Bectran Presents its Credit Risk Suite at the Credit Research Foundation October Forum

October 18, 2024

Bectran Presents its Credit Risk Suite at the Credit Research Foundation October Forum

Bectran, the go-to order-to-cash platform for streamlined risk management, will sponsor the 2024 Credit Research Foundation (CRF) October Forum as a platinum partner. The final in-person forum of the year is being hosted at the Gaylord National Resort & Convention Center in National Harbor, Maryland from Oct. 21 to 23.

Conference attendees will participate in round table discussions, and receive industry and economic updates. They will also attend interactive sessions covering the implementation of artificial intelligence and machine learning in accounts receivable, and the importance of effective risk management and mitigation strategies in high-risk environments.

Bectran will present new enhancements to its risk management suite during a breakout session titled “Fraud Prevention — Actionable Strategies to Strengthen Credit Risk Management.” In this session, Lilly Filippov, Sr. Marketing Manager at Bectran, and David Reinauer, Bectran’s Manager of Product and Implementation, will offer insights into how end-to-end credit software can protect businesses from and decrease exposure to fraud, defaults and more. The session will be hosted on Oct. 21 at 9 a.m. and will focus on actionable strategies to strengthen credit risk management and create new business opportunities.

Key takeaways of the session:

How current economic conditions contribute to fraud risks and what credit tactics to implement

How automation can help monitor credit applications and flag risky accounts

Leveraging data and analytics to predict potential fraud schemes and defaults

Implementable tools and data sources for your credit department that can provide detailed risk and fraud analysis

“CRF’s October Forum offers a great opportunity to reconnect with long-standing clients and foster new relationships,” comments Dominic Biegel, Bectran’s Sales Director. “Washington D.C. is a fantastic location during election season. We look forward to showcasing how Bectran’s fraud suite will safeguard businesses and equip your organization to navigate fraud and risk management with confidence.”

Bectran team members look forward to meeting with companies to share how implementing intelligent automation software can accelerate their order-to-cash cycle.

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.

Media Contact

pr@bectran.com

Solutions Contact

Nolan Grandaw

(630) 626-4914

nolan.grandaw@bectran.com

Credit, Collections & Accounts Receivable Management

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Construction Lien Tracking Integration

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