Dynamics Software Rental Management provides a strong rental solution for equipment rental companies that gives them a clear and real-time overview of all operational information enabling optimum performance. Dynamics Rental supports the full range of rental activities, for example, planning, quick order entry and availability. All information about clients, products, services, staff, contracts, partners, etc. is recorded and maintained in a single central database. Dynamics Rental drives your operational performance by increasing overall equipment effectiveness, maximizing utilization and driving rental revenue with additional services.
Rental Management supports the full Equipment Life cycle providing both financial and operational transparency throughout. Manage your own or your customer’s equipment fleet with ease, even if in multiple depots at various geographical locations. Thereby increase equipment fleet efficiency by increasing the utilization rate and reducing any downtime. Every rental equipment provider requires a sound strategy for sustainability and managing equipment life cycle cost to improve profitability. Understanding and controlling equipment cost and equipment revenue is essential, especially given the ongoing threat of small/reduced margins across the Rental industry. The market now demands a Circular Business Model. The complete process starting from purchase requisition all the way to sales or scrap needs to be covered.
A powerful Asset Life Cycle Management Solution.
An item only has to be entered in the system once, making it easy to acquire multiple objects with the same default data. Every serialized object will get a unique number in the system, allowing you to record and access the full operational and financial history at any time, even after it has been sold or scrapped. This provides full insight during the entire life cycle of each object, it’s legal and financial owner, where the object is located, where it has been sold/rented and who is currently using it. Depreciation will automatically take place for each object, always giving you the actual net book value. This is also the basis for the sales price calculation if the object is sold.