In 2018, beer distributors are looking for ways to streamline payments and boost operation efficiency. Throughout the rise of mobile EFT payments has grown, the number of beer distributors who use EFT has increased over the past few years. Below are [...]
In the following years after Prohibition ended 83 years ago, cash, check, and money orders became the standard for how retailers and customers paid for alcohol. Because it took decades until EFT (electronic funds transfer) payments occurred, it's a w[...]
There are many reasons why companies patent their technology. Considering how much capital investment these companies make in researching and developing new products and services, it is essential to apply for patents to protect this investment and th[...]
The alcohol distribution business is a very competitive market, and it can sometimes lead to dirty tricks in trying to one-up a competitor. While regulations are strict on alcohol payments in every state, it hasn't stopped some distributors from tryi[...]
Maintaining accurate records of invoices and payments establishes a consistent pattern regarding income and expenses, thereby providing businesses a quick method to find areas that introduce waste. This is especially appropriate for any accounts paya[...]
In the world of alcohol retailers and distributors, online mobile payment systems are giving incumbent “cash and carry” processes a run for their money. Paper-based payments undermine efficiency across distribution channels, creating bottlenecks that[...]
Electronic payment processing, like iControl’s Alcohol Payments, is a great way for alcohol distributors to speed up and simplify their payment processes across their distribution network.
Managing alcohol purchases is notoriously difficult business in the highly regulated liquor industry. Alcohol payment and credit processes are often over-complicated with complex, paper-heavy billing and invoicing processes. An automated system can t[...]