What does TMS Software do?
TMS software is another term for freight forwarding software. The abbreviation TMS stands for Transport Management System. A TMS primarily handles the billing and invoicing of forwarding services based on rates and special agreements agreed upon and stored with carriers, partner forwarders, and shippers. In addition, a TMS usually offers further modules for order and fleet management, online shipment recording, dispatching, route planning, document management, and more.
Possible functions (modules) of TMS software (selection):
- Billing and invoicing (core function)
- Creation of credit notes
- Online order recording
- Dispatching
- Route optimization
- Telematics
- Document management
- Fleet management
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