The Fintech Blog
Explore the Fintech blog for expert insights on Accounts Payable and Accounts Receivable automation, Lilypad CRM, and Scan-Based Trading.
Stay ahead in retail, hospitality, and financial automation with the latest trends, best practices, and industry innovations.
- Categories: Data, Distributors, Insights/Trends, Partnerships, Retailers
- Categories: Accounting, AP Automation, Automation, General, Hospitality, Payments, Retailers
- Categories: Accounting, AP Automation, Automation, General, Hospitality, Payments, Regulations, Retailers
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
- Categories: AP Automation, Automation, Hospitality, Payments, Retailers
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
- Categories: AP Automation, Automation, General, Payments
This is the fourth post in a PaymentSource Premium series, exploring the business case for automating your accounts payable (AP) to manage all invoices, not just the alcohol ones, in one place. As automation has transformed your personal and in-office life, so too have your accounts payable (AP)
- Categories: AP Automation, General, Retailers
This is the third post in a PaymentSource Premium series, exploring the business case for automating your accounts payable (AP) to manage all invoices, not just the alcohol ones, in one place. Today’s ultra-competitive business world demands efficiency at every turn. Capturing line-item details is one area where
- Categories: AP Automation, Automation, General, Payments
Effective invoice management is a cornerstone of operational efficiency. Businesses frequently receive invoices for goods, services, and operating supplies. Keeping track of this high volume of invoices requires proactive accounts payable (AP) solutions for invoice payment and data capture. Multiple challenges can arise if there is no clear
- Categories: General, Insights/Trends, Regulations
- Categories: AP Automation, Automation, General
This is the second post in a PaymentSource Premium series, exploring the business case for automating your accounts payable (AP) to manage all invoices, not just the alcohol ones, in one place. How does automation impact your life at work? Does it make your life easier or give
- Categories: Accounting, AP Automation, Automation, Drinking Buddies, General, Hospitality, Partnerships, Retailers
- Categories: AP Automation, Automation, General
This is the first post in a PaymentSource Premium series, exploring the business case for automating your accounts payable (AP) to manage all invoices, not just the alcohol ones, in one place. There is no getting away from it: technology has become vital to almost every aspect of
- Categories: Accounting, Automation, General, Hospitality, Partnerships, Payments, Retailers
- Categories: Automation, General, Hospitality, Partnerships, Payments
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,
- Categories: Data, Distributors, General, Insights/Trends, Retailers, Suppliers
Every business collects, stores, and analyzes data. Our customers receive many invoices daily, each containing vital data that informs accurate inventory counts and purchasing decisions to maintain margins. Businesses use tools like accounting or back-office systems to keep track of the constant influx of invoice data, but that
- Categories: Automation, Convenience Stores, General, Partnerships, Payments, Retailers
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
- Categories: General, Lilypad CRM, Suppliers
Switching to a new CRM may seem like a daunting task, leaving suppliers hesitant to do so with such a high volume of account contacts and associated data. Lilypad offers a convenient workaround with its account data import tool, streamlining the account contact migration process. This feature simplifies
- Categories: Automation, Convenience Stores, General, Payments, Retailers
When it comes to alcohol businesses, suppliers are looking to drive as many sales as possible. There are many ways to find new accounts, such as a route accounting system (RAS) that comes from distributor depletion data. Some suppliers, including those just starting out, may not have access