Case Study: Granite City Electric Supply Co. achieves payment efficiency and new revenue with CommercePayments from Commerce Bancshares

Granite City Electric Testimonial

Granite City Electric Supply Co., a wholesaler based in Quincy, MA, sought to create greater payment efficiencies within its accounts payable process. The company partnered with Commerce Bancshares and implemented its CommercePayments® AP Card program to help automate payments and unlock a new revenue stream.

Commerce Bancshares provided a virtual card program that replaced supplier check payments. This solution helped Granite City Electric generate a monthly revenue share, reduce check-writing costs, and minimize fraud risk. According to Beth Lewis, the AP Manager, the program was successful from both an efficiency and convenience standpoint. The Commerce team provided ongoing support for implementation and program growth.

Granite City Electric Supply Co