#1 - Financial Visibility: Cost and Hire Revenue Tracking clearly differentiates between re-hired / cross-hired equipment and those assets that are part of your fixed asset register or your hire fleet.  

 

#2 - Margin Protection: Apply Cross-hire uplifts to the supplier hire rate based on end-customer, job site, project and product. 

 

#3 - Direct cost transfer: to pass costs directly from AP invoices to the end customer or job site. Particularly useful in construction or internal equipment management businesses.

 

#4 - Physical Visibility throughout the Hire Software of which assets are owned and which are re-hired or cross-hired equipment including the ability to differentiate between physical utilisation by owned or re-hired equipment

 

#5 - Improve Order Accuracy: Maintain supplier hire rate lists as well as supplier purchase prices to ensure that quotes and orders are as accurate as possible. 

 

#6 - Easy 1 click Ordering: Back to Back Purchasing tied directly to hire contracts and individual hire contract lines to allow you to raise cross-hire POs directly from the customer demand.  

 

#7 - Complete Project Traceability: Project Based Hires allowing you to manage divisions or businesses where all equipment is cross-hired but you still need to track the equipment on and off hire. Particularly important in some construction and equipment management facilities.  

 

#8 - Accurate Re-hire Accruals to capture expected value of future supplier charges. Accruals can be grouped by project and task code for construction and oil field services companies who are working with project costing systems. 

 

#9 - Reduce Cross-hire Financial Losses using automatic return to supplier processing at the point of off-hire from a customer or demobilisation from a job site.

 

#10 - Re-hire Analytics to understand your profitability, margins and potential fleet adjustments in relation to your re-hired equipment.