Imagine a way that off-premises businesses could quickly identify price changes by distributor, by location, and all the way down to product SKU that would allow them to make decisions faster which ultimately helps protect the margins they are trying to achieve. Fintech’s Margin Protection can do just
What is EDI Technology? EDI technology is the “intercompany communication of business documents in a standard format,” according to IBM. Put simply, it is an electronic format replacing paper-based documents like purchase orders and invoices. Fintech’s PaymentSource® has EDI functionality that connects your alcohol line-item invoice data to
Restaurants are gearing up for the busy holiday season. In preparation, operators are looking for areas to make improvements, considering rising labor demand, costs, and competition. Managers can improve operations by implementing tech solutions that automate manual tasks and drive higher return on investment (ROI). Operators may think
September is “Bourbon Heritage Month,” and as America’s native spirit, it is certainly worth celebrating. The iconic spirit is rich in history and also quite successful in terms of revenue, volume, and exports within the U.S. spirits market. Let’s toast to bourbon and go over some of its
Whether you view alcohol as a way to boost foot traffic into your business, enhance the customer experience, or increase your profit margins, it is crucial to have an efficient and accurate system to manage alcohol purchase orders (POs) and expenses. Selling alcohol, especially successfully, comes with no
Running a business with 50+ locations comes with its own set of unique challenges. Between creating a consistently positive customer experience, managing orders across locations, and keeping margins intact, it can be incredibly difficult to manage your business portfolio while ensuring each key area is being addressed properly.
From the Desk of Richard Blau – Alcohol Beverage Section Chair, Gray Robinson, P.A. The Tennessee Attorney General last month filed a federal lawsuit to immediately stop the flow of illegal liquor shipments facilitated by six unlicensed out-of-state defendants. The lawsuit, filed in the United States District Court
This blog was updated on 8/9/24. Producing beer or wine at home is a popular hobby for many, with some legally giving away their home brews to friends and family of legal drinking age. When it comes to distilling spirits at home, the laws are much stricter. Despite
One of the best things about Fintech is the culture instilled throughout the company. Our Culture Club does a fantastic job of putting together different events that give Fintechers the opportunity to relax, mingle with other departments, and celebrate company milestones. As we are about halfway through
You already know Fintech for its contributions to optimizing the three-tier system through automated alcohol invoice payments. With Fintech, invoice payments are made on time, every time, and businesses also enjoy seamless line-item data integration into their back-office system. Now, we are excited to bring those time-saving capabilities
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