Trade Reference Network

Leverage clean, verified trade data in seconds — backed by automation, security, and scale. 

• **Receive References in Seconds: **Eliminate collection and response delays by automating your workflow, enabling your team to submit or fulfill a request in under 20 seconds.
• **Data You Can Count On: **Whether you’re sending a reference or requesting one, Bectran connects you to a trusted network of suppliers sharing live AR data — whether you’re sending or receiving.
• **Send References Easier: **When suppliers are in-network, you receive instant, standardized reports. For out-of-network suppliers, the platform streamlines the process while maintaining accuracy.

Rethinking References Trade references play a critical role in assessing new customer risk. However, collecting and responding to those requests often demands a significant investment of time — often emails, summaries, and follow-ups, slowing down approvals and pulling your team away from high-value work.

A Smarter, Scalable Exchange As application volumes rise and decisions demand escalation, credit teams must turn to scalable ways to exchange verified reference data. By streamlining both the request and response sides of the reference process, you shorten turnaround times, gain better visibility, and stay in control of shared data. Rather than overhaul your existing process, teams can improve upon what already works, and scale it effectively.

Share and Receive with Ease The Trade Reference Network simplifies how suppliers exchange reference data — eliminating complicated email chains or phone-tag. When a reference is requested, the system scans the network for connected suppliers and pulls verified AR data into a clean, standardized report. Frequent requesters can even automate responses entirely — delivering consistent summaries within seconds. Whether you're requesting or responding, it's fast, secure, and fits seamlessly into your existing credit workflow.

Features

• Instant Reference Exchange: Submit or fulfill trade reference requests in under 20 seconds—no emails or phone calls needed.
• Verified AR Data: Access clean, standardized reports from in-network suppliers or streamline out-of-network requests.
• Automated Workflows: Frequent requesters can automate responses, reducing manual effort and turnaround time.
• Comprehensive Audit Trail: Every transaction is logged with identity verification for full transparency.
• Scalable Integration: Easily connects with existing credit workflows to support growing application volumes.