Equipment Asset Management Software

Eliminate overstocking and stockouts. Monitor and manage your equipment rental assets across locations, boost equipment efficiency, and ensure a steady cash flow with rental asset management software embedded in AI-enabled Microsoft Dynamics 365 F&SCM.

 
Optimize asset utilization and reduce asset ownership costs with rental asset management software that tracks assets, asset locations, maintenance, contracts, and more.

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G2 rating STAEDEAN Microsoft Dynamics 365 ERP Solutions

Asset Management

At the heart of every equipment rental company lies the utilization of its assets. Efficiently managing equipment ensures its availability and usage, leading to reduced downtime and increased profitability.

However, without robust rental asset management software, handling inventory can be fraught with complexities, resulting in underutilization of equipment that undermines the company's financial stability, customer satisfaction, and competitive advantage.

STAEDEAN’s equipment asset management software, embedded in AI-enabled Microsoft Dynamics 365 F&SCM and built on Azure and Power Platform, is purpose-built to address these challenges.

You can effortlessly track maintenance schedules, manage equipment lifecycles, ensure equipment safety and compliance, and maintain optimal inventory levels through careful planning and forecasting. This not only bolsters the financial health of your company but also enhances its competitive edge in the market.

Scroll down to check how our rental asset management software can benefit you.

Key Challenges

Underutilization of assets
Lack of visibility into assets leads to double bookings and inefficient asset allocation. With rental asset management software, get insights into assets, locations, and status to maximize utilization, prevent overbooking, and deliver assets to customers on time.
Equipment maintenance and downtime
Ineffective equipment maintenance tracking processes lead to equipment breakdowns. With rental asset management software, track maintenance needs, reduce downtime, and prevent equipment failures.
Inefficient equipment lifecycle management
Effectively timing equipment replacements and upgrades presents a major hurdle. Use equipment asset management software to make informed decisions regarding equipment retirement and new inventory investments.

Key Features

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    Inventory management

    Efficiently monitor and oversee rental assets by accessing, recording, and updating real-time data such as asset availability, condition, maintenance schedules, and location.

    Maintenance tracking

    Schedule and track maintenance repair history and get notified of upcoming maintenance requirements to prevent the breakdown of assets.

    Manage rental contracts

    Create and manage rental contracts digitally to record terms, conditions, and pricing for the agreed duration
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    Benefits

    Control costs

    Optimize equipment utilization, streamline maintenance schedules, and reduce downtime, which minimizes unnecessary expenses, leading to cost savings.

    Enhance visibility

    Get real-time visibility into assets with asset tracking, which helps increase equipment utilization and reduce loss due to downtime.

    Improve inventory control

    Track equipment movements and prevent theft or unauthorized use with out-of-the-box IoT integration. Optimize inventory levels to meet customer demand with real-time insights into equipment.

    Optimize equipment utilization

    Monitor equipment availability, utilization rates, and maintenance schedules to reduce equipment idle time and strengthen cash flow.

    Reduce downtime

    With complete visibility into equipment availability and maintenance schedules, prevent breakdowns and lower repair costs by performing timely maintenance. 

    Manage compliance

    Track equipment maintenance records to stay compliant with industry regulations and safety standards and reduce the risk of non-compliance.

    Features

    Equipment Tracking

    Equipment Tracking

    Maintain accurate inventory tracking to avoid overbooking or stockouts by using accurate data on equipment availability, location, and status.

    Reservation and Scheduling

    Reservation and Scheduling

    Manage rental reservations and scheduling to ensure timely equipment pickup and return.

    Rental Contracts

    Rental Contracts

    Create, sign, and manage rental contracts, including rental agreements, project contracts, and other rental-related documents.

     

     

    Maintenance Management

    Maintenance Management

    Track maintenance schedules to minimize downtime and ensure optimal equipment performance.

    Frequently asked questions

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    Do you support standard items (consumables) with rental equipment/objects?

    Yes, you can combine rental assets (equipment/objects) with standard items in one rental contract.

    Does your system support workflow management?

    Yes, most of the rental processes generate work orders automatically to perform tasks related to orders for transport, pre- and post-delivery inspections, and returns.

    Resources

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      Sales-Driven Solution in Dynamics 365 F&SCM Factsheet

      Maximize cash flow, manage diverse revenue streams, and improve global customer relations using the AI-enabled, adaptable solution for your rental and sales needs.
      Download Factsheet
      Factsheet of STAEDEAN Sales-Driven Solution in D365

      Manufacturing-Driven Solution in D365 F&SCM Factsheet

      Boost revenue, simplify project management, and track product lifecycles by managing equipment production, rental, and sales in our AI-enabled, adaptable solution.
      Download Factsheet
      Factsheet of STAEDEAN Manufacturing-Driven Solution in D365

      A Guide to Manage Your Global Equipment Rental Fleet

      Uncover the hidden costs of poor global fleet management and how to eliminate them with deep dives into the financial and operational impact of the right software.
      Download Factsheet
      A guide to global fleet management in the equipment rental industry

      How to Maximize Asset Utilization for D365 in the Equipment Rental Industry

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      Sep 27, 2022
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      How Does Equipment Rental ERP Software Help Your Business?

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      Mar 6, 2020
      Managing bulk equipment without unique labels is challenging logistically and financially. Curious about a solution? Discover more in this blog.
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      What are the key advantages of DynaRent’s Equipment Lifecycle Management?

      Michiel ToppersMichiel Toppers
      Dec 21, 2020
      Effectively manage equipment lifecycle with five key stages to rent-out, procure, purchase, service, maintain, return, bill, sell, monitor, and report sales.
      Read more
      DynaRent Equipment Lifecycle Management
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