Bill.com and Commerce Bank Join to Create Payment Service for Small to Medium Size Businesses
Bill.com is proud to announce it is working with Commerce Bank to offer CashFlow Complete, an easy, AP and AR automated service powered by Bill.com Connect. Connect is our new banking payments platform that offers banks of all sizes the power, simplicity and visibility businesses need to manage cash flow and payments digitally.
Today, banks have the opportunity to redefine and reestablish what banking means for business customers. Traditionally, banks have either offered a product with low cost but limited functionality, or sophisticated technology that goes beyond the needs (and budgets) of small and medium sized businesses. In fact, in a recent study conducted by Bill.com, we found that nearly half of all small businesses in the Midwest are looking for more digital tools.
As a long-standing, innovative bank operating across the Midwest and South for over 150 years, Commerce understands the challenges faced by small businesses in local communities. With CashFlow Complete, Commerce Bank helps meet those challenges by providing customers access to a business banking experience that offers the power, simplicity and cash flow management that comes from Bill.com.
This powerful tool will allow users to easily manage approvals and seamlessly sync existing accounting software for greater visibility and control of their cash flow. Commerce Bank customers can make electronic payments and save time spent paying bills with pen and paper. Commerce Bank customers also now have access to the largest payments network, with over 2 million members processing $36 billion annually.
Bill.com and Commerce Bank brings the best of both worlds—the personal banking experience that Commerce Bank customers have come to know and love, now with the ability to digitally manage their cash flow and end-to-end payments from Bill.com—all in a central, easy-to-use platform.
For more information on CashFlow Complete, visit here.