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 www.mccainusa.com. 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 http://www.cassinfo.com.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV