Freight and cargo transportation companies faced several expense-related challenges, such as-
Tracking fuel expense and optimizing efficiency.
Maintenance and repair expenses that impact operational efficiency.
Driver expense is a challenge with regulations, reimbursement policies, and accurate record-keeping.
Toll and road expenses such as recording, reconciling, and allocating charges to trips or drivers.
These expenses got to add up quickly, leading to significant impacts on the company’s bottom line.
Additionally, manual expense tracking processes were time-consuming and error-prone, leading to inaccuracies in expense reports.