Commerce Bank has led the way in banking innovation, establishing the country’s first 24-hour transit department, introducing the first full-scale International department and offering the first bank card to have the combined feature of a credit card and an ATM card. Headquartered in Kansas City, Commerce Bank holds $24 billion in assets. It is the 37th largest U.S. bank based on asset size.
Since implementation, automation is contributing to not only a faster financial close for Commerce Bank, but also a more accurate one due to the workflow in Trintech’s solution. Every facet of the reconciliation process is visible via executive dashboards, which allow users to drill down to information based on their organizational role.