Common Challenge: “Do we have the available equipment to meet customer demand?”

Common challenge: Do we have the available equipment to meet customer demand? Solution:  RMI ADVANTAGE’s Product Availability provides analytical tools such as availability matrixes and reports to help you manage your rental equipment. ADVANTAGE tells you how many units are presently: Owned In stock Scheduled to be shipped Scheduled to be returned Available now and…

Common challenge: “Still paying an outside accountant to perform basic depreciation accounting?”

Solution: ADVANTAGE includes complete asset management functionality. This functionality includes: Separate depreciation rules for rental fleet assets vs. property plant and equipment. Multiple sets of depreciation books can be maintained General Ledger integration to maintain interim financial statements “Normal” as well as custom methods of depreciation are supported Auto calculate tax depreciation start date for…

Common challenge: “Allocating freight and other charges amongst items you’ve purchased”

Solution:  RMI ADVANTAGE’s Item Charges add value to your asset account and increase the value of the item. Once the Item Charge is entered into ADVANTAGE they are linked to the purchased item.Examples of Item Charges include: Freight Handling Duty Insurance Labor Environmental Charges Other costs related to the item Benefits: See the breakdown between…

Common challenge: “Is taking a physical inventory so painful that it’s not currently getting done?”

Solution: Using RMI ADVANTAGE’s Mobile Solution, workers perform inventory counts with hand-held devices. The process is as simple as outlined below. Mobile Devices include: » iPads, iPhones, iPods » Tablets » Web-enabled scanners » Any device with internet access Benefit: Quickly records the actual quantity counted Full ERP System is updated in real time Physical…