Why financial management within TMS is crucial for trucking companies?
Problems
Why Trucking Companies Struggle Financially?
No Finance Function or CFO
99.7% of SME trucking companies in the US operate without a finance function.
This leads to $20B in annual losses across the industry.
Siloed Data & No Financial Expertise
Disconnected systems and no financial visibility.
>$80K lost per carrier every year from poor decisions and inefficiencies.
Excessive Manual Work
Carriers spend 30% of their time on repetitive manual tasks.
Costing them $30K+ per year in wasted effort.
Manual Reconciliation
1 out of 1,000 invoices goes unpaid and 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.
