Food and Beverage
Transform your credit, collections, and accounts receivable operations to match the pace and scale of the food and beverage industry.
61%
Of independently operated restaurants fail in their first three years of business.
Automate credit decisions, document collection, and send payment reminders.
Meeting Industry Challenges
The food and beverage industry operates on an immense scale, across great distances, and involves an expansive network of farmers, wholesalers, distributors, franchisees, institutions, and mom-and-pop shops.
Perishable Products
Organic materials shipped long distances make industry operators susceptible to frequent disputes.
Stiff Competition
The competitiveness of the industry creates thin margins for distributors.
Frequent Defaults
High rates of delinquency and late payments create an environment of heightened credit risk.
What our Clients say
"We collect money faster. Compared to last year, we're $10 million ahead, which is substantial in our business."
"It's been a very positive experience. Not only with implementation, but with custom modifications or changes down the road... we have a very good partner in Bectran that listens to and understands our needs."
"Bectran uses advanced logic to connect with our customers and give them more information...[Bectran] has been quicker and easier for our customers."
"The technical team met with us on multiple occasions. They made time available, even during our working hours, in order to implement the solution."
"We're not a cookie-cutter credit department... we were very impressed with how Bectran stuck with us, even with the curveballs we threw."
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