An equipment rental solution tailored to your industry
From large machinery for oilfield service to heavy duty construction machinery, equipment rental can make up a big part of revenue, which is why you can’t afford to let maintenance lapse, lose track of inventory, or have equipment tied up in unscheduled maintenance. Your equipment needs to be working at optimal levels and readily available for your customer’s next big job. Discover Rand Group’s reliable solution for equipment rental that can be tailored to your organization’s industry and business processes.
Connect equipment rental operations with the rest of your business systems
Trying to manage contracts, schedule your assets to maximize utilization, maintain a readily available replacement parts inventory, and keep your equipment on a carefully planned maintenance schedule requires more than just a spreadsheet of assets. A unified, cloud-based solution can transform your operations and eliminate manual processes so that you can get a clear view of equipment-related costs, reduce scheduling and processing times, optimize utilization, and improve customer service.
Rand Group knows the complexities of equipment rental and offers tested software solutions to help you get the most out of your inventory, contracts, resources, equipment, and records. Our equipment rental software capabilities include contract management, maintenance and resource scheduling, replacement parts inventory management, accounting for the depreciation of assets, and more. Our team of software engineers and industry experts will implement the solution, tailor it to your business processes, integrate it with the rest of your technology stack including ERP system, and train your users for long-term success.
Organize and manage contracts and records
Keep better track of your orders, manage inventory, maintain up-to-date equipment information, and account for depreciation of assets all in a single solution.
Improve utilization through connected data
With real-time access to information about assets and maintenance schedules, you can more effectively utilize your resources and optimize their time on site.
Keep equipment running efficiently
Create practical maintenance schedules, optimize replacement parts inventory, automatically flag returned equipment for maintenance, and keep better track of breakage so your equipment remains available when your clients need it most.
Create and manage detailed rental orders
Handle incoming orders more easily with a solution that guides you through the process and only shows the fields you need. Quickly pull up an existing customer’s history, use pre-populated order forms based on the type of asset, turn rental orders directly into invoices, and more.
With Rand Group’s equipment rental solution you can:
- Take equipment “off rent” or place on or off “standby” automatically as rental orders are created in the system
- Configure order fields to populate based on the type of equipment being rented out
- Set flexible terms and billing based on daily, monthly, or other rate calculation such as feet of pipe
- Enjoy seamless integration with your ERP system for faster billing
- Create invoices directly from a rental order and set up recurring payments
All rental functions managed in a single solution
The equipment rental process involves many moving parts to make sure the right equipment is available and functioning for each customer at the desired time. Rand Group’s equipment rental software allows you to manage the entire process from creating the rental order, delivering the asset, equipment return, maintenance and repairs, accounting for the asset, billing the customer, and more.
After you tag your equipment and enter it as an asset in the solution, you can:
- Set up maintenance and calibration schedules to maintain peak performance
- Automate servicing reminders for technicians
- Use custom fields to track all specifications and group items by custom attributes
- Use a scheduling tool with real-time tracking to ensure the right equipment is available for each customer
- Track the history of an asset including maintenance record, who it has been rented out to, and depreciation
Discover other business solutions built by Rand Group
Rand Group offers numerous solutions across business areas and industry that we tailor to each client to transform your operations. Our team of software engineers will ensure your solution integrates with the rest of your technology stack, including your ERP system, and can accommodate unique processes and facilitate a seamless data flow across the organization. Explore other solutions below to compliment equipment rental.
Predictive Maintenance
Move from reactive and scheduled maintenance to a data-driven, preventative maintenance strategy that will help detect issues before they arise using machine learning to improve asset uptime and boost asset longevity.
Asset Tracking
Manage your assets from acquisition through retirement with a solution that integrates directly with your ERP system for maintenance and repair management, contract and order creation, depreciation calculation, and more.
Inventory Management
Automatically track your inventory levels, orders, and sales throughout the inventory life cycle, and unlock insights needed to make data-driven decisions using Rand Group’s inventory management solution.
Related Insights
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What is NetSuite Fixed Asset Management?
NetSuite Fixed Asset Management can help maintain and control the complete life cycle of your company’s fixed assets by tracking asset creation, proposals, depreciation, disposals and leases. It also has robust real-time reporting and will optimize your company’s performance via automation and integration with NetSuite Accounting.
Let’s talk about how we can transform your business
