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July 25, 2023
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Chicago — Bectran, Inc., the industry leader in innovative, cutting-edge technology for credit, collections and accounts receivable departments in various industries, has been designated this year’s Silver Award winner in the Business Technology category by Merit Awards, an annual awards program that recognizes top-performing organizations around the world. “This year’s recipients represent leaders and businesses that have demonstrated innovation, excellence and overall business success,” said Marie Zander, executive director of Merit Awards. “We congratulate each winner and look forward to seeing their future accomplishments.” Created in 2022, the Merit Awards are designed to recognize the efforts put forth |
by global industries and the markets they serve by acknowledging companies that have contributed to the continued growth of the market worldwide and are shaping today’s world. There are seven awards programs under the umbrella of Merit Awards, with each program offering a bronze, silver and gold level win in its respective categories. Bectran’s 2023 silver win is within the Business Awards program which contains categories such as Business Excellence, Executive Leadership and Emerging Business, in addition to the Business Technology class in which Bectran placed.
“We are honored to be recognized by Merit Awards for our B2B solution that leverages the power of automation to revolutionize credit, collections and accounts receivable departments around the globe,” says Louis Ifeguni, CEO of Bectran, Inc. “This esteemed award serves as a reinforcement of our commitment to our customers and our continued dedication to building the most comprehensive platform on the market.”
Business Awards winners were announced on July 6, 2023. Click here for the list of Merit’s 2023 Business Award winners.
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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