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Lipari Foods Modernizes Invoice-To-Cash Processes On ETran Platform

ETran

Lipari Foods has launched the Financial Transmission Network Inc. (FTNI) ETran Integrated Receivables platform to deliver payment processing solutions spanning multiple payment methods and channels all on a single, cloud-based platform. 

Headquartered in Warren, Michigan, Lipari Foods is a distributor of deli, bakery, packaging and grocery products and services. A member of UniPro Foodservice, Lipari Foods provides its customers with access to more than 25,000 products.

Lipari’s implementation includes nearly every module of the ETran integrated receivables platform, spanning advanced Remote Deposit Capture (RDC), AutoPay (automatic debit), online and mobilepayment solutions. Lipari was able to achieve initial production rollout of the ETran platform in less than 60 days.

“As our business continues to grow, the strategic importance of maximizing technological, as well as operational efficiencies across our company is absolutely imperative,” said Michael C. Hegarty, vice president of technology at Lipari Foods. “FTNI’s ETran platform is helping us to eliminate legacy payment processing silos and systems, open new channels from which we can accept payments from our customers, and ultimately enabling us to get payments deposited and posted in our back-office systems faster than ever before. We were able to achieve initial production rollout in roughly 45 days and look forward to launching additional modules on the platform in the coming weeks.”

“Lipari Foods is a recognized leader within the distribution industry and has a strong commitment to leveraging innovative technologies across their business,” commented Zac Robinson, VP of sales and marketing at FTNI. “Lipari represents yet another leading distributor leveraging numerous modules on the ETran platform to transform A/R operations. We look forward to our continued collaboration with Michael and the team at Lipari as they expand their rollout of the ETran platform and help drive several exciting product enhancements in the coming months.”

Founded in 1963, Lipari Foods is an independent, “perimeter-of-the-store” distributor in the Midwest and beyond. 

FTNI accelerates the way businesses accept, process, post and manage payments. Processing millions of transactions monthly, FTNI’s integrated receivables platform, ETran, accepts any payment method, via any payment channel on a single, secure, cloud-based platform. Founded in 2007, FTNI serves more than 20,000 corporate users from more than 1,000 companies.

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