Success Story: Kramer Beverage

In 1924, Kramer Beverage began in South Jersey as a soft drink bottler and distributor. Now, 95 years later, Kramer Beverage is South Jersey's largest beer wholesaler and is still owned and operated by the Kramer family—through four generations.

Kramer Beverage needed a solution that would allow them to efficiently service and support their customers across all locations while also allowing them to decrease their check float across their accounts receivable (A/R) operations. With beer distribution requiring certain payment terms across New Jersey, Kramer Beverage needed payment acceptance solutions that would provide their delivery drivers, sales and A/R teams with the ability to securely accept and process incoming payments spanning multiple payment methods and channels.

"FTNI's solutions allow us to deposit checks on the same day we receive them, which cuts our bank float by one day at minimum," said Michael Holden, IT Manager, Kramer Beverage. "We have 100 drivers on the road accepting payments daily. That adds up to a lot of checks that are now deposited one day earlier. FTNI's mobile solution has proven far superior to any banking application and has significantly improved our user experience."

Download the success story now to discover how FTNI's truly integrated receivables solutions have helped Kramer Beverage to accelerate their payment processing operations.