To operate effectively, most rental companies require a way to communicate electronically and exchange data quickly with vendors and customers. Obtaining or providing critical information from and to customers—such as current or obsolete part numbers, pricing, and warranty claim information—can often be the factor that puts some rental organizations ahead of their competitors. Traditional Data Exchange Processes Cost More Time and Money Traditionally, this information was communicated on paper, usually in the form of purchase orders and invoices. The buyer … Continued
The global pandemic has had a major impact on the equipment rental and event industry. While 2020 was a challenging year for everyone, rental companies are starting to see signs of recovery and improvement as COVID-19 restrictions lift. After recently attending a rental analytics webinar from the American Rental Association (ARA), we learned a lot … Continued
When it comes to choosing your accounting software, the decision may not always be clear-cut. How do you know what will be a good fit for your business with so many options on the market? There are many factors to consider—and not all equipment rental software companies will be forthcoming with the information you need … Continued
If your business rents equipment, whether heavy construction, trucks or vans, tools, or other equipment, it’s time to face the fact that you need a much better way to track it than an Excel spreadsheet. Sure, spreadsheets are great tools for managing certain data pieces, but they fall significantly short when it comes to rental equipment. Read on to find out why and what you should … Continued
It’s a challenging time to be in the equipment rental business. The global pandemic has had a significant impact on the economy, causing shifts in demand and revenue for the equipment rental and service industry as a whole. From heavy equipment and construction to oilfield service equipment, rental companies have had to reassess and readjust their strategy, offerings, and overall operations to stay in business. Recessions, with … Continued
Accurately capture field service job details and streamline your electronic invoicing process with full customer portal integration.
The ODT InterCompany 365 app for Dynamics 365 Business Central can help you smoothly process transactions across multiple operating or holding companies for your equipment rental business.
The ODT Advanced Payables 365 solution for Dynamics 365 Business Central offers unique payable processing capabilities for your equipment rental business.
If you’re actively looking for a new rental software system or evaluating your current functionality, you need to know which technology to invest in.