Equipment Rental

For immediate effect, we centralize all assets with status, location, and availability to ensure relevant departments have access to the same source data (truth). The result? Fewer double bookings and fewer idle periods.

Software tracks hours and downtime per item, flagging over- and underused equipment. This enables you to plan maintenance and redeployments based on real-time data. You can then tie maintenance logs to availability, scheduling service windows to keep lost rental days low. It’s simple to capture cost-per-asset so you can retire old assets or reinvest calls.

Dashboards are updated in real-time so managers can see use and revenue per asset, compare sites and categories, and ensure stock is available for increases in demand. The data enables your finance team to align rental items and GL items once for consistent billing and reporting. The result? Smoother reconciliations at month-end.

ERP is a master controller, it syncs related data like reservations, issues, returns, and changes to the ledger. Invoices are created from source events, and digital processes reduce reliance on manual journals and spreadsheets.

ERP functions normalize customer data, as well as items, taxes, and locations across systems. This means one set of master data is available to all relevant teams. Data searches are the same for finance and frontline teams.

Clarity across the board creates clear links between payments and deposits. The evidence trail reduces AR disputes and shows staff exactly what has cleared and what is still outstanding. On a related note, you can map fees and add-ons to revenue categories. This provides current product-level reporting without tiresome spreadsheet splits.

Audit trails record changes and overrides, clearly showing which staff members adjusted rates or contracts. This indisputable data speeds up reviews and can even have a calming effect during meetings, thanks to incontrovertible evidence.

Dashboards are data gold mines. They provide an overview of each component of your financial health, and dive deep for more granular information. Rental managers love this because they see asset use by category and site, highlighting idle groups and overbooked lines. They identify patterns so they can move inventory before demand spikes (weekend rush).

Other critical information includes:

Revenue per asset, per day. Helps you understand yield so you can put poor performers out to pasture and invest in consistently in-demand assets.

Maintenance cost per asset. Identifies units that suck in time and parts like a black hole. You can then make informed decisions about acquiring replacements.

Downtime per asset. The difference between downtime related to maintenance and services and downtime from logistics delays and turn around time per driver.

Ultimately, dashboards provide unified views that combine rental and finance data. The result? Surprise-free close at month-end and more productive conversations with leadership.

Who doesn’t want to see their business thrive? No one, that’s who. However, the more you expand, the more complicated your financial records. We remove that stress by simplifying and clarifying processes. For instance, using consistent charts, locations, and classes across entities. This provides reliable group reporting unmarred by custom logic come month-end.

You want smooth intercompany flows for transfers and shared services. This keeps eliminations clean and simplifies month-end accounting. Sticking with simplification, your system ensures staff benefit from simplified training across locations. This covers standardized contracts and pricing templates, resulting in fewer exceptions to reconcile.

Moving on, we establish role-based access to data so site leads can see the numbers specific to their location. This increases efficiency at sites while protecting financial information. The system also enables you to drill down from group to site to asset, which provides requested data within minutes, without having to export files

The first 90 days bring about several improvements that make a dramatic difference to your business’s financial functioning. For instance, automation and accurate categorization ensure fewer booking conflicts and missed charges. This is largely due to availability and billing data being in one system of record.

Real-time updates for rental events enable you to enjoy faster and more efficient month-end processes. Use and revenue per asset are logged by site and category so you can make informed decisions when it comes to asset purchasing and resale.

Contracts, returns, and maintenance logs are recorded, providing a clear transaction history and audit trail. The system also establishes a repeatable rhythm for dashboards and reviews. This provides teams with the data they need to focus on actions that raise use and margins.