Damaged items are a common concern for rental businesses. Depending on the value of the item and the extent of damage, it can be a significant cost for businesses. Not to mention the time and resources you put into repairs. EZRentOut already allows you to charge customers for any damages on their entire order. With our new feature – Line Item Damages – you can now charge customers for damages on an item level.
For example, let’s assume there’s an order that contains two assets: Nikon D3500 and a spare rechargeable battery. When the customer returns the order, the camera is slightly damaged. Our new feature enables you to charge damages only on this particular item and not the entire Order.
The EZRentOut team is excited to attend The ARA Show in Orlando, Florida, from February 10 – 12. We are offering in-depth demos and discounts at the American Rental Association’s annual convention and trade show for the equipment and event rental industry. With over 700 exhibitors, hundreds of networking opportunities, and rental specific education, we hope to see you at one of the premier rental industry events of the year.
The EZRentOut team rolled out some exciting updates last quarter. We’ve increased flexibility in Consolidated Invoices, introduced the ability to settle security deposits, added new alerts, and much more!
If you are in the party rental business then you know it’s no party. Like all businesses, the key to success is hard work and daily dedication to your customers – no shortcuts. Also, it is a competitive market with increasingly innovative ideas propelling businesses to success. So how do you create an impact?
Whether you are new and looking to make your place in the market, or trying to take your business to the next level, you are likely to face multiple challenges.
Here are five tips that can help your party rental business achieve success in 2020.
Let’s say you run car rentals and have a customer who’s renting out a car. A car is a high-ticket asset, so it makes sense if you want the customer to deposit some security against it. The security deposit is important, especially in the rental industry. It serves as an assurance that even if the customer doesn’t return the item, you can at least use the deposit to recoup the lost rental income.
EZRentOut now gives you the ability to settle security deposit payments against rented out Orders. Let’s dive deeper to learn more about settling security deposits.
In the past decade, the US tool rental industry has seen remarkable growth, so much so that it can reach a size of $59.4 billion by 2021. There has been an increasing shift towards renting rather than purchasing tools.
By default, all invoicing on EZRentOut is done for single orders. However, certain businesses may prefer receiving a singular invoice for all their orders. This simplifies order referencing and is possible with EZRentOut’s consolidated invoices.
Generate consolidated printouts for multiple orders – be it a recurring order or a business or customer order.
The construction industry is one of the most dangerous fields to work in. In fact, around 20% of industry worker fatalities occur in this sector. Coupled with this, it also incurs losses worth millions of dollars from several non-fatal injuries.
This is why safety is so important in construction. While it comes at a cost, the price of negligence is far greater; a single violation of any safety precautions defined by the Occupational Safety and Health Administration (OSHA) can cost you up to $70,000.
The Orders Module in EZRentOut empowers you to stay on top of your jobs and events by greatly simplifying the rental process. It enables you to rent out related items in bulk for multiple projects, thereby saving you time.
We have enhanced our Orders module by introducing Item Recommendations for Orders. This feature uses artificial intelligence to identify items that are normally rented out together. It highlights any missing equipment that you may find useful for specific business activity.
EZRentOut now supports the Topaz signature pad for capturing electronic signatures. This enables you to capture signatures more conveniently, thereby creating a smoother verification process for your users.