Featured Blog: The Dos and Don’ts of Alcohol Invoice Processing
Featured Blog: The Dos and Don’ts of Alcohol Invoice Processing
Prior to adopting Fintech, West Lake Restaurant Group faced several challenges in managing their invoices. One major concern was the risk of lost checks, which would create delays in payments and impact relationships with their vendors. In addition, manually recording and managing invoices for multiple locations became a time-consuming and inefficient process, diverting attention away from core operations.
Fintech’s platform was implemented to process, pay, and manage invoices across all four locations. This solution has significantly simplified the AP process, reducing the need for manual entry and allowing the team to focus on more important business tasks.
By automating invoice processing, West Lake Restaurant Group has saved approximately 1-2 hours per week previously spent on manual data entry. These time-savings have had a noticeable impact on their overall operational efficiency. With 6-14 invoices processed weekly, the team can now spend their time more strategically, focusing on customer service, menu development, and other business-critical functions.
One of the most significant improvements after implementing Fintech has been eliminating lost checks. The client noted this has drastically reduced administrative headaches and prevented payment delays. With the automated invoice tracking system in place, there is no longer concern over checks being misplaced or overlooked.
Receiving invoice data through a single integration has provided major benefits in terms of both cost and time savings. The centralized system reduces the need for redundant tasks, such as cross-checking invoices, while ensuring greater accuracy and consistency in the accounts payable process.
The ability to access 15 months of rolling invoice history and easily download this data has proven highly valuable for operations. Having this historical data ensures better financial visibility and improves the team’s ability to track and manage cash flow.
“I recommend Fintech for any business looking to save time and streamline operations. The platform is a powerful tool for reducing manual effort and improving operational efficiency across multiple locations. The ability to easily manage invoices, avoid errors like lost checks, and save valuable time has proven to be a game changer.”
JJ Streater, Owner/Operator of The Melting Pot, Rodizio Grill, Union Bar and Soda Fountain, and Social
West Lake Restaurant Group has four successful multi-location restaurant operations providing a variety of dining experiences. As a busy restaurant operator, JJ and his team are constantly seeking ways to streamline operations and improve efficiency across their locations.
