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Fintech In The News |
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Scott Riley Named Ernst & Young Entrepreneur Of The Year
TAMPA, Fla. - June 15, 2009 - Scott Riley, CEO of Financial Information
Technologies, Inc. (Fintech), received the Ernst & Young 2009 Florida Entrepreneur Of
The Year Award in the service category. The award recognizes outstanding entrepreneurs
who are building and leading dynamic, growing businesses.
Riley was selected
by an independent panel of judges. The award was presented at a gala event at the Omni
Orlando Resort at ChampionsGate on Thursday, June 11.
Riley heads up Fintech,
the leader in processing regulated invoices electronically. His firm is the only company
operating in all 50 states whose services allow retailers purchasing beer, wine,
and spirits to pay their distributors electronically from headquarters rather than with
currency, check or money order at each of the retailers' individual locations. Because of
Riley's leadership, commitment, vision and calculated risk-taking, the company has
achieved profitability and is enjoying a growth that indicates long-term sustainability.
"We are proud to recognize the achievements of Mr. Riley," said Mike Brennan,
Ernst & Young partner and Florida Host of the Entrepreneur Of The Year Program. "Entrepreneur
of the Year award recipients are not only successful in building their own businesses, but also
contribute significantly to the strength of our region's economy."
This is the 23rd
anniversary of The Ernst & Young Entrepreneur Of The Year awards. The program honors
entrepreneurs who have achieved exceptional success in such areas as innovation, financial
performance and personal commitment to their businesses and communities.
As a Florida
award recipient, Riley hopes to join previous Florida Ernst and Young Entrepreneurs winners
Wayne Huizenga of Waste Management, The Miami Dolphins and Blockbuster Entertainment, and
Chris Sullivan of Outback Steak House, in winning the National Ernst & Young LLP Entrepreneur
Of The Year award. The National Ernst & Young Entrepreneur Of The Year award winner will be
announced at the annual awards gala in Palm Springs, California on November 14, 2009.
For more information on Fintech, log on to www.fintech.net or call 813-288-1980. Media contact is Lizz Harmon,
HarmonTampa Public Relations, at 813-288-6909 or lizz@harmontampa.com.
About Ernst & Young's Entrepreneur Of The Year® Awards Program
Ernst
& Young's Entrepreneur Of The Year® Award is the world's most prestigious business award for
entrepreneurs. The award makes a difference through the way it encourages entrepreneurial
activity among those with potential and recognizes the contribution of people who inspire
others with their vision, leadership and achievement. As the first and only truly global award
of its kind, the Ernst & Young Entrepreneur Of The Year® award celebrates those who are building
and leading successful, growing and dynamic businesses, recognizing them through regional, national
and global awards programs in more than 135 cities in 50 countries.
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"In working with Fintech our drivers can make more stops by NOT having to wait for a check, which can become timely. This also gives the driver more security by not having large amounts of cash on their trucks. Fintech also streamlines our regulated reconciliation process, giving us more time to dedicate our resources in other areas."
Metro Beverages, Inc.
"Our company is constantly looking at ways to streamline our operations. We want to reduce the number of administrative tasks that are performed at the store level. Fintech helps expedite the beer delivery process, giving our employees the time to focus on more important tasks - managing the store and serving our customers."
The Spencer Companies Incorporated
"We chose Fintech to process our invoices electronically at the request of one of our retailers. Since there is no COD requirement for wine in the areas we serve, we were excited to learn the many benefits after delivery Fintech provides both the distributor and retailer. We receive funds on time every time from all of our Fintech customers. Our retailers receive the data they need without anything being required on our end. This makes the overall process so much easier."
Misa Imports
"Fintech is a valuable partner and they always put our customers first. They are proactive in their efforts to help us help our customers, establish new business, and keep the lines of communication open. Fintech is a true asset to our company."
Five Star Distributing, Inc.
"As an accountant, Fintech makes keeping track of my clients' finances easier and faster than ever before.The program frees me up from traditional bookkeeping roles and allows me to help my customers with a more analytical role. Furthermore, the program is extremely accurate and flexible, allowing me to pull up a variety of information and download it into my accounting program. My clients all benefit from the program and have all thanked me for referring them to Fintech as they too gain more..."
MCA Business Support, LLC
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