Commerce Bank is pleased to announce the launch of Commerce Connections Direct, developed in collaboration with FISPAN, a leading North American fintech, to offer embedded banking within customers’ Enterprise Resource Planning (ERP) systems to automate processes, payments and financial information.
Commerce Connections Direct provides an enhanced banking and treasury experience with a limited technology burden. Customers benefit from a wide variety of streamlined capabilities including account reconciliation, payment initiation, remittance advice and more. Supported ERP and accounting platforms currently include QuickBooks Online and Sage Intacct. Customers can quickly be set up to integrate their ERP directly with their Commerce accounts, simplifying payments and receivables, reducing errors and boosting process automation.
“We’re proud to be one of the early banks providing this solution,” said Todd Adler, senior vice president, Director of Treasury Management for Commerce Bank. “Companies have made significant investment in their ERPs; integrating their banking and payments into those systems and increased automation allows our customers to more comprehensively leverage those investments. We selected FISPAN for this endeavour because of our shared commitment to evolving to meet future needs and providing exceptional client experiences.”
“We’re thrilled to be working with CommercePayments on this integration,” said Clayton Weir, FISPAN CEO. “Providing their customers with an enhanced embedded banking experience directly within their ERP platforms is key to the customer first evolution of a digital forward bank.”
CommercePayments leverages decades of industry knowledge and experience to provide a full suite of solutions for payable, receivables, information management, risk management, liquidity and investments
Source: Company Press Release
