Freight Audit & Payment Leader Cass Named Among Top 100 Logistics IT Companies
ST. LOUIS, MO, Aug 26, 2010 (MARKETWIRE via COMTEX) --
Cass Information Systems, Inc. (NASDAQ: CASS), the nation's leading provider of freight audit and payment services, has again been named a Top 100 Logistics IT Provider by Inbound Logistics. Cass was recognized for its customized freight audit and payment solutions that enable efficiencies in invoice processing, hard and soft dollar savings, and extensive business analytics and visibility into their transportation costs.
Providing freight audit and payment services since 1956, Cass serves many of the Fortune 500 including Caterpillar Inc., Ford Motor Company, Emerson, The Hershey Company, The Kroger Company, Macy's Inc, Whirlpool Corporation, Unilever and others.
"When choosing this year's Top 100 Logistics IT Providers, Inbound Logistics editors looked at excellence in solving transportation and logistics challenges, but at a higher, more strategic level," stated Felecia Stratton, the publication's editor. "Selections were based on how transformative logistics IT solutions impact all business activities and drive integration across internal processes as well as external processes for vendors and customers. Cass Information Systems was selected because its solutions offerings solve specific logistics challenges and improve processes, and create a ripple effect of efficiencies across the entire value chain. Inbound Logistics is proud to honor Cass for innovative solutions empowering logistics and supply chain excellence."
Every year, Inbound Logistics editors recognize 100 logistics IT companies that support and enable logistics excellence. Drawn from a pool of more than 300 companies, using questionnaires, personal interviews and other research, Inbound Logistics selects the Top 100 Logistics IT Providers who are leading the way in 2010. Editors seek to match readers' fast-changing needs to the capabilities of those companies selected. All companies selected reflect leadership by answering Inbound Logistics readers' needs for simplicity, ROI, and efficient implementation.
About Inbound Logistics
Inbound Logistics is the pioneering publication of demand-driven logistics practices, also known as supply chain management. IL's educational mission is to guide businesses to efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning supply to demand and adjusting enterprise functions to support that paradigm shift. More information about demand-driven logistics practices is available at www.inboundlogistics.com
About Cass Information Systems, Inc.
Cass Information Systems, Inc. (NASDAQ: CASS) is the leading provider of transportation, utility and telecom expense management and related business intelligence services, disbursing more than $24 billion annually on behalf of its clients. With annual revenues approaching $100 million and total assets exceeding $1 billion, Cass is a business process outsourcer focused on invoice audit, processing and payment services. Cass Commercial Bank, established in 1906, is a wholly owned subsidiary and Federal Reserve Member Bank, providing sophisticated financial exchange services to the parent organization and its clients. Cass is part of the Russell 2000® Index and was ranked #65 on the 2009 Fortune Small Business FSB 100 list of the fastest-growing public companies in America. More information is available at http://www.cassinfo.com.