October, 22, 2012 – (Credit Today) Today, Bectran announced the release of a major upgrade of its all-in-one, cloud-based B2B trade credit management solution.
Bectran has added the following product enhancements:
Imagine a totally automated credit application process. Imagine not having to call prospective customers because they’re missing information on their Credit App, not having to call any of their references for info, not having to order credit bureau reports and not having to fax paper back and forth. No more paperwork to file, it’s all stored online! Use DNB or Cortera? Bectran integrates these credit bureau results directly into the Bectran analytics and Bectran can integrate with back office systems to get all the pertinent credit data into them! Bectran typically get responses from references within minutes! (Because it’s an email sent directly to the reference, not a nondescript fax siting in the fax machine for just anyone to accidently take.)
To top it all off, Bectran also manages all Tax Exempt certificates, Financial Statements, Personal Guarantees, electronically! In fact, Bectran can electronically manage any external document, associated with a credit request, even documents that may require a signature! And all this info and documentation is available 24 X 7 X 365 from any PC connected to the internet! That’s because Bectran is a cloud-base (SaaS) solution. No Hardware to buy or Software to install on PC’s and servers, no yearly maintenance contract and no ongoing support is required from IT staff. The Bectran solution also applies analytics to all the data received; customer info, references, credit bureau data, financial statements; automatically, providing credit risk and credit limit recommendations to help businesses make the most informed credit decision possible. Bectran is a great, inexpensive solution to eliminate labor intensive, time consuming, repetitive credit tasks, while at the same time reducing exposure to bad credit decisions. The Bectran solution benefits businesses directly by converting prospective customers to paying customers much more quickly and efficiently. (Typically in a few hours or less!)
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 legacy/enterprise systems using world class, platform independent APIs.
About BECTRAN
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