STOCK TITAN

Cass Information Systems Forms Strategic Partnership with Brazilian Firm Lupeon to Drive Global Growth

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership

Cass Information Systems (Nasdaq: CASS) has partnered with Lupeon, Brazil's leading freight audit provider, to enhance its global freight audit and payment solutions. The partnership addresses Brazil's unique regulatory requirements for freight charges, which include federal, regional, and city taxes, tolls, and insurance.

The collaboration enables Cass's multinational clients to maintain a single platform for global freight spend visibility, with local support and carrier onboarding handled by Lupeon while maintaining seamless reporting through Cass. This strategic move follows Cass's recent launches of Amplify by Cass™ and a SONAR integration partnership.

Cass Information Systems (Nasdaq: CASS) ha stretto una partnership con Lupeon, il principale fornitore di audit per il trasporto merci in Brasile, per migliorare le sue soluzioni globali di audit e pagamento delle spese di trasporto. Questa partnership tiene conto dei requisiti normativi unici del Brasile per le spese di trasporto, che includono tasse federali, regionali e comunali, pedaggi e assicurazione.

La collaborazione consente ai clienti multinazionali di Cass di mantenere un'unica piattaforma per la visibilità delle spese di trasporto globali, con supporto locale e onboarding dei vettori gestiti da Lupeon, mentre la reportistica rimane senza soluzione di continuità tramite Cass. Questa mossa strategica segue i recenti lanci di Amplify by Cass™ e di una partnership di integrazione SONAR.

Cass Information Systems (Nasdaq: CASS) se ha asociado con Lupeon, el principal proveedor de auditoría de fletes en Brasil, para mejorar sus soluciones globales de auditoría y pago de fletes. La asociación aborda los requisitos regulatorios únicos de Brasil para los cargos de flete, que incluyen impuestos federales, regionales y municipales, peajes y seguros.

La colaboración permite a los clientes multinacionales de Cass mantener una única plataforma para la visibilidad del gasto en flete global, con soporte local y la incorporación de transportistas gestionada por Lupeon, mientras que la elaboración de informes se realiza sin problemas a través de Cass. Este movimiento estratégico sigue a los recientes lanzamientos de Amplify by Cass™ y a una asociación de integración SONAR.

Cass Information Systems (Nasdaq: CASS)는 브라질의 주요 화물 감사 제공업체 Lupeon과 협력하여 전세계 화물 감사 및 지불 솔루션을 강화했습니다. 이 파트너십은 연방, 지역 및 시세 세금, 통행료 및 보험을 포함하는 브라질의 독특한 화물 요금 규제 요건을 충족합니다.

협업을 통해 Cass의 다국적 고객들은 전세계 화물 지출 가시성을 위한 단일 플랫폼을 유지할 수 있으며, Lupeon이 현지 지원 및 운송업체 온보딩을 담당하고 Cass를 통해 원활한 보고가 이루어집니다. 이 전략적 움직임은 Cass의 최근 Amplify by Cass™ 및 SONAR 통합 파트너십 출시를 따릅니다.

Cass Information Systems (Nasdaq: CASS) s'est associé à Lupeon, le principal fournisseur d'audit de fret au Brésil, pour améliorer ses solutions mondiales d'audit et de paiement des frais de fret. Ce partenariat répond aux exigences réglementaires uniques du Brésil concernant les frais de fret, qui comprennent les taxes fédérales, régionales et municipales, les péages et les assurances.

La collaboration permet aux clients multinationaux de Cass de maintenir une plateforme unique pour la visibilité des dépenses de fret mondiales, avec un soutien local et l'intégration des transporteurs gérée par Lupeon, tout en maintenant un reporting fluide via Cass. Ce mouvement stratégique fait suite aux récentes lancements d'Amplify by Cass™ et d'un partenariat d'intégration SONAR.

Cass Information Systems (Nasdaq: CASS) hat eine Partnerschaft mit Lupeon, dem führenden Anbieter von Frachtprüfungen in Brasilien, geschlossen, um seine globalen Lösungen für Frachtprüfung und -zahlung zu verbessern. Die Partnerschaft berücksichtigt die einzigartigen regulatorischen Anforderungen Brasiliens an Frachtkosten, die Bundes-, Regional- und Stadtsteuern, Mautgebühren und Versicherungen umfassen.

