Featured Blog: The Dos and Don’ts of Alcohol Invoice Processing

mardi gras

8 Mardi Gras Cocktails From Around The Country

Happy Mardi Gras! The famous celebration captures the nation’s attention with parades, traditional costumes, beads, floats, and plenty of imbibing. While most of the celebrations take place in the southeast, you can find Mardi Gras activities around the country. We’ve compiled some regional Mardi Gras cocktail recipes so

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eft vendor alcohol invoice

Things to Look for When Choosing Your EFT Payment Provider

The Michigan Liquor Control Commission’s mandate requiring electronic funds transfer (EFT) payment for all beer and wine distributors is just weeks away. Hotels, restaurants, and bars must set up automated EFT payment capabilities before the March 31 deadline to avoid interruptions with their alcohol deliveries. Hotels, restaurants, and

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Colorado Off-Prem Beer Licensees Will Soon Be Able To Sell Wine

Colorado beer off-premises licensees will be able to begin selling wine starting March 31, 2023. Learn more about the legislative change and its impact here.
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Michigan requiring EFT payments for beer, wine, and mixed spirit wholesale transactions

New Michigan Administrative Order Mandates EFT Payments for Beer & Wine Wholesale Transactions.

  Big news! Last week, on January 19, the Michigan Liquor Control Commission issued ADMINISTRATIVE ORDER NO. 2023-01, requiring all wholesale beer and wine deliveries to retailers to be paid by electronic funds transfer (EFT). The requirement will go into effect on March 31, 2023, following a similar

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Fintech can be your best employee

Meet Your Next Best Employee – Fintech!

  Staffing issues? Tell us about it! If your business is dealing with labor shortages, increased wages, and unreliable employees, it can be daunting to try and maintain a positive customer experience because you are bogged down with time-consuming manual tasks. A recent survey of on-premises retailers asked

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dry january

10 Years of Dry January and the Rise of Non-Alcoholic Options in the Bev Alc Space

Dry January is a popular phenomenon nationwide. Let's examine how it came to be and how non-alcoholic products are performing in the bev alc market.
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invoice data

Alcohol Business Management Made Simple – The Benefits of Invoice Data Integration or Receiving an Invoice Data File

Alcohol businesses thrive with proper inventory and invoice management. These two procedures are important to help ensure your alcohol investment yields a positive return and keep your monthly P&L statements accurate and balanced. Maintaining these important functions typically starts with someone manually entering alcohol invoice information into their

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RTDs

RTDs and Canned Cocktails Seeing Continued Market Growth

Fintech's Competitive Market Analysis tracks performance data on RTDs and other canned cocktails. Our blog has more insights.
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data mapping

Using Data Mapping to Protect Alcohol Margins and Capitalize on New Product Channels

Alcohol retailers can use data mapping to increase operational efficiency and highlight how to capitalize on product buys to protect margins.
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eft payments

The Benefits of Using EFT Payments for Alcohol Deliveries

Alcohol businesses are required to pay for deliveries according to state regulatory laws. Payment terms typically mandate: COD (cash on delivery), meaning payment for the alcohol is made at the time of delivery or; Payments on specific dates of the month (for example, the 15th and 30th) or;

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