Continued Growth and Adoption of the ETran Integrated Receivables Platform Helps FTNI Land Honors from Food Logistics as a Top Software and Technology Provider for Fourth Straight Year.
OMAHA, Neb. (PRWeb) December 17, 2018 – Financial Transmission Network, Inc. (FTNI), a leading provider of truly integrated receivables and straight-through processing solutions, today announced that Food Logistics, the only publication exclusively dedicated to covering the movement of product through the global food supply chain, has named FTNI to its 2018 FL100+ Top Software and Technology Providers list. This marks the fourth straight year that FTNI has been recognized in the annual FL100+ listing, making its debut in 2015.
The annual FL100+ Top Software and Technology Providers list serves as a resource guide of software and technology providers whose products and services are critical for companies in the global food and beverage supply chain.
FTNI’s partnership network of leading cooperatives, buying groups and solution providers now represents over 1,000 distribution companies across the U.S. and Canada. Having added 25+ new distribution customers in the past 18 months, FTNI’s momentum as a top provider of truly integrated receivables processing solutions to the foodservice, beverage and janitorial & sanitation distribution industries continues to accelerate.
“The digital supply chain continues its rapid emergence, bringing with it expanded capabilities that impact visibility, security, compliance and efficiency,” remarks Lara L. Sowinski, editorial director for Food Logistics and its sister publication, Supply & Demand Chain Executive. “Every aspect of the global food supply chain stands to benefit from new and innovative software and technology that is fundamentally changing the global food supply chain.”
ETran’s cloud-based, highly-configurable design allows organizations to quickly tailor the platform to their unique business processes and workflows to consolidate, automate and significantly streamline accounts receivables (A/R) operations spanning any payment method (check, ACH, credit/debit card, cash), from any payment channel (mailed-in, lockbox, called-in, in-person, online, mobile), all on a single, secure and compliant (PCI, SSAE 16, HIPAA and more), Software-as-a-Service (SaaS) platform.
Featuring complete electronic invoice presentment and payment (EIPP) capabilities across all employee and customer-facing interfaces, ETran has proven to help reduce DSO by more than four days and accelerate companies’ time-to-process by up to 80% in some cases. ETran’s modular ‘plug-n-play’ nature works with existing banking and merchant processor relationships and supports efficient integration (batch or real-time) with any back-office system.
“FTNI is honored to once again be recognized by Food Logistics as a leading software and technology provider to the foodservice and beverage distribution industries,” said Zac Robinson, vice president of sales & marketing at FTNI. “We take great pride in helping our customers leverage a single cloud-based receivables processing platform to transform and evolve their A/R operations to achieve straight-through processing, decrease DSO and increase cash flow.”
Companies on this year’s 2018 FL100+ Top Software and Technology Providers list will be profiled in the November/December 2018 issue of Food Logistics, as well as online at www.foodlogistics.com.
About Food Logistics
Food Logistics is published by AC Business Media, a business-to-business media company that provides targeted content and comprehensive, integrated advertising and promotion opportunities for some of the world’s most recognized B2B brands. Its diverse portfolio serves the construction, logistics, supply chain and other industries with print, digital and custom products, events and social media.
Financial Transmission Network, Inc. (FTNI) accelerates the way businesses accept, process, post and manage payments. Processing millions of transactions monthly, FTNI’s integrated receivables platform, ETran, accepts any payment method, via any payment channel—on a single, secure, cloud-based platform. ETran’s easy-to-deploy, modular design seamlessly integrates current business processes, bank and processor relationships, and back-office accounting software to deliver increased efficiencies and cost savings as a result of true straight-through processing. Founded in 2007, FTNI serves more than 20,000 corporate users from leading organizations spanning numerous industries including Banking and Financial Services, Distribution, Insurance, Nonprofit, Property Management, Utilities, and more. For more information, visit ftni.com.
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