Sycor.Rental Stands Head and Shoulders Above its Competition

August 6, 2024

5 PROCESSES THAT SYCOR.RENTAL PERFORMS WHILE EQUIPMENT IS OUT ON RENT

In the equipment rental business, needing access to information on equipment that is out on rent is critical to business and financial operations. As your rental operations expand, managing equipment can become increasingly complex and time-consuming. Utilizing Sycor.Rental, equipment rental software and cloud rental software, integrated with Microsoft Dynamics 365 Finance & Supply Chain Management (F&SCM), can streamline your access and knowledge of where your equipment is and how it is operating, offering equipment rental businesses the information they need to keep their businesses profitable.

This powerful integration between Sycor.Rental and MSD365F&SCM helps streamline rental and business processes, such as equipment tracking, invoicing, servicing equipment, and financial tracking. This functionality helps Sycor.Rental stand head and shoulders above its competition.

**5 Process Functions of Sycor.Rental Available While Equipment is Out on Rent:**

Record Log-Off Time:

Manage down time on rental sites by recording log-off times. This allows your business to define periods of time that the equipment is not being used where you do not want to bill the customer for that log-off time (e.g. Holidays, weather, etc.).

Customers are also able to create requests to record log-offs via the Sycor.Rental Customer portal. These requests can be reviewed and approved to then log-off the equipment from rent for a period of time specified.

Create Workshop Orders:

While equipment is out on a rental site, it may come due for a service appointment or get damaged while on the job site. With Sycor.Rental , businesses are easily able to create a workshop order directly for a piece of equipment while it is still out on rent.

Whether you choose to execute the workshop order and leave the equipment out on rent or would like to exchange the equipment for the same or similar item, Sycor.Rental can easily manage this.

Transfer Equipment to Separate Rental Locations:

When equipment is out on rent, it is common that a customer may move the equipment between their rental sites. With Sycor.Rental , the originating equipment rental business, is able to track this movement of equipment between locations. The system will provide you a list of other open rental locations for that specific customer and you are able to transfer the equipment to that location.

Create Sales Quotes/Sales Orders, Invoices, and Transaction Processes:

Efficiently create sales quotes or sales orders to send directly to the customer if they choose to buy the rental equipment, rather than returning it at the end of the rental period.

Adjust Rental Period Dates:

Effortlessly, extend or shorten rental periods for equipment to better maintain, manage, and plan your rental fleet. This feature particularly comes in handy when using the Dispatch Board (see below) to plan equipment utilization and time on rent.

In Conclusion:

Leveraging Sycor.Rental equipment rental software offers substantial benefits to equipment rental businesses. Sycor.Rental has many different functions that can be performed while maintaining equipment that is already out on rent. Since the Sycor.Rental is seamlessly integrated within Microsoft D365 FSCM, it helps to enhance productivity in an easy-to-use interface, ultimately driving profits and growth for your company.