Fintech is not just for alcohol anymore.
Solutions for Our C-Store Partners
Fintech’s products provide complete invoice processing for all your business purchases and can eliminate inventory holding costs through consignment selling.
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PaymentSource® Premium:
AP Automation for goods, services, supplies, and alcohol.
Learn MoreScan-Based Trading:
Keep your money in the bank, not sitting on a shelf.
Learn MoreAP Automation
PaymentSource® Premium
Four Ways You Benefit from Automating Your Invoice Process
1. Simplify Vendor Integrations
Send us your vendor network, and Fintech will serve as your dedicated integration team. A Fintech-vendor integration allows your vendors and supply chain partners to send your invoices directly to us eliminating the burden of integration management for your team. Today we manage over 1,200 integrations and work with a variety of different formats including EDI and CSV. Vendors without e-invoicing capabilities can use our proprietary Invoice Builder tool to create and upload invoices. Scan and upload capabilities are also available for your managers and accountants to use as needed, and for one-time or infrequent purchases.
2. Receive Product & Vendor Details Through an Integration or Daily File
After we ingest your line-item invoice data through a vendor-Fintech integration or through the other convenient upload capabilities, we normalize the data and send it directly into your back-office system through ONE integration or send you a daily file in the format you require. The need to manually enter invoice data is substantially reduced, lowering exception rates and lost invoices.
3. Access Invoice History, Monitor Invoice Payment, & Track Costs
We not only send you product and vendor invoice details through an integration or daily file, but we also populate this data inside your personalized portal. Here you can access 15-months of rolling invoice history, download invoice copies, monitor invoice payment when paying through the portal, and utilize analytics broken down by category. Specifically for your alcohol category, we also provide a Cost Variance tracker and a report which identifies your most frequently purchased products by volume.
4. Optimize Your Cash Flow & Protect Margins
Accounts payable automation creates daily efficiencies across operations and accounting, accelerates reconciliation, and delivering an immediate ROI. Teams have time to be proactive instead of reactive with the elimination of manual processes and data discrepancies caused by human error. Receiving timely, accurate data and insights is key to making decisions or changes that protect margins, optimize cash flow, and ultimately grow profits.
Scan-Based Trading
Experience The Benefits of Consignment Selling
Strengthen Operational Cash Flow
Ultimately, SBT was built to solve the challenges that have the biggest impact on cash flow and profitability. Gone are the days of cash tied to stagnant inventory sitting on shelves, or the stress of inventory-level decision making coupled with the risk of paying for products before they are sold. You have better things to do with your cash.
Diminish Inventory Holding Costs
SBT is a consignment-selling model. Retailers only pay their vendors for items scanned and sold. Inventory risk is mitigated by eliminating the need to purchase inventory. The supplier keeps ownership of the inventory, minimizing losses caused by shrinkage.
Create Relationships with Vendors that Build Sales
With visibility into POS data and insight into inventory movement down to the Universal Product Code (UPC), you and your suppliers together can make data-driven decisions on pricing, products, and promotions that are mutually beneficial while increasing customer loyalty and location traffic.
Reduce Labor Expenses Across Multiple Functions
Eliminate time ordering and counting inventory levels. Invoice payment and data automation is used to pay only for items sold to the consumer and minimizes line-item invoice data entry. This labor reduction across multiple departments minimizes human error increasing accuracy for faster reconciliation. Have more time and money to focus on the things that matter most.
