Global provider of freight audit and payment solutions Cass Information Systems (CIS) – not to be confused with IATA’s CASS settlement platform – has acquired ocean and airfreight audit platform AcuAudit from Acuitive Solutions.
AcuAudit is a pre-payment global freight bill audit module that receives data inputs from carriers, 3PLs and forwarders and then automatically validates the correct invoices and isolates discrepancies.
The module prompts carrier self-correction prior to payment and aims to reduce the time and cost of administration.
Missouri, US-based CIS said the platform aims to provide shippers with a “fast and accurate understanding of landed costs at the product level”.
“The Acuitive team has built a truly exceptional solution to support the advanced needs of global shippers,” said Tony Urban, president of Cass’s freight audit and payment group. “Today, with a best-in-class solution for every mode as well as full global coverage, Cass offers the most robust freight audit and payment offering worldwide. We are the sole global provider for large shippers with complex transportation operations across all modes.”
Urban added: “We look forward to working with AcuAudit’s current clients, delivering the same extraordinary services they’re accustomed to, while offering payment options as well as audit capabilities for all other modes.”
Phil Marlowe, president and co-founder of North Carolina, US-headquartered Acuitive, will support CIS with strategy & industry insights.
He said: “I am excited for AcuAudit to become a part of Cass as I’ve always wanted our vision to endure and thrive beyond me. I’m thankful for the efforts and dedication of the entire Acuitive team who made this possible. They, and our customers, will benefit from AcuAudit being integrated into Cass, with its financial capabilities and global reach.”
Marlowe will retain and lead Acuitive as it continues to expand its expedited shipment routing and multi-carrier parcel manifesting solutions for the retail and high fashion industries.
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