Case Study: SEVO Systems eliminates international wire fees and accelerates payments with Flywire

Sevo Systems - Customer Case Study

Sevo Systems, a global manufacturer of waterless fire protection products (using 3M™ Novec™ 1230 Fire Protection Fluid) with distribution in more than 55 countries, faced costly incoming wire fees, short payments from customers who deducted bank and exchange fees, unreconciled receipts that created heavy A/R workload, and long days sales outstanding (DSO). To address these cross-border payment challenges they implemented Flywire’s international payments platform.

Flywire eliminated incoming wire fees, ensured Sevo Systems receives 100% of invoiced amounts by accounting for fees and exchange rates, and provided an administrative dashboard to identify, match, and track every international payment—significantly reducing manual reconciliation and accelerating cash collection to cut DSO. Flywire’s easy, free setup and polished payment portal also improved the customer payment experience and visibility for Sevo Systems.

Sevo Systems

Meghan Lovetere

Finance Manager