Accounts Payable (AP) Automation for All Invoices
One Place to Automate Invoice Data Entry
PaymentSource® can now capture ALL your vendor and distributor line-item invoice data and deliver it seamlessly into your back-office system. This expanded AP automation functionality allows you to manage all invoices, not just the alcohol ones, in one place—the Fintech portal.
Complete Invoice Processing
For Goods, Services, and Supplies
If you use Fintech for alcohol invoice payments, you understand the operational efficiency we deliver. We expanded our accounts payable automation capabilities beyond alcohol to capture all business expenditures and grow your cash flow.
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.
Convenient Ways We Capture & Store Your Invoice Data
Missing invoices create duplicate or late payments and cause long reconciliation processes. Fintech offers multiple ways to capture invoice data, so invoices are not lost. We establish and manage vendor-Fintech integrations so vendors can send us invoices. With our proprietary Invoice Builder tool, any vendor can create and upload invoices inside our system. You can also scan and upload invoices using built-in OCR technology.
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.
Make Invoice Payments Through Your Personalized Portal
Gone are the days of setting up several electronic payment relationships or logging into multiple portals to pay invoices. Payment options are available in any combination you choose. In the portal, invoices can be approved and scheduled for an ACH or check payment. Or, similar to your alcohol invoices, use automated payment (available later in the year) to eliminate manual processes associated with approving, scheduling, and paying invoices.
Capture Line-Item Details from All Invoices Through One Integration
Fintech integrates with over 200 back-office and accounting systems, so our clients don’t have to manually enter invoice data. We will standardize your invoice data and send it directly into your system of choice or send you a daily file for uploading if you prefer.
