Flywire, a global payments enablement and software company, has acquired Invoiced, a SaaS platform that automates the order-to-cash process for B2B finance teams. This strategic move aims to enhance Flywire’s B2B payments capabilities by integrating Invoiced’s invoicing software.
Invoiced’s technology automates accounts receivable processes, managing invoices, communicating with payers and reconciling payments with major ERP systems such as Oracle’s NetSuite and Microsoft Business Dynamics. Flywire integrates its proprietary payments network and vertical-specific software with businesses’ existing accounts receivable workflows, working to optimize payment experiences and reduce operational challenges.
By merging with Flywire’s global payment network, which supports over 140 currencies in 240 countries, Invoiced’s integration is expected to deliver a comprehensive solution combining software and payments to streamline finance department workflows worldwide.
