End-to-end equipment lifecycle management? Think DynaRent

Sep 5, 2016 8:20:57 AM

Dealer management for equipment-driven rental and services can involve thousands of moving parts and processes.  Equipment lifecycle management simply can’t be handled effectively without a focused technology solution. Especially one that works as part of your ERP system. We’ll cut to the chase and offer up DynaRent for Dynamics AX as a solution that harnesses all the complexity. And as a result, makes it easy to bring together rental and ERP. 

From initial procurement through periodic depreciation and scrapping or sale of fixed assets. Hence, DynaRent offers configurable automation and insight that integrate with Dynamics AX financials.

The essentials for effective lifecycle management

To start, you can manage equipment lifecycles with connected processes that ensure information is current and accurate for:

Selection and purchase: Equipment procurement coversrequest for quotation through post-delivery inspections and purchase order invoice matching and payment to suppliers/vendors.

Operational usage: Rental, transport, services, repair, modifications can be managed with graphical  oversight. This in combination with real-time control over availability, service needs, and scheduling management across single, multi-site, and international locations.

equipment lifecycle management
Picture 1: Example Dealer Management Depot Overview

Financial usage: fixed asset activation/deactivation, depreciations, net book value corrections, acquisition adjustmentsare always current and accurate, thanksto flawless, real-time information flow of information across DynaRent and Dynamics AX.

Sales and after sales service: Every asset you sellretains full lifecycle service history, ending confusions or disruptions for customers, rental and service departments, and your back office.

A glance at capabilities that give you competitive edge

Here’s a quick overview of details that make DynaRent a smart choice for companies across multiple rental industries. Especially the companies working with complex equipment lifecycle management.

Third-party and vendor management: Leverage the same service and maintenance processes used for equipment you own to manage third-party/leased or sub-rented equipment. Furthermore, provide well-documented, efficient services that integrate with Equipment Management, ensuring complete coverage across lifecycles.

Pre-owned equipment: Efficiently manage different versions of the same equipment. Minimize errors and duplicate data input by re-using characteristics such as measurements and technical specifications. Incorporate differences that align with version status, including different maintenance intervals and requirements, pricing, and warranty periods.

Serialized equipment: Manage logistics for small and large equipment, including purchase, servicing, rental, and scrap. Organize transportation that’s best for equipment size and business needs. in addition graphical overviews offer quick, real-time visibility into equipment availability per depot.

Bulk equipment: Just like serialized equipment, DynaRent supports end-to-end operations and financials for bulk. Bulk equipment that exists also as a fixed asset can be registered and quantities updated in combination with values and fixed assets.

Just as important, you can pre-configure the majority of DynaRent features and processes to meet specific industry and business needs prior to implementation.

To learn more about our proven, innovative dealer management capabilities, download our equipment management solution fact sheet here. We also encourage you to visit www.highsoftware.com to explore our modular suite and all the rental industries we serve.

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