Top 5 Advantages of a Cloud-Based TMS in Trucking

There are an estimated 580,000 motor carriers that operate in the United States — and as a result, the trucking and freight industry is a competitive market. This makes it critical for new and growing trucking companies to find and employ every advantage that they can.

Technology may prove to be the answer in the form of a cloud-based Transportation Management System (TMS) — like TenTrucks TMS. Innovative tech solutions can give companies a competitive advantage that can help them reach their business and financial goals. Trucking and freight companies interested in investing in a Transportation Management System and learning more about how it can set their company apart may find the answer in our list of the Top 5 Advantages of a Cloud-Based TMS in Trucking.

Key Benefits of a Cloud-Based Transportation Management System

A cloud-based Transportation Management System is an innovative logistics software platform that is easily accessible via the web — which allows companies to interact with the software from anywhere with an internet connection. When compared to on-premise Transportation Management Systems where the software is housed and maintained in a single location, users will find an impressive list of benefits and advantages that include ease of use, scalability for freight businesses, real-time freight tracking, increased efficiency, and much more. 

1. Real-Time Freight Tracking

Knowing where your trucks and cargo are at all times provides freight companies with an incredible advantage and the ability to provide transparent communication and updates for customers. With the potential to integrate with Electronic Logging Devices (ELDs) and advanced GPS applications, a cloud-based TMS allows companies to know where shipments are in real-time and be more proactive with their customer communications and route optimization.

2. Reduced Costs

A Transportation Management System is key to success in the freight industry — whether it is a cloud-based or on-premise system — but a cloud-based TMS can help you reduce costs. On-premise TMS platforms involve higher hardware costs and increased on-site maintenance costs that will impact your bottom line. Cloud-based TMS platforms employ pay-as-you-go or subscription-based models with no hardware needed that will increase costs. When you add the cost benefits of advanced route optimization software and other features, a cloud-based TMS can help you achieve your financial goals.

3. Easily Scaled to Fit Your Needs 

The economy continues to change and that means that businesses need to change with it in order to be successful. This is where a cloud-based TMS can provide an incredible advantage. A cloud-based platform with a suite of standard features and functions can meet the needs of many companies and can be upgraded with software upgrades and software integrations, like QuickBooks® accounting software, for example, that increase your capabilities and allow you to meet your growing needs. 

4. Enhanced Automation 

The day-to-day administrative tasks for a freight company take time and effort, and human error can lead to added complications. A cloud-based TMS has the ability to automate many day-to-day tasks, like completing shipping invoices, planning loads, and dispatching. This eliminates busy work and allows freight company employees to focus on more complex tasks. 

5. Access to Advanced Analytics

Making the right decisions for the right reasons is important to the success of your freight company and a cloud-based TMS can provide access to advanced analytics. Predictive analytics and advanced data sets can highlight inefficiencies in your operations that allow you to make data-based changes that have a greater impact on the health of your business. 

READ MORE: How To Choose a Cloud-Based TMS Provider

Are you on the fence about investing in a cloud-based TMS for your freight company? This list of the Top 5 Advantages of a Cloud-Based TMS in Trucking may illustrate how a cloud-based platform can provide a competitive advantage for you and your business in a competitive environment. 

Contact TenTrucks today for more information on our TenTrucks TMS platform and dispatching services!