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Description

Finastra's Bacsactive-IP is a cloud-driven platform aimed at optimizing payment processing for various types of transactions, such as payroll, supplier payments, expenses, and more. This solution accommodates businesses of all sizes, ranging from small enterprises handling their direct debits to large corporations managing millions of transactions on a daily basis. The service includes a robust set of features, such as secure user access with multi-factor authentication, web-based technology that supports simultaneous use by multiple users, and seamless integration with pre-existing systems to boost operational effectiveness. Additionally, optional modules can be implemented to further automate payment processes, ensuring a customized solution that aligns with unique business requirements. As a Software-as-a-Service offering, Bacsactive-IP removes the necessity for hardware investments or software installations, thereby lowering both initial and ongoing expenses associated with implementation. With its user-friendly interface and adaptability, it positions itself as a valuable asset for organizations looking to enhance their payment processing capabilities.

Description

For over three decades, Fintech's PaymentSource has been transforming financial processes in the alcohol industry with innovative solutions for accounts payable (AP) and accounts receivable (AR). Its AP automation includes 15 months of invoice history, cost variance analysis, and simplified distributor credit reconciliation. The new Premium tier extends these tools to cover all goods, services, and supplies, delivering complete visibility, seamless vendor integrations, and better cash flow management—all within a simple, user-friendly platform. For AR, PaymentSource facilitates secure, compliant electronic payments from over 250,000 retail and hospitality partners nationwide. Distributors can access invoice details, track payment statuses, and issue credits directly through the portal, cutting costs by an average of $6.80 per delivery while maintaining compliance across all 50 states. With PaymentSource, businesses can streamline financial workflows, reduce errors, and maximize efficiency.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

BirchStreet eProcurement
COGS-Well
Cartzie
CooksTime
Finastra
PDI
QuickBooks Online
Restaurant365
Sculpture Hospitality
Yellow Dog Inventory
mPower Beverage

Integrations

BirchStreet eProcurement
COGS-Well
Cartzie
CooksTime
Finastra
PDI
QuickBooks Online
Restaurant365
Sculpture Hospitality
Yellow Dog Inventory
mPower Beverage

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Finastra

Founded

2017

Country

United Kingdom

Website

www.finastra.com/payments/solutions/bacsactive-ip

Vendor Details

Company Name

Fintech

Founded

1991

Country

United States

Website

fintech.com

Product Features

Payment Processing

ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture

Product Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Accounts Receivable

ACH Payment Processing
Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing

Billing and Invoicing

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator

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