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

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

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

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

In the world of alcohol distribution, where speed, efficiency, and safety intertwine, the adoption of cashless Electronic Funds Transfer (EFT) emerges as a transformative solution. Tryon Distributing, a Fintech distributing partner, is embracing this innovative payment method with its retailers. There are multiple benefits with EFT alcohol invoice

Efficiency in alcohol invoice payments is the cornerstone of a well-operating business in the beverage industry. As the landscape evolves, embracing streamlined payment processes becomes essential for businesses to ensure smooth operations. Utilizing electronic funds transfer (EFT) payment methods like Fintech’s PaymentSource® allows alcohol businesses to optimize accounts

The partnership between Fintech and Sculpture Hospitality leverages over three decades of industry experience from both companies that support bars and restaurants in the hospitality sector. By integrating Fintech’s PaymentSource® with Sculpture’s solutions, retailers gain access to a range of benefits that simplify alcohol inventory and management. Here