In this episode of The Haul Diego Larrea from Ruckit discusses the benefits contractors, trucking companies and material producers are seeing by using this new tech. From invoicing to GPS stamped deliveries, digital tickets are changing the industry for the better.
Hi! I’m Diego Larrea. Welcome to the first episode of The Haul, where we cover current trends, news, and technology in heavy materials transportation, in 90 seconds or less!
Today, we take a look at digital ticketing in an industry that still relies on paper tickets by the truck load.
Chances are you’ve heard from your electric company or bank asking you to “go green” by using paperless bills and statements. Well in trucking, it’s so much more than just “going green”. Large carriers and contractors are starting to go paperless to improve accuracy, cut down back office hours, and in many cases invoice faster. It is now possible to roll-out programs like these because so many drivers today own a smartphone and can just download an app.
Accuracy and Timing have been huge issues in materials transportation for as long as the construction industry can remember. A driver drops off a load of dirt, someone writes them a paper ticket, and that paper ticket gets lost, takes weeks to turn in, or somehow gets counted twice. Now that digital tickets are here, things like digital signatures and geolocation can help validate each and every load that is delivered or picked up in real-time.
According to feedback from Ruckit users, contractors and carriers are seeing up to 3% of the tickets they’re paying for are invalid. Which is, on average, over $200,000 overpaid for material transportation on their projects each year. That money is near impossible to recover without the visibility that digital tickets provide.
For trucking companies digital tickets are proving valuable by saving time spent in the back office to sort and manually enter the information into spreadsheets. This reduces the time it takes to invoice customers, so they have less gap between accounts payable and accounts receivable.
Lastly material companies like aggregate, asphalt, and concrete producers are using digital tickets to give their customers visibility into their delivery times and status. Customers love it.
It’s clear Digital tickets are a trend that is already making a big impact in construction costs, and we only expect it to get better as more and more companies adopt the technology.
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