Core Insights - Flywire Corporation has expanded its partnership with Workday, integrating its payment and software platform with Workday Student to enhance the management of student payments for higher education institutions [1][3] Group 1: Integration Benefits - The integration streamlines billing and payment processes for institutions using Workday Student, improving administrative efficiency and reducing manual work [1][2] - Flywire's integration allows institutions to offer a wide range of payment options directly within the Workday Student interface, enhancing the payment experience for students and families [3][4] - Real-time data synchronization ensures that students and families have access to the most current account information, significantly reducing billing inquiries to administrative teams by up to 40% [4][5] Group 2: Enhanced Features - Flywire's solution includes automatic posting of payment updates back to Workday Student, providing administrators with a comprehensive view of student financial activity [5] - The integration supports 529 disbursements, automating payment processing and improving efficiency by eliminating the need for paper checks [5] - Flywire offers around-the-clock multilingual support in over 30 languages, enhancing the service experience for students and institutions [7] Group 3: User Experience Improvements - Customized payment portals capture all relevant student identification data, ensuring accurate identification of payments received [8] - The streamlined student experience allows students to view their account balance and make payments in a single workflow, reducing inquiries [8] - The integration has led to faster reconciliation and fewer manual interventions, improving the overall payment experience for students [9]

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