TAMPA, Fla. -- Fintech announced a new partnership with FACTOR, a leading back-office accounting solution for the convenience industry. Through the alliance, FACTOR will offer Fintech’s electronic payment and data services to its petroleum-marketing customers nationwide.
Fintech provides direct insight into FACTOR customers’ alcohol-purchasing data, simplifying invoice information into actionable reporting that helps them make smarter purchases.
FACTOR helps clients manage their back-office accounting operations so they can focus on increasing profitability and growing their business. The company implements back-office tools and processes to give retailers data and visibility into such critical aspects of their business as financial reporting, daily accounting controls and operation analysis.
Fintech, Tampa, Fla., is a leader in providing electronic data and payments to the alcohol industry. Working with over 2,300 distributors, its business processes alcohol invoices for more than 325,000 relationships nationwide and over $1.7 Billion in alcohol payments between retailers and distributors every month.