Rental and lease
Rental and Lease
Tool Rental Industry

Provide easy counter experience and handle  insurance effortlessly

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Challenges you want to solve

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Manage customer insurance (including P&C)

Tie umbrella liability, limits, and expirations, by each customer. Track and tie Property & Casualty (P&C) insurance by each customer. Facilitate resale of outside insurance coverage (including Loss Damage Waiver)

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Create effective customer-centric environment

Enable customers to transact digitally and view critical operational information. Provide all the relevant information, such as equipment availability, to the customers.

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Manage routine maintenance and reduce costs

Tie service scheduling with telematics input. Automatically generate and schedule preventive maintenance (PM). Apply standard hours to redundant maintenance activities.

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Manage Total Cost of Ownership (TCO)

Predict lifetime TCO at purchase; track and measure TCO during lifecycle. Integrate with aftermarket to track end-of-life value to determine optimal disposal date.

Optimize all the stages in the rental value chain

On-Rent
Off-Rent
Workshop
Rental Ready
Operational fleet

Maximize efficiency of equipment operations

When your equipment is on-rent, you need to use technology like IoT to keep track of the time utilization of the machine and BI to track the financial aspects.

Rental revenue depends on the rental period, the rate, the demands, and the value the equipment brings. Track the income and the DSO during this stage.

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On-Rent
1_Tool-off-rent
Off-Rent
1_Tool-workshop
Workshop
1_Tool-rental-ready
Rental-Ready
Operational Fleet

Move equipment back to depot and optimize its readiness

Oversee pick-up, checking, and movement of the equipment with ease. Determine the right criteria to measure the performance of equipment, while it was on-rent.

Fasten the process of getting the equipment ready for the next rental, to ensure safety and for more profitable future outcomes.

1_Tool-on-rent
On-Rent
1_Tool-off-rent
Off-Rent
1_Tool-workshop
Workshop
1_Tool-rental-ready
Rental-Ready
Operational Fleet

Minimize downtime to maximize utilization and profitability

Track the breakdowns and service requirements. Measure the overall equipment effectiveness and maintenance costs.

Access the insurance and warranty details for all the assets. Track all the quality and safety checks that your equipment has been through.

1_Tool-on-rent
On-Rent
1_Tool-off-rent
Off-Rent
1_Tool-workshop
Workshop
1_Tool-rental-ready
Rental-Ready
Operational Fleet

Price competitively; manage contracts; dispatch equipment

Keep track of quotes that convert to orders; update your offerings and create competitive quotes accordingly.

Manage effective customer contracts; prepare the equipment (calibrate, dismantle, pack, and attach) as required, for on-time dispatch.

1_Tool-on-rent
On-Rent
1_Tool-off-rent
Off-Rent
1_Tool-workshop
Workshop
1_Tool-rental-ready
Rental-Ready
Operational Fleet

Manage end-to-end rental operations

Evaluate and ensure quality standards compliance for your rental and transport fleet; keep them in safe working conditions, by ensuring timely inspections.

Ensure their availability across key depots or regions; optimize their movement to address demands in a fast and efficient manner.

1_Tool-on-rent
On-Rent
1_Tool-off-rent
Off-Rent
1_Tool-workshop
Workshop
1_Tool-rental-ready
Rental-Ready
Operational Fleet

Maximize efficiency of equipment operations

When your equipment is on-rent, you need to use technology like IoT to keep track of the time utilization of the machine and BI to track the financial aspects.

Rental revenue depends on the rental period, the rate, the demands, and the value the equipment brings. Track the income and the DSO during this stage.

Move equipment back to depot and optimize its readiness

Oversee pick-up, checking, and movement of the equipment with ease. Determine the right criteria to measure the performance of equipment, while it was on-rent.

Fasten the process of getting the equipment ready for the next rental, to ensure safety and for more profitable future outcomes.

Minimize downtime to maximize utilization and profitability

Track the breakdowns and service requirements. Measure the overall equipment effectiveness and maintenance costs.

Access the insurance and warranty details for all the assets. Track all the quality and safety checks that your equipment has been through.

Price competitively; manage contracts; dispatch equipment

Keep track of quotes that convert to orders; update your offerings and create competitive quotes accordingly.

Manage effective customer contracts; prepare the equipment (calibrate, dismantle, pack, and attach) as required, for on-time dispatch.

