When you have a business that is rooted in the movement of goods, it’s important that you have the right software to help you run your business from any location using any device. This instant access, especially in the event hire industry, enables you to take orders or even ship equipment from your warehouse, and AV rental software can help you achieve this.
Hire software can also give you a clearer picture of your stocks and equipment repair requirements, and provide you with insights so you know how to maximise equipment utilisation. The software helps you streamline every stage of your hire cycle and deliver exactly what your customers need.
Whether your business involves hiring out sound systems for concerts or camera equipment for movie studios, it’s important to have a solid plan to maximise the efficiency of your equipment. With every AV rental software having its own unique set of features, you need to find the right software that offers the solutions that complement your business and industry.
Know the status of your AV equipment
One of the best features of hire software is that it takes out all of the guesswork when you’re checking out AV equipment. You have instant access to the equipment that’s available for hire and can know when they’re going to be returned, making it easier for you to plan for future orders.
Inventory management comes as part of the software package and is an important part of your hire business as it gives you all the metrics regarding your inventory in a single platform. You can access all this information directly from your mobile devices no matter where you are. Additionally, since inventory records are updated in real time, you don’t have to worry about any discrepancies or possibilities of overbooking your AV equipment.
An AV hire software solution gives you access to all your stock levels, helps you double down on any equipment shortfalls, generates equipment shortage notifications, and ensures that you’re sending the right equipment in the right quantities.
Get real-time business data
As a component of event rental software, AV rental software largely depends on business trends and events. The right software can help you get meaningful insights into your business and help you identify any strengths and weaknesses that can build a resilient hire business.
Keeping a close eye on past trends and whether these trends emerge during certain times of the year can also help you make the right strategic decisions. The hire software can collate the information in a dashboard, making the information easy to read and giving a better understanding of your current business operations. Data can even be presented using data visualisation tools so that everyone in your organisation can easily understand the intricacies of your business operations.
Generating accurate reports is also another benefit. Information on AV equipment costs, hire trends, operational data, and asset utilisation can all be easily accessible, allowing you to make rapid decisions if needed.
Keep everyone connected
Today, connectivity is key, especially if your hire business is spread across different geographical locations. Additionally, it’s not just about keeping your employees connected to each other; it’s also about keeping your employees connected to your customers.
Key customer information like hire history is important to build a relationship of trust so that your customers aren’t kept waiting for critical information. From the moment your customer reaches out to you to the point of finalising payments, you can have complete transparency with every interaction.
Tracking their AV equipment requirements puts you in a good position to heighten customer satisfaction and grow your business.
Let AV rental software do all the hard work for you
AV hire businesses—like many hire businesses—struggle for flexibility, consistency, and precision. A hire software solution that has multiple features that complement your business can become a significant asset.
Not only will you have a better chance of delivering your AV equipment at the right time and in accordance with the customer’s requirements, but you will also increase your chances of securing better profits.