Let me start where I usually end: “Best of luck with your American dream. I’m in awe of what you do on a daily basis to serve your customers, employ your staff, and put food on your table. Go get ‘em!” In my previous blogs, I used this
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Let me start where I usually end: “Best of luck with your American dream. I’m in awe of what you do on a daily basis to serve your customers, employ your staff, and put food on your table. Go get ‘em!” In my previous blogs, I used this
General Ledger (GL) coding is a fundamental aspect of accounting that involves assigning unique alphanumeric codes to financial transactions. These codes help categorize transactions into various ledger accounts, such as revenues, expenses, etc. Businesses can implement cost category coding to better understand category spend and to simplify research
Efficient alcohol invoice processing removes bottlenecks imposed by manual accounts payable (AP) workflows. Streamlining your invoice processing can save you time, reduce errors, and improve your bottom line, whether you’re a small bar, a mid-sized restaurant, or a large retail chain. In this blog, we’ll walk you through
Efficiency and accuracy are top priorities in an accounts payable (AP) workflow, especially when dealing with alcohol invoices. The alcohol industry is one of the most heavily regulated sectors, with stringent requirements that vary significantly across regions. Handling these invoices with standard AP automation tools can lead to
In the fast-paced world of business, efficiency is key. Managing invoices and payments can often be cumbersome, and over the years, our clients have continuously asked us when we will expand our invoice processing capabilities beyond just alcohol. Well, that time has arrived. Our new PaymentSource® Premium solution
As a restaurant operator, you need tight control over purchases, payments, stock levels, inventory usage, and cost of sales. This level of control is especially true with alcohol. Fintech and COGS-Well have integrated their applications to offer best-in-class solutions to restaurants for alcohol invoice payments, AP automation, inventory control,
The holiday season is a busy time for the hospitality industry, with an influx of customers looking to celebrate and create lasting memories. However, as the demand for services and staff escalates, many establishments face the challenge of labor shortages. To combat understaffing and ensure a smooth operation
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