E-Revolutionary Technology for end-to-end Cash Management in GermanyBy Prne, Gaea News Network
Monday, April 13, 2009
UTRECHT, The Netherlands - Cash Logistik AG is Changing the Cash Industry Using Transtrack International’s Software Suite
Cash Logistik AG (CLAG) is a cash service company in Germany, serving commercial banks and retailers in optimizing their cash usage and taking care of just-in-time and quality services of Cash-In-Transit companies all over Germany. CLAG is the contracting party for customers. CLAG has contracted eight CIT’s all over Germany to perform the physical cash services. With the introduction of the Transtrack’s WebPortal product, CLAG is now able to leverage the Internet in a secure way to serve their customers and connect to their CIT contractors.
Key in the success of CLAG is the smart use of technology. For years now CLAG uses the cash & process optimization software of Transtrack, called TransOptimizer. The software takes care of forecasting cash requirements based upon historical information and several (local) influences of for example ATM machines. Also CLAG is managing retail cash levels and all administration and balancing related to cash movements.
With the introduction of the Transtrack’s WebPortal product, CLAG is now able to leverage the Internet in a secure way to serve their customers and connect to their CIT contractors. The WebPortal allows CLAG to take orders for cash and services from customers and dispatch these orders to TransOptimizer and the CIT’s for further handling. During the process of physical cash movements and services the order track is visible in the WebPortal, and orders and bags can be tracked from start to completion.
CLAG is heading the cash industry with these complete and end-to-end services and technology, making it possible for them to quickly grow their business, while being able to guarantee a premium service and the highest level of control for their customers.
Transtrack International provides sophisticated software solutions to cash businesses around the world. The software is aimed at increasing efficiency, transparency and security. From a total cost of cash perspective the software allows for a decrease of the cost cash for banks. Transtrack’s software is web enabled and connects cash businesses within the supply chain. In the field of tracking & tracing of cash, Transtrack is the market leader worldwide with their TransTrack product.
Source: Transtrack International
For more information: Transtrack International, T +31(0)302404212, F +31(0)302404242, E info at transtrack.nl
Tags: Europe, Netherlands, Transtrack International, Utrecht