How to Efficiently Analyze and Improve Your Fleet Operation

So, you would like to improve your fleet operation? Well, the first step to improvement involves seeing where your trucking business stands. Figuring out your business records to learn about your finances may sound like a headache, and you may feel tempted to call an accountant.

However, you can easily track and analyze every aspect of your fleet operation online with the help of TruckLogics. TruckLogics is the market-leading online trucking business management program with every tool you need to run and improve your fleet, even if you’re on the road.

How To Efficiently Analyze and Improve your Fleet Operation

Trucking Business Reports

With TruckLogics you’ll always know how your fleet operation is doing with the ability to create and view detailed business reports at the drop of a hat. For example, the Profit and Loss report will show your trucking businesses’ finances for at any time.

The report displays cost per mile, revenue per mile, and profit per mile, so you’ll know if your breaking even, making a profit, or going under on a monthly, quarterly, yearly, or custom time range.

Trucking Expense Management

You can also use TruckLogics to easily manage your expenses and see where your money is going. Any time you or your drivers make a fuel purchase a photo of the reciept can be uploaded to your account for your records. The fuel expenses are so detailed that you can enter the quantity, type, and cost for each transaction.

Are you tired of entering your repeat expenses over and over again for your records? Then let TruckLogics handle it for you. You can set up any payment as a recurring expense and TruckLogics will automatically calculate it into your reports based on its frequency.

Truck Driver Settlements

Speaking of expenses, don’t forget about paying your drivers! TruckLogics simplifies driver settlements by making them easy to instantly handle online. Your drivers pay will automatically be calculated based on your settings.

You can elect to pay your drivers per mile, loaded mile, percentage of revenue, or manually, then the hauling charge will automatically be calculated. Plus, you can add fuel surcharges, accessorial fees, reimbursements or deductions, and even advance the pay for your driver.

Professional Invoicing for Trucking Companies

TruckLogics also makes it easy to get your money by giving you the ability to create custom invoices online. The invoices are completely professional and customizable to suit your individual needs.

They’re so quick and easy to create that Trucklogics even auto-fill some of the fields for you and they can be downloaded, printed, or emailed to go wherever they need to!

You can easily track your invoices based on their due date to track if they’ve been paid. Plus, you will receive alerts to remind you when invoices are coming up, due, or late, so you’ll never forget to collect payment.

Take control of your trucking company now!

Why wait? Take control of analyzing your fleet operation to figure out where improvements could be made today. Simply sign up for your free TruckLogics 15-day trial to start using their innovative features for managing your entire trucking business online.

If you have any questions please feel free to contact the outstanding, US-based TruckLogics support team and visit TruckLogics.com for more trucking blogs.