Tampa, FL – Park City Group (NASDAQ: PCYG), a cloud-based software company that uses big data management to help retailers and their suppliers sell more, stock less and see everything, and Fintech, the only provider of electronic funds transfer (EFT) payment for alcoholic beverages that is compliant and available for use in all 50 states, today announced a strategic relationship to cross market their complementary strengths, technology and expertise.
According to the agreement, Park City Group will offer Fintech’s electronic payment and data services to its retail customer base. Fintech works with more than 2,300 distributors to provide electronic payment services to more than 300,000 customer relationships in the grocery, convenience store, foodservice and other retail markets. Fintech provides direct insight to the alcohol industry on purchasing data, simplifying invoice information into actionable reporting that helps retailers make smarter purchases. Likewise, Fintech has agreed to market Park City Group’s automated pricing and supply chain management services to its distributors and retailers across the alcohol industry.
“Partnering with Fintech, the leader in data and payment services to the alcohol industry, underscores our commitment to find the best solution for our retailers and suppliers,” noted Randall K. Fields, Chairman and CEO, Park City Group. “We look forward to taking our complementary services and preferred pricing into convenience stores and foodservice, and expanding our footprint.”
Scott Riley, Fintech’s CEO, states “We are thrilled at the opportunity to expand our OneSource data and payment solution to include Park City Group’s supply chain management, visibility and automated pricing. We’re confident this relationship will provide enhanced intelligence and analytics that simplify business operations and increase operational efficiencies for our mutual clients.”
Fintech, a U.S. Chamber of Commerce Best Business of the Year winner located in Tampa, Florida, provides electronic data and payments to the alcohol industry, eliminating the need to pay alcohol purchases by cash, check, or money order and simplifying data into actionable reporting that helps businesses make smarter purchases. Fintech is the only EFT provider that is compliant and available for use in all 50 states and now works with more than 2,300 distributors to serve over 300,000 relationships nationwide. For more information, visit http://go.fintech.net/e/33962/2014-11-05/2vjwx/116511833 and follow us on Facebook, Twitter, LinkedIn and our Fintech Blog.
About Park City Group
Park City Group (NASDAQ:PCYG) is a Software-as-a-Service (“SaaS”) provider that brings unique visibility to the consumer goods supply chain, delivering actionable information that ensures product is on the shelf when the consumer expects it to be. Park City Group’s services enable customers to “Sell More, Stock Less, and See Everything”. More information is available at www.parkcitygroup.com