Bectran
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    Bectran

    Credit, Collections & Accounts Receivable Management

    Transform your credit department with digital task management and process automation.

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    Credit Management

    Credit Application System Credit Application System Credit Management Workflow Credit Management Workflow Credit Analysis & Decision Credit Analysis & Decision Accounts Receivable Review Accounts Receivable Review
    Construction Job Sheet System Construction Job Sheet System Credit Document Management Credit Document Management Credit Operations Management Credit Operations Management Auto Decision Manager Auto Decision Manager

    Collections Management

    Collections Tasks Management Collections Tasks Management Collections Officer Digital Workspace Collections Officer Digital Workspace Pre-Collections Tasks Management Pre-Collections Tasks Management Promise-To-Pay Plan Promise-To-Pay Plan

    AR Management

    Disputes, Claims & Settlements Disputes, Claims & Settlements Cash Application Invoicing, Billing & Payments Invoicing, Billing & Payments AR Portfolio Analytics AR Portfolio Analytics Order Hold Management Order Hold Management
  • Enterprise

    ENTERPRISE

    Enterprise Data Management

    Seamless integration with clients’ back-end ERPs, CRMs and e-commerce sites for fast two-way delivery of credit data. Request a Demo
    Consumer Credit Reporting
    Connect directly to credit bureaus within the Bectran platform.
    Corporate Business Credit Reporting
    Verify new companies’ financial data and corporate history.
    Payment Method Verification
    Authenticate payment methods before approving applications.
    Corporate Registration Verification
    Verify corporate registrations to mitigate fraudulent activity. 
    Personal Identification Verification
    Mitigate fraud by verifying driver’s license information.
    CRM Integrations
    Integrate directly with your preferred CRM to speed up communication.
    E-Commerce Integrations
    Link your preferred e-commerce platform directly with Bectran.
    Financial Data Repository
    Verify the financial history of any publicly traded US company.
    Construction Lien Tracking Integration
    Track and organize lien information with the click of a button.
    UCC Filing Data Integrations
    Retrieve UCC filing data without ever leaving the Bectran platform.
    Payment Gateways
    Effortlessly connect your preferred payment gateway directly to Bectran.
  • Pricing
    Credit Management
    Choose from multiple levels of user access, module combinations and volume tiers to create pricing built especially for your business.
    AR & Collections Management
    Like our credit management plans, pricing for AR & collections modules are built specifically to meet the unique needs of your company.
    Custom Pricing
    Build a pricing package to fit your company’s growth objectives. Contact our sales team to create a custom pricing plan today.
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April 8, 2025

Bectran Advances Risk Analysis with IRS Based Tax ID Verification System

New Integration Provides Secure, Efficient Validation of Business Tax Identification Numbers 

CHICAGO (April 8th, 2025) - Bectran, Inc., the industry leader in credit, collections and accounts receivable management technology, today announced a powerful new integration with Cobalt for IRS database verification. This partnership allows businesses to validate Federal Tax Identification Numbers (TINs) directly within the Bectran platform – increasing speed, risk accuracy and fraud prevention in the credit approval and account review process.  

“Traditionally, verifying a Tax ID required manual lookups, or waiting on third-party systems that didn’t always return real-time data” said Louis Ifeguni, CEO of Bectran. “This new integration delivers instant, reliable verification at the source - directly from the IRS - helping our customers evaluate business risk with greater consistency and confidence.” 

Advanced Tax ID Verification and Automated Precision  

TIN and EIN verification is a common requirement in credit applications, but until now the process has often relied on manual checks that can’t confirm accuracy or authenticity. Credit managers frequently encounter risk and inconsistency in credit decisions, but with Bectran and Cobalt’s newest integration, users can leverage a secure and instant verification of tax ID data against official U.S. government records. 

Risk Evaluation and Faster Credit Reviews 

With this integration, credit managers gain access to comprehensive TIN reporting directly through Bectran's platform. Each report outlines the specific IRS reason and code with clear explanations, helping managers quickly verify results without leaving their workflow. The system performs exact-match validation, comparing the provided TIN/FEIN and legal business name against IRS records. This approach ensures maximum security and accuracy, as attestation only succeeds when both elements perfectly match the official documentation. Verified TIN data feeds directly into the Bectran risk scoring engine, reducing time-to-decision and removing uncertainty from the approval process. 

To further enhance fraud protection, Bectran flags discrepancies between submitted tax information and official records, triggering real-time fraud alerts - all within the same platform. 

About Bectran

Bectran, the industry leading SaaS platform, has grown rapidly over the years to become the companion toolkit for the Credit Department just as CRM is for the Sales Department. From simple to complex organizations and SMEs to Fortune 500 companies, Bectran has helped companies cut down the time to process and approve credit by over 90% while significantly lowering the risk of credit defaults and the cost of collections.

A growing number of companies are depending on Bectran to manage their Accounts Receivable and Collections. With significant process and task automation, companies are able to cut down the cost of collections by as much as 60-90% while accelerating the cash receipts cycle with complete and accurate cash applications.

Bectran’s clients enjoy the ease, speed and cost-effectiveness of adopting the Bectran platform. New clients are onboarded in a matter of days or weeks. Credit professionals in various industries have described the Bectran platform as the future of the Credit Department.


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