Increased demand for equipment coupled with industry-wide worker shortages are challenges that are putting even the most efficient equipment rental companies to the test.
Rental companies today need systems that do more than simply manage rental transactions.
In October 2022, the American Rental Association (ARA) published a list of features that every rental management software should include but that many equipment rental companies are not currently using to their optimal advantage.
Each of these functional areas is covered by Rental360, a complete cloud equipment rental solution built into the Acumatica ERP platform. These essential features are:
- Quote/Contract Management
- Analytics Dashboard and Business Metrics
- Credit Card Processing
- Digital Signatures
- Customer Relationship Management (CRM)
- Export to Excel and Comma-Separated Values (CSV)
- Employee Time Clock
- GPS Delivery Routing
- Extra Shift Billing
- Invoice Management
- Inventory Management
- Hour Meter Tracking and Billing
- Inspection Management
- Inventory Management with Kit Ability
- Job Costing
- Maintenance Management
- Late Fee Calculation
- Parts Inventory Management
- Multi-Location Support
- Online Account Management
- QR Codes
- Recurring Rentals
- Rate Management
- Recommended Items
- Additional After-Hours Support
For a break-down of how Rental360 addresses each of these functional requirements, see our companion article on rental360software.com.
To see how Rental360 helps equipment rental companies operate efficiently in the face of labor and equipment shortages, view our recent on-demand webinar.