Cass Information Systems [NASDAQ:CASS]: Simple Direct-To-Carrier Payments Promote IT Governance of BYOD

Bring Your Own Device (BYOD) is only expected to grow as businesses are progressively becoming mobile first in how they communicate, access applications and consume data. The trend towards employee-owned devices has its fair share of challenges, as employers are apprehensive about the security of the corporate data, while they also welcome BYOD as an effective alternative to buying and maintaining a variety of devices. Employees, on the other hand, are concerned about the privacy of their personal data and the cost incurred for work expenses. The pioneering solution of Cass Information Systems is focused on simplifying the task of IT teams by streamlining the management of BYOD devices for enterprises and individuals. The patented direct-to-carrier payments solution from Cass provides reimbursements to the employees as a positive motivation for registering their devices with their employer’s BYOD ecosystem—thereby enabling efficient and secure management of these devices.

The innovative Cass Direct2Carrier payment registers employees with the employer’s program. Typically employers will offer an array of reimbursement levels that correspond to the employee’s level of business usage. The Cass Direct2Carrier solution facilitates monthly payments to the employee’s wireless carrier account. Employees can use the carrier of their choice just about anywhere around the world without any intrusion of the personal data in that device. Every month, the employee’s wireless bill will include a credit that records the amount the employer has provided to offset the employee’s cost. This payment method has helped IT organizations eliminate BYOD reimbursement through expense reports and payroll stipends.

Cass’s additional forte includes the management of telecom devices owned by enterprises–which allows the enterprise to aggregate the costs for mobility into one authoritative record– Cass ExpenseSmart, a cloud service that can feed other enterprise applications. An important feature of the Cass BYOD solution ensures IT governance with corporate security standards. Via Cass’s integrations with first-class mobile device management (MDM) systems such as VMware Airwatch, MobileIron, Microsoft Intune, IBM Maas360, and others, the Cass solution is able to suspend BYOD stipend payments when employees are not in compliance with standards, such as not maintaining the MDM client.