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What will rental management software do for you?
- Increase revenue and attract new customers.
- Clients have reported increases in revenue (and profit) as a
result of the software. For example, some of our clients have been able to
attract new clients because they could provide reports to customers to help them
manage their business. Other clients have been able to attract new customers by
documenting their maintenance procedures and convince their customer that better
maintenance results in less down time.
- Make better decisions and reduce guess work.
- While many "efficiencies" are realized immediately after installing rental
management software, the real payoff for many clients comes after using the
software long enough to
collect historical data.
With this data, the system makes it possible
to answer historical questions almost instantly. Examples:
- Which category of equipment returns the most revenue?
- Which category of equipment falls short of revenue goals?
- What is my maintenance cost vs. revenue?
- Who are my best customers?
- Who are the customers with the best/worst pay record?
- Which quotes am I
winning/losing?
- In which categories do I have more equipment than I need?
- Should I buy more equipment?
- Should I overhaul the engine or replace the equipment?
- Reduce capital Expenses.
- Our clients have reported that they have reduced the capital value
of their fleet with the knowledge gained from the utilization reports that
allowed them to reduce the inventory of equipment not producing and increase the
inventory of items that "turned" quicker.
- Increase revenue per employee.
- With information available "at the fingertip", employees can be more
productive. Fewer employees are required to meet the service requirements of
your clients. This is especially true of "counter sales personnel" and
administrative employees.
- Reduce overhead expenses.
- Some of our clients have reported that they reduced staff after the software
was installed. Others have reported that they grew their business without
adding additional staff. (One staff member can exceed the cost of the software
every year.)
- Reduce maintenance cost.
- Regular scheduled preventive maintenance can dramatically reduce the chance
of major repairs. The old saying "oil is cheaper than engines" certainly
applies. Consistent maintenance can result in better fleet performance, less
down time and longer useful life.
- Reduce Re-Rent or Sub-Rent expense.
- Are you your competitor’s best customer? Do you really like giving your
competitor money? Having enough (but only enough) equipment to meet your needs
is the goal. Good utilization information helps you to meet your customer’s
needs without the help of your competitor.
- Improve your life.
- If you are an executive
in charge of business
operations, have you ever wished that your business could "run itself" so that you had
more time for other areas of your life? Do you know the meaning of the word
vacation? Good rental management software allows you to set up the controls so
that your employees will make the right decision without your personal presence.
You can feel confident that your business is running the way you wish without
having to be there from daylight to dark.
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