Case Study: Kramer Beverage accelerates payment processing and reduces check float with FTNI's ETran platform

Kramer Beverage cuts check float by 1 day with FTNI

Kramer Beverage, a South Jersey beer wholesaler, faced a challenge in efficiently managing payments from its many customers while needing to decrease check float across its accounts receivable operations. They needed a secure solution for their drivers and teams to accept multiple payment methods. To address this, they partnered with vendor FTNI and implemented its ETran platform for integrated receivables.

FTNI's solution provided Kramer Beverage with a mobile check processing application for its drivers, which proved far superior to standard banking apps. This allowed the company to deposit checks on the same day they are received, cutting bank float by a minimum of one day. According to their IT Manager, this has significantly improved the user experience and accelerated their payment processing, resulting in substantial operational improvements for the distributor.

Kramer Beverage