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NetScore Rental Management for NetSuite

Rentegrate

Status: Unverified

Rentegrate – Integrated Rental Management Solution, built for NetSuite, seamlessly integrates rental operations into core NetSuite functionalities of CRM & Financial Reporting. Rentegrate is a flexible solution that adapts to any rental and leasing business and enables them to streamline their entire business operations.

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Categories: Native, NetSuite Apps, Suiteapp
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  • Description
  • FEATURES
Description

RENTEGRATE – Integrate Your Rental Operations

With features like tracking status, contracts management, automated billing and reporting, Rentegrate is designed for Rental & Leasing companies enabling them to streamline and integrate their entire business operations.

Key Benefits

  • Built for NetSuite
  • Integrate Entire Business Operations
  • Track & Manage Assets in Real Time
  • Simplified Invoicing & Billing Process
  • Manage Bookings & Conduct Business On-The-Go
  • Access Instant Insights, Analytics & Dashboards
  • Generate Comprehensive Reports based on critical KPIs – like Time & $ Utilization (UTE)

Customer Quote

NetSuite has helped us completely automate various complicated internal processes: from the booking of cranes, to the management of hundreds of time sheets a day and the direct billing of heavy-lifting equipment on construction sites across the Middle East. Shashidhar Salian, Audit Manager, Al Faris Equipment Rental

– Al Faris Equipment Rental

Customer Testimonial

Rentegrate for NetSuite was successfully able to meet all our unique requirements including MIS, analytics, dashboards, automated tracking of rental fleet and customized billing scenarios.

– Hertz Dayim Equipment Rental

FEATURES

Rental Asset Management

  • Integrated Rental Assets with NetSuite Fixed Asset Management (FAM)
  • Rental Assets Tracking with statuses like Available, On Rent, In Repair etc.
  • Reserve, Allocate, Deliver Assets
  • Smart Analytics and Reporting

Contract Definition & Management

  • Contracts for fixed rates, time, material, manpower, ancillary items
  • Set-up billing rules based on maximum hours per day, week or month
  • Define different billing intervals such as Default, Cycle billing, etc.
  • Define Special rates based on various parameters and combinations like weekends, workloads etc.
  • Define standby rates or any other kind of rates adjustments
  • Set, update, modify contract rates, billing end dates at various stages of operations
  • Extend contracts and update relevant processes and billing records

Automated Billing

  • Create billing records based on contract terms - default, cycle billing etc.
  • Create and Capture billing records for entire contract period
  • Invoicing for billing records
  • Create automatic billing records and invoices for delivery & other charges
  • Final Bill Preview Report
  • Capture and Update time sheets
  • Billing for extra hours/units of usage
  • Early termination and update all relevant process & billing records

Availability Calendars & Other Ancillary Processes

  • Rental Asset Scheduling
  • Track Available RAs by status (On Rent, Available, Under Repair etc)
  • Composite rate for Rental Assets, Manpower and ancillary combination.
  • Individual Asset Revenue Tracking - even in composite rates contracts based on internal rates.
  • Manage Breakdowns/ Replacement/Exchange of equipment to complete cycle and changes in billing records.
  • Contract Off-Hire
  • Re-rent from market
  • Allocate and Delivery Substitute Items

Analytics & Reporting

  • UTE (Utilization) Analytics - Time, Investment, $ UTE, un-billed Revenue
  • FUR% (Fleet Unavailable for Rent)
  • Fleet Historical Hiring Statistics
  • Fleet Status
  • Contract Renewal / Expired Contracts
  • Contracts Nearing Expiry
  • Contracts Billing / Not billed
  • Revenue / Profit by Rental Asset, Class & Category
  • Customer wise Rental Assets
  • Scheduled Off-contract hire
  • Pricing history of Rental Assets, category based
  • Re-rent analytics (Opportunities lost)
  • Substitute (Higher Capacity) on Rent Analytics
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