Rental & Leasing Software
When managing your rental & leasing fleet, part of the challenge is to ensure that not only are you being profitable, but you're also managing the debt of the equipment and ensuring that enough units are available for your customers to hire. And as you continue both your capital and maintenance investment into improving your fleet, you also want to reflect both of these in your financial reporting. Eventually, it may cost you more to operate than it produces in revenue, at which point, we can provide the numbers to help determine whether its time to dispose of the unit.
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Total Asset Management
We provide the tools to manage the equipment from the point it enters your fleet as an asset, continue its life through depreciation and revenue generating activity while on hire, book captial vs. maintenance expenditures all the way to its end of life, where we can help you make a decision on whether to dispose the unit. |
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Accounting
Customers using our rental & leasing applications are also using our integrated accounting module. This only makes sense because of the depreciation calculations, and the consolidation of repair data to determine the profit loss of your equipment. In addition, through our accounting module, you can drill from the GL right to the agreement or repair order that caused the transaction. |
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Depreciation
We have several formulas that you can choose from, and this is dependent on your accounting practices. We can handle multiple books when it comes to depreciating. |
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