Cass Information Systems Named a Hot Company by PARCEL

PARCEL’s Hot Company recognition highlights Cass’s role in parcel spend management and transportation financial operations for high‑volume shippers.

Rhea-AI Summary

Cass Information Systems (CASS) has been named a 2026-27 Hot Company by PARCEL, which covers the small-package supply chain industry.

The recognition highlights Cass's parcel spend management capabilities, including analytics-driven invoice auditing, carrier payment processing, and transportation financial operations that aim to improve visibility, financial accuracy, and control for high-volume shippers.

Key Terms

parcel spend management

1 terms

parcel spend management technical

"leadership in parcel spend management and transportation financial operations"

Parcel spend management is the process companies use to track, control and optimize the money they spend sending packages—covering carrier selection, negotiated rates, shipment routing, packaging, returns and billing reconciliation. It matters to investors because shipping costs are a recurring operating expense that affect profit margins, cash flow and scalability; like managing household utility bills, small efficiency gains or pricing changes can have outsized effects on a business’s financial performance.

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Recognition underscores Cass's leadership in parcel spend management and transportation financial operations

ST. LOUIS, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Cass Information Systems, Inc. (Nasdaq: CASS) has been named a 2026-27 Hot Company by PARCEL, a leading media source covering the small-package supply chain industry. Cass was recognized among a select group of solution providers featured in PARCEL's annual Hot Companies issue.

"Being recognized by PARCEL validates the value we deliver to high-volume shippers navigating an increasingly complex parcel environment," said Tony Urban, President - Transportation Information Services. "Carrier pricing changes, new surcharge structures, evolving service offerings, and increasing cost pressures make parcel management more challenging than ever. Cass helps organizations gain control, improve financial accuracy, and make better decisions with confidence."

Cass helps organizations manage parcel shipping costs through a comprehensive parcel spend management solution that includes invoice auditing, carrier performance analysis, service claims management, reporting, cost allocations, accrual support, and carrier payments. By combining advanced analytics with a robust payment infrastructure, Cass helps shippers improve visibility, strengthen financial controls, and optimize transportation spend.

Organizations use Cass to:

• Improve financial accuracy across parcel operations
• Identify savings opportunities and reduce unnecessary costs
• Recover eligible claims and billing discrepancies
• Strengthen carrier negotiations with better data and reporting
• Gain deeper visibility into shipping activity and cost drivers
• Ensure charges are validated, allocated, paid, and reported consistently

For more than 70 years, Cass has supported large and complex shippers with transportation financial management solutions that deliver both operational insight and financial confidence. As a publicly traded financial holding company, Cass applies rigorous controls and accountability to transportation spend management, helping organizations trust the data behind their decisions.

"Parcel spend management requires more than visibility alone," Urban added. "Organizations also need confidence in the financial process. Data creates visibility. Financial integrity creates confidence. The world's largest shippers choose Cass because they need both."

Organizations seeking to improve parcel visibility, optimize costs, and strengthen financial controls can learn more at cassinfo.com/parcel.

The complete list of 2026-27 Hot Companies is available in PARCEL's annual Hot Companies issue.

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 $94 billion annually on behalf of clients, and with total assets of $2.5 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.

Media Contact:
Melia Cothran
Cass Information Systems, Inc.
314.640.1754
mcothran@cassinfo.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What parcel spend management services does Cass provide to shippers?

Cass offers a parcel spend management solution that includes invoice auditing, carrier performance analysis, service claims management, reporting, cost allocations, accrual support, and carrier payments. By combining these services with advanced analytics and a payment infrastructure, Cass aims to help organizations improve visibility, strengthen financial controls, and optimize transportation spend.