Maintaining an organized credit management system and accounts receivable (AR) department is a major key to success in any B2B company, but it’s particularly so in the construction industry. So, why continue to rely on an outdated, paper-based construction job sheet process when so much relies on having an efficient, accurate method in place? Paper-based job or project applications are not only a security risk when stored on premises, but they’re also at risk of being damaged or lost due to natural disasters.
Additionally, traditional construction job sheet management is prone to human error, miscommunication and delays, especially in the application process where customers tend to not fill applications out completely — or do fill them out but in illegible, indecipherable handwriting — delaying the process further. In addition to those flaws, older manual processes can’t keep up with the demands of the digital, fast-paced, high-transaction industry that construction has become.
To solve these issues and help alleviate the strain on an already stretched-thin sector, Bectran developed an automated construction job sheet solution to manage applications in bulk and increase productivity.
With Bectran automated job sheets, you can say goodbye to old, slow, mistake-prone ways and finally enjoy real-time updates, receiving immediate status notifications instead of having to wait the typical 48-72 hours for applications that could be returned incomplete or indecipherable. In addition, you’ll be able to fully customize the solution to meet your unique needs, configuring everything from the decision criteria you need in place to establishing a cadence of alerts for your team.
“Users get excited about the functionalities that come with an electronic job sheet system like ours. Not only is it completely adaptable for you and your business, but it also gives your customers the ability to access a new job sheet whenever and from wherever they need to complete it,” said Bectran Account Executive Sean McCaffrey. “Additionally, the account-linking framework in Bectran stands out. Being able to link job accounts to credit accounts provides a more comprehensive view of your customer’s account, allowing you to make more informed lending decisions and establish custom collections strategies.”
Many businesses can be averse to change. Having to switch to an entirely new process takes time, and that time plus the effort involved usually has decision makers seeing obstacles in the form of excessive dollar signs and a downturn in productivity while the new system is onboarded. Additionally, it’s commonly believed that new software won’t easily pair with current platforms. However,
In addition to speeding up the construction job sheet process, with an automated system you have the potential to earn money faster — and who doesn’t want better, more consistent cash flow?
One of the premier features that sets the Bectran job sheet management system apart from manual processes is that it increases the organization of your job sheets and other important documents. Instead of keeping them locked in a file cabinet prone to theft or natural disaster, your documents are safely stored in the cloud, with robust verification measurements assuring login security, and readily available to you when you need them.
All of this can be accessed through a single login on any mobile device, PC or tablet, allowing you to effectively do your job from anywhere. The Bectran solution also provides real-time interaction for both you and your customers, while providing the ability to seamlessly share job sheet information in an encrypted email for extra security.
So why continue to settle for a paper-based process that has become obsolete? The old system can no longer match the security, organization and efficiency that the Bectran contractor job sheet system provides.
Bectran was founded on the belief that no paper-based processes should be holding credit, collections and AR departments back or preventing company growth. With Bectran’s automated construction job sheet system, you can take back control of your time and focus your energy on more strategic growth initiatives. Customize the system to meet your unique needs, whether that be requiring specific job, project, contractor, sub-contractor, bond, financing or other data before lending decision can be reached or establishing an attribute-specific approval model. The system can be adapted to think like you and to provide you with only the most completed applications and most comprehensive documentation so that your decisions are consistently data driven.
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The views expressed on this blog are those of the author and do not necessarily reflect the views of Bectran. This blog may contain links to content on third-party sites. By providing such links, Bectran does not adopt, guarantee, approve or endorse the information, views or products available on such sites