Bectran Blog

Bectran Launches B2B Operations Management Software Upgrade

Written by Alicia Maderak | Nov 11, 2015 7:06:00 AM

Deeper Accounting & Reporting of Credit Management Activities Within Your Corporation

ITASCA, IL–(Marketwired – November 11, 2015) – Bectran, the industry leader in Credit Management software, has recently upgraded their Operations Management module within their award-winning B2B platform. Operations Management is a revolutionary set of tools for organizing and accounting for credit management activities in both simple and complex organizations.

“The Operations Management module allows credit management activities to be organized by responsibilities and streamlines the Sales/Customer Service organizations with the Credit/Finance departments for effective communications and routing of messages and documents.” — Louis Ifeguni, CEO of Bectran

With the enhanced Operations Management module, companies can setup and manage all credit transactions at different levels: from corporate down to regions, divisions, and even to business units. This module provides several metrics for measuring the performance and effectiveness of the credit management process across the entire hierarchy.

“Bectran was very easy to implement. Payback began immediately. We reduced our credit application processing time from 22 days to less than 3 day(s) which made our sales team very happy and our credit team is over several times more productive. We highly recommend Bectran.” — Steven Stockseth, Corporate Credit Manager, FleetPride, Inc.

The Operations Management module provides a versatile framework for defining credit management task allocation work queues. The work queues capability allows for real-time tracking, monitoring, accounting, and reporting on credit management activities. With the Operations Management module, the system practically works for you.

Bectran, the industry leading SaaS platform, has grown rapidly over the last five years to become the companion toolkit for the Credit Department just as CRM is for the Sales Department. From simple to complex organizations, SMEs to Fortune 500 companies, Bectran has helped companies cut down the time to process and approve credit by over 90% whilst significantly lowering the risk of credit defaults and the cost of collections. Their customers enjoy the ease, speed, and cost-effectiveness of adopting the Bectran platform. New clients are on-boarded in matter of days and weeks. Credit Professionals in various industries have described the Bectran platform as the future of the credit department. Recently, Bectran was recognized as a top innovator in the credit software industry.