Windward Insider Blog

Juggling Service and Rental Schedules

Written by Windward Software | Jun 27, 2024 7:22:00 PM

Businesses offering services or rentals alongside traditional sales face unique challenges in managing their operations efficiently. From scheduling service orders to tracking equipment maintenance and rental agreements, the need for a robust management system cannot be overstated.

Continue reading to learn how ERP software like Windward System Five is a comprehensive solution designed to address these exact needs and more.

The Business Problem:

Here are some common challenges faced by businesses offering rentals:

Depreciation of Rental Assets

As rental assets are used over time, their value decreases due to wear and tear, obsolescence, and market changes. This impacts the business’s overall net worth.
Depreciation also affects profitability. If rental income doesn’t cover the asset’s depreciation, the business may incur losses.

Determining Optimal Time to Sell

Knowing when to convert a rental asset to sale is critical. Factors include demand, market conditions, and the asset’s condition.

The Software Solution:

By leveraging ERP solutions like Windward System Five, you can manage inventory availability with its sophisticated tracking and scheduling capabilities. Here’s how Windward tackles this challenge:

 

Why Choose Windward for Your Rental Business?

Windward Software isn’t just a tool; it’s a partner in your business’s success. Here’s why businesses across various industries trust Windward:


How To Get Started:

Ready to learn more about how Windward Software's ERP can help your operation? Book your live system demonstration today!