Bectran
  • Customers
  • Solutions
    Bectran

    Credit, Collections & Accounts Receivable Management

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

    Register for webinar Register for Live Webinars
    Start Free Pro Trial Start Free Pro Trial
    Request a Demo Request a Demo

    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.
    Get Custom Pricing
    Contact sales agent
    Contact sales agent
    (888) 791-6620
    Contact Sales
  • Company
    About Us Careers Events Press Blog Security Safeguards Contact Us
  • Support
  • Sign Up
  • Login
  • NewsRoom
  • Press Release
February 20, 2023

Bectran’s Invoice and Account Data Reconciliation API will Simplify and Ease Onboarding of New Accounts and Eliminate Inconsistencies

Remove roadblocks to a smooth integration process with Bectran’s invoice and account data reconciliation solution.

 

Chicago, IL: Bectran, Inc., an industry leader providing cutting-edge credit, collections and accounts receivable automation software, has released an enhanced API designed to automatically reconcile and eliminate inconsistencies in historical invoice and account-level data during the initial onboarding process of adopting Bectran’s accounts receivable solution. This upgraded reconciliation process ensures that net exposure is properly stated and accounted for across the customer account hierarchy quickly, saving you time and preventing errors.

The Bectran Invoice and Account Data Reconciliation API solution was strategically created to allow companies to rapidly and more efficiently import historical AR data into Bectran while maintaining the integrity of the information. The solution uses a set of pre-configured algorithms to automatically isolate and account for differences in related account and invoice data to properly derive and record auditable net exposures.

All too often, as businesses grow and adopt new technologies, migrating historical data to new software platforms is daunting and fraught with inaccuracies. Most of the time, these related hiccups are attributable to procedural inconsistencies, missing information and complexities in the way transactions have previously been recorded.

When companies hit this wall, integrating with software, maintaining compliance with audit and risk controls and firmly establishing net exposure becomes extremely difficult, if not altogether impossible.

“This solution mitigates that risk, allowing even large-scale companies with complex hierarchies and large amounts of historical information to easily integrate with the Bectran platform,” says Louis Ifeguni, CEO of Bectran. “When you are acquiring new business divisions or rapidly growing, maintaining an accurate view of your auditable net exposure is critical. This enhancement ensures that the information you need is collated correctly and easily accessible at the touch of a button — keeping you in control of your exposure and minimizing the risk to your company.”

The API captures accurate net exposure instantly while requiring only a minimal set of intelligent data. Reconcile historical transactions and comprehensively review your company’s total exposure, including disparate divisions and antiquated invoice data, in one cohesive system with the Bectran Invoice and Account Data Reconciliation API.

The invoice reconciliation API is now available to our customers. To start using this API, please reach out to your product services specialist.  

 ###

About Bectran, Inc.

Since its inception in 2010, Bectran has pioneered affordable credit management and accounts receivable automation solutions for all sizes of organizations. Bectran’s SaaS solutions — credit, collections and accounts receivable — provide seamless user experiences across various industries and empower users with robust credit evaluation services, putting you in control of your financial health.

Our dedication to improving the efficiency of the order-to-cash cycle has helped companies cut down the time to process and approve credit by over 90% while significantly lowering the risk of default. We are committed to helping businesses make the transition to powerful SaaS technology solutions that save you time and money. For more information, visit our website.

 

 

Media Contact
Angelina Rose
703-596-8089

PR@bectran.com

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

Product Solutions Hub

(703) 596-8089

product@bectran.com

Get started today

Request a Demo Get Started

Follow Us

twitter linkedin Instagram
  • Support
  • Request a Demo
  • Contact Us
  • Bectran Status
  • About Us
  • Careers
  • Events
  • Security Safeguards
  • Customers
  • Blog
  • Press
aicpa TRUSTe
Bectran
Terms of Service Cookie Policy Privacy Policy
© 2010 - 2025 Bectran, Inc. All rights reserved