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Reduce Audit Exposure and Time to Manage Tax Exempt Certificates


By : Mary Guider-Shaw On : 21 February, 2017 In : Solutions

Organizing and Managing tax exempt certificates and licenses can be a very tedious manual process. Manual tasks involved include: validating expiration of certificates, tracking and monitoring the inventory of tax exempt certificates for validity to minimize potentials for tax liability, periodic and on-demand reporting, etc. These tasks often significantly interfereRead more

3 Important Benefits of a Digital Document Management System (DDMS)


By : Alicia Maderak On : 16 November, 2016 In : Solutions

Over time, the manual storage and organization of credit information can be a daunting task and takes an incredible amount of storage space. Such a manual mode of storing and managing credit information lacks adequate security and is highly prone to being compromised or even destroyed without the possibility ofRead more

Instant Credit Decisions Through Automation


By : Dominic Biegel On : 20 October, 2016 In : Solutions

Managing high volumes of credit requests (includes credit applications and requests for credit limit increases by existing customers) can be expensive for a company in terms of customer service quality and credit risk. Traditionally, with higher volumes of credit requests, companies tend to either hire more staff or lower theRead more

The Value, Need for Objectivity & Gains of Automating Credit Reference Gathering


By : Dominic Biegel On : 19 September, 2016 In : Solutions

In order to establish appropriate credit limits/terms, businesses have relied on the mutual sharing of data to best predict future payment trends based on past payment history of service/product buyers (customers). This requires cooperation between businesses who have a mutual goal of getting paid on time. Trade and Bank referenceRead more

Bectran Announces Fall Educational Series Focused on Increasing Efficiency in the Credit Work Process


By : Mary Guider-Shaw On : 12 September, 2016 In : News

ITASCA, IL–(Marketwired – September 12, 2016) – In response to demands from the credit community, Bectran will be conducting a series of Educational Webinars this fall on how a digital and automated credit work process helps companies achieve high performance in their credit department. Bectran will be leveraging practical caseRead more

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