
Fare management software
Fare management software is a digital tool used by transportation providers to plan, set, and adjust pricing for their services. It helps manage fare structures, discounts, and promotions efficiently, ensuring revenues are optimized and customer pricing is transparent. The software can also handle ticketing, track passenger usage, and generate reports for better decision-making. Essentially, it simplifies the complex process of pricing and revenue collection across various transportation modes, making it easier for companies to operate smoothly while offering flexible and fair fare options to customers.