Keeping up with increasing volumes in a globalized economy
Royalties and licensing payments are notoriously hard to execute and track, particularly in a globalized economy. New delivery channels and global distribution for intellectual property and licenses across a wide range of industries add complexity to the process. Antiquated payment methods (including paper checks) slow the process down, and as payment volumes increase, the challenges become even greater.
Limited payment methods and the inability to pay IP holders and licensors in their local currencies
Inefficient processes, high fees and administrative costs
Irregular scheduling and manual payment methods make it difficult for parties to track
Data security and individual privacy concerns
The right global payments partner can help streamline your royalty payments processes, reduce errors, increase efficiency and boost your growth.
The AFEX advantage
Our solutions put the world of global payments at your fingertips, directly from your ERP or accounting platform. Whether you are scheduling ten payments or ten thousand, we can create a solution customized to you.
State-of-the-art technology solutions:
Our solutions are supported by our global payments and risk management expertise and our long heritage of personalized service.
Our account management and tech teams collaborate with yours from planning through integration and beyond.
The AFEX Solution
Unmatched payments infrastructure
Global banking network facilitates rapid, secure delivery of more than 100 currencies to 180 countries
Comprehensive licensing and regulatory framework
Our established framework and compliance expertise help you scale your operations
Automate manual processes
Our systems automate beneficiary management, reconciliation and reporting, saving time and reducing errors
Seamless project management with end-to-end support ensures speed to market
Robust payments rails
Multi-currency capability and extensive rails for high volumes of payables and receivables allow you to offer more payment methods and currencies
Security and data protection
Sensitive data is securely stored using the latest industry standards in encryption, transmission protocols, and data privacy regulations