Transtrack said that CashWebCommunity platform modules will enable the Absa Group to provide complete end-to-end visibility and a platform for future integration of value added services.

According to the Transtrack, the CashWebCommunity software modules enable commercial banks, central banks, cash-in-transit businesses and retailers to operate an efficient and secure cash process.

Absa Cash Solutions managing executive Gawie du Preez said that Transtrack has enhanced the ability to integrate and manage the end-to-end cash value chain across previously disparate entities, driving business value through improved vendor performance management and enhancing the customer value proposition.

Transtrack International CEO Ronald van Vliet said Transtrack provides software for supply chain optimization and collaboration, enabling the industry to increase their service and decrease the cost of cash.