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Follow on Google News | Grant Skinner VP of Equip-Soft Shares Technology Needs of Equipment Rental CompaniesGrant Skinner VP of Equip-Soft Shares Technology Needs of Equipment Rental Companies
By: TR Cutler Providing customers with information on availability and scheduling is a central function in equipment rental business. It is equally critical to manage the utilization of a rental fleet to maintain profitability. Equip- The technology features needed for equipment rental companies include: Check equipment availability status online in real time Short and long-term rental contract management Integration of fixed assets, service, parts, logistics, finance, equipment inventory and CRM Re-rents Sub-contracting Utilization and profitability reporting Equipment exchange Rental discounting by customer, customer groups, equipment, equipment category. Rental pricing by customer, customer groups, equipment, equipment category. Default rental charges Quote management (win/loss tracking) Quick and easy contract creation Rental asset utilization management (with discount control, i.e. high utilization = no discounts) Centralized or distributed rental management, multi-branch rental management Insurance certificate checking Rental purchase transaction Short- Asset management including depreciation, salvage value and net book value tracking Multiple depreciation methods, including depreciation by hours used Customer charge exceptions Demo rentals Equip-Soft (www.equip-soft.com) Equip-Soft www.equip-soft.com Michelene Maguire pr@equip-soft.com 905.361.2841 End
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