NexVue Information Systems is pleased to announce that Rental360, their modern rental management software solution, has earned American Rental Association (ARA) Rental Market Metrics certification. Developed from the ground up to manage equipment and asset rentals by leveraging the latest cloud technology, Rental360 handles rentals, financials, CRM and more all in one platform, supports great customer service, and provides the internal controls needed to grow business.
The ARA Rental Market Metrics program establishes industry standards and provides a consistent way to calculate and report critical performance measurements for the rental industry. This baseline helps track key measurements and provides industry analysts and investors with a benchmark to measure a rental company’s performance over time or in comparison to their competition. To earn the certification, a solution must apply the ARA standards and methodology to produce the expected results across key rental industry standardized metrics at an accuracy level of 100%.
“Rental360 addresses the entire rental process from check-out and delivery to check-in and inspection,” said Dan Schwartz, Founder and CEO, NexVue Information Systems. “Built on the AcumaticaE™ platform, Rental360 keeps you connected by surrounding core rental processing with industry-standard tools to support financials, reporting, email, document management, automatic notifications, mobility, web interfaces, and more.”
Rental360 is built on the modern Acumatica ERP platform already in use by thousands of companies around the world. Because Rental360 is hosted in the cloud, enterprise rental software is now accessible to small and medium sized rental operations to help manage daily tasks and keep up with demands on a modern platform that will grow with their business.
“Acumatica has attained five consecutive years as the fastest-growing cloud ERP company in the world,” said Jon Roskill, CEO, Acumatica. “That’s a testament in part to innovative partners like NexVue. We are delighted to be partnering with them to help the underserved rental industry with modern software that will carry them into the future.”
Rental Functions. Efficient order processing, equipment management, delivery, check in/check out, scheduling and tracking saves time and ensures rental companies get maximum return on equipment investment.
Verification. Equipment drop off or damage is documented real time with cell phone photos and electronic signature capture attached to the equipment record.
Accounting. Integration with full financial processing including general ledger, payables, receivables and cash management, sales tax and credit card processing provides built-in costing, pricing, depreciation, and ROI tracking for individual inventory items.
CRM. Integration with customer database enables better customer service and targeted communication with clients and prospects.
Service. Service schedules are tied to specific inventory items and notifications are automatically sent when service is due to minimize down time due to maintenance.
Approval Workflow. Rental orders, service tickets, and more can be assigned to an approver for easy management and operation controls. Notifications can be automatically sent to customers and staff to keep everyone connected and informed.