Freight Payment Provider Cass Recognized with Green Supply Chain Award
ST. LOUIS, Dec 9, 2010 (Marketwire) -- Cass Information Systems, Inc. (Nasdaq: CASS), the nation's leading provider of freight payment services, has received a 2010 Green Supply Chain Award from Supply & Demand Chain Executive. Cass was recognized for its accomplishments in using advanced technology to remove significant amounts of paper from the freight payment process.
Providing transportation expense management 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 and many others. Cass has consistently made significant technology investments that enable the reduction of paper through an aggressive focus on EDI invoice processing and electronic payments. Additionally, Cass continues to expand its use of advanced technologies to collaborate and share documents online with carriers, while reducing the exchange of paper documents.
"Leading companies are recognizing sustainability as a potential competitive advantage in a time of supply constraints and demand volatility," said Andrew K. Reese, editor, Supply & Demand Chain Executive. "The 2010 Green Supply Chain Awards highlight the role of the supply chain as a key enabler of sustainability."
Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web at www.SDCExec.com.
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(R) 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 www.cassinfo.com.