Why Financial Management Within a TMS Is Crucial for Trucking Companies?
Problems
Why Trucking Companies Struggle Financially?
No Finance Department or CFO
99.7% of SME trucking companies in the US operate without a finance function.
This results in over $20 billion in annual losses across the industry.
Siloed Data & Lack of Financial Expertise
Disconnected systems and no financial visibility.
Each carrier loses an average of $80,000 per year due to poor financial decisions.
Excessive Manual Work
Carriers spend 30% of their time on repetitive manual tasks.
Costing them $30K+ per year in wasted effort.
Manual Reconciliation
About 1 in 1,000 invoices goes unpaid or unreconciled.
That’s $25K lost per carrier annually — $12B total industry-wide
No Data-Driven Decision Making
No KPIs. No consolidated financial view.
$25K per year lost on guesswork and poor planning
Delayed Financial Visibility
Carriers lack real-time financial visibility, delaying critical decisions and cash flow control.
Solution
Empower your trucking company with real-time data integration, intelligent analysis, and actionable insights
Empower SME trucking companies with data integration, relevant analysis, and actionable financial insights
Features
Smart Financial Management for Trucking — Simplified
Track, plan, and grow your profits with AI-powered insights
Financial Dashboard & Double Entry Accounting
Real-time financial overview with trucking-specific chart of accounts, double entry system, and full general ledger.
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Analysis & Forecasting
Track key KPIs, trends, and breakeven points with full integration to Datatruck TMS. Plan growth using scenario-based forecasting and financial levers.
Reports & Spend Management
Access P&L, Balance Sheet, Cash Flow, and Trial Balance reports. Analyze costs per driver and per truck for smarter spending.
Feature
Ledger, COA, Double Entry
Yes
Yes
No
Yes
Al agents
Yes
No
No
No
Industry specific
Yes
No
No
No
Accrual costing
Yes
Partly yes, but manual
No
No
Integration with TMS
Yes, full integration
Partial integration
No
No
Interoperability with APIs
Yes
Yes
No
Yes
Financial Management
Yes
No
Probably
No
Consolidation
Yes
No
No
Yes
Features
Value Proposition
We provide a clear advantage over general-purpose accounting software.