Overcoming Inconsistent Pricing Challenges with the Masterprice Feature
Every day, freight forwarders handle complex processes, from route planning and cost calculations to coordinating transportation partners and complying with export-import documentation requirements. Yet one of the biggest challenges remains pricing.
Inconsistent pricing that’s prone to manipulation and varies between staff or branches makes quotations slow and confusing, even as customers demand transparency, speed, and certainty. That’s why Oaktree software includes the Masterprice feature, which streamlines pricing with a smart autofill system.
What Makes the Masterprice Feature Different
The Masterprice feature is designed around a centralized rate management module. This means all pricing data can be stored in one central system. Here are some of its key features:
1. Purchase and Sale Price Autofill
Our Masterprice feature helps admins automatically enter prices based on the customer or agreed distance. This means admin staff no longer need to calculate prices manually every time they create a quotation.
And when a shipper sends shipments regularly, the system recognizes previously established patterns and parameters. Purchase and sale prices are filled in automatically according to the applicable standards for that customer, with no recalculation needed.
2. Flexible Parameters
The Masterprice feature is designed with flexible parameters. This means sale and purchase prices don’t have to follow a single pricing model—they can be customized to suit business needs, such as by distance or customer.
For example, if a customer regularly ships goods from Jakarta to Surabaya, the system will automatically fill in the price based on the distance while also taking the customer’s regular status into account. The result: faster, more accurate, and fairer pricing.
3. Access Groups
Don’t worry about internal changes—the Masterprice feature includes an access group system. This means each user has different access rights based on their role and responsibilities.
With this access group system, freight forwarding companies can ensure that the prices offered to customers remain consistent while keeping internal data secure.
4. Price Standardization
With this system, companies can ensure every quotation uses consistent pricing across all branches and staff. No matter who prepares the offer or where the quotation is created, the result will always follow the pricing standards set in the Masterprice system.
Without proper standardization, any branch or staff member could manipulate prices. With Masterprice, all branches issue quotations with identical prices, helping customers feel more secure and confident.
How the Masterprice Feature Works
Although it may seem simple because the form is filled in automatically, several important steps take place behind the scenes to make this feature work automatically, including:
1. Initial Parameter Setup
The company sets pricing rules based on the customer or distance. These parameters provide the foundation the system needs to determine the applicable pricing standards.
2. Centralized Rate Management
All pricing data is stored in a centralized system. When an admin creates a quotation, the system pulls the data directly from the central source, ensuring consistent results across all branches.
3. Automatic Autofill
When a quotation is created, the system fills in the purchase and sale prices according to the parameters already set. Admins no longer need to calculate prices manually, making the process faster and free from human error.
4. Document and Billing Integration
The prices generated are directly linked to invoices, shipping documents, and the billing system. This ensures there are no discrepancies between quotations and official documents.
5. Access Control and Audit Trail
With the access group feature, only authorized parties can change pricing parameters. Every change is recorded, so the company can track who made an update and when.
6. Consistent Output
The result is a consistent, transparent quotation that customers can trust. No matter who prepares the offer, the system ensures the pricing always meets company standards.
Conclusion
The Masterprice feature addresses a longstanding challenge in the freight forwarding industry: inconsistent pricing that’s prone to manipulation. With automatic purchase and sale price autofill, Masterprice ensures every quotation is issued quickly, consistently, and transparently.
If you’re in the freight forwarding business, it’s time to switch to Oaktree software, which includes a centralized rate management module. This gives you a centralized pricing system.
Don’t let inconsistent pricing undermine your customers’ trust. Make the switch to Oaktree today with contact us.
