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Mcleod Software

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McLeod Software Company Research Report



Company Overview



Name and Mission of the Company


  • Name: McLeod Software


Company Mission


  • Mission: To serve the trucking industry with innovative software solutions that help carriers and freight brokers succeed and enable profitable growth.


Founding Information


  • Founded: 1985

  • Founder: Tom McLeod


Key People in the Company


  • President and CEO: Tom McLeod

  • VP of Strategic Alliances: Ahmed Ebrahim


Headquarters


  • Location: 100 Corporate Parkway, Birmingham, AL 35242


Number of Employees


  • Employees: More than 650 full-time employees


Revenue


  • Revenue: No information is available


Known For


  • Industry Leadership: McLeod Software is known for being a leader in application software for trucking dispatch operations management, freight brokerage management, fleet management, document imaging, workflow, EDI, and business process automation solutions for the transportation industry.


Products



Overview of Products Offered


McLeod Software offers comprehensive ERP and operations management solutions for various sectors of the transportation industry, including trucking companies, logistics service providers, and private fleets. The core products include:

LoadMaster


  • Description: A flagship product for dispatch operations management and accounting for trucking companies.

  • Key Features: Provides advanced capabilities in dispatch, freight brokerage, fleet management, integrated accounting, and financial management.


PowerBroker


  • Description: A fully-integrated freight brokerage operations management system.

  • Key Features: Combines dispatch operations management system with accounting, tailored to individual business processes.


LoadMaster LTL


  • Description: Designed specifically for less-than-truckload (LTL) carriers to enhance logistics efficiency.

  • Key Features: Offers comprehensive management of freight, operations, and financials.


DocumentPower


  • Description: A document imaging and management tool.

  • Key Features: Enhances workflow through automation and integration with LoadMaster and PowerBroker.


IQ Business Intelligence


  • Description: Provides analytics and insight capabilities.

  • Key Features: Integrates data to support business decision-making processes.


MPact


  • Description: A tool to analyze and benchmark market and operational performance.

  • Key Features: Includes MPact.IQ and MPact.RatePro features for rate prediction and analysis.


Recent Developments



Recent Product Launches and Enhancements


  • AI-Powered Order Creation Interface (2024): Introduced to allow seamless integration of unstructured data into structured order entries using AI in LoadMaster and PowerBroker platforms.


  • TMS Functionality Enhancements (2024): The LoadMaster and PowerBroker have been updated to incorporate real-time market data, predictive analytics, and automated workflows.


New Features Added to Existing Products


  • Telemarketing Overview Dashboard (MPact Products): Enhances telemarketing visibility through detailed call records analytics.


  • Rate Predictor: Provides predictive insights into market rates, enabling better financial decisions.


Strategic Partnerships and Integrations


  • Integration Partnerships: Brand partnerships with companies like Greenscreens.ai and Relay Payments for enhanced feature integration.


  • Partnership with SMC3: Expanded for optimized LTL management.


  • Data Integration with 150 Partners: Including telematics, predictive analytics, and digital freight matching solutions.


Industry Recognition


  • FreightWaves FreightTech 25 (2024): Ranked 16th, highlighting McLeod's ongoing contribution to innovative solutions in the logistics sector.


Strategic Alliances and Collaborations


  • AI Service Integrations: Collaborated with AI service providers like Vooma, Everest AI, and Drumkit for order automation and efficiency.


Conclusion



McLeod Software continues to lead in the transportation software solutions industry, focusing on innovation, integration, and strategic partnerships to support the growth and efficiency of its clients in the trucking and freight industries. With a strong history of service and leadership, McLeod remains committed to enhancing the capabilities of transportation management systems through cutting-edge technology and partnerships.