The National Restaurant Association and Fintech announced an alliance to build awareness and improve purchasing and payment efficiency of beverage alcohol. Through the alliance, NRA and Fintech will be implementing a system of electronic funds transfer payment for purchasing.

Fintech currently provides service to more than 260,000 retailer distributor relationships nationwide and is the only EFT provider approved by all 50 state alcohol regulatory agencies, according to a news release.

The NRA's partnership with Fintech will also include member access to in-depth data analysis and automated reporting to help operators understand their alcohol invoices and purchasing habits, provide insight into where operators are spending money, where they have the potential to save, best ways to maximize purchases and eliminate costly expenses for the distributor in delivery time and collections, the release said.

"I believe this strategic alliance demonstrates a mutual commitment to providing businesses enhanced data and services that will help propel their operations forward, while additionally aiding in the awareness and advancement of the industry," said Scott Riley, Fintech CEO. "We couldn't be more excited at the opportunity to work with such a great organization."

Read more about beverages.

Related Content

User Comments – Give us your opinion!
Products & Services

Social Security Number (SSN) Verification

http://global.networldalliance.com/new/images/products/SSN_employmentsearch.gif

1426/Social-Security-Number-SSN-Verification

Group Purchasing Services

http://global.networldalliance.com/new/images/products/6403.png

6403/Group-Purchasing-Services

HAND-PINCHED STYLE® Sausage and Beef Toppings

http://global.networldalliance.com/new/images/products/6785.png

6785/HAND-PINCHED-STYLE-Sausage-and-Beef-Toppings

Cured Meats

http://global.networldalliance.com/new/images/products/6791.png

6791/Cured-Meats

Luzianne iced tea

http://global.networldalliance.com/new/images/products/6957.png

6957/Luzianne-iced-tea

Thr!ve Point-of-Sale

http://global.networldalliance.com/new/images/products/6811.png

6811/Thr-ve-Point-of-Sale

Enterprise Solutions

http://global.networldalliance.com/new/images/products/4124.png

4124/Enterprise-Solutions

Features

http://global.networldalliance.com/new/images/products/4541.png

4541/Features

Solutions

http://global.networldalliance.com/new/images/products/4551.png

4551/Solutions

Sourcing

http://global.networldalliance.com/new/images/products/6407.png

6407/Sourcing

Digital Menu Boards and ROI
Fast Casual Executive Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.