Skip to the main content.
Contact Us Login
Credit Solutions
1_Collections Icon
Collection Services Maximize Debt Recovery, Lower Write-Offs, and Improve Cash Flow
2_UCC Filings Icon
UCC Filing Services Protect Your Inventory, Equipment, and Receivables
3_Lien Process Icon
Notice & Mechanic's Lien Services Secure Your Payment Rights on Construction Projects
4_Job Info App Icon
Lien Waiver Management Protect Your Payments and Streamline Lien Waivers
Credit Tools
9_Lien Calculator Icon
Tools to Save You Time & Money Commercial Collections: Less Write-Offs, More Confidence
4_Job Info App Icon
Job Info App Instantly Verify Job Details to Protect Lien and Bond Rights
5_LienFinder Icon
LienFinder™ Mechanic's Lien Data to Reduce Credit Risk
6_LienTracker Icon
Lien Tracker® Online Track Lien Deadlines and Send Preliminary Notices
7_Lien Digest Icon
National Lien Digest© State-by-State Lien Laws Summarized, Updated, Easy to Follow
8_OnDemand Webinars Icon
OnDemand Webinars Learn about UCCs and Mechanic's Liens at Your Convenience
Credit Resources
10_Credit Hero Blog Icon
Articles & News Discover the Latest Industry News and Insights
11_Case Study Icon
Case Studies Our Clients Share Their Experiences and Successes
12_Events
Upcoming Events Explore What's Next and Mark Your Calendar
8_OnDemand Webinars Icon
Live Educational Sessions Expert-Led, Virtual or In-Person Educational Sessions

1 min read

Bectran and NCS Partnership Brings Integrated UCC Solutions

NCS Credit April 28, 2022

UCC Credit Risk Management Partners
Bectran and NCS Partnership Brings Integrated UCC Solutions

Bectran Partners With NCS Credit to Deliver Credit Teams an Integrated UCC Filing Solution for Asset-Backed Credit Quality Monitoring

CHICAGO–(BUSINESS WIRE)–Credit, Collections & Accounts Receivable Software leader Bectran, Inc. has partnered with NCS Credit to release the industry-leading UCC (Uniform Commercial Code) Filing solution. This solution eliminates the time spent initiating the UCC filing process through the direct transmission of UCC filing data in digital format to NCS Credit from the Bectran platform.

Traditional methods of initiating UCC filing are tedious and time-consuming, requiring external navigation to the UCC services provider site and the submission of multiple documents. This manual process becomes prohibitively more time-consuming and expensive for companies with very high volumes of credit transactions. The delays caused by manual processing often prolong the approval of new customer lines of credit, extending the order-to-cash cycle and potentially damaging customer relationships. It is worth noting that abstaining from UCC Filing prevents creditors from establishing themselves as a secured party, inhibiting their ability to recover their exposure from debtor assets in the event of a credit default.

The Bectran UCC Filing solution delivers significant process improvements through integration and task automation. Bectran automatically aggregates all the information required to file a UCC from multiple data points on a customer account using pre-configured UCC Filing data aggregation templates. This information is transmitted directly from the customer account to NCS Credit, where the preparation and maintenance of the UCC filings are handled before retransmitting all relevant UCC detail back to Bectran. Bectran’s UCC Filing Solution was designed to fit seamlessly into business’ new customer onboarding workflows without disrupting current operations.

“Bectran’s catalog of third-party process and data integration services are designed to simplify day-to-day credit management tasks through automation. Eliminating the manual data entry associated with current methods of UCC filing allows our customers to maximize process productivity and deliver faster credit processing turnaround time,” said Louis Ifeguni, CEO of Bectran.

“Businesses are fraught with staffing challenges,” said Mary Cowan, president of NCS Credit. “In today’s labor market, reducing your staff’s workload is paramount. NCS is easing the stress on credit departments through industry-leading technology and strategic partnerships such as this. We work with our clients to arrive at an ideal solution, deliver it seamlessly, and support it unconditionally. And there is always someone to answer questions. We have the capacity and expertise to ensure you are in the best possible position to get paid.”

View Press Release Here

Case Study: When Your Process Can't Keep Up with Your Growth

Outgrown your preliminary notice process? See how a major construction supplier automated its workflow, saved 50+ hours a week, and never missed a deadline.

Read More

March Madness Matchup: Credit Management Tools Ranked

Discover the top credit management tools from our March Madness showdown. Learn how UCCs, preliminary notices, & more can strengthen your credit strategy.

Read More

How to Secure Credit with UCCs as Default Rates Rise

Learn how to secure credit with UCC filings as business defaults rise, impacting trade creditors and small businesses in a challenging economic landscape.

Read More