The Best Carrier Management System With HorizonGo
What Is A Transportation Management System?
A transportation management system, or TMS, is software that controls billing, fleet maintenance, driver pay, driver records, IFTA reports, and DOT compliance in addition to dispatching trucks or carriers. A Carrier Management System also improves customer service across all business domains while streamlining operations by enhancing carrier routes and supplying crucial information.
How Does TMS Software Works?
TMS Software ensures that important information flows in real-time, throughout every component of the company. From accounting to dispatching, maintenance to compliance, billing to driver pay, and all in between; A TMS offers a single integrated system, and there all important information relating to billing, drivers, customers, equipment, revenue, rates and charges is recorded & handled.
Why Does A Trucking Business Need TMS Software?
A TMS System is a vital to maintain pace with this market. Several transportation companies and brokers confront thin profit margins stemming from lack of efficiency and oversights. They are often created by manual methods they have relied upon for years, with growth, the tasks of inputting data manually and in different locations are too much to keep up with.
What Are The Primary Benefits Of A Transportation Management System?
The best TMS provides following benefits for the firms:
Dramatically simplify your dispatch procedures and improve your quality of client care.
Enable you to rapidly quote rates to both potential and existing customers.
Print shipment bills; tackle driver’s advance and total revenue.
Track all your vehicles, drivers, and loads so you know where they are at all times.
A TMS Includes Which Extensions And Integrations?
The transportation software program you choose should be able to expand with your trucking company. To make sure that your TMS can satisfy your needs over the long term, look into whether the following integrations are offered.
• EDI (Electronic Document Interchange)
• DriveAxle Integration
• SaferWatch Integration
• eFax Integration
• Macropoint Integration
• ELD Integration
• Fuel Card Interface
• Load Boards Interface
• Mobile Communications
• Commissions Reporting
• Document Imaging
• Internet Shipment Tracking
What Conditions Must Comply Before Purchasing TMS Software?
There are many ways to run a brokerage company: you could have dispatchers who work for both businesses and run operations out of one office; you could have two separate databases in one office; you could have completely independent operations or offices for each business; or you could be somewhere in the middle. Your TMS needs to be adaptable so that it may fit your business structure, whichever you decide to do it.
The TMS automatically "knows" whether your own vehicle was allocated to a cargo once you enter it into the system and whether it belongs to your carrier or Brokerage Company.
Speed: A flexible TMS can instantly transfer that information to your carrier database and perform subsequent accounting stages if you wish to enter all loads into your brokerage business database and then mark to carry some loads manually.
Reporting: You can run accurate reports in minutes rather than hours with a TMS that understands how you conduct your particular operations.
Integration: A TMS can decrease data entry errors and speed up reporting so that it happens in minutes rather than hours by having the ability to link with other business systems, such as your accounting software.
Choices: Several suppliers provide cloud-based or on-premise TMS alternatives, which increase your flexibility.
How Will Government Rules Affect The TMS?
Regarding DOT Government Regulations, it is crucial that the TMS solution you choose has a stellar reputation for quality control and customer service. The supplier ought to have a well-honed process for delivering product updates that take into account adjustments to the ELD Mandate and Hours of Service, IFTA Fuel Tax Reporting, Driver Management, DOT compliance, and any other governmental regulation changes that have an impact on the Transportation Industry as a whole. Your transportation company's continued compliance with all laws and regulations depends on these product updates.
Conclusion
Carrier systems and transportation consist of interdependent relationships that Carrier management requires transportation to perform its day to day activities and meanwhile, a good Carrier system can efficiently improve transportation development and traffic environment.
Since transportation contribute the highest cost among the related elements in Carrier systems, the improvement of transport efficiency can change the overall performance of a Carrier system. Transportation plays an important role in Carrier system and its activities appear in various sections of Carrier processes. Without the linking of transportation, a powerful Carrier strategy cannot bring its capacity into full play.
