Vendor Enrollment
Commerce Bank is a full circle payment processor that offers both issuing and payment acceptance services. As a result, our employees have a unique understanding of both your needs and those of your vendors as well. Unlike most other A/P solution providers, we have a Vendor Enrollment team to do the heavy lifting by enrolling your vendors in ControlPay® Advanced on your behalf.
Since this is the dedicated role of each team member, we can reach farther into your vendor list than most other A/P providers who offer vendor enrollment. Our Vendor Enrollment Team contacts additional viable candidates, thus generating more A/P spend
and maximizing your revenue share potential.*
Your vendors benefit in the following ways:
- Increased cash flow
- Guaranteed funds
- Reduced A/R collection costs
- No credit check or credit limit required
- Improved cash forecasting
- Increased loyalty
Disclosures:
- Revenue share is based on transaction volume
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