Audience

Retail Stores, Hospitality Businesses, Accounting Firms, Alcohol Distributors, Vendors and Supply Chain Partners

About Fintech

For over 34 years, Fintech has been leading the way in automating accounts payable (AP) and accounts receivable (AR) processes within the alcohol industry. Our flagship product, PaymentSource®, is relied upon by over 260,000 retail and hospitality businesses and more than 7,500 alcohol distributors, vendors, and supply chain partners nationwide. This innovative platform eliminates manual AP and AR tasks, enhances payment workflows, and captures essential B2B transaction data for companies across the country. Over the years, we’ve expanded beyond the alcohol industry, applying our expertise in AP and AR automation to all invoices. Alongside invoice management, we now offer cutting-edge solutions such as Scan-Based Trading (SBT), a customized beverage CRM, and advanced reporting tools designed to tackle the unique operational challenges faced by our clients.

Pricing

Pricing Details:
Our pricing is dependent on your business needs. Distributors will pay per invoice and retailers pay per month. Our pricing model is built to fit each business and budget.

Integrations

Ratings/Reviews - 1 User Review

Overall 2.0 / 5
ease 2.0 / 5
features 3.0 / 5
design 2.0 / 5
support 3.0 / 5

Company Information

Fintech
Founded: 1991
United States
fintech.com

Videos and Screen Captures

Fintech Screenshot 1
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Product Details

Platforms Supported
Cloud
Training
Documentation
Live Online
Webinars
In Person
Videos
Support
Phone Support
Online

Fintech Frequently Asked Questions

Q: What kinds of users and organization types does Fintech work with?
Q: What languages does Fintech support in their product?
Q: What kind of support options does Fintech offer?
Q: What other applications or services does Fintech integrate with?
Q: What type of training does Fintech provide?

Fintech Product Features

Accounts Payable

Approval Process Control Supported
Bank Reconciliation Supported
General Ledger Entry Supported
Vendor Management Supported
Cash Management Not Supported
Check Writing Not Supported
Duplicate Payment Alert Not Supported
Fraud Detection Not Supported

Accounts Receivable

ACH Payment Processing Supported
Billing & Invoicing Supported
Online Payment Processing Supported
Check Processing Not Supported
Collections Management Not Supported
Overpayment Processing Not Supported
Partial Payments Not Supported
Receivables Ledger Not Supported
Recurring Billing Not Supported

Billing and Invoicing

Billing Portal Supported
Customizable Invoices Supported
Invoice History Supported
Online Invoicing Supported
Online Payments Supported
Payment Processing Supported
Contact Database Not Supported
Contingency Billing Not Supported
Customer Portal Not Supported
Dunning Management Not Supported
Hourly Billing Not Supported
Mobile Payments Not Supported
Multi-Currency Not Supported
Project Billing Not Supported
Recurring/Subscription Billing Not Supported
Service Ticket Billing Not Supported
Tax Calculator Not Supported

Fintech Additional Categories

Fintech Verified User Reviews

Write a Review
  • William J.
    Owner
    Used the software for: 2+ Years
    Frequency of Use: Weekly
    User Role: User, Administrator
    Company Size: 1 - 25
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Mixed bag - not worth it"

    Posted 2025-01-07

    Pros: The only good point that I can think of is that I consume less checks and have to get them printed less often.

    Cons: Requires two accounts if you both "get paid for " and "pay" invoices.
    No transparency in distributor auto pay of what invoices got combined.
    Mistakes are made often by suppliers on deposits/returns, paying with a check never had these issues.

    Overall: In general, paying with a check was easier and less prone to errors. I'm probably going to stop using Fintech to pay invoices and will only use it to get paid by those customers who demand it.

    Read More...
    Reply from Fintech
    Edited 2025-01-29
    Hi William, sounds like you are using our free service to pay for alcohol deliveries. Have you logged into our new portal? This will give you transparency of your payment invoice history even on our free distributor autopay level.
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