Bectran Earns Spot on Top Construction Technology List by Construction Executive for Third Year in a Row

Nationally Recognized as a Leading Software Provider for Cutting-Edge Solutions

Bectran, the platform leading the way in credit, collections and accounts receivable management, has been recognized by Construction Executive in the 2024 Top Construction Technology Firms list. This award recognizes the best software companies serving the building materials, industrial supply and manufacturing industries. Bectran is proud to have been selected for the third consecutive year for its comprehensive Job Sheet System.

Construction, manufacturing, supply and distribution all struggle with the inefficiencies of manual job sheets across the order-to-cash cycle. Repetitive data entry between systems often leads to incomplete or inaccurate records, delayed job sheet evaluations and complicated collections and receivables.

Bectran recognized the need and responded with a digital, end-to-end Job Sheet System. On the application end, the tool streamlines job submission and approval, organizes information and automatically assesses factors like bureau ratings and customer payment history within advanced scoring models. On the receivables end, the system gives transparency across jobs for accurate accounts receivable exposure, collections execution and management of unsecured order holds. Bectran’s automated cash application can apply payments seamlessly over customer hierarchies, down to the job level, and its self-service portal gives customers a single login and payment experience for all their jobs.

Bectran additionally automates lien tracking for approved job sheets through its integrations with leading third-party lien providers, keeping project data consistent and reliable between job sheets and lien tracking.

“Our commitment to innovation empowers our clients to confidently navigate the evolving complexities of the construction sector today and in the future, while minimizing risk and enhancing efficiency,” comments Louis Ifeguni, Bectran CEO.

Learn why Bectran’s comprehensive Job Sheet System has been the award winner three years running, and reach out to learn about our integration partners.

About Construction Executive

Construction Executive (CE) is the leading trade magazine for the construction industry. To create the Top Construction Technology Firms list CE asked several hundred construction-centered technology and software companies to nominate their top partners based on product efficacy.

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.