Cass Information Systems (NASDAQ:CASS) is an outsourcing company that helps businesses manage complex invoices and payments. Businesses give Cass to manage their freight, utility, telecom and waste payables because they complicated to calculate and verify and are the most prone to mistakes and errors.
Cass uses its advanced processes and its personnel to minimize mistakes and convert the data included in invoices to useful information benefiting its customers' expense management. Moreover, through its bank subsidiary manages and processes its customers' funds for payable transactions providing them with greater fund security, transparency and flexibility.
Cass is paid for its services on a per item basis and also generates some more income from its bank. Depending on the time it...
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