TMS Software Price: What Shippers and LSPs Need to Know

What shippers & LSPs need to know about TMS software

While the concept is still new among long-standing supply chains and freight management companies, cloud TMS platforms – transportation management systems (TMS) – continue gaining popularity. Despite an often wide range of service and TMS software price, powerful cloud-based platforms continue to be in demand, especially among growing companies and businesses looking to maximize profits and reduce operational expenses.

Like most things in life, TMS is not free. An implementation may cost managers money to initially set up and maintain, outside any TMS software price. Balancing TMS fees, TMS pricing variations, and the overall cost of transportation management systems can present a challenge for businesses today.
Let’s examine some of the critical differences in TMS price options in the market and seven benefits you can access through a cloud-based platform.

How to Plan for the TMS Software Price in the Market Today

TMS pricing generally falls under a transactional or subscription-based setup. TMS software based on a transactional pricing model remains popular. It allows users to pay only when the system is in use. Subscription TMS services charge the same TMS fee to heavy and light users, leading to higher payments during idle and low-use periods.

As highlighted by InTek Freight & Logistics, the cost of transportation management systems can vary but tend to reflect the following :

  • Transactional Cloud-Based TMS Price: The final rate is primarily based on how many individual transactions occur in the given billing period. Generally, the cost is $1 to $4 per freight load arranged with the TMS cloud platform.
  • Licensed Subscription TMS Price: The expense can be anywhere between $10,000 to $250,000 for the license and subscription access. There are also annual maintenance fees associated with this TMS setup. While this is also a cloud-based service, it provides a cap on the total use cost.
Smaller companies that require occasional use might be best suited for transactional TMS pricing. However, companies with large freight volumes that need greater versatility would be best served with a subscription TMS license setup.

Fast and Easy Integration With MercuryGate and Cloud TMS Platform Options

Integrating current systems and setups is a significant point to consider when implementing new technology, platforms, systems, and digital tools.
Beyond navigating TMS software price variations and TMS fees, companies must also consider how easy the onboarding and integration process will be for team members, 3PLs, and customers.
The MercuryGate cloud TMS platform shines in this regard, allowing for fast and seamless integration with many existing platforms and setups.
MercuryGate Customized TMS

Gain access to holistic, customized, multimodal transportation management for all modes and methods commonly used in the supply chain today. Protect company and consumer data with state-of-the-art cybersecurity setups. That also includes migration from existing sites or services with less hassle and stress.

MercuryGate Claims Management

Simplify claims and damage reports and make the tedious tasks of freight claims management and reverse logistics strategies easier from start to finish. It is possible with integrated digital forms and electronic document management.

MercuryGate Final Mile

Tap into the power and versatility of intelligent automation with dynamic rerouting, real-time tracking, and seamless communication systems. Keep in touch with drivers and customers and keep everyone informed when changes occur.

These are only a fraction of how a cloud-based subscription model can amplify your use and value-add from a TMS. In addition, managing TMS pricing in the most cost-efficient way gets easier with expert insights and dynamic platform integrations.

7 Benefits of Easy-to-Use Cloud-Based TMS Software Platforms

Managing TMS software price requires shippers to understand their needs and usage levels.

This approach makes it easier to compare transactional and subscription-based TMS fees and find the best TMS pricing setup. Cloud-based TMS platforms and integrated tools make it easier for shippers to utilize services and benefit from access to the TMS cloud:

  • Faster route planning and rerouting.
  • Customized management processes.
  • Improved end-to-end supply chain visibility.
  • SaaS transportation management systems.
  • Delivery option customization.
  • Shipping claims and damages settlements.
  • Enhanced business intelligence and insight.

While working through the various TMS software price options available may seem overwhelming, determining the TMS fee rate and payment plan can make it easier for shippers to take advantage of innovative transportation management solutions.

Calculate your potential Saving While Using an enterprise TMS

Partner With MercuryGate and Gain Control Over the Cost of Transportation Management System Applications

Transactional and subscription rates represent valid options for fleet management teams needing reliable TMS platform access.

While different in their financial structure and impact, both are equally popular among shipping companies of all sizes. The ultimate goal for shippers looking for a TMS setup is to match the correct model with the right TMS software price and design.
Once management decides if transactional or subscription pricing is right, they must weigh the costs and benefits of a cloud-based TMS platform or a TMS license cost approach.

By partnering with industry leaders, shippers can ensure they get the best TMS software price and the best service and support available today. To support your TMS buying journey, we created an eBook to help you identify mission-critical decision criteria for successful TMS selection. Download it today and learn more about:

  • How to measure TMS ROI with cost-savings and total cost of ownership.
  • Building a business case for TMS investment.
  • “Must-have” and advanced capabilities to consider in platform evaluations.

Download the eBook to see how a leading TMS can deliver improved business outcomes and service levels.

Continue your TMS journey with expert advice.

MercuryGate
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