Cass Information Systems Launches Working Capital Solution for Shippers and Carriers
08 Mayo 2024 - 11:40AM
Business Wire
Cass Information Systems, Inc. (Nasdaq: CASS), the leading
provider of global freight payment solutions, announces the
availability of Amplify by Cass™, an addition to the Cass Financial
Suite® that helps enterprises and their freight carriers improve
working capital levels.
As freight flows become more efficient, Amplify by Cass bridges
the gap between a shipper’s efficiencies and desire to increase
working capital and their carriers’ needs to be paid timely. By
adopting Amplify by Cass, shippers support some of their most
valuable partners—their carriers—by providing an early payment
solution.
“Amplify by Cass is more than a financial solution. It’s an
interconnected partnership between Cass, shippers, and carriers
that provides cash flow efficiency and working capital together to
promote a healthier financial ecosystem within the supply chain,”
said Jeff Carlson, Cass vice president of global sales and
marketing.
“As Cass evolves, we are staying laser-focused on improving our
clients’ financial performance through enhanced cash flow options,
increased visibility to both spend and market data, and operational
excellence,” said Tony Urban, president of Cass’s freight payment
organization. “We have teams focused on all of the above. This is
an exciting addition to our service portfolio.”
Cass’s fully integrated freight payment solution blends invoice
lifecycle management, optimized cash flow and payment options, deep
spend visibility, and market intelligence to create a complete
solution used by many of the world’s largest shippers.
About Cass Information Systems
Cass Information Systems, Inc. is a leading provider of
integrated information and payment management solutions. Cass
enables enterprises to achieve visibility, control and efficiency
in their supply chains, communications networks, facilities, and
other operations. Disbursing over $90 billion annually on behalf of
clients, and with total assets of $2.3 billion, Cass is uniquely
supported by Cass Commercial Bank. Founded in 1906 and a wholly
owned subsidiary, Cass Commercial Bank provides sophisticated
financial exchange services to the parent organization and its
clients. Cass is part of the Russell 2000®. More information is
available at www.cassinfo.com.
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Melia Cothran Cass Information Systems, Inc. 314.640.1754
mcothran@cassinfo.com
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