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 – Our current approach to credit card processing is painful

Common challenge: “Our current approach to credit card processing is painful.” Solution: ADVANTAGE features fully integrated PCI compliant credit card processing. Accepts one time, recurring, and scheduled credit card transactions Automatically records customer payment(s) upon settlement No terminal required, all transactions happen within ADVANTAGE Saves encrypted customer cards for later use Generates reports of expiring…

Common challenge: “Looking for a way to protect rental equipment while increasing your revenue stream?”

Solution: RMI ADVANTAGE’s Damage Waiver solution simplifies the process of billing and reporting for damage waiver charges by: Assigning a standard  percentage as a damage waiver charge for each piece of equipment Setting whether or not a customer declines the damage waiver Showing the breakdown of charges in the totaling section of the invoice Benefit:…

Common challenge: “Struggling to track actual equipment usage for billing and maintenance purposes?”

Solution: RMI ADVANTAGE uses “Meters” to track the usage of your rental assets.  A “Meter” is anything that keeps track of equipment usage. Meters attached to assets track how much a customer actually uses the asset. The following are examples of “Meters” in ADVANTAGE: Engine Hours Meter – Keeps track of how many hours an engine has…

Common challenge: “Business is good!…”

Common challenge: “Business is good! Rental orders are increasing and your fleet is growing, making it more difficult to schedule deliveries and pick-ups of rental equipment.” Your ability – or inability – to deliver on time can adversely affect your customer’s project. Miss a delivery window and you damage your relationship. Solution: Scheduling equipment deliveries…