What does 'Price Calculation' mean?

Price Calculation is a key feature of shipping software that determines the total shipping cost based on factors such as package weight, dimensions, destination, carrier rates, and delivery speed. This feature integrates with multiple carriers to provide real-time pricing comparisons, ensuring cost-effective shipping options for businesses and customers. Automated price calculation eliminates manual errors, streamlines the checkout process, and helps businesses set accurate shipping charges. Additionally, it supports features like bulk shipping discounts, surcharge adjustments, and tax considerations, improving overall pricing transparency. By optimizing shipping costs, this feature enhances operational efficiency and contributes to better budget management.