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There’s no doubt that every industry wants to ensure that it’s getting the best value from its investment, and its reducing the overhead to stay as competitive as possible. Transport networks are always under pressure to produce more from less.
That’s where transport management software comes in. It allows networks to focus on their front line services while reducing the level of administrative and security burden which doesn’t directly add to the bottom line no matter how essential those functions may be. This works by creating smart cards for passengers to manage payment and access to your network.
Transport Management Software – Saving Money
When it comes to transport management, the biggest advantage of using software is that it saves money. Collecting money across a network is a painstaking task – it requires each point of access to have an agent to take money and then produce change as needed. That means a lot of manpower. If you use a software solution you can reduce the level of manpower required by placing terminals to take payment by cash and card. You still need a maintenance team but that’s a much lower overhead than dozens of money collectors.
Transport Management Software – Financial Security
Another benefit is that money is secured. Your staff can’t make mistakes in cash handling that cost you money. Your cash is better protected against theft and your staff is better protected against robbery. Card payments become more likely and that means less cash on the premises. More importantly these systems rely on the customer charging a smart card to pay for their journeys. That means many customers will pre-pay multiple journeys in a single transaction allowing you to hold the cash for longer – and that improves cash flow.
Transport Management Software – Physical Security
The network also becomes a more secure place for safety reasons. Smart card payment methods also control access to the network – no credit means no entry through a turnstile. In other words, customers who are on your premises have paid for their fares and are accessing through points that can be monitored remotely and kept secure. It also cuts down on the number of ticket collectors that need to be deployed so that additional investment in security remains profitable.
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