Dear Carrier Partners,
We want to take a moment to address recent concerns and provide some clarity on the situation regarding our payables.
Financial Stability: First and foremost, we want to reassure you that C.A.T. Global remains financially stable and committed to maintaining strong relationships with our valued carrier partners.
Financial System Change: Recently, we underwent a significant change to our financial systems. This transition unexpectedly impacted the visibility of our payables and is what contributed to significant delays in processing payments.
Increased Communication Volume: As a result of these issues, our payables team had been inundated with an unusually high volume of emails and calls. This understandably affected our ability to respond and communicate effectively with you, our carrier partners.
Resolution & Acceleration: We are pleased to report that the issues has been resolved, and we up to date on payments for any outstanding balances.
Restoring Trust: We understand that this situation has caused instability and concern, which may have shaken the trust you've had in our brand. Please know that this is an isolated issue, and we have always been committed to making timely payments to our carriers. Once again we are fully caught up and are dedicated to rebuilding the trust you had in C.A.T. Global in the past.
Payment Status Requests: If you have already made a request to
paymentstatus@cat.ca, please rest assured that we will be in touch with you shortly. If you haven’t reached out yet, please feel free to email us at the address, and we will follow up with you promptly.
Once again, we sincerely apologize for any and all unexpected disruptions and doubt in our brand this issue has caused. We appreciate your understanding and patience during this time, and we are working hard to regain your trust..