Cass Information Systems Acquires AcuAudit to Enhance Global Freight Audit Solutions
- Cass Information Systems strengthens freight audit leadership by acquiring AcuAudit, enhancing service offerings for ocean and air freight.
- The acquisition improves operational visibility and efficiency, positioning Cass for greater market share in freight audit and payment.
- Integration of AcuAudit’s technology with Cass’s infrastructure aims to deliver best-in-class solutions and streamline logistics for clients.
Cass Information Systems Expands Global Reach with AcuAudit Acquisition
Cass Information Systems, Inc. has recently bolstered its position as a leader in freight audit and payment solutions by acquiring AcuAudit from Acuitive Solutions LLC. AcuAudit is renowned for its sophisticated freight audit platform that caters specifically to ocean and international air freight. This acquisition is significant as it allows Cass to enhance its service offerings, providing advanced audit and accounting automation capabilities that enable shippers to quickly assess landed costs at the product level. With this integration, Cass aims to solidify its reputation as the sole global provider catering to large shippers with intricate logistics requirements.
Tony Urban, president of Cass's freight audit and payment group, emphasizes that this development will further enrich Cass's already comprehensive service portfolio. He expresses excitement about upholding AcuAudit’s high service standards while simultaneously expanding payment options and audit capabilities. The acquisition not only aims to enhance operational visibility and efficiency for clients but also positions Cass to capture a greater share of the freight audit and payment market. By combining AcuAudit’s specialized tools with Cass’s established infrastructure, the company is poised for sustained growth and innovation in its service delivery.
Phil Marlowe, president and co-founder of Acuitive Solutions, will remain actively involved following the acquisition, lending his expertise to ensure a smooth transition. He expresses optimism about the partnership, believing it will enhance customer experience and operational capabilities across the board. As Acuitive Solutions continues to focus on developing cloud-based digital routing guide solutions for air freight and parcel shipments, the collaboration with Cass will allow for a more extensive service offering tailored to the needs of the retail and high-fashion sectors.
Through this acquisition, Cass Information Systems not only expands its capabilities but also reinforces its commitment to delivering best-in-class solutions. The company’s impressive track record, managing over $90 billion in disbursements annually and backed by Cass Commercial Bank, positions it well for the future. With its recent recognition as one of America’s best midsize companies and its inclusion in the Russell 2000®, Cass is set to continue its trajectory of growth and innovation in the freight audit and payment landscape.
As Cass integrates AcuAudit into its operations, clients can expect enhanced financial capabilities and an extended global reach, enabling them to navigate complex logistics challenges more effectively. The combination of Cass’s robust service offerings and AcuAudit’s technological advancements is likely to create a more streamlined experience for shippers, further establishing Cass as a key player in the industry.