Yes.  For a few reasons.  Forty-eight states in the U.S. dictate very specific payment terms for the wholesale of beverage alcohol to retailers. Half of the states require payment at the time of delivery (COD), and the other half allow wholesalers to extend limited credit terms. In nearly

Optimizing your business is an ongoing challenge. There are always new things to adopt, new ways to automate your processes, and new customer personas that create their own pain points and opportunities. Many companies are held back by legacy systems that, while they have worked before, need some

Inventory and invoices are two critical elements of the hospitality business that, when optimized, can revolutionize workflows and increase efficiency. Management software tools like Fintech and Yellow Dog, a food and beverage inventory system, work harmoniously to create a seamless environment where all inventory and invoices are accounted

Whether your business is dealing with a high or low volume of paper invoices, there is a better way to manage the data transfer from each invoice to your back-office or accounting system. Electronic Data Interchange, or EDI, revolutionizes invoice workflows for B2B transactions through automation, freeing up

Ahoy, mateys! Gather ’round as we set sail into the heart of Tampa Bay’s most extravagant and pirate-infested celebration – the Gasparilla Parade and Festival. With its roots deeply embedded in the city’s maritime history, Gasparilla has become an annual spectacle that draws locals and visitors alike to

When it comes to managing business finances, nothing holds more sway than the ebb and flow of cash. For companies aiming to optimize their cash flow, the adoption of automated Accounts Payable (AP) and Accounts Receivable (AR) processes provides unparalleled control over expenses and revenue. In this blog

Last week, we had the pleasure of hosting Columbia Distributing for an onsite visit. The Columbia team traveled down from Oregon to celebrate their success as a distributor utilizing Fintech for alcohol invoice processing and to experience all that Tampa Bay has to offer. We were able to

Managing alcohol invoice payments and reconciliation involves lots of paperwork and tracking for restaurants and bars. However, with the integration of Fintech, a B2B automated alcohol invoice payment solution, and Front Burner, an accounting firm tailored for the hospitality industry, this process becomes much more efficient. Combining Front

In the dynamic world of hospitality, efficient inventory management, streamlined operations, and data-driven decision-making are pivotal to success. There are many third-party services with comprehensive solutions tailored to transform how bars, restaurants, and beverage businesses operate, and combining these services creates a more robust approach to hospitality management.

It’s 2024 – and many businesses still rely on paper checks for B2B payments. Traditional manual accounts payable (AP) and accounts receivable processes (AR) clog up key commercial transactions, especially in the alcohol industry, where there are issues of compliance with state regulations and repetitive manual processes with