Fintech
B2B invoice, payment, and inventory automation for retail, hospitality, and alcohol supply chains
By Financial Information Technologies, LLC (Fintech) · HQ Tampa, US · 4.0/5 Value-Position score (estimate)
Positioning guardrails
Best for
- Retailers and hospitality operators automating AP: invoice capture, GL coding, vendor payment, and one clean file into the back office
- Multi-location grocery, convenience, and restaurant groups managing distributor invoices, price books, and cost discrepancies
- Alcohol distributors and suppliers needing automated COD and term invoice payment collection
- Finance teams replacing manual invoice keying with EDI, API, or file-based data feeds into accounting and ERP systems
Ideal size: 50–2,000 employees people · Multi-location retailer, restaurant group, or distributor with a dedicated finance/AP team
Not for
- Teams looking for a general ledger, ERP, or a full budgeting and procurement suite
- Businesses outside retail, hospitality, and beverage-alcohol supply chains
- Buyers who want self-serve signup and published list pricing
- Hotels and venues wanting booking engines, channel management, or guest communication tools
Value metrics scorecard
Time-to-Value
1–3 months
~60 days to first production value
Total Cost of Ownership
On request
Quote-based. Distributors pay per invoice; retailers pay a monthly subscription sized to the business. No public price list is published.
Implementation Friction
3/5
Engineering + admin effort required
Value-Position score
out of 5 · model estimate
Full cost breakdown
Mandatory implementation fee
None
Seat tiers
Not published; priced per business and invoice volume rather than per seat.
Add-on costs
- None
Company & support
Who is behind Fintech, and how your team gets help once it is live.
Company
- Founded
- 1991 · 35 yrs in business
- Headquarters
- Tampa, US
How you get support
- PhonePlan not stated
- EmailPlan not stated
- Live chatNot listed
- Support portal / ticketsNot listed
- Community forumNot listed
- Help centre / docsNot listed
- Dedicated account managerNot listed
- In person / on-siteNot listed
- Hours
- Not recorded
- Response time
- Not stated
Client support: [email protected] or 813-288-1980 (Option 1). SBT/newspaper clients: [email protected] or 813-400-1675. Sales contacts are listed separately and excluded here.
“Not listed” means the vendor’s public pages don’t mention that channel, not that it is unavailable. Ask about it during evaluation.
Market position
Where Fintech sits against its closest alternatives. Pick any two of cost, speed, friction and buyer score, and up to 9 companies to compare.
Quadrant view
Typical annual cost × Time-to-value
The lines cross at the median of the solutions shown, so about half sit on each side of each line.
Companies on the chart 6 / 10
- Fintech
- Fourth
- Crunchtime
- ChefTec
- Fexa
- Supy
Add or change companies
Up to 10 companies including Fintech. Listed closest first.
Stack fit signal
Compatibility with standard B2B ecosystems.
No supported MCP path today, so it cannot be driven from an AI client.
AI & MCP readiness
What Fintech ships in AI, and what it asks of your ecosystem.
Compliance attestations
* IAPP AIGP certifies individuals, not products. It means named staff hold the credential — not that the platform does.
Bottom line
Fintech (Financial Information Technologies, LLC) is a B2B invoice, payment, and inventory automation platform for retail, hospitality, and beverage-alcohol supply chains. Its PaymentSource product captures, codes, and pays vendor invoices, then delivers one clean file into the back office, while scan-based trading and price-book tools cut inventory cost and shrink. Founded in 1991 and based in Tampa, it reports 326,000+ businesses served and 1,200+ managed integrations. Pricing is quote-based, so buyers must go through sales.
Frequently asked questions
How much does Fintech cost?
Fintech does not publish list pricing. Its contact page states pricing depends on business needs: distributors pay per invoice, retailers pay a monthly subscription built to fit each business and budget, and you must connect with an account representative for an estimate. Budget separately for implementation and integration work, since onboarding spans many vendor and trading-partner connections.
What business problem does Fintech actually solve?
It automates procure-to-pay for retail, hospitality, and beverage-alcohol businesses. PaymentSource captures invoices in any format (EDI, API, CSV, custom files), codes them to the general ledger, pays vendors, and pushes one clean invoice file into the back office. Price-book and cost-variance tools surface discrepancies, and scan-based trading pays suppliers only for units actually sold.
Which companies should consider Fintech?
Multi-location retailers (grocery, convenience, alcohol), restaurant and bar groups, hotels and venues with F&B purchasing, and the distributors and suppliers that invoice them. Fintech reports 317,000 retail and hospitality businesses served and 9,200 connected distributors, vendors, and suppliers. Single-site operators with few invoices, and businesses outside these supply chains, are unlikely to see a return.
How does Fintech connect to our accounting or ERP system?
The vendor states it maintains more than 1,200 managed integrations and exchanges invoice, payment, and remittance data over EDI, APIs, CSV, and custom file formats. It publishes a QuickBooks Online integration that syncs invoice data automatically and describes integration into back-office and ERP systems. Confirm your specific system and file format with Fintech during evaluation.
Does Fintech publish security or compliance certifications?
The vendor pages available here do not state SOC 2, ISO 27001, HIPAA, FedRAMP, or other certifications, and no security or trust page is published among them. The platform handles invoice and payment data, so ask Fintech directly for security documentation, data-retention terms, and payment compliance evidence as part of due diligence.