| December 2023
Rental machine tracking and management software is used to map the movements of these company assets and equipment. It eliminates guesswork or misreported information, and lets you see the exact location of assets and equipment. In addition, you always have current status and the full rental and maintenance history of each asset in one convenient view.
For heavy equipment rental companies, their assets are not only valuable, but also a direct source of revenue. Therefore, it is essential for these business owners to track the movement of their assets and equipment. And this is where equipment rental tracking software comes into play!
Rental tracking software is used to track the movement of company assets and equipment. It eliminates guesswork or misreported information, and lets you see the exact location of assets and equipment. Moreover, you always have current status and the complete rental and maintenance history of each asset in a convenient overview.
- The need for real-time data on the status of rental equipment
- The need for predictive maintenance
- The need for centralized management
Having immediate access to up-to-date critical data on the condition of the equipment being rented/leased as well as the service history of each company asset gives a strategic advantage. Maintenance teams receive alerts on potential failures before they occur, and the data is used by procurement and logistics teams to efficiently manage storage and spare parts, by the HR manager to improve risk monitoring and safety procedures, and by management to automate processes and identify potential business opportunities.
1) Maximize the efficiency of your operational operation
2) Increase transparency and ensure visibility of your assets
3) Automate analytics and reports
4) Monitor the operational status of your machines and reduce machine downtime
5) Automate scheduling and get instant updates/reminders
6) Manage document flow (inspections, maintenance books, rental documents)
7) Reduce the risk of manual errors.
8) Reduce the risk of machine breakdowns breakdowns
Benefit: Accurate tracking and organization of rental equipment: you know at all times who is using which equipment in which location.
Benefit: Effortless creation and management of rental contracts, with accurate information on equipment availability and optimized scheduling.
Benefit: Knowing the current status and a complete maintenance history of rental equipment allows you to plan predictive maintenance and maximize the life of an asset.
Thanks to collected asset data, in-depth analysis and reports are generated that allow informed decision-making for strategic business growth.
1) Conduct regular stock audits
2) Automate the tracking of your rental equipment
3) Choose an efficient system to identify your equipment
4) Provide all your rental assets with identification tags
To track and manage the data of all assets and equipment through the management software, each individual item is tagged/tagged. These tags allow you to easily identify and track your property. Different types of technology are used for this, depending on the type of asset and the amount of data you want to record:
1) BARCODE
2) RFID
3) QR/NFC
4) GPS
5) BLE
Want to know more about this? Click here.
Play it smart and track in real-time the location, running hours, maintenance and logistics of your tools! You use our handy tool for smart management of your tools and infrastructure, empowerment of mobile work teams and scheduling of periodic maintenance and mandatory inspections. Via IoT technology, your materials, rolling stock, mobile teams and infrastructure are identified, linked and you can monitor everything on 1 central platform on your PC, tablet or smartphone.
Have this blog answered your questions, and would you like to learn more about the cost or spar with us about the right application for your business? Then contact us directly by phone 03 289 55 35 or click here to ask for more info or book a consultation.
Also read our other blogs on tracking and monitoring corporate assets:
After reading this blog, are you curious about which tracking and digital solutions All-Connects offers? Ask us your question and we will answer you as soon as possible.