Commerce Bancshares
50 Case Studies
A Commerce Bancshares Case Study
UTXL, an expedited freight broker, faced operational challenges when its staff had to work remotely during the pandemic, particularly with its accounts payable process of printing and mailing checks. The company, a client of Commerce Bancshares, also needed to navigate its acquisition by a larger transportation firm while maintaining its lean operations and trusted banking relationship.
Commerce Bank implemented its CommercePayments® Payment Hub solution, which automated UTXL's supplier payments using virtual cards or checks and provided a revenue share. This streamlined the AP process, saved time, and allowed staff to focus on higher-value work. As a result, UTXL successfully adapted to remote work, maintained its partnership with Commerce Bank through its acquisition, and continued its growth, with the vendor proving to be a trusted financial partner.