TLDR - Here's what you need to know
Deciding on the right software for your freight brokerage business is a big decision. You want to ensure that the software you're adding to your business adds value and that it makes your life easier by doing things like automating tasks and improving the ways you collaborate and work with your customers, partners and internal team.
There are many softwares you can choose to help run your freight brokerage but there are a few key softwares that are critical to ensuring that your business runs smoothly.
We've put together a list of the best softwares for freight brokers to help you figure out what software might help your business, as well as examples of those softwares that you can look into.
Managing money and cash flow is an important part of running a successful freight brokerage. As a freight broker, it's important to have an accounting software in place that can help you with managing the financials of your business.
Two popular accounting softwares amongst freight brokers are QuickBooks and Xero. QuickBooks is a popular accounting software for small businesses. It's easy to use and can help you stay organized with your finances. It also integrates with many other business applications, making it a valuable tool for freight brokers.
Xero is another popular accounting software, and it offers many of the same features as QuickBooks. It also integrates with a variety of business applications, making it a valuable tool for freight brokers to utilize to manage the business' financials.
Both QuickBooks and Xero are a cloud-based applications, which means you can access it from any device with an internet connection. This can be helpful if you need to access your accounting information while on the go.
Another software all freight brokers should have is a transportation management software (TMS). A TMS is a valuable tool for freight brokers to have, as it can help you automate tasks, improve communication with customers and partners, and make your business more efficient.
There are many different freight broker software options available, so it's important to do your research and find the one that best suits your business needs. Some of the factors you'll want to consider include cost, ease of use, functionality, and integrations. The right TMS can help you streamline your freight brokerage business and make it more efficient. So if you're looking for a way to streamline processes and automate manual tasks, a TMS might be the answer.
Like your accounting software, you'll also want the transportation management system you choose to be cloud-based, so that you can access it wherever there is an internet connection. This helps make it easy to collaborate with your team, even if someone isn't working in the same location as you, and to integrate with the other softwares you use.
If you're currently looking for a TMS be sure to check out Rose Rocket's TMS software.
Carrier safety and compliance software is another must-have software for freight brokers. This software can help you ensure that your carriers are compliant with safety regulations, which can help protect your business and your customers. Using a safety and compliance software will also give you the peace of mind that your freight is being moved with carriers you can trust.
There are many different carrier safety and compliance software options available, so you'll want to do your research. Two common safety and compliance softwares are Registry Monitoring Insurance Services (RMIS) and SaferWatch.
RMIS is a popular carrier safety and compliance software amongst freight brokers. It offers many features that can help businesses stay safe and compliant, such as managing insurance and compliance information. Another carrier safety and compliance software is SaferWatch. Similar to RMIS, it also offers features like knowing insurance information of a carrier, as well as their safety ratings.
Being easily able to access information about whether a carrier is compliant or not, will make choosing carriers to work with easier. Carrier safety and compliance softwares can help you ensure that you're working with carriers who you can trust. This will help you build a network of trustworthy carriers that you can rely on to move your freight.
There are many factors to consider when choosing software for your freight brokerage business. We hope that the software solutions and companies we've listed here provide a starting point for you when researching and determining what software you want to implement in your freight brokerage. When looking for software for your freight brokerage, it's also beneficial to talk to other freight brokers and get recommendations on the freight brokerage softwares they think are the best to have.
Get a custom demo of how Rose Rocket can work for your transportation business.