invoice-payment-automation

Alcohol Invoice Management Simplified

Technology that provides automation can eliminate operational oversight for hospitality businesses. When it comes to alcohol, hospitality businesses go through a large volume of products on a weekly basis, and it can be a burden to input payment and data information for each invoice manually. Fintech is here to help with its automated bev alc management solution.

Fintech’s PaymentSource® platform automates all your alcohol invoice payments, records line-item invoice data, and provides online access to a user-friendly dashboard with downloadable files to integrate your data into back-office inventory and beverage management systems. This automation eliminates the hassle of prepping payments and manual reconciliation.

Simplify State Invoice Payment Regulations with Automation

States each have their own regulations when it comes to alcohol deliveries. Adhering to these regulations can be time-consuming whether you are required to pay at the time of delivery or a later date. Fintech’s alcohol invoice payment automation helps you stay compliant with any applicable state regulations whether you operate one location or one thousand.

 

Save Time with Line-item Invoice Integration

Managers should not have to spend their valuable time in the back office manually entering line-item data into their system. These manual processes open the door to more human error by keying in incorrect numbers or accidental loss of paper invoices. Get back your time through PaymentSource’s automatic line-item integration. All invoice data is seamlessly uploaded to Sculpture and any other back-office or accounting system you use.

 

Gain Knowledge and Confidence with Insightful Data

Automated data insights can help you easily track product price fluctuations and correct costly alcohol ordering habits that eat away at margins. Understanding with confidence which products are being purchased at high volumes across all your locations will arm you with the information you need to work with your vendors on cost consistency to optimize your menu pricing and secure margins efficiently. The all-in-one analytics dashboard makes your job easier and helps improve your business’s overall efficiency and performance.

You can learn more about Fintech’s PaymentSource here.

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