Equipment Rental Details

RentIO is an cloud based application that enables equipment rental companies increase their commitment to getting the job done right by providing them the ability to rent right equipment at the right time for their customers

Wrong equipment
Problem
Wrong equipment type

Sending the wrong type of equipment can be a costly error when the machine or work tool can’t handle the job

Incorrect job site parameters

Sending a machine for confined space results in safety issues and inefficient for the worksite and results in customer churn

Renting machines with incorrect power needs

Renting Equipment that can’t perform under your available loads


Wrong timing
Problem
Availability

Not being able to procure new machines on time can result in lost rental revenue

Delivery  

You need to deliver your rental equipment exactly when the customer start their work. Having equipment dropped off too early or too late can cause additional payments or excessive downtime for customer


Key Features
Here are some of the key features of the equipment rental solution
  • Easy search and add assets with location based Asset Tags for better delivery and customer service
  • One-click document generation (Quotes, Contracts, Invoices and Orders)
  • Life Time Value (LTV), Customer Acquisition Cost (CAC) and utilization metrics
  • Guided rental for selection of equipment and related attachments
  • Reservation of assets and easy check-in/check-out
  • Advanced pricing (Daily, Monthly, Hourly, Tiered, Customer specific, and Usage based pricing)
  • Customer specific KPIs for utlizations targets and new machine procurement