Commerce Bank: Providing Value for our Members in their Accounts Payable Processes

February 15, 2017

WSHA Industry Partner Commerce Bank is helping hospitals transform their accounts payable processes and identify and realize potential savings. Commerce Bank has deployed their proven methodology for over 400 hospitals across the nation and helped them to leverage existing accounts payable processes for all payment types. The reason their solutions have been so successful is because they are able to:

  • Identify which vendors fit best into which payment type
  • Contact vendors to discuss payment terms and discounts
  • Explore the use of supply chain finance to free up available short term cash
  • Utilize AP automation to meet invoice processing and payment goals specific to each of their clients
  • Integrate with existing processes thereby causing minimal disruption with the adoption of their tools

Commerce Bank conducts a free in depth vendor spend analysis that will provide your organization with a customized strategy for each payment type to help you capitalize on savings and maximize revenue. You can see an example of what spend analysis looks like here. To learn more about Commerce Bank  please contact Julie Brock   503.894.2953. (Paul Unsworth, paulu@wsha.org)

Affiliates

Contact Us

Washington State Hospital Association
999 Third Avenue
Suite 1400
Seattle, WA 98104

Map / Directions

206.281.7211 phone
206.283.6122 fax

info@wsha.org

Staff List