RFI vs RFP: Why an ERP RFP is Not Always the Best Option for Your Business

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The dreaded ERP RFP or Request for Proposal. Would-be purchasers spend way too much time and money, if employing outside consultants. Software resellers hate them with a passion. Unfortunately, the results are often less than optimal. So what are the options? Let’s look at a direct RFI vs RFP comparison to see how they each … Continued

Challenges and Opportunities in the Equipment Rental Industry in 2024

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In the dynamic landscape of equipment rental businesses that power industries such as construction, events management, and industrial operations, businesses face a multitude of challenges that demand strategic solutions for sustained success. From equipment maintenance to customer service excellence, navigating through these obstacles while capitalizing on emerging opportunities is essential for operational efficiency and profitability. … Continued

How to Right Size Your Rental Fleet

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A guide to the top 5 factors to help you optimize your rental equipment fleet and maximize your profits The equipment rental market has experienced consistent growth for over a decade, growing 60% between 2010 and 2019 and is projected to grow to an estimated $59.5 billion this year alone. If you own or manage … Continued

Document Management for the Equipment Rental Industry: Tech Trends Spotlight

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If you own or work in an equipment rental company, you know changes happen constantly and with little warning. Rental companies that want to stay competitive must prioritize supplying the best rental offerings and superbly maintaining them while finding ways to avoid additional costs whenever possible. It’s no easy feat.   Along with staying on top … Continued

Software for Equipment Rental Companies: What’s the Cloud Hype?

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Faced with rising competition, equipment utilization, and new customer demands, equipment rental companies are looking for a way to keep up with change while growing their business.  Like most industries, many rental companies have traditionally relied on standalone systems and on-premise infrastructure to run their business. After investing in the software, hardware, maintenance, and often costly upgrades associated with them, they end up experiencing the headaches that come with … Continued

EDI and Web Services for the Equipment Rental Industry: Tech Trends Spotlight

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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

Key considerations when evaluating your current system or a new rental software system

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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.