Rental
The Equipment Rental module leverages a streamlined, yet flexible, approach to support the rental process. From booking to invoice, the solution allows you to record all events in the rental process.
The module allows you to rent both equipment and items and provides flexibility in terms of pricing and templates, meter-based metrics, frequencies/schedules, line-item discounts, commissions and stand downs. Additionally, all taxes and insurance amounts are automatically calculated and rentals can be integrated with the transport module to manage charges related to the delivery of equipment. Even bookings that don’t result in a rental are recorded in the system for future reference and reporting.
Managers can use the analytical tools to sort or research variables such as model, location, status and attribute. You'll better understand your total picture and be in a position to make more informed business decisions, control costs and bill customers in a timely manner.
The Equipment Rental module manages all aspects of equipment rental including:
- Bookings
- Rental agreements
- On and off rental maintenance (allowing for the creation of service calls and transport requests)
- Off rental and periodic invoicing
- Flexible billing increments
- Integrated transport functionality
There is ample flexibility in the rental agreements, to allow multiple pieces of equipment with multiple time periods, to be contained within one rental agreement. Additionally, rental agreements can be retained in an active state indefinitely, until such time as the user chooses to move them to an archive.
