Many Solutions for the Equipment Rental Industry have addressed only one dimension of the business – the rentals, the maintenance or the distribution. Until now, organizations were forced to implement these narrowly focused solutions and integrate with multiple systems to optimize business operations.
Ramco Systems offers an Enterprise scale, Web Architected, comprehensive singular solution that is designed to address all of the needs of the Rental business.
The Ramco solution spans across all functions of the enterprise covering: Rental Operations, Asset Maintenance, Supply Chain Management, Billing, Receivables, Payables, General Ledger, Fixed Assets, and Job Costing. Ramco Equipment Rental and Leasing Application, which handles Rental Operations, integrates seamlessly with Supply Chain, Asset Maintenance, Billing, Financials and the remaining Back-office applications. Ramco’s built-in Enterprise Analytics solution, Data Drill Downs (DCube), and EZ View tools make the Rental Management Solution the most comprehensive offering in the industry.
Real Time Asset Tracking and Utilization
- Track Asset Availability
- Monitor Rental History and Revenue
- Analyze Revenues, Costs and Profits at the Asset Level
Optimized Rental Operations
- Simplified Quotation Management
- One Step Quote to Order Conversion
- Build and Manage Pricing Rules
- Automated Billing Based on Contract/Order
Integrated Supply Chain Management
- Order Fulfillment
- Procurement Management
- Inventory Planning, Analysis and Management
Comprehensive Asset Maintenance
- Plan and Track Maintenance Schedules – Predictive and Preventive, and Resources
- Track Repair History
Complete Financial Management
- Comprehensive Financial Capabilities – GL, AP, and AR
- Equipment Based Cost Allocation and Tracking
- Asset Life Cycle Tracking through Fixed Asset Management
Dashboard reporting and Key Performance Management
- Multi-dimensional Profitability Analysis (Job, Branch, Customer, Site, Equipment Group, Equipment)
- Trend Analysis on Quotations, Orders by Customer, Equipment Group, Equipment
- Downtime Analysis
- Asset Utilization Analysis (days owned, days rented, down-time, equipment usage)
- Non-Performing Asset Reporting
Follow the link for further Solution Footprint
Ramco Enterprise solution is a component-based, model driven solution that is designed to meet your current and future business needs.
Follow the link for more details on the Technology and Delivery Model
- Avoid over commitments and opportunity losses
- Eliminate non-performing assets
- Optimize part replenishments
- Increase warehouse efficiencies
- Derive competitive volume pricing from vendors by analyzing buying patterns and business volumes
- Increased operational efficiency through automated workflows
- Optimize transportation costs by tracking equipment availability by location, yard and site
- Avoid inefficiencies due to multi-system integration by implementing a completely integrated solution
- Seamless Integration with other value added systems (e.g. RFID, bar-code scanners, telemetry, GPS)
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