Industries

Specialty & dry rental

Equipment out, billed by period, with depreciation and ROI handled while it is on rent.

What goes wrong

The problems this industry runs into

Equipment on rent is still a fixed asset. If depreciation and rental revenue live in different systems, neither view of the machine is complete.

Day, week, month, hourly and metered billing all apply, sometimes on the same contract, and a rigid pricing model forces workarounds.

A machine in the workshop is not available, and a system that does not know that will rent it out anyway.

How IIG solves it

Fixed asset integration depreciates equipment while it is on rent, and creating or disposing of an asset is one step rather than a parallel process.
Rental contracts carry the rate structure the deal actually uses, rather than forcing every agreement into one shape.
Work orders and repairs run on the same platform as availability, so equipment under repair is not offered to a customer.
Equipment ROI shows what each unit earns against what it costs, which is what makes repair-or-replace a decision rather than a debate.

What you would run