Fintech, a B2B data and payments automation provider for retail and hospitality, has introduced a new supply chain partner management hub aimed at grocery and convenience stores utilizing shared inventory programs with direct store delivery (DSD) vendors.
This platform is designed to provide end-to-end data visibility and automated payments across supply chain partnerships, which can improve margins and support smarter inventory decisions. It is the first platform to offer timely visibility into point-of-sale (POS) and DSD data for these programs, with the goal of reducing costs, eliminating operational friction, and scaling revenue through enhanced on-shelf performance.
Shared inventory programs, based on scan-based trading (SBT), operate under a retail model where vendors retain ownership of their products until they are scanned at the register. POS data exchanges then trigger an automated payment from the retailer to the vendor partner. Fintech’s hub processes every transaction through a proprietary validation and reconciliation framework, designed to ensure accuracy and transparency. Within this system, partners can collaborate on product assortments, store distributions, and a mutually validated price book.
Traditional scan-based trading, often managed directly by retailers, faces challenges due to limited data, manual processes, and delays in payment, which can lead to operational inefficiencies and friction between partners. Fintech’s hub aims to address these issues by delivering accurate and timely data, enhanced by intelligent validation and automation. This approach is intended to enable partners to optimize their shared inventory programs, fully realize the benefits of the SBT model, facilitate faster payments, and foster stronger supplier-retailer partnerships. The hub serves as a central platform for retailers and suppliers to connect and collaborate with all their partners.
Fintech CEO, Tad Phelps, stated, “Our partner management hub is the most advanced product on the market, giving retailers and suppliers a seamless, accurate, and truly collaborative experience that is far beyond previous SBT programs. By combining validated data from both parties and processing accurate, automated payments with expert customer support, we’re eliminating friction and empowering the industry to manage supply chain partnerships at scale.”
Key product features include insights and data analysis capabilities, a mutually validated price book, automated payments, simplified data integration setup, and expert customer support. Fintech developed this new product following acquisitions of two leading third-party SBT companies, building on the SBT model with a modern technology platform that leverages AI-driven data management.
As Fintech brings this new product to market, it holds a 67% market share of third-party managed SBT programs, supporting approximately 85,000 retail doors across more than 150 retailers and over 3,500 suppliers.
Fintech LLC is a B2B data and payments automation provider for the retail and hospitality sectors. For over 35 years, Fintech has facilitated B2B relationships in the retail, hospitality, and alcohol industries. Backed by investors TA Associates and General Atlantic, the company processed over $60 billion in automated B2B payment transactions last year. Its products are designed to assist companies of all sizes in overcoming operational challenges with efficiency-focused solutions.
Fintech’s integrated platform centralizes invoice data and payments, POS and DSD data, product and cost compliance, price book management, and industry market data, utilizing AI, integration capabilities, and proprietary automation technology.
