Managing inventory is a critical task for liquor and convenience stores, as well as other off-premise retailers. Whether it’s a single outlet or a chain, efficiently managing current stock, tracking deliveries, handling invoice payments, and managing item-specific data is essential for operational efficiency.
Fortunately, Modisoft and Fintech provide solutions to streamline these manual back-office operations. The synergy between Modisoft’s inventory management capabilities and Fintech’s automated payment and data solutions fosters a well-orchestrated business environment.
Simplifying Your Invoice Processes
For over three decades, Fintech’s PaymentSource® has been revolutionizing how regulated alcohol invoices are paid and managed for retail businesses. Its Premium level now extends automation to all vendor invoices beyond the alcohol category.
PaymentSource Premium allows for easy back-office data integration, eliminating the need for manual invoice entries. This automation dramatically reduces human errors, avoiding payment duplications and the loss of invoices, which in turn enhances cash flow and optimizes operational efficiency.
Fintech serves as a OneSource® platform for all vendor invoice processing, offering businesses enhanced visibility and control over their accounts payable.
Streamlining Operations with Automated Systems
Modisoft, established in 2005, offers POS hardware and software solutions tailored for convenience store owners. Their user-friendly and efficient systems cover various aspects including back-office operations, inventory and sales management, and financial reporting.
With their Multi-Location Management feature, owners can monitor stock levels across multiple sites in real time, ensuring prompt order fulfillment and accurate inventory counts. Modisoft also provides customized inventory reports, such as Inventory Count, Mark Zero, and Transfer Inventory reports, simplifying stock management.
Moreover, their loyalty program, Cartzie, facilitates online ordering, curbside pickup, and delivery for customers while offering rewards to boost loyalty. For owners, Cartzie enhances foot traffic through promotions and discounts backed by trackable analytics to maximize engagement and revenue.
Leverage the Modisoft and Fintech Partnership for Inventory Excellence
By leveraging the combined strengths of Modisoft and Fintech, off-premises businesses can significantly enhance their alcohol inventory management.
This alliance is particularly beneficial for convenience stores, liquor shops, and grocery stores with heavy delivery volumes, streamlining inventory and payment processes to liberate time and resources for other business aspects.
Click here to learn more about Modisoft and what they have to offer.