Die Zusammenarbeit ermöglicht es den multinationalen Kunden von Cass, eine einzige Plattform für die globale Übersicht der Frachtkosten zu nutzen, wobei die lokale Unterstützung und die Akquise von Transportdienstleistern durch Lupeon erfolgen, während die Berichtserstattung nahtlos über Cass abgewickelt wird. Dieser strategische Schritt folgt auf die kürzlichen Einführung von Amplify by Cass™ und einer SONAR-Integrationspartnerschaft.

Positive
  • Strategic expansion into Brazilian market through partnership with leading local provider
  • Enhanced global service offering for multinational clients
  • Efficient market entry strategy avoiding costly direct scaling
Negative
  • None.

Insights

This strategic partnership with Lupeon marks a significant expansion into Brazil's complex freight audit market. The collaboration addresses unique regulatory challenges in Brazil's freight charges system, including multi-tiered taxation and strict anti-fraud measures. The partnership's value proposition lies in offering seamless global visibility through a single platform while leveraging Lupeon's local expertise.

The move aligns with Cass's recent strategic initiatives, including the launch of Amplify by Cass™ and SONAR integration, demonstrating a cohesive global expansion strategy. For multinational clients, this provides a comprehensive solution that maintains compliance while streamlining operations. The partnership approach is more cost-effective than organic expansion, potentially improving margins while accelerating market penetration.

Partnership demonstrates continued commitment to deliver best practices and global visibility to multinational clients

ST. LOUIS--(BUSINESS WIRE)-- Cass Information Systems, Inc. (Nasdaq: CASS) (“Cass”), the leading global provider of freight audit and payment solutions, has announced a partnership with Lupeon, Brazil’s leading freight audit provider, to deliver an in-region solution for Cass’s global client base.

U.S.-based Cass provides a global solution covering all other regions of South America. In Brazil, unique regulatory requirements for freight charges necessitate a highly distinct process. An invoice can include federal, regional, and city taxes, as well as tolls and insurance. Additionally, to combat fraud, carriers file invoices with the Brazilian tax authority, who in turn issues the invoice to the shipper.

“Our clients, many of whom operate in Brazil, prefer a single platform for global visibility into their freight spend. The Lupeon solution allows this, no matter where our clients are located,” said Kees de Jongh, vice president of Cass’s freight audit and payment group. “It makes more sense to partner with Lupeon rather than continue to scale on our own. Not only is this the most efficient approach, it’s also the one that will deliver the best client experience.”

Client support and carrier onboarding will be provided locally by Lupeon, with a roll-up to a global Cass account manager. Other aspects of the solution, such as reporting, will be seamless through Cass.

“Our commitment to Brazilian companies and our ambition to lead freight audit innovations in this market led us to this partnership with Cass,” said José Fernando Abreu, CEO of Lupeon. “By combining our localized expertise with Cass’s global footprint, we can offer unparalleled service to our multinational clients.”

This news follows two recent product expansions from Cass: Amplify by Cass™, a working capital solution for shippers and carriers, and an integration partnership with SONAR for advanced market intelligence.

Contact Cass here to learn more.

About Cass Information Systems, Inc.

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 $90 billion annually on behalf of clients, and with total assets of $2.3 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.

About Lupeon

With more than 20 years of experience across over 30 industries—including food, automotive, textile, and chemical—Lupeon has revolutionized freight management in Brazil. The company audits over R$4 billion in freight annually, with hundreds of shippers and over 78,000 carriers utilizing its platform. Learn more at https://lupeon.com.br/.

Melia Cothran

Cass Information Systems, Inc.

314.640.1754

mcothran@cassinfo.com

Source: Cass Information Systems, Inc.

FAQ

What is the purpose of Cass Information Systems' partnership with Lupeon in Brazil?

The partnership aims to deliver an in-region freight audit solution for Cass's global clients in Brazil, addressing unique local regulatory requirements while maintaining single-platform visibility for global freight spend.

How will CASS handle operations in Brazil through the Lupeon partnership?

Lupeon will provide local client support and carrier onboarding in Brazil, while Cass will maintain global account management and reporting through its platform.

What are the specific regulatory challenges CASS addresses with this Brazilian partnership?

The partnership addresses Brazil's complex freight charge requirements, including federal, regional, and city taxes, tolls, insurance, and the unique process where carriers must file invoices with Brazilian tax authorities.

Cass Information Systems Inc

NASDAQ:CASS

CASS Rankings

CASS Latest News

CASS Stock Data

603.02M
13.57M
10.73%
60.1%
1.36%
Specialty Business Services
Services-business Services, Nec
Link
United States of America
ST. LOUIS