Cass Information Systems, Inc
Bringing Enhanced Clarity to Transportation Spend

Complete visibility into transportation spend and access to valuable shipping data and analytics is the ultimate game-changer for shipping businesses. Cass Information Systems, Inc. delivers this and more. Founded as a commercial bank more than a century ago, Cass, today is at the forefront of providing integrated information and customized payment management solutions for freight billing, telecom, utilities, and B2B commerce segments. Strongly focused on freight audit and payment management, its business intelligence platform CassPort® provides full visibility into the transportation spend of shippers. This helps them optimize logistics costs and scale their businesses, while its fully-owned subsidiary Cass Bank guarantees payment security.

“We bring value to shippers by providing centralized visibility into their transportation spend and enabling efficient freight bill processing,” says Jeff Carlson, VP of sales and marketing at Cass Information Systems.

Cass’s state-of-the-art data analytics significantly enhances clients’ freight billing efficiency by unlocking the value held within their transportation and supply chain data in approved and paid invoices. It leverages these analytics to provide benchmarking data on freight transportation rates across North America, which helps shippers analyze their logistics expenses better and determine the most cost-effective shipment methods.

The analytics also enable Cass to create relevant reports on the exact freight audit and payment data needed by clients. It empowers clients to build their reports through CassPort, where they can view different dashboards, gather required transportation expense data, and perform ad hoc reporting to improve their freight billing and payment processes.

Cass’s tech tools enable shippers and carriers to securely exchange invoicing data for analysis.

It has significantly invested in artificial intelligence, machine learning, and OCR technology to efficiently read and process clients’ paper invoices, eliminating errors from manual data entry.

Along with these, Cass offers managed services as part of its value-added services. Through an online solution that can be deployed on domestic and global scales, it helps manage claims on freight audits and payments on behalf of clients.

Cass’s efficient freight auditing and invoicing capabilities have earned it a diverse clientele from startups to Fortune 500 companies. Its global payment processing abilities help aggregate the entire freight spends information of large, multinational companies with multiple billing sub-locations into a central location without disrupting their individual production unit processes. Similarly, Cass helps startups manage their exponentially growing business requirements by providing a highly scalable, automated payment processing solution.

Another important facet is Cass’s quick financing capabilities provided through Cass Commercial Bank. The bank provides early payment to carriers on behalf of the shipper on short notice, as low as two days, while offering shippers the option of paying back the capital in 45, 60, or 90 days. This enables shippers to optimize their working capital and pay Cass after receiving payments from their customers.

Cass leverages its team’s industry experience and data analytics capabilities to assess clients’ freight audit and payment processes, cost allocation for their general ledger, and payment approval levels. Through meticulous process mapping, it identifies areas for improvement and removes redundancies from the client’s processes. Based on its findings, Cass customizes its solutions and platform to meet client needs.

Cass is on a mission to script more success stories with its freight invoicing services and cutting-edge analytics technology. Driven to help shipping businesses scale and become more efficient, Cass is well-positioned as the ideal partner for premium freight audit and payment management for companies of all sizes.