Commerce Bancshares
50 Case Studies
A Commerce Bancshares Case Study
Digital Monitoring Products (DMP), a security and communications manufacturer, sought to improve the efficiency of its accounts payable system. They partnered with Commerce Bank to implement the Commerce Bank Payment Hub, a portal designed to automate their payment processes.
Commerce Bank's solution automated DMP's payments by interfacing with their accounting system, eliminating the need to write hundreds of checks monthly. The results included saving the AP department a significant amount of time and reducing paper check volume by over 75%. DMP also earned a growing revenue share from card payments. Commerce Bank's service and relationship management were key to the successful implementation.