Rental Processing

rentalresult provides rental process management options to numerous rental markets and industries from tool rental and electronics rental to heavy equipment and aerial platforms. Over the last 15 years our rental processes have been enhanced and developed with our customers to provide a rental solution with few functional peers in the market place. Used by customers as diverse as Mobile Mini (storage and mobile office rental), Volvo Rents (heavy equipment rental), Livingston Services (computer and electronics rental), Godwin Pumps (pump rental), Carrier Systems (generator and cooling system rental) and Brandon Tool Hire (tool rental) the system is designed to fit your own business requirements.

The rental processing modules are fully integrated into the rest of the rentalresult applications allowing companies to use the features that support their rental business from a purchasing, maintenance and asset management perspective as well as integrating into the financial modules.

Specialist rental processing features include:

• Branch Control Center for managing the standard rental process including quotes & inquiries, contracts/orders, allocation of assets and consumables, picking processes, on and off-rent processing including pick ups and swap outs.
• Real-time view of rental reservations and availability within a branch, region, division, company or across multiple companies.
• Manage both rental and sales equipment on the same transaction, for example you may rent out a generator and provide additional fuel and safety equipment as consumable items.
• Specialist Handling of Attachments, Accessories and Kits, allowing you to define relationships between different types of equipment and to track the dispatch and return of accessories at the same level of detail as main pieces of equipment.
• Sub-rental or Re-rental management directly from within rental contracts allowing you to manage re-rented assets as though they were your own yet maintaining a clear financial differentiation between owned and re-rented assets.
• Fast quote options to allow tentative inquiries to be recorded for later conversion to full orders. Fast quotes can be entered in less than 10 seconds as a place-holder for potential business.
• Multiple level rental rates / pricing policies based on product type at branch, region, company, customer and transaction level with discount based pricing by duration and quantity. Average and on-demand or utilization based pricing also available.
• Duration based rental rates by hours, days, weeks, months, quarters, years and any required combination. Rental rates may include minimum periods, suspended charges, and upfront or in–arrears billing.
• Additional Service charges managed as transaction specific suggested services eg delivery, pick-up, insurance charges.
• Internal document management for associating site drawings, specification requirements etc to rental quotes and contracts.
• Insurance management based on customer details and insurance certificates recorded against the customer account.
• Full AR integration to manage credit status, workflow and credit approval.
• Full audit control of all financial and operational activities.