Rental Management Software and the Rental Industry
Rental management software can be a brilliant tool to utilize if you want a bigger slice of the rental industry pie. According to the American Rental Association, the forecast for the increase in revenue of the equipment rental industry still stands strong. The revenue forecast predicts a 5.6 percent growth in revenue to $47.9 billion in 2016. Revenue is projected to grow another 4.9 percent in 2017 and reach a record $55.6 billion in 2019. The industry’s growth forecast is double that of the overall economy.
“The equipment rental industry continues to grow at a fast pace with strong equipment rental demand within all markets,” says Christine Wehrman, ARA’s executive vice president and CEO.Continue reading →
Financial transactions and exchange of goods have been drastically revolutionized ever since big brands like Amazon, Ebay and PayPal have stepped into the market. People are increasingly relying on ways to shop and pay online. There is hardly any industry or business that is still stuck to the old ways and has not yet moved online. The rental industry is no exception, looking for an efficient equipment rental software that has it all. Continue reading →
We’ve worked with organizations where high-end equipment is employed for daily operations. Having a burnt light or a ripped belt drive hurts their business. More importantly, these hiccups affect their reliability and efficiency. This post explains how the Service and Maintenance feature in EZRentOut can be used to keep your equipment in good shape.
For Advanced Services and Maintenance including Recurring Services and Service Triage, which can be enabled from Settings → Add Ons), click here