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.
Franchisee receives contract via email
Deposit & reconciliation
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.
Learn more about our integrated solution and how we can eliminate costly payment infrastructure, so you stay focused on fostering franchisee relationships and business development.
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.