using technology to effectively grow and manage …...qrisk management features 2019...

2019 Accelerate! Conference & Expo • Women In Trucking Association

Using Technology to Grow & Manage Your Business


What’s Your Goal?


Growing & Managing Your Business

What’s Your Goal?Generate the most revenue possible, at the lowest cost

possible


What’s the secret to success in

business?

Provide the most value possible to your

customers

Growing & Managing Your Business


Agenda

ü Best practices in choosing a Load Board to achieve maximum value;

ü What an electronic payment platform is, and how it can help you save time and make money; and

ü What a TMS is, and how it can help you efficiently manage your entire trucking business

You’ll learn:


What is a Load Board?

An online freight market place where carriers,

shippers and freight brokers can post and search for loads

to keep freight moving efficiently.


Features to Consider

qCapacity & Freight Solutions

qMarket Rate Data

qSupply & Demand Data

qRisk Management Features


Capacity & Freight Solutions

üHigh volume of legitimate loads & trucks

üReal-time updates

üAdvanced search features


Capacity & Freight Solutions: Search Grid


Capacity & Freight Solutions: Heat Map


Capacity & Freight Solutions: Archived Posts



üCapacity & Freight Solutions

qMarket Rate Data




Market Rate Data

ü Quick reference on load or truck posting

ü Posted & paid rates

ü Trends across time

ü Outbound rates at destination


Market Rate Data: Example




üMarket Rate Data




Supply & Demand Data

üWhat is supply? What is demand? Why are they important?

üSupply: Number of available trucks

üDemand: Number of available loads

üSupply & Demand: Impacts pricing on spot market


Supply & Demand Data: Example

ü Ratio of available loads: available trucks

ü Loads picking up and dropping off




üMarket Rate Data

üSupply & Demand Data



Risk Management Features

üHow are you vetting transportation partners on spot the market?

üImportant information§ Payment trends§ Credit ratings§ Good & bad reports


Risk Management Features: Example




üMarket Rate Data

üSupply & Demand Data

üRisk Management Features


Agenda




You’ll learn:


Electronic Payment Platforms

An electronic payment system gets carriers paid faster and more securely than paper-checks, and

offers transparency into payments.



ü Multiple payment options (Same day & next day ACH, Fuel Card, Wire Transfer)

ü Affordable quick pay optionü No contracts, no sign-up

fees, no minimum commitment

ü Free for standard payments

ü Mobile application

üAutomatic payment notifications


Manage Payments from Device


Quick Pay from Device

1 2 3


Agenda




You’ll learn:


What’s a TMS?

TMS stands for Transportation Management System. A TMS allows you to manage your entire trucking

business in one system.


Choosing a TMS

ü Easy load management

ü Integrations: Load board & accounting software

üCloud-based: You shouldn’t be tied down to a particular device or computer

ü IFTA Reporting

ü Simple invoicing process


Easy Load Management


12

Simple Invoicing


Simple Invoicing3


4

5

Simple Invoicing


IFTA: Easily Enter Fuel Receipts


IFTA: Quickly Generate Quarterly Reports


Agenda




You’ll learn:


Questions?

using technology to effectively grow and manage …...qrisk management features 2019...

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