The plant hire market is getting more competitive by the day and also keeps shifting constantly, and this makes it difficult for many hire businesses to adapt. To be successful in this chameleon-like market, your hire business needs to be more agile to react to these changes.
With long-term rental software, also called hire management software, you can automate the process in your hire business, and gain valuable data that can help you establish your business as a market leader. Also, with the real-time visibility that this software offers, keep track of all your hirable construction equipment.
Today, many hire businesses, catering to various industries, have started using long-term rental software to streamline their business operations, improve their customer service capabilities, and more.
In this blog post, we’ll cover four benefits plant hire businesses may experience from hire management software.
1. Helps keep your equipment in working order
Construction equipment needs to be in the best condition possible before they’re hired out for construction projects. The condition of your hire equipment is a major deciding factor for customers on whether or not they’ll want to use your plant hire business’s services again. However, when you have a sizable fleet of construction equipment for hire, it can be difficult to keep track of the condition and maintenance of your equipment. And as a result, this may lead to equipment failure and ultimately, dissatisfied customers.
With long-term rental software, you can stay up-to-date with the maintenance schedules of all of your construction equipment for hire as well as dispatch your technicians to machines that require routine repairs, while they’re still within your business or after they’ve been sent out to clients. Also, this software tracks the activities of the machines and also their locations so that the necessary maintenance can be done quickly.
With hire management software, you can increase the lifespan of your hire fleet through regular maintenance and reduce the likelihood of your hire equipment breaking down when in the possession of your hirable construction equipment.
2. Offers insightful revenue reports
With hire management software, you can keep track of the profitability of your hirable construction equipment as well as the revenue you generate from your customers.
When it comes to profitability, your most high-profile clients may not always be the ones that bring in the most revenue. Sometimes, even small clients may hire out your equipment more regularly than large clients, generating more revenue for your company in the long run.
With hire management software, you can stay informed about which clients are profitable and which of your construction equipment generates the most revenue in comparison to the cost of maintaining them.
3. Allows conflict-free booking
Manual booking can lead to many problems, such as overbooking or booking the wrong client for the wrong hire equipment.
With rental management software, you can accurately keep tabs on which equipment was requested by which client. This can help reduce potential booking conflicts and as a result, streamline the booking process and avoid massive delays in service delivery and your client’s construction projects.
In addition, this software helps you keep track of your inventory to ensure that the specific construction equipment your clients are requesting are available. Also, by avoiding booking conflicts, you can protect your company’s reputation.
4. Ensures disaster-proofing
Unexpected events like natural disasters, or even a data breach, can happen at any time. And during a disaster scenario, a hire business may end up losing valuable data.
When you use hire management software, all your hire-related data will be stored off-site in servers boasting the best cybersecurity software.
This way, if a major disaster affects your hire business, you’ll still have a backup available so that you can restore your hire data and continue business operations.
Implement long-term rental software today
Managing a plant hire business can be a challenge, especially when you have a large fleet. But with the power of modern hire management software, you can streamline your hire processes, store all your important data and, in the long run, boost customer satisfaction levels.
At MCS Rental Software, we offer a selection of hire management software solutions, including plant hire software. Speak to our team today to get started.