This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

McCain Foods USA Implements Cass For Expense Management Services

McCain Foods USA has selected and implemented services of Cass Information Systems (Nasdaq: CASS), the leading provider of freight payment and information management services, to manage business processes associated with McCain’s transportation expenses. Cass will process, audit and pay McCain’s invoices for warehousing and freight shipments across multiple transportation modes – including air, rail, motor and parcel shipments.

Through its service agreement with Cass, McCain expects to achieve long-term cost reduction through tighter invoice audit controls as well as through efficiencies gained by automation and utilization of Cass’ business intelligence tools.

“The roll out of McCain Foods’ processing system has truly been a best-in-class implementation,” said John Pickering, chief operating officer, Cass’ Transportation Information Services division. “Throughout the design, development and testing phases, McCain process owners ensured the Cass system met their business requirements. Their skillful, structured approach to release management resulted in an exceedingly smooth implementation,” he said.

“We selected Cass based on their track record in the industry and their ability to provide us with greater visibility through a more robust, Web-based reporting engine,” noted Vito Parise, senior director, distribution, McCain Foods USA.

“Now that McCain’s process is more automated, more data can be captured from invoices, allowing more efficient and detailed analysis of expenses. Achieving greater visibility into the process is what enables business process improvements and expense reduction,” Pickering added.

About McCain Foods

McCain Foods USA, Inc. manufactures French fried potatoes, appetizers and other products for military and industrial customers, as well as schools. McCain Foods USA, Inc., based in Lisle, Ill., is a subsidiary of Canadian-based McCain Foods Limited, a global leader in the frozen food industry operating 55 facilities worldwide and generating annual sales of over C$6B. With more than 20,000 employees worldwide, McCain is focused on delivering products that meet the growing demand for healthier alternatives. For example, all of McCain’s potato products contain zero grams trans fat. More information is available at

About Cass

Cass Information Systems, Inc. (Nasdaq: CASS) is the leading provider of transportation, utility and telecom expense management and related business intelligence services, disbursing $24 billion annually on behalf of its clients. With total assets exceeding $1 billion, Cass is a thriving business process outsourcer focused on invoice processing, auditing and payment services. Cass is uniquely supported by Cass Commercial Bank, founded in 1906. Today, Cass Commercial Bank is a wholly owned subsidiary, providing sophisticated financial exchange services to the parent organization and its clients. Cass is part of the Russell 2000(R) Index and was recently ranked #65 on the 2009 Fortune Small Business FSB 100 list of the fastest-growing public companies in America. More information is available at

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
CASS $49.47 0.00%
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs