Found our list of Toll Management Software helpful? We’re here to help you make the right choice and automate your business processes. Let’s discover some of the essential factors that you must consider to make a smarter decision!
Buyers Guide Content
Toll management software is designed to streamline processes related to managing toll queues and transactions. It helps collect toll tax accurately and efficiently. Toll management system streamlines operations like vehicle classification, toll fee calculation, payment processing and receipt generation.
Toll gate management system helps private companies and highway authorities collect toll charges based on vehicle type, weight, and the distance of travel. It helps companies detect, prevent and avoid any leakage in revenue because of loopholes and pilferage.
Toll booth management software integrates all the hardware like automated barrier, FASTag readers, weighing scale, thermal printer, led screens, etc. It helps companies recover their investment efficiently without giving commuters a hard time.
Toll booth management software integrates different devices and processes to collect toll taxes and charges efficiently. The toll collection process has multiple stages and procedures but can be summarized into four main phases.
An automatic vehicle classification system scans the vehicle's license plate and identifies its type, category, and operator.
Advanced toll management system identifies the vehicles exempted from toll tax like government vehicles and other specified vehicles. The rest of the vehicles are classified based on the number of tires, the purpose of travel, and carrying weight. It helps in quick and accurate toll collection.
Once the vehicles are classified, the data about distance travelled, carrying weight, and vehicle's size are fed into the toll management system. Electronic Toll Collection (ETC) software calculates the exact toll fee based on predetermined tariff, parameters, and vehicle classification.
Once the toll charges are finalized, the collection is done either manually or automatically. Automated toll tax collection system includes FASTag readers, which read the FASTag of the vehicles and deduct the charges.
If the vehicle is not equipped with FASTag, it will be sent for cash payment or manual billing. Manual billing can be either done through cash payment, card payment, or even UPI. The latest toll tax collection system allows users to pay toll charges online even before arriving at the toll plaza.
After the toll has been collected from vehicles, automated toll management system software generates receipts with a detailed breakdown and sends it to the thermal printer. Advance toll booth systems can even mail or SMS receipts directly to passengers.
The toll gate management system is also connected to a centralized server for real-time data collection and record-keeping. It helps companies effectively manage their accounts by monitoring financials like average charge per vehicle, number of transactions, etc.
Audit and reconciliation are the last steps in toll collection process. Toll management system stores data in a centralized or cloud-based server. Online toll management system automatically matches the amount collected from commuters by tallying records, billing details, and receipts. It also helps identify any anomaly in charges/revenue by comparing the data.
Author: Kalpana Arya
(Showing 1 - 6 of 6 products)
Although every toll management system has its specialization and features, Strenuus TMS and Metro TMS are widely regarded as the best toll management software.
Toll management software helps construction companies and highway authorities efficiently collect toll charges. It offers various features like automated toll calculation, integrated operations, accurate billing, etc.
Automated toll management software offers great benefits to toll operators in terms of easier toll operations, faster transactions, cost optimization, and quick receipt generation.
Electronic toll collection systems automatically issue toll charges as soon as a vehicle stops at the toll plaza. The system identifies license plate and debits the amount from the account of registered vehicle owners. Vehicle do not need to stop; the amount is detected automatically from their registered account.
Last Updated on : 04 Feb, 2023
Toll management system is designed to streamline processes related to managing toll queues and transactions. Basic features of Toll Management System includes Automatic Vehicle Classification, POS, FASTag Reading along with other toll booth management requirements.
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