Manage end-to-end rental operations

Evaluate and ensure quality standards compliance for your rental and transport fleet; keep them in safe working conditions, by ensuring timely inspections.

Ensure their availability across key depots or regions; optimize their movement to address demands in a fast and efficient manner.

To-Increase Insights

Our thought leadership, resources, and key insights aim to help you make informed decisions in various equipment rental and services businesses.

Blog posts
eBooks
Factsheets
1
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11468089779
Page 11468089779 DynaRent Solutions Suite for Dynamics 365 (and AX)
DynaRent-Solutions-Suite

DynaRent Solutions Suite for Dynamics 365 (and AX)

DynaRent Solutions Suite addresses multi-industry needs effectively and gets you future-ready to leverage IoT, Big Data, and other innovations.
2
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36526296009
Page 36526296009 DynaRent Customer Portal for Microsoft Dynamics 365
Rental-Customer-Portal

DynaRent Customer Portal for Microsoft Dynamics 365

Leverage this state-of-the-art, customizable, and cloud-based customer portal to streamline your operations, resources, and processes.
3
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30701157989
Page 30701157989 Anywhere for Rental for Dynamics 365 (and AX)
Anywhere-for-Rental

Anywhere for Rental for Dynamics 365 (and AX)

Want to improve the efficiency of rental operations? Use mobile operations to improve productivity and replace less-efficient processes with real-time updates.

To-Increase Insights

Our thought leadership, resources, and key insights aim to help you make informed decisions in various equipment rental and services businesses.

Choose your resource

Impact of DynaRent on your business

Fast and easy rental counter experience

Ensure optimal customer-centricity by enhancing customer experience from various perspectives, especially from the standpoint of ease of use and agility — which could be a potential game-changer.                            

Anywhere for Rental

Manage insurance and damage waivers

After the rentals are returned and settlements are reached based on consumption, DynaRent helps you manage insurance and damage waivers in an effective and seamless manner.

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Combine rental retail, service, and logistics

Manage service, maintenance, and transport for goods seamlessly. With an open platform and rich integration with ERP, you can also interface with partners, suppliers, and third parties at the systems level too.

Item Information
challenges

Specific DynaRent solution

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Planning & Dispatching

Schedule and monitor your resources (manpower or equipment) efficiently across rental contracts or projects that span multiple months.

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Service Execution

Maximize uptime of your equipment by executing timely maintenance and service in a highly efficient manner — on-site or off-site.

1_Asset-Management

Asset Management

Reduce down-time of your equipment and total cost of ownership by tracking periodic maintenance, a revision, or even sales.

1_Fleet-Management

Fleet Management

Ensure efficient fleet management, i.e. the right balance between fleet apportionments (own vs. other) and assigned vs. requested fleets.

1_Customer-Engagement

Customer Engagement

Leverage in-depth insights on rental availability, pricing, and projects to drive utilization of manpower and equipment to the next level.

1_Supply-Chain-Management

Supply Chain Management

Streamline the end-to-end in-house, outbound, and inbound logistics for your company, whether it is rental equipment or just a spare-part.

1_Contract-Management

Contract Management

Monitor and streamline hourly, daily, weekly or monthly invoicing to drive the optimal revenue stream and reduce the number of credits.

Learn about our customers experiences

Optimize efficiency, synergy, and visibility to positively impact bottom line 

Ainscough Crane Hire

Leveraging DynaRent proved to be a key game-changer for Ainscough, as it helped their diverse teams to optimize equipment utilization and deliver projects on time and as per the highest possible safety standards.

Other Case studies

CP Aps

By implementing DynaRent, CP was able to effectively move from manual processes to streamlined operations, which in turn helped them reach their goal of providing quality products and services to their customers.

BMS-logo

DynaRent helped BMS to establish growth synergy, streamline their operations, manage complex rental orders, improve mobility with real-time updates, and shorten their accounts receivable cycle.

eazi access

Eazi Access implemented DynaRent to improve revenues, gain real-time updates, and manage various processes for their access platforms, cranes, and other related equipment.

Talk to an industry expert

expert-cor-tiemens

Cor Tiemens

Equipment Rental and Lease Specialist

As a seasoned expert, Cor has helped companies in various industries with process improvement, automation and business intelligence.

expert-cor-tiemens

Cor Tiemens

Equipment Rental and Lease Specialist