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Stock impact report

Cass Information Systems Forms Strategic Partnership with Brazilian Firm Lupeon to Drive Global Growth

Cass Information Systems, Inc (CASS) 
US:NASDAQ Investor Relations: ir.cassinfo.com
Company Research Source: Business Wire
Partnership demonstrates continued commitment to deliver best practices and global visibility to multinational clients ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS) (“Cass”), the leading global provider of freight audit and payment solutions, has announced a partnership with Lupeon, Brazil’s leading freight audit provider, to deliver an in-region solution for Cass’s global client base.U.S.-based Cass provides a global solution covering all other regions of South America. In Brazil, unique regulatory requirements for freight charges necessitate a highly distinct process. An invoice can include federal, regional, and city taxes, as well as tolls and insurance. Additionally, to combat fraud, carriers file invoices with the Brazilian tax authority, who in turn issues the invoice to the shipper.“Our clients, many of whom operate in Brazil, prefer a single platform for global visibility into their freight spend. The Lupeon solution allows this, no matter where Show less Read more
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