Driver Settlements Software | Leading the way in Trucking Dispatch Software | Truckload Software

DRIVER SETTLEMENTS

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ACCOUNTING
 
DRIVER SETTLEMENTS
 
NOVA is a powerful tool for making sure that your drivers and agents get paid promptly and accurately. With NOVA you have the flexibility to customize settlements for each driver/agent or for a group. This means that you can take advantage of opportunities to negotiate better deals.
 
 
NOVA gives you the ability to pay your drivers: 
 
  • by Mile 
  • as a Percentage of Revenue 
  • Flat Rate per Trip.
 
Break tables allow you to scale your payments so that short, or low revenue trips can be paid at one rate and longer high revenue trips can be paid at a different rate.
 
 
KEY FEATURES
 
NOVA can tell the difference between freight and accessorial revenues. This means that you can compensate drivers for work they perform, such as loading and unloading, and not pay them for work you perform, such as permit fees or insurance surcharges.
 
The NOVA settlement system gets its inputs from the freight bill-A/R file, or from the trip control-dispatch file. Drivers can be paid for work accomplished up to your payroll cut-off date, or the system can be configured to only pay for trips which are completed, including all paperwork and logs. This gives you flexibility in determining the best way to handle your driver relations.
 
All NOVA payment data is placed in a driver settlement file. Inquiry and maintenance programs allow you to display what a driver has been paid, what is due for payment, and to manually add, delete, or modify payments. The system has the ability to generate either weekly or monthly deductions for workman's compensation or other insurance programs. Deductions for advances, repairs, permits, or other purposes can be added to the file as needed.
 
All entries in the settlement file can have three statuses, which are controlled by you:
 
  • Release: Item will be paid (or deducted) from the next payment cycle.
  • Hold: Item will not be paid until released. An item may be held for any reason you require, such as incomplete paperwork, missing logs, or potential claims.
  • Wait: Item is available to be paid, but not until the freight bill is paid. On every pay cycle the program checks the freight bill to see if it has been paid. If it has, the driver gets paid. If not, the item remains in a wait status. This is usually used for paying drivers their share of detention time, or other customer charges which may be disputed.
The NOVA settlement system prepares a detailed report for your drivers so they understand exactly what they are being paid for, and what is being held and needs action on their part.
 
The settlement system can pass the pay data into the NOVA payroll system for company employees, or into the NOVA accounts payable system for owner operators and contract drivers. You control this at the driver level, and both methods of payment can be used at the same time. This give you the maximum flexibility in planning your staffing requirements.
 
Because there are so many ways which companies use to pay drivers, Aurora Software is prepared to custom program driver settlement programs to meet the special needs of its customers.
 
 
 
 
 
Please click HERE for more information.
(800) 304-1488
 
 
 

TRUCKLOAD SOFTWARE ■ LTL SOFTWARE ■ INTERMODAL SOFTWARE ■ AIR FREIGHT SOFTWARE

BROKERAGE SOFTWARE ■ WAREHOUSING SOFTWARE ■ DEPOT SOFTWARE

 

Maximize Productivity

Realize productivity gains in different parts of your business from Dispatch Operations to the Accounting Department.

 

Web Connectivity

Allow your customers to take advantage of Web-Rating and Web-Tracing. Your customer service staff will have more time for priority tasks.

 

Appointment Alerts

Appointment Alerts keep your business running on-time and help you avoid demurrage and other fees.

 

Single Vendor Solution

Aurora Software offers a comprehensive solution that covers all facets of your transportation business.

 

Want to know more?

Please click HERE to request more information.