Fintech Description

For over three decades, Fintech's PaymentSource has been transforming financial processes in the alcohol industry with innovative solutions for accounts payable (AP) and accounts receivable (AR). Its AP automation includes 15 months of invoice history, cost variance analysis, and simplified distributor credit reconciliation. The new Premium tier extends these tools to cover all goods, services, and supplies, delivering complete visibility, seamless vendor integrations, and better cash flow management—all within a simple, user-friendly platform. For AR, PaymentSource facilitates secure, compliant electronic payments from over 250,000 retail and hospitality partners nationwide. Distributors can access invoice details, track payment statuses, and issue credits directly through the portal, cutting costs by an average of $6.80 per delivery while maintaining compliance across all 50 states. With PaymentSource, businesses can streamline financial workflows, reduce errors, and maximize efficiency.

Pricing

Pricing Information:
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

Reviews - 1 Verified Review

Total
ease
features
design
support

Company Details

Company:
Fintech
Year Founded:
1991
Headquarters:
United States
Website:
fintech.com
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Media

Fintech Screenshot 1
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Product Details

Platforms
Web-Based
Types of Training
Training Docs
Live Training (Online)
Webinars
In Person
Training Videos
Customer Support
Business Hours
Online Support

Fintech Features and Options

Billing and Invoicing Software

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator

Accounts Payable Software

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Accounts Receivable Software

ACH Payment Processing
Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing

Fintech Lists

Fintech User Reviews

Write a Review
  • Name: William J.
    Job Title: Owner
    Length of product use: 2+ Years
    Used How Often?: Weekly
    Role: User, Administrator
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Mixed bag - not worth it

    Date: Jan 07 2025

    Summary: 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.

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

    Negative: 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.

    Read More...
    Fintech Company Response
    Edited: Jan 29 2025
    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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