Fintech

Fintech, operating as Financial Information Technologies, LLC, is a business solutions provider headquartered in Tampa, Florida, specializing in accounts payable and accounts receivable automation for the beverage alcohol industry and hospitality and retail sectors. Established in 1991, the company has served the beverage alcohol industry for over... 34 years, revolutionizing the way alcohol retailers, distributors, and suppliers conduct business through its flagship product PaymentSource. Fintech streamlines AP and AR processes, specializing in COD and term alcohol invoices plus all other goods and services, with over 274,000 businesses selling alcohol using PaymentSource to increase productivity across operations and accounting procedures through effortless alcohol delivery payments. The company supports over 1,100,000 business-to-business relationships nationwide and now provides AP and AR automation for all business purchases, not just alcohol. Fintech's solutions include automated invoice processing with normalized data delivery through integrations, autopay capabilities for alcohol invoices on due dates for effortless payment compliance, scan-based trading capabilities tailored for retail clients and their vendors, and a dedicated CRM solution designed for alcohol sales to track accounts and monitor fulfillments. The company's dedicated team stays on top of alcohol regulatory changes across all 50 states, helping clients strengthen operational cash flow by paying for inventory after selling it, reducing inventory holding costs, and minimizing shrinkage. Fintech is led by a core group of executives offering expertise in systems design and development, hospitality and retail management, data science, financial services, alcohol supplier and wholesale distribution, compliance regulations, and treasury development.Read More