Enterprise Hire Equipment Management software (Hire EAM)

Rental Equipment Availability and Reliability

When it comes to measuring rental asset performance it isn't all about Asset ROI and asset financial data. The rental equipment management system will also help you track the more physical metrics around rental equipment availability and rental equipment reliability. This stems from accurate tracking of non-available days, maintenance (both planned and adhoc servicing requirements), and defects. You can also use the system to track warranties and warranty repairs if you wish. We believe this creates the full combination of financial and physical asset management functionality you need in a comprehensive Rental Equipment EAM solution.

The multi-company, multi-location functionality which drives the rental system allows you to compare different categories of equipment, outlying assets and different manufacturers across your business to identify issues around reliability and availability problems caused by slow maintenance reaction times etc.

Managing the asset lifecycle using rental management software

#1 - Fully integrated with Procurement, purchase approval, hire, sales & workshop processes to allow for full hire asset-lifecycle enquiry and reporting including build up of hire asset ROI data

#2 - Multiple Asset registers for differing statutory, bank and management depreciation policies. All Asset Registers fed automatically to deliver best practice for hire asset management

#3 - Integrated Maintenance & work order processes including automatic revaluation, capitalisation of maintenance, componentisation of large value parts and cost auditing.

#4 - Ability to include true GPS or telemetric device tracking including integration of machine hour readings for hire charging and equipment maintenance purposes

#5 - $ Utilisation and Time utilisation tracking across your equipment fleet allowing for asset based profitability and ROI reporting to measure hire asset performance

#6 - Complete Hire and Fixed Asset history created for both physical and financial events with the ability to reinstate previously sold assets, lost assets and provide after-sales service

#7 - Management of inter-branch and inter-company transfers for hire fleet items including depreciation recharges and currency exchange for inter-company transfers.

#8 - Manage Uniquely identifiable, serialised, bulk, batched and non-quantity items (eg delivery) across all hire equipment management, sales & purchasing modules with the ability to define level of history and additional information captured for each type of equipment

#9 - Complete hire process management including return of equipment to suppliers at the end of a hire agreement if the equipment belongs to a third party, or return into your own fleet with the associated maintenance and repair processes that this may require.

#10 - Integration to external systems such as Oracle, SAP and JDE for Asset register integration via our SOA Platform. Find out more here.