FranConnect Invoice-to-Pay

Easy-to-Use Payment Options for the Franchisee

Franchisors can choose to allow franchisees to manually pay invoices or set-up automatic payments on a scheduled basis. Franchisees can easily pay invoices in their local currency and franchisors will receive payment in their desired currency.

A man uses FranConnect's payment collection software on his desktop
763,8
Invoices Processed Annually

Unprecedented Transaction Transparency

Franchisors will have a birds-eye view of all invoice and payment statuses, 51% of franchisors say incoming payment visibility is critical for budgeting and managing network capital. Tracking payments can be overwhelming for AR teams, exacerbated by disparate tools and difficult payment networks to maneuver. By integrating ‘Invoice to Pay’ solution, FranConnect can support full invoice and payment lifecycles for franchisors and their franchisees. 

Franchise royalty invoice

Automate the Royalty Calculation and Payment Collection Process

After collecting the IFF and opening new units, accounting teams can easily import sales into FranConnect’s Royalty Manager to automate the royalty calculation, invoicing, and payment collection process.

  • Franchisors Get Paid Faster.
  • Prevent Additional Costs and Errors Associated with Manual Processing.
  • Reduce Time in Invoice Reconciliation.
Easily collect payments from franchisees

Easy-to-Use Payment Options for the Franchisee

Franchisors can choose to allow franchisees to manually pay invoices or set-up automatic payments on a scheduled basis. Franchisees can easily pay invoices in their local currency and franchisors will receive payment in their desired currency.

  • Supports ALL Types of Payment Methods (ACH, Credit Card, Wire Transfers, and Alternate Payment Methods or EFTs).
  • Perfect for Both Domestic and International Clients. Offer Local Payment Options and Collect in 140+ Currencies and 240+ Countries.
Easily collect payments from franchisees
Screenshot of FranConnect's payment software

Unprecedented Transaction Transparency

Franchisors will have a birds-eye view of all invoice and payment statuses, 51% of franchisors say incoming payment visibility is critical for budgeting and managing network capital. Tracking payments can be overwhelming for AR teams, exacerbated by disparate tools and difficult payment networks to maneuver. By integrating ‘Invoice to Pay’ solution, FranConnect can support full invoice and payment lifecycles for franchisors and their franchisees.

Learn why FranConnect customers grow 44% faster and outperform their competitors