Strong Continued Customer Growth Lands FTNI on Food Logistics’ Annual List of Top Software and Technology Providers to the Food and Beverage Industries for the Fifth Consecutive Year.
OMAHA, Neb. (PRWeb) December 17, 2019 – Financial Transmission Network Inc. (FTNI), a provider of industry-leading integrated receivables and payment processing solutions, today announced that Food Logistics, the only publication exclusively dedicated to covering the movement of product through the global food chain, has named FTNI to its 2019 FL100+ Top Software and Technology Providers list. This marks the fifth consecutive year FTNI has been honored by Food Logistics as a top software and technology provider to the food and beverage industries, dating back to 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 has partnered with some of the distribution industry's leading purchasing groups, cooperatives, and back-office systems providers to create a network of partnerships and integration capabilities available to over 1,000 distribution companies across the U.S. and Canada. Since its original listing in the 2015 FL100+ Top Software and Technology Providers list, FTNI’s distribution customer base has grown by over 500%, and continues to expand at an exciting rate.
Currently deployed by leading companies across the U.S. and Canada spanning numerous industries, ETran has been proven to accelerate processing times by as much as 80 percent and reduce DSO by more than five days.
“Whether you’re using sensors to monitor critical temperatures for perishables or a WMS to manage inventory flows in your warehouse, software and technology are playing a vital role in the food and beverage industry,” remarks John R. Yuva, editor for Food Logistics and its sister publication, Supply & Demand Chain Executive. “The transparency and safety of the digital global food supply chain would not exist without innovations in software and technology. Our FL100+ recipients help drive supply chain compliance and regulatory changes that benefit everyone from the farmer to the food processor to the consumer.”
ETran’s highly-configurable, modular design allows accounts receivables (A/R) organizations to efficiently tailor the platform to their unique business processes and workflows to modernize and automate payment processing and cash application operations across all payment methods and channels, from a single Software as a Service (SaaS) platform. ETran’s agnostic, ‘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 be recognized by Food Logistics for a fifth straight year as a top software and technology provider to the foodservice and beverage distribution industries,” said Zac Robinson, vice president, sales & marketing at FTNI. “We’ve experienced incredible growth within our distribution customer base over the past five years. We’d be remiss if we did not take this opportunity to say ‘thanks’ to our customers and partners; their ongoing collaboration and insight helps us to continue improving and enhancing our industry-leading portfolio of truly integrated receivables solutions delivered from a single, cloud-based platform.”
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 over 1,000 leading companies spanning numerous industries including Banking and Financial Services, Distribution, Insurance, Nonprofit, Property Management, Utilities, and more. For more information, visit ftni.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.