By Jordan Grim
Flywire announced Thursday, October 16, that it has expanded its partnership with Workday, integrating Flywire’s payments and student financial software with Workday Student, according to a joint release.
The integration allows higher-education institutions using Workday Student, a platform that manages registration, billing, and financial aid, to process student payments directly within the system. Flywire, now a Workday Certified provider, stated that the collaboration will streamline billing, reduce administrative complexity, and support payments in multiple currencies without significant IT investment. Institutions can also provide hundreds of localized payment methods through Flywire’s global network, synchronized in real time via its APIs.
The system includes Flywire’s Student Financial Software (SFS) to automate payment plans and manage overdue collections. Transactions and updates post automatically within Workday Student, improving transparency in account balances and reconciliation. Flywire mentioned that this integration can reduce billing and payment inquiries by up to 40%.
The company’s platform also supports 529 plan disbursements, automating cashiering and removing paper checks while keeping student accounts current. Flywire currently serves over 4,800 clients across 240 countries and territories, supporting more than 140 currencie
David King, Flywire’s Chief Technology Officer, said that the integration offers transparency, convenience, and security for both institutions and students. Amherst College, one of the early adopters, reported faster reconciliation and fewer manual interventions after implementation.
For students and families, this integrated experience provides a unified portal for viewing balances and completing payments, reducing administrative queries. Workday Student consolidates academic records, financial aid, billing, and advising in one system, with embedded payments designed to eliminate data silos.
The partnership builds on Flywire’s continued efforts to strengthen its position in education payments. In September, the company launched a solution to streamline U.K. student loan payments, enhancing automation and compliance for universities collaborating with government lenders, as reported by PYMNTS.
The update also follows PYMNTS’ report that college administrators spend more than half of their time managing unpaid tuition, underlining the urgency of upgrading outdated billing and reconciliation systems. Streamlined digital solutions like the Flywire and Workday Student integration are seen as essential to improving cash flow management, reducing administrative overhead, and enhancing the overall student financial experience.