By introducing a robust Trucking Management Software, companies can also maximize weights, minimise miles and calculate days or weeks needed for delivering any of the products. Companies can streamline and manage the logistics, allowing us to save time and money. If we look at the statistics, the global trucking management software size was 2.5 Billion dollars in 2019 and is expected to double by 4.8 billion dollars by the end of 2025. Transportation businesses are managed manually, so solutions are not optimized. With time if the integration of technology doesn’t happen, it leads to a lack of information and incomplete data about the shipping orders or truck’s load factor.
Before highlighting many of such advantages, let us look at a few more things:
Why trucking management software?
The trucking management software is not helping anyway with the rules and regulations of a country but surely it can help in making the paperwork quicker and easier. Additionally, you may have to manage –
- Dispatch Records
- Invoices
- Expense Records
- Driver Pay Records
- Mileage Reports
- Management reports
- Interstate Fuel Tax Agreement reports and payments
- Truck maintenance records
Benefits of Integrating trucking management software:
Not only for managing and tracking goods and trucks but the integration of trucking management software can also let us achieve better customer satisfaction and loyalty. An extensive trucking management software offers –
- Optimize delivery Operations
- Gain predictive visibility
- Calculate resource utilization
- Evaluate Profit Margins
- Better manage and mitigate risks
- Reduce logistics expenses
- Trace and track of delivery vehicles
- Promote accountability among drivers or carriers
Who can Benefit from trucking management software?
Trucking management software is mostly used by those businesses which have to move, ship, and even receive goods daily. For example –
- Retail business solutions providers
- Distributors
- eCommerce solutions provider
- Manufacturers
Features of Trucking Management Software System:
To have seamless management of trucks and products, it must be ensured that these features are integrated or developed by a software development company.
1. Load Planning and Dispatch
2. Billing and Invoice
3. Order Processing
4. Vehicle Management
5. LTL Orders
6. Document Management
7. Fuel Management
8. Truck Routing
9. Reports and Analytics
10. Load Tracking
11. Integrated HR
12. Payroll
13. Accounts Receivables/ Payables
Additional Features:
– DOT Compliance
– IFTA Compliance
– EDI Integration
– ACH Direct Deposit & Check
– Service/Vehicle Maintenance
Functionalities that influence the cost of trucking management software:
Even if it is a standalone product or may contain multiple components for a broader suite, the cost of product development depends on the company’s objectives and need for a unique set of functions to support these needs.
In addition to it, technology integration or 3rd party services may also boost the development budget. And so, the cost is calculated based on the complexity and time it will take in completing the development process.
In total, the approximate trucking management software development cost may range between $250-$350K. We may come across other costs, like Cloud solutions, license, and also implementation & support costs but, the above mentioned is a general cost range.
Conclusion:
Many of the businesses were able to attain collaboration with office staff and truck drivers, enabled quicker deliveries, lowered risks, offered high fleet visibility and happy customers with the help of logistics software development companies like Coding Brains.
An efficient trucking management software makes your job easier – whether it is managing the trucks or carrying loads. Its features let you manage operations quickly with a single dashboard.
So, if you are in one of the above-mentioned businesses, you can connect with us for the best IT services like coding brains to help with trucking management software to enlarge the circle of your business.
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