Case Study: Ideker Incorporated improves cash flow and payments efficiency with Commerce Bank

Strong relationships help Ideker Incorporated pave the road to success.

Ideker Incorporated, a family-owned construction company based in the Kansas City area, experienced strong growth that doubled its revenue over a decade. This expansion created evolving financial needs, including the management of cash flow during seasonal cycles and the desire to streamline its payment processes. To address these challenges, the company partnered with its long-time financial vendor, Commerce Bancshares.

Commerce Bancshares implemented several solutions, including enabling credit card acceptance to simplify payments and stop bad checks, providing a lockbox to accelerate the receipt of customer payments, and automating accounts payable with a virtual card program. These measures improved Ideker's cash flow by ensuring payments hit their account sooner and provided a revenue share from the virtual card program. The dependable relationship and tailored solutions from Commerce Bancshares were credited as a key factor in the company's continued success.

Ideker Incorporated