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.
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;
Let’s face the facts, the off-premise world is a tough environment for suppliers. Everyone is competing for prime shelf space to boost their sales and meet their business targets. Simply pitching chain retailers about the quality of your product is not enough to make your brand relevant. So,
- Categories: Accounting, General, Payments, Retailers
Streamline Alcohol Invoice Payments with the Leading Technology Provider for the Bev Alc Industry PaymentSource® is a smarter way to manage your alcohol by transforming manual processes into automated invoice payments and seamless alcohol data integrations that not only save time but also grow your bottom line. With
- Categories: General, Regulations
Businesses with a Class C license will see a significant change to alcohol distribution laws starting January 1, 2023. Iowa’s Senate Bill 2374 will allow bars, restaurants, and other establishments with a Class C license to purchase up to five cases of either beer or RTD cocktails from
Economic factors are influencing the CStore sector. How can convenience stores pivot to keep margins intact? Convenience stores across the nation took a hit with channel growth in the first quarter of 2022. IRI, one of the leading consumer data aggregators, noted channel growth slowing to 1.7% with
- Categories: General, Regulations
On-premises mixed alcohol retailers must weigh the cost versus the benefits of enrolling in delivery. Recent legislation introduced a spirits delivery option to Mixed Beverage (MXB) retailers from their designated Alcohol Beverage Control (ABC) Board as of July 1. This change could create substantial time savings for retailers
- Categories: Alcohol Distributors
Call it what you want – “work-withs,” “ride-alongs,” “crew drives,” or maybe even, “hitting stores” – whatever your term is, those who have been in the alcohol beverage industry for a while know the value of working in the market with distributors. The insight that comes from visiting
- Categories: Accounting, Payments, Retailers
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
- Categories: Retailers
Go from slow to seamless with PaymentSource® data integration. If you have been using PaymentSource, you already know how it saves time with invoice payment for alcohol deliveries. Did you know you could be saving even more time on invoice information entry with automatic data integration? Optimize your
Changing preferences, priorities, and participation make Gen Z rethink their drink. Navigating generational consumer trends is standard practice for staying relevant and appealing in a competitive market space such as alcohol. Gen Z – anyone born between 1997 and 2012 – are the latest generation to reach legal
- Categories: Accounting, Payments, Retailers
Fintech’s PaymentSource solution is revolutionizing how accounting firms service their clients. Our platform automates alcohol invoice payments, records line-item invoice data, and provides online access to an easy-to-use portal with downloadable files to integrate invoice data with back-office systems. By eliminating manual entry of invoices and time spent
- Categories: Alcohol Distributors
Why is that delivery driver making two stops in one day to the same location? We are all painfully aware of the inconvenience and time wasted when a driver must go back to a customer location to pick up payment for an alcohol delivery dropped off earlier that
- Categories: Alcohol Distributors, General, InfoSource, Retailers, Suppliers
