The thought of moving to electronic alcohol payments might sound tedious - especially when already faced with the complexities of payment regulations in the alcohol industry. However, payments by cash, check or money order can cause unnecessary inconvenience, risk and inefficiency for both retailers and distributors. Even if you already process alcohol invoices electronically, watching this short video overview of the benefits of iControl's alcohol payments service may convince you it is time for a change:
By choosing an industry-leading payments and analytics solution that includes patent-pending technologies that allow you to reconcile alcohol deliveries and receiving records electronically, you will no longer have to worry about payment discrepancies, credit tracking, or invoice reconciliation.
Alcohol Payments by iControl gives you the ability to steer clear from many of the recurring payment issues you may have faced in the past. Payments are conducted electronically between retailer and distributor through EFT debiting. Going paperless minimizes the hassle of invoice reconciliation by storing each invoice electronically on a cloud-based platform for easy access. iControl's Alcohol Payments gives retailers and distributors a centralized system to access invoice and payment records, creating more efficient distributor-retailer transactions.
Using software for electronic payments means ensuring that it adheres to strict state regulations. Our alcohol Alcohol Payments solution and patent-pending Next-Generation Reconciliation™ is authorized in all 50 states and adheres to all state and local regulations. This ensures that payments made by retailers to their alcohol distributors for their deliveries are always fully compliant with the law - which eliminates the risk of violations that could affect the ability to sell alcohol.
Alcohol Payments by iControl is also the only alcohol payment solution that offers our customers an exclusive data usage pledge. iControl believes it is our obligation to treat our customers' data as an asset, and that asset belongs to our customers. You can depend on iControl to be responsible and transparent handler of your data.
Reconciling statements becomes complicated when discrepancies in invoices occur. iControl's patent-pending Next-Generation Reconciliation™ uses advanced analytics to collect, present and track invoice data and discrepancies in real time, and includes the following key benefits:
Contact us at iControl to find out more about our platform that provides easier payments and reconciliation for a more comprehensive view of your entire alcohol business. You can also click below on our Alcohol Payments Savings Calculator to see how much your business could be saving every year with iControl's Alcohol Payments solution.