The EZRentOut team rolled out some exciting new features and enhancements last quarter. We have enhanced the Rules and Coupons feature for you to create multiple discounts under a single rule for easier faster operations. Also, your customers can now easily upload relevant documents when renting out orders from the Webstore. In other important updates, streamline your accounting principles by choosing an inventory valuation method that best suits your business, and easily schedule and track orders that need to be picked up from customers. 

Read the complete August 2021 Release Notes to learn more.

Setting flexible pricing strategies is crucial for business success. Offering coupons and discounts on a case-to-case basis creates loyal customers and encourages them to rent from you regularly. 

Busy rental businesses often need to quickly check item availability for fast conflict-free reservations. During hectic operational hours, going through Item Detail pages to check the availability of required items can be a waste of time and employee productivity.

You can now check Asset, Asset stock, and Inventory status directly from the top navigation bar via the new Check Availability button. Simply enter an Item’s name, identification number, or scan the Item’s barcode to quickly check its availability and add to an Order right from the dashboard. 

Streamline the rental process for yourself and your customers with EZRentOut’s new feature that enables you to schedule a pickup time and date for orders that are being returned. Stay on top of the entire process by marking an order as scheduled for pickup, picked up, or canceled, and get notifications for upcoming pickup times. 

Rental businesses often require their customers to successfully upload documents to process the rental order. For example, if a customer is renting a truck, you would need them to provide a copy of their driver license. EZRentOut’s Upload Documents on Cart Checkout feature enables your Customers to easily upload any required documents while renting out an Order on the Webstore. You can specify the type, size and number of documents they can upload and also enable a setting to review and approve these documents. 

Let’s take a deeper look at how this feature works: 

Inventory valuation is an accounting practice for companies to find out the value of unsold items at the end of the financial year. Inventory valuation methods help calculate the monetary value of remaining inventory, evaluate cost of goods sold and eventually affect your profitability. This is why it is important to choose the right inventory valuation method for your business. Within EZRentOut, you can use two options including:

With EZRentOut customers spread across the globe, we aim to make it a seamless process for rental businesses to track their assets and manage their stores online. Our localization capability enables you to customize your EZRentOut account to suit your local requirements.

Whether you want to set a preferred time zone, select a language, or even create local tax details, you can easily customize the account according to your requirements.

Businesses with multiple Locations may need to stock different Asset Stock and Inventory quantities depending on the requirements of that particular Location. 

EZRentOut makes it easy to manage these varying quantities with Location-based Thresholds. You can use this functionality to set a default minimum and maximum value or set custom thresholds for specific Locations. 

Work orders help in assigning tasks to be performed, specifying completion dates and other necessary instructions. Even though this benefits in assessing the performances of employees, it is also important to track Work Order Costs. This can help businesses flexibly calculate a particular cost incurred for each task. Managing multiple work order costs accurately can result in overall efficiency for your business. 

Automate your work order costs with EZRentOut. Let’s have a look at how you can implement this feature: