Bectran Announces Product Enhancements

July 3, 2012 (Credit Today) Bectran: #1 Cloud-based (SaaS) B2B Trade Credit Management Solution

Today Bectran announced the release of new functionality within its all-in-one cloud-based B2B trade credit management solution. Bectran has added the following product enhancements:

• Tax Exemption Certificate Management: automatically attach certificates to specific accounts and notify existing customers of expiring certificates and the need to update.
• C-S Pack: allow Customer Service and/or Sales staff to complete digital credit applications on behalf of prospective customers and automatically acquire customer’s digital signature.
• Custom Credit Applications: Create customized credit apps to meet specific criteria.
• Multi Business Support: Create multiple credit apps, with specific T’s & C’s for various business groups within an organization.
• Credit Bureau Integration: Add credit bureau data to the Bectran analytical model for credit risk and credit limit assessment.
• Custom Credit Scoring: Customize Bectran analytics to suite your specific business models.
• Extended Document Management: Import, add and manage multiple documents within customer accounts.

Imagine taking the old-school, paper-based, labor intensive, manual practice of verifying and qualifying credit requests and moving to an entirely paperless, automated process. The Bectran solution is designed to streamline and automate the entire credit process; from credit application/request, to reference check, analysis and approval. The solution ushers in a revolutionary shift in B2B trade credit transaction processing by digitizing trade credit information and automating everyday credit processing tasks. The Bectran solution allows for 100% electronic trade credit processing with No paper, No faxes, No phone calls. It delivers breakthrough efficiency through the digitization and end-to-end automation of the credit transaction process by eliminating over 90% of the time to process credit requests as compared to old-school, paper intensive, manual processes.

Bectran is the leader in cloud-based B2B Credit Management Solutions. Bectran enables companies to eliminate all the paper associated with traditional credit transaction processing; No paper/pdf credit applications, No paper credit references, No paper financial statements, No paper personal guarantees, No faxes back and forth, and No phone calls. The Bectran platform offers a true digital world with credit transaction processing at electronic speeds. The ROI, with the elimination of all paper and most manual credit processing tasks, is months and because the solution is cloud-based, there’s No investment for software or hardware and No IT support is required to install or maintain the Bectran solution! Best of all, the Bectran platform can be installed and up and running in minutes as opposed to days or weeks for traditional, PC or server based software. Bectran also integrates seamlessly with your legacy/enterprise systems using world class, platform independent APIs.

About BECTEAN
Bectran is the #1 cloud-based B2B trade credit management solution. The Bectran solution streamlines and automates the entire credit process; from credit request, to reference check, to analysis and final approval. No paper, No fax, No phone calls. Bectran, One Tower Lane, Suite 1700, Oakbrook Terrace, IL 60181 For more information, please contact Louis Ifeguni at louis.ifeguni@bectran.com For a demonstration and/or a FREE trial, please visit us at www.bectran.com