Bill buyers and pay growers on a schedule they trust
A cooperative sits between its growers and its buyers, so it has to collect on time and pay out on time. Finli invoices buyers, bills members and helps pay growers, with all of it running through accounts at your own bank or credit union.
What gets in the way
Collect from buyers on time
Growers are waiting on the co-op, and the co-op is waiting on buyers. Late invoices slow everyone down.
Pay many growers without handling bank details
Each grower should choose how to be paid, without the office storing account numbers.
Keep member billing simple
Dues, supply purchases and service fees should bill the same way every time.
A week at A regional growers' cooperative that markets members' produce to grocers and distributors
- Orders shipPooled product ships to a distributor, and the co-op invoices on standard terms.
- Buyer paysA grocer pays a past invoice by bank transfer from the payer page.
- Member billingMembers are billed for dues or supplies on recurring invoices.
- Reminder on termsA distributor gets an automatic reminder on an invoice past its terms.
- Growers paidThe co-op pays growers from its own account with Payouts, in early access.
- Funds settleAll Finli payments settle into the co-op's account at its institution.
Built for agricultural co-ops
Buyer invoicing with reminders
Invoice grocers, distributors and food service buyers with automatic follow-up.
Recurring member billing
Bill dues and recurring charges on autopay by card or bank transfer.
Grower payouts by claim linkIn pilot
Pay growers from co-op checking; each grower verifies identity and chooses how to get paid.
Weekly settlements by grower
Group payments by grower on a regular settlement schedule.
Buyer and member records
Keep contracts, certificates and payment history with each buyer and member.
QuickBooks sync
Invoices and payments sync to QuickBooks for the co-op's books.
For banks and credit unions
A cooperative brings its buyers' payments and its growers' payouts through one operating account, which makes it a high-value relationship. With Payouts, each grower payment can include an invitation to open an account at your institution, so the co-op becomes a channel to its members.
Where these businesses grow next
- Treasury management
- Seasonal line of credit
- Member business accounts
Payouts verifies payees and tracks 1099 amounts in the software; the co-op sets its own payment terms with growers.
Talk to our teamCommon questions
Do growers need a Finli account to get paid?
Can the co-op bill members and buyers in the same place?
What happens if a grower does not claim a payment?
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Finli is offered through your financial institution
Banks, credit unions and community lenders offer Finli under their own name, so your payments settle with the institution you already use. Tell us where you bank and we’ll ask them for you.