Trying to manage the complexities of collecting international receivables alone costs good businesses:
Revenue
76% of financial professionals we surveyed said their company has lost money because of time spent dealing with accounts receivables – the majority between 4-5% of revenue.
Time
Half of financial professionals spend 6-10 hours a month on payments that could be spent on strategy.
Growth opportunities
88% think the complexities of collecting cross-border payments impacts their ability to grow.
Are you doing everything you can to free up working capital in an economic environment where CFO concerns over monetary policy and demand and revenue are high?
To run a global business, you need more than a pay button. You need a partner who can link payments seamlessly into your order to cash process on a global scale.
With Flywire, your business can:
Provide 140+ different currency options, and digital and local payment methods, without introducing FX risk to your business.
Support payments-related questions with around-the-clock, multilingual support for 30+ languages.
Scale payments processing capabilities to places where payments can be challenging to collect, such as China, India, Nepal and countries in Latin America and Africa.
Increase revenue and customer loyalty with an improved payer experience and wider global reach.