Case Study: ETS-Lindgren improves accounts receivable efficiency with Commerce Bank merchant services

By accepting credit cards, Austin-based tech company, ETS-Lindgren, solves a common AR challenge.

ETS-Lindgren, an Austin-based technology manufacturer, faced an accounts receivable challenge where a disproportionate amount of time was spent collecting on small, past-due invoices. To improve efficiency, they partnered with vendor Commerce Bancshares and began using their Merchant Services to accept credit card payments.

The solution implemented by Commerce Bancshares allowed ETS-Lindgren to shift customers with smaller orders to upfront credit card payments. This drastically reduced the collections burden on their AR team. As a result, ETS-Lindgren now receives between $250,000 to $1 million in card payments monthly, freeing staff to focus on higher-value accounts and improving overall efficiency.

ETS-Lindgren