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equipment rental industry has changed dramatically in the last five
years and according to business analysts, it will continue to grow
and change for many more years to come. As your industry becomes
broader and more complex and our customers ask more of us, relying
on old ways of doing business will no longer be acceptable. In fact
given the highly competitive, reduced margin climate of today’s
rental market, the efficiency, accuracy and speed of each and every
transaction is crucial to maintaining customer relationships and
a healthy bottom line.
Let’s face it, no matter what the size of your rental business,
you can’t afford to lose customers caused by errors, glitches
or bumpy transactions. Make every transaction a smooth one, and
you have everything to gain.
Because Windward Software is not owned by any rental company, our
main interest is on your business, and makin sure your data is safe
and secure. Our technology-driven software products were specifically
designed to provide solutions for the equipment rental businesses,
and are fully scalable to meet the needs of any size operation.
One of Windwards key objectives in developing the Rental Management
Module is to provide quick access to your rental inventory showing
the status of each piece of equipment. This will include listing
the current reservations (bookings), available equipment and equipment
out of service for repairs. It can easily provide you with the information
necessary to improve efficiency and increase profits.
System Five's Rental Module allows you to monitor efficiency (rented
hours vs. available hours, etc.) and profits by tracking every transaction
in detail. This applies to both long term rentals, e.g. monthly,
or short term rentals for equipment with daily or weekly rates.
Easy Access to Rental Equipment
Rental equipment is easily set up in a manner that makes future
inquiries extremely fast. Based on individual items or groups of
similar items, rental inquiries are quickly performed allowing you
to answer most inquiries over the phone.
Look-ups can also be performed by equipment
status:
• Rented
• Available
• Reserved
Rental history can also be quickly displayed on screen or printed,
showing the past history of a piece of equipment for any date range
selected, e.g. last 3 months, last 6 months, etc |
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A variety of other features exist, some highlights
of our rental module include:
•User Definable
screen display allows users to select what information
will appear on the customer profile, contact and history inquiry.
•Full Costing
allows you to track the costs associated with a piece of equipment,
allocate that cost to a G/L account, and run reports to compare
the revenue generated. Profitability can then be monitored.
•Damage Deposits
can be automatically added to invoices if required based on each
piece of equipment or rental contract. Damage Waivers can also be
included.
•Equipment
Notes can automatically be printed on the contracts
to provide your customer with crucial information required for operating
or maintaining the equipment.
•Additional Supplies
can be automatically suggested or added to invoices. For example,
renting a boat may also prompt the sales person to ask if the customer
would like additional time at a reduced rate, etc. Renting a forklift
may prompt the sales person to ask if the customer would like an
additional tank of propane, or the new extended forks, etc. This
will allow you to effortlessly increase your sales of "add-ons"
thus generating extra revenue.
If you're ready to
simplify the operation of your rental business, contact Windward
Software today. And we'll be happy to tell you more about the features
and advantages of using Windward System Five's Rental Module.
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