-

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

original (Graphic: Business Wire)

(Graphic: Business Wire)

CHICAGO--(BUSINESS WIRE)--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 is the premier SaaS platform for Finance Departments, akin to CRM for Sales. Trusted by diverse organizations, from SMEs to Fortune 500 companies, we streamline credit processing by over 98%, reducing credit defaults and collection costs. Many businesses rely on Bectran for efficient Accounts Receivable and Collections management, achieving up to 95% cost savings. With rapid onboarding in days, our platform is hailed by credit professionals as the future of credit management. Visit Bectran.com to learn more about financial solutions for your industry.

Contacts

Julia Oakson
PR & Partnerships
Bectran Inc.
224-231-4160
PR@Bectran.com

Industry:

Bectran

Release Versions
English

Contacts

Julia Oakson
PR & Partnerships
Bectran Inc.
224-231-4160
PR@Bectran.com

Social Media Profiles
Bectran on LinkedIn
More News From Bectran

Bectran Partners with GIACT for ACH Fraud Prevention

CHICAGO--(BUSINESS WIRE)--ACH remains a popular payment method for B2B finance operations. At the same time, ACH is one of the most commonly and easily defrauded forms of payment. Victim organizations risk significant losses, compromised reputation and possible legal consequences. Bectran, Inc., the credit, collections and accounts receivable platform leading the way in fraud prevention, has partnered with GIACT, part of the London Stock Exchange Group and the leader in helping companies positi...

Bectran Adds RSA Encryption for Customer Data

CHICAGO--(BUSINESS WIRE)--Keeping information secure is both a leading challenge and priority among B2B credit, collections and accounts receivables departments. It requires vigilance against scams like identity theft and hacks that intercept vital business and customer information in transit. Bectran, Inc., putting security at the forefront of order-to-cash software, has implemented an option allowing businesses to further safeguard their customer data. The option provides an additional layer...

Safeguard Against Credit Application Fraud with Bectran and Cobalt Integration

CHICAGO--(BUSINESS WIRE)--Bectran, Inc., the industry leader in credit, collections and accounts receivable management technology, has introduced a new collaboration with Cobalt Intelligence, a highly regarded data solutions firm specializing in secretary of state (SOS) data collection. Bectran’s new API integration with Cobalt provides users with a powerful anti-fraud and efficiency generating toolkit. “This collaboration is a realization of our goal to make fraud solutions easier to implement...
Back to Newsroom