Fintech, a leading B2B data and payments automation provider for retail and hospitality, today announced the launch of its supply chain partner management hub. Designed for grocery and convenience stores running shared inventory programs with direct store delivery (DSD) vendors, the platform powers end-to-end data visibility and automated payments across supply chain partnerships, improving margins, and driving smarter inventory decisions. This is the first platform with timely visibility into point-of-sale (POS) and DSD data for these programs, reducing costs, eliminating operational friction, and scaling revenue by improving on-shelf performance.
Shared inventory programs, based on scan-based trading (SBT), are a retail model where vendors retain ownership of their products until they are scanned at the register. POS data exchanges then trigger an automated, accurate payment from the retailer to the vendor partner. With Fintech’s hub, every transaction flows through a proprietary validation and reconciliation framework, ensuring unmatched precision, transparency, and trust at scale. Here, partners collaborate on product assortments, store distributions, and a mutually validated price book.
Traditional scan-based trading run directly by retailers face challenges from limited data, manual processes, and inaccurate and slow payments which cause operational inefficiencies and friction between partners. Instead, Fintech delivers accurate and timely data enhanced by intelligent validation and automation, where partners are empowered to optimize their shared inventory programs to better realize the full benefits of the SBT model, while unlocking faster payments, and stronger supplier-retailer partnerships. Additionally, Fintech’s supply chain partner management hub sits at the center of the partnership, so retailers and suppliers can connect and collaborate with all their partners through a single, centralized platform.
“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,” said Fintech CEO, Tad Phelps. “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, a mutually validated price book, automated payments, easy data integration set-up, and expert customer support.
After acquisitions of the two leading third-party SBT companies, Fintech set out to create a new product based on the foundation of the SBT model but running on a modern technology platform leveraging AI-driven data management capabilities. As Fintech brings this new product to market, it has 67% market share of third-party managed SBT programs – supporting 85,000 retail doors at 150+ retailers and more than 3,500 suppliers.
