A partnership built to support complex transactions - from setting up initial payments, to managing ongoing royalty fees
FranConnect users can now access Flywire directly within the FranConnect platform for key payment flows – bringing best-in-class payment processing to more than 1,500 brands.
Make the most of your payment process
Brands leverage FranConnect to manage sales, operations, finance, support and marketing in a single, shared view for their franchise business. Flywire’s direct integration helps franchisors easily collect contract fees on time with full payment transparency.
Franchisor requests signature from Franchisee in FranConnect
Franchisee receives contract via email
Franchisee signs IFA and is presented with a payment link
Franchisee is presented with the Flywire payment experience
Deposit & reconciliation
Funds are reconciled and deposited into Franchisor’s account
We’re thrilled to partner with Flywire and integrate their B2B payments platform into our marketplace.
Our brands leverage the FranConnect platform for everything from unit sales and territory development, to brand consistency, performance management, and royalty management but a critical missing piece is providing a seamless payment experience, for everything from set-up fees to managing ongoing royalty fees. Flywire enables us to meet that need, and our users will look to their payments capabilities to help them open-up new growth areas both domestically and abroad.
Brands experience the following benefits through the Flywire + FranConnect integration
Full visibility into AR payment flow
Shorter collections cycle
Reduction in days sales outstanding
Lower international processing costs
My experience with global remittances before Flywire was characterized by payments being a number of days late, being hit with hidden fees, and managing a difficult reconciliation process.
Working with and incorporating Flywire as the payment option has been a productivity improvement for my partners, as well as a clear path to timely and financial clarity for all involved.
Get a demo
Talk with Flywire’s B2B team today