A Distributor's Commitment to Doing ‘Whatever it Takes’ Improves Accounts Receivables Efficiencies and Customer Service

Tankersley Foodservice is committed to doing “Whatever it Takes” for customers. That includes offering an array of payment options and assurances that payments get posted to accounts quickly and efficiently within their back-office system. By implementing an integrated receivables solution, Tankersley has been able to stay true to that mission while driving significant internal efficiencies.

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Topics: online payments, mobile remote deposit capture, integrated receivables, Check Scanning, Remote Deposit Capture, electronic payments, Cash Application

FTNI In the News: Talking Electronic Payments and Integrated Receivables with Midlands Business Journal

Electronic payments continue to be a key focus for both B2C and B2B organizations as companies look to evolve their payment processing and accounts receivables capabilities—and supporting technology—to keep up with rapidly-changing customer payment preferences.

Recently, our Director of Sales & Marketing, Zac Robinson, sat down with the Midlands Business Journal to discuss the ongoing evolution of electronic payment technologies and the value of companies moving to a truly integrated approach that allows them to accept, process and post any payment method, from any payment channel; all from a single platform.

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Topics: mobile payments, online payments, integrated receivables, electronic payments

The Payments Solution: Straight Through Processing

Part 2 of the 3-part True Straight Through Blog Series

To sum up the payments problem: Clients are using multiple payment types (check, ACH, credit card) to cater to customers, and they’re using multiple technologies from different third-party vendors (check scanning, auto-ACH, web, mobile) to streamline receivables. The resulting mash-up of different systems and legacy software results in increased complexity, inefficiencies with separate file integrations, reporting, reconciliation points, and costs for maintenance, training, and support. The payments industry has siloed what it wanted to streamline.

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Topics: Straight Through Processing, online payments, mRDC, RDC, integrated receivables

Mobile, ePayments and Transaction Security Top-of-Mind at AFP 2014

We’re back from Washington D.C. after the 2014 AFP Annual Conference—what a show! Many thanks to everyone who attended the event, and especially those who took time out of their busy on-site schedules to visit the expo floor.

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Topics: Events, mobile payments, online payments

Will Mobile Payments Overtake Credit and Debit? What Your Business Needs to Know.

A successful business actively sells what they believe is the best product or service currently available. A successful business with longevity is also focused on innovating the next best product to meet their customers’ needs. Visionary companies see what is coming down the road in technology and consumer demand, anticipate the solution, and develop the best, most sustainable product. FTNI keeps a keen eye on the future and a finger on the pulse of the expectations within the business, consumer and financial services sectors.

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Topics: mobile wallet, In person payments, mobile payments, online payments, ETran, credit card payments

How to Save Money & Speed Cash Flow with Web-Based Invoicing

Are you still printing and mailing invoices to your customers? How many times do you hear from some of them that they either never received the invoice or they sent a check already, yet you haven’t received it. Things do get lost in the mail, but your companies bills always seem to make it to you on time. Waiting on the postal system to get your invoices to your customers, and then get payments back to you, is tedious and unreliable.

All of this equates to time, money, overhead and patience. Most of these are luxuries that today’s businesses don’t always have. Wouldn’t you rather see that money stay with your company and spend the time further developing your business?

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Topics: accounts receivables, web-based invoicing, payment processing, online invoicing, electronic invoicing, online payments

How to Grow Your Business with Web Payments

The efficiency of running a business in this digital age hinges on the ability to process online web payments. This is very important for any business today that conducts their services through the internet and most importantly through the company’s own website.

Web payments are as common today as walking into any store and paying cash for a cup of coffee; from major worldwide department stores to the ‘mom and pop’ store in small town America. It is a necessary element for conducting any type of business in the 21st Century.

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Topics: online payments, web payments

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