Everything Le Frac does.
From the invoice to money in the bank: issue, remind, collect, receive, forecast. For UK companies and companies in France.
UK invoices, checked before they go out.
- In pounds sterling, with the UK VAT detailsEach invoice is checked against HMRC’s VAT invoice requirements before it is numbered, then sent by email as a PDF and archived with a fingerprint. Not VAT-registered? Le Frac issues it without VAT.
- France tooFor invoices in France, Le Frac sends the e-invoice to an approved platform (French “plateforme agréée”), which delivers it to your client.
Reminders written for UK law.
- The right moment, the right toneA reminder before the due date, then follow-ups in your company’s name. Between businesses, statutory interest and fixed compensation under the Late Payment of Commercial Debts (Interest) Act 1998 can be worked out, if you choose to claim them.
- Up to the last letter before courtAt the last step: a letter before action for a company, or a Letter of Claim under the Pre-Action Protocol for Debt Claims for a sole trader or an individual, ready for you to post. The details for a Money Claim Online can be prepared too; you file the claim yourself.
- They stop on their ownInvoice paid or disputed: the reminders stop. Nobody gets a reminder they don’t deserve.
A payment page for every invoice.
- Your Faster Payments detailsYour client sees your account name, sort code and account number, the amount and the invoice number to use as the reference, each ready to copy.
Coming soon Card payment and direct debit for UK companies: not available yet.
All the invoices you receive, in one place.
- Approve, dispute or refuseYour suppliers’ e-invoices arrive through the platform. You reply with the official reasons, in one click.
- Pay in one batch transferSelect the invoices to pay: Le Frac prepares a single transfer file for your bank.
- Scan your receiptsTake a photo with your phone: Le Frac reads the supplier, date, amounts and VAT. You check it, and it’s filed.
What’s coming in, week by week.
- An expected payment date for every invoiceBased on each client’s actual habits, not on the due date printed on the invoice.
- An 8-week planExpected collections minus supplier invoices to pay. An alert if the forecast balance drops below zero.
Your reports to the French tax authority, prepared.
- Your VAT regime’s scheduleLe Frac knows when to send, based on your French VAT regime, and warns you before each deadline.
- Checked dataSales to consumers, sales abroad, payments received: the data is prepared and checked before it is sent.
Your accountant has what they need.
- FEC export (France)For companies in France: the sales, credit note and payment journal in the FEC format French accounting software expects.
Coming soon Import from Xero and QuickBooks: coming soon.
The other tools.
Quotes signed online
The client accepts online, the deposit is invoiced, and the final invoice deducts it.
Client portal
Your clients find their invoices and can message you in one place.
Check a French client
French company directory and BODACC notices (French official gazette of commercial announcements), before you give credit.
Bank reconciliation
Import your statement (CAMT.053, OFX or CSV): payments are matched.
Delivery notes
Signed online by the client on delivery, then invoiced.
Import from your old tool
Clients and open invoices, from a CSV export.
Automatic reminders from €19 a month, excl. VAT.
Prices in euros. Subscription paid by card or SEPA Direct Debit.