Case Study: Bettis Group of Companies streamlines growth and payments with Commerce Bank

The Bettis Group is paving its way to success

The Bettis Group of Companies, a growing construction firm, faced challenges in managing its expanding operations and cash flow across multiple subsidiaries. They sought financial solutions to support acquisitions, equipment purchases, and efficient accounts payable processes, leading them to partner with Commerce Bancshares.

Commerce Bancshares provided a comprehensive suite of services including acquisition financing, working capital lines of credit, automated accounts payable with virtual credit cards, and purchasing card management with Visa Spend Clarity. This resulted in streamlined operations, improved cash flow management for large state projects, significant time savings in accounts payable and receipt tracking, and additional revenue through a revenue share program. The Bettis Group nearly quadrupled its revenues over the past decade, and Commerce Bancshares was credited as a key partner in their growth.

Bettis Group of Companies