Running an equipment dealership alongside an equipment rental business requires meticulous management of inventory, margins, finances, service, sales, contracts, customer relationships, and numerous other critical aspects. In today’s digital era, where efficiency and streamlined operations are paramount, having the right software solution to manage all aspects of your operation can make all the difference.   Enter … Continued

The following article was written for and originally published in the September/October 2022 issue of Pro Contractor Rentals (PCR) Magazine, by Malcolm Roach, Founder, and CEO of Open Door Technology. You can read individual articles or download the full PDF version on the PCR website. Have the right tools and strategies in place to win … Continued

Every equipment rental business is battling the pressure of a possible recession and facing the same conundrum: how do I grow my business strategically without hiring more people for everything? Hiring more people presents risks and costs that aren’t well-timed in periods of economic uncertainty. And no matter the state of the economy, it’s always … Continued

Many businesses, including equipment rental companies, initially choose QuickBooks for the same reason they eventually outgrow QuickBooks: it offers simple and basic bookkeeping.   QuickBooks also performs a variety of other basic functions, including invoicing, expense tracking, and payment acceptance, which are useful for equipment rental equipment companies transitioning away from spreadsheets or manual bookkeeping processes.   … Continued

It’s impossible to make a qualified decision about the direction and health of your rental business without complete visibility into your performance. Although many rental companies understand what data or reports they need to see every month from a financial perspective, other layers of equipment rental business profitability and performance measures should be tracked and … Continued

Press Release: Equipment Rental Software Solution Provider Releases Highly Anticipated Rental Management Capabilities with New Customer-Centric Features ALBERTA, CANADA — In response to the growing and changing equipment rental market, Open Door Technology announces the release of two eagerly anticipated new software features in their ODT Rentals product: the Visual Rental Availability Calendar and the … Continued

Cybersecurity is an important aspect of protecting your business, your employees, and your data. The more work we do in a digital environment, connected to other people and systems around the world, the more critical security is. Cybersecurity attacks are all too common, and there are always people looking for weak spots in systems to … Continued