Construction equipment management is vital for complex enterprise construction projects, and RentalResult provides powerful tools to streamline this process. This blog explores five ways RentalResult enhances equipment management for construction companies. Learn how proactive planning, real-time scheduling, detailed visibility, continuous improvement, and scalable customization can optimize resource use, boost project efficiency, and drive success.
1. Proactive Equipment Forecasting
Plan equipment needs well in advance by creating requisitions for equipment months before a project begins, even for jobs that are not yet confirmed. This proactive approach ensures that equipment is available when needed, avoiding last-minute scrambling and delays.
2. Enhanced Scheduling and Utilization
Stay informed with detailed, live-refreshable reports that track equipment status, location, and quantity in real-time. These reports can be scheduled to be sent daily, helping project managers stay on top of equipment utilization and availability.
Efficiently schedule and transfer equipment between jobs to maximize utilization. This feature ensures that resources are not idle and are allocated to where they are needed most, reducing downtime and increasing overall project efficiency.
3. Unlock Additional Revenue by Renting to Subcontractors
Maximize the value of your idle equipment by renting it out to trusted subcontractors you partner with. When your equipment is not actively being used on your own projects, you can generate an additional revenue stream by making it available to subcontractors. This practice not only ensures that your assets are continually working for you but can also boost your revenue by as much as 20%. RentalResult simplifies the process, offering easy scheduling, tracking, and invoicing for equipment rented out to external partners. This allows you to optimize your fleet utilization while building stronger subcontractor relationships and growing your bottom line.
4. Comprehensive Visibility
Gain visibility into equipment status across various stages – on the job site, in for repairs, or being transferred. This level of detail helps stakeholders make informed decisions about equipment usage, ensuring optimal resource utilization.
Use the job site portal to get a clear view of rented equipment, order equipment directly from the job site, and schedule it for off-rent. This streamlines communication and coordination across project teams, enhancing efficiency.
5. Continuous Improvement
Ongoing Optimization: Benefit from post-implementation support that ensures all system modules are utilized to their full potential. The Customer Success Management (CSM) team helps roll out additional modules in later phases, ensuring the system remains effective and users get the most out of the product.
6. Customization and Scalability
Modular System: Implement the ERP system in phases with a modular approach. Roll out core modules initially and add additional ones as needed. This ensures the system can grow with the company’s needs and adapt to changing requirements, providing long-term value and scalability.
By leveraging these advanced features, construction companies can better manage their resources, streamline operations, and achieve greater project success with RentalResult. Reach out to us for a custom demo to see how RentalResult can optimize your construction operations.
Are you ready to take control of your fleet and unlock its full potential? Learn more about how RentalResult Construction Equipment Management Software can transform your operations and drive profitability.
