Press Releases September 15, 2026 08:00 AM

Cass Information Systems Named a Hot Company by PARCEL

Cass Information Systems recognized as a leading parcel spend management solution provider by PARCEL magazine.

By Priya Menon
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CASS

Cass Information Systems, Inc. (Nasdaq: CASS) was named a 2026-27 Hot Company by PARCEL, highlighting its leadership in parcel spend management. The company offers comprehensive solutions including invoice auditing, carrier performance analysis, and payment management that help large shippers optimize costs and improve financial accuracy amidst growing complexities in the parcel shipping industry.

Cass Information Systems Named a Hot Company by PARCEL
CASS
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Key Points

  • Cass was recognized among top solution providers by PARCEL magazine in its annual Hot Companies issue for 2026-27.
  • The company provides advanced parcel spend management services that enhance financial accuracy, cost optimization, and carrier negotiation capabilities for high-volume shippers.
  • Cass has a 70+ year history and significant financial backing through its subsidiary Cass Commercial Bank, managing over $94 billion annually for clients.

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
[email protected]


Risks

  • Increasing complexity in carrier pricing and surcharge structures could pressure Cass's ability to maintain competitive and effective parcel management solutions.
  • Dependence on ongoing demand from large shippers who must manage parcel costs tightly; an economic downturn reducing shipping volumes could impact revenue.
  • Competitive pressures from other supply chain technology and financial service providers could affect market share and growth.

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