Webinar - 5 Practical Strategies to Maximize Cash Flow & Cut Upstream Costs | Aug 21

Register Now

Webinar - 7 Must-Do M&A Moves for Land & Owner Relations Pros | Aug 27

Register Now

Webinar - Webinar - How Data Centers & LNG Are Reshaping Natural Gas Demand Across Key U.S. Basins | Sept 16

Register Now

Automating Driver Pay Calculations

Share:

Accurate payroll is a must in bulk commodity transportation. Drivers expect their pay to be on time and correct, and when it's not, it causes frustration, extra admin work, and retention issues. A fast, reliable payroll helps keep your team moving and your operations running smoothly. 

Despite the widespread availability of transportation management software, too many organizations still rely on manual processes that are susceptible to delays and errors. A high-quality transportation management system (TMS) can automate driver pay and integrate it into a holistic view of your entire operations. 

The Complexity of Driver Pay Structures

Calculating driver pay in bulk transportation markets requires an understanding of how several key variables can affect the payout structure. The commodity type, trip distance, equipment type, and regional regulations can make driver payroll logistically challenging. Managing all of this manually is inefficient and error-prone. 

With modern bulk commodity transportation software, you can automatically track these variables and integrate them into your pay calculations. Whether you’re looking for oil and gas logistics software or your company hauls construction materials, water, or even waste products, there’s no guesswork required. The best TMS solutions will provide on-time, error-free pay calculations that accurately reflect the work your drivers perform. 

Smarter Workflows from Dispatch to Payroll
ntegrated dispatch and payroll system for trucking companies

Using a TMS with integrated dispatch trucking software and on-board financial tools allows trip data to flow directly from scheduling and dispatching into driver pay calculations. This unified software solution provides several significant advantages throughout the entire transportation lifecycle. 

Error-Free Pay Calculations

With TMS, driver pay is calculated based on pre-defined rules that reflect your actual operations, not theoretical situations. TMS generates payroll-ready driver data with no manual entry required.

Capturing Real-Time Mileage and Idle Time

You’ll always know where your drivers are and whether they’re experiencing any delays. This live data allows transportation companies to adjust on the fly and allocate resources to optimize their fleets, dramatically improving dispatching efficiency. TMS can also leverage this data to help improve turnaround times, reduce fuel expenses, and decrease idle time, resulting in better on-time performance.

Convenient Tools for Drivers

Another important aspect of driver pay calculations is the drivers themselves. Providing them with access to TMS data and handy mobile apps can help with navigation and documentation, reducing their need to perform administrative tasks and allowing them to focus on efficiency and safety. This makes drivers happier and more productive, while helping operators retain top talent and reduce costly driver turnover.

Comprehensive Financial Tools
Real-time mileage tracking with transportation management software

TMS provides many additional financial features beyond automated driver pay calculations and accurate payroll models. The best TMS solutions can also track fuel expenses and idle time, automate invoicing and billing, and minimize reporting errors.

PakEnergy Solves Your Payroll Problems

With PakEnergy’s TMS, you’ll never have to wonder if crucial data like commodity types, trip distances, and wait times were properly recorded, calculated, and analyzed. PakEnergy provides end-to-end support for transportation companies, keeping your operations running smoothly with features like automated load management and smart dispatching. 

For more information about how PakEnergy can optimize your driver pay calculations and streamline your transportation operations, schedule a demo today! 

Download this free ebook, and explore smarter ways to streamline your transportation operations today. »
Streamline your transportation operations today - Download eBook