses	Mid-market companies & finance teams

When to choose Chaser

Chaser is genuinely the right choice if you have a dedicated finance person, hundreds of invoices a month, complex debtor management workflows, multiple users with role-based permissions, and a budget for finance software. Their payment portals, CRM integrations, and credit-control workflows are mature and well-built. If that’s you, sign up for a Chaser demo — you’ll get value out of it.

When to choose Owed

Owed is for the people Chaser left behind. You’re a freelancer, a consultant, a tradesperson, a designer, a sole director Ltd. You send a few dozen invoices a month. You don’t have a finance team — you are the finance team. The thought of paying £199/month for chase software when you’re currently chasing for free (badly) is laughable.

It costs £29/month, not £199

A flat monthly fee with no contract. Roughly one chased invoice a year covers your subscription forever.

Set it up in two minutes, alone

Connect Xero, choose your tone, and Owed starts working. No demo calls. No onboarding sessions. No five-step approval workflow.

Statutory interest baked in

Owed automatically calculates the interest you’re owed under the Late Payment of Commercial Debts Act 1998 and weaves it (politely) into the later stages of your chase sequence.

Relationship-safe by default

Most of our users are repeat-business operators where one wrong email could lose a client. Our 4-stage sequence is firm but warm — it sounds like you wrote it yourself.

The verdict

Chaser for mid-market. Owed for everyone else.

Both tools do the core job well. The difference is who they’re built for, what they cost, and whether you have to talk to a salesperson before you can try them. If you’re a sole trader or small business, Owed is the obvious answer — and we’ll back it with our 5× Recovery Promise.

Try the simpler alternative.

Start free trial — 14 days

£29/month · No card needed · Cancel anytime