For Hospitality Businesses of all Sizes
Automated Solutions that Simplify Hospitality Workflows
Accounts Payable Automation Solutions
Benefiting single-site operators and national hospitality chains.
Trusted by Over 250,000 Businesses
Invoice Processing Automation for the Hospitality Industry
Whether you are a national brand or a local icon, we all share common challenges and best practices.
PaymentSource for Accounts Payable Benefit from Free, Lite, Pro, and Premium levels.
Eliminate Time-Consuming, Complicated Invoice Data Entry
When you integrate with Fintech, we standardize your invoice data and send it back to you through an integration in the format you require. This integration eliminates manual invoice data entry for goods, services, supplies, and alcohol purchases. Reduce the possibility of human errors and save up to 10 minutes per invoice on data entry alone.
Benefit From Three Ways to Digitize & Standardize Invoice Data
After data is received and standardized, we populate it into your personalized Fintech portal and can send it back to you through an integration or daily file.
We ingest invoice data three convenient ways:
- Directly from your vendors, suppliers, and alcohol distributors through an integration
- Through Fintech’s Invoice Builder – vendors can create and upload invoices inside our portal
- By a scan and upload of the paper invoice
Realize Inventory Purchases Quickly
Since Fintech sends all your invoice data to your back-office through one integration, the data is captured timely, ultimately allowing you to realize inventory expenses consistently faster. Avoid finding yourself behind on data entry with a pile of invoices in front of you and simplify business performance check-ins prior to finalizing period results.
Research Purchase History and Access Insights Easily
Need to find an invoice? It’s in your invoice ‘vault’. Your invoice data is populated into your personalized Fintech portal giving you 15 months of rolling purchase history across all your vendors, suppliers, and alcohol distributors. Here you can also access reports like spend by category or vendor, cost variance and top-product reports for alcohol, split-case fee monitoring and much more.
Automate Alcohol Invoice Payment
Whether you operate in a state that requires COD for alcohol purchases, offers terms, or a combination of both, Fintech’s PaymentSource automates the payment of any invoice keeping you in line with state regulations. Payment is made per the due date on the invoice, and all payments can be monitored inside your Fintech portal.
If you would like to sign up for automated alcohol invoice payment only, you can self-sign up here for our Free service and receive a no-obligation trial of all portal benefits.
Choose the Way You Want to Pay for Goods, Services, and Supplies
An added convenience but not required, Fintech’s PaymentSource provides a variety of ways to pay and approve invoices for goods, services, and supplies in one place.
In the portal you can:
- Schedule a check or ACH payment
- Select invoices to autopay, invoices will be paid per the due date after approval
- Approve invoices
- Select invoices to auto-approve
Simplify Governance, Increase Margin Control, and Maintain Store-Level Compliance
Whether you are a small chain, mid-size, or enterprise, easily monitor multiple locations inside a personalized dashboard.
Hospitality businesses can easily:
- Pinpoint areas of opportunity to improve purchasing habits
- Compare expected cost to invoice cost across alcohol purchases
- Track location-level beverage program compliance and more
Learn more about expanding controls over governance, compliance, and reconciliation across invoice management with ReconSource® and OrderSource®.
Get Started Today!
Complete the form to connect with a Fintech team member about our automation solutions.
