What is meant by Toll calculation?
The term "toll calculation" refers to the process of determining the fees required for using specific roads, bridges, or tunnels. This calculation can be based on various factors such as vehicle class, distance traveled, or specific toll rates. Toll calculation is a crucial component of traffic and infrastructure management, especially in regions with toll roads.
Typical software functions in the area of "Toll Calculation":
- Rate Calculation: Automatic calculation of toll fees based on vehicle type, distance, and applicable toll rates.
- Route Planning: Integration with route planning tools to calculate toll costs for proposed routes.
- Vehicle Classification: Categorization of vehicles by type, size, and weight for toll calculation purposes.
- Payment Processing: Support for processing toll payments, including online payments and invoicing.
- Reporting: Generation of reports and analysis of toll fees for traffic and financial management.
- Toll Rate Adjustment: Flexible management and adjustment of toll rates based on changes in infrastructure or legal requirements.
- Real-Time Data Processing: Processing real-time data for toll cost calculation and ensuring accurate and timely billing.
- Integration with GPS Systems: Connection with GPS systems for accurate tracking of distance traveled and corresponding toll costs.