Streamline equipment rental operations with NetSuite delivered by Rand Group
Efficiently run equipment rental operations are critical to customer satisfaction and organizational success. Manage rental contracts, schedule your assets to maximize utilization, maintain a readily available replacement parts inventory, and keep your equipment on a planned maintenance schedule with NetSuite and a powerful equipment rental solution from Rand Group.
Keep equipment ready for rental with a cloud-based software solution
From large machinery for oilfield service to heavy duty construction machinery, equipment rental can make up a big part revenue, which is why you can’t afford to let maintenance lapse, lose track of inventory, or have equipment tied up in unscheduled maintenance. A unified, cloud-based solution combined with NetSuite 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 understands the challenges and needs 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. As an Oracle NetSuite Solution Provider, our team of software engineers has extensive experience implementing software solutions and tailoring them to unique processes.
Keep track of rental agreements, equipment, inventory, and more
Keep better track of your orders, contracts, and service agreements, manage inventory, maintain up-to-date equipment information, and account for depreciation of assets from a single, web-based application that connects with NetSuite.
Connected data to drive decision-making
With real-time access to information about assets, their maintenance, repairs, and profitability, you can make smarter purchase decisions in the future.
Maintain equipment efficiency and availability
Implement 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.
Simplify rental order creation and billing
Build and manage rental orders quickly with a solution that guides you through the process and only shows the fields you need. Easily 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.
Rand Group’s equipment rental solution is built to integrate seamlessly with NetSuite ERP to save your users time and ensure a smooth data flow from sales to delivery to billing. With the solution you can:
- Take equipment “off rent” or place on or off “standby” automatically as rental orders are created in the system
- Set up order fields to populate based on the type of equipment being rented out
- Offer flexible terms and billing based on daily, monthly, or other rate calculation such as feet of pipe
- Enjoy seamless integration with your NetSuite ERP system for faster billing
- Gnerate invoices directly from a rental order and set up recurring payments
All rental functions tied into NetSuite ERP
Equipment rental operations include many moving parts to make sure the right equipment is available and functioning at peak performance for each customer at the scheduled time. Rand Group’s equipment rental software combined with NetSuite ERP allows you to manage this entire process from creating the rental order, delivering the asset, equipment return, maintenance and repairs, accounting for the asset, and billing the customer.
After you set up your equipment in the solution you can then:
- Create maintenance and calibration schedules to maintain peak performance
- Automate servicing reminders for technicians
- Configure custom fields to track all specifications and group items by custom attributes
- Utilize 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 industries 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 and can accommodate unique processes and facilitate data flows. Explore other solutions below to complement 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.
Warehouse Management
Explore warehouse management solutions from Rand Group to streamline warehouse tasks such as a mobile barcoding and scanning tool, a pick and put away solution, inventory management software, and more.
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Let’s talk about how we can transform your business
