Rental Invoicing Software

Determine optimal prices, generate accurate invoicing, and manage multiple pricing tiers effortlessly

Simplify complex pricing, offer competitive rates, and automate invoicing with equipment rental invoicing software embedded in Microsoft Dynamics 365 Finance and Supply Chain Management (F&SCM.)

Manage invoicing and complex pricing

Flexible pricing involves varying rates for different rental durations, and offering discounts during certain periods or to specific customers plays a crucial role.

Dynamic pricing strategies enable companies to cover costs, enhance revenue margins, and adapt to market demand and customer behavior, providing a competitive advantage.

However, managing diverse pricing options, ensuring price uniformity across similar items, and meeting various business objectives and customer needs adds complexity, especially when handling large inventories and a broad customer base.

STAEDEAN's invoicing and rental invoicing agreement software, embedded in Microsoft's Dynamics 365 F&SCM, offers advanced pricing capabilities that help simplify complex pricing structures and provide real-time and accurate rates to customers besides driving equipment utilization, revenue enhancement, and competitive advantage.

Scroll down to check how our equipment rental invoicing software can benefit you.

Key Challenges

Generate accurate prices

The challenge of renting equipment for large projects lies in generating fast, accurate prices. Our equipment rental invoicing software solves this by delivering real-time, precise quotes for different rates and equipment types.

Handle diverse contracts and locations

Rental orders vary by duration and location, requiring effective management to ensure customers understand their rights and obligations clearly. Implement flexible pricing strategies to address these variations and maintain regular cash flows.

Enhance customer satisfaction

Different rates for a diverse mix of rental items complicate cost estimation, deterring customers from renting. Build trust with clear, simplified, and transparent rates, enhancing customer satisfaction and loyalty.

Tiered pricing

Implement tiered pricing based on rental duration (weekly, monthly, yearly) and on specific days of the week. Adjust prices based on different project needs, seasons, and locations.

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Consumption-based pricing

Enable your customers to pay based on actual usage with consumption-based billing that tracks running hours, miles driven, or similar metrics. Additional options include fixed monthly usage or variable rates for usage exceeding set limits.

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Customized pricing

Offer special rates to select customers for a limited time on equipment type, equipment groups, project sites, or specific rental orders. Tailor your prices to accommodate short-term or location-based rentals and unique customer equipment requirements.

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Benefits

Ensure accurate rates

Eliminate pricing errors with automated billing. Provide competitive rates that enhance customer loyalty, thereby maximizing revenue.

Offer dynamic pricing

Adopt dynamic pricing strategies that adjust prices in real-time based on demand, competitor pricing, and market conditions to maximize revenue potential.

Improve cash flow

Use automated invoicing for faster payment collection and improve your company's cash flow management. Eliminate expensive loans and instead reinvest funds into business growth initiatives.

Increase revenue

Maximize revenue with customized pricing tiers, flexible rental periods, and bundled deals. Build lasting relationships with customers by adjusting prices for peak seasons, special events, or package offers.

Boost decision-making capabilities

Get valuable insights and analytics to make data-driven pricing decisions that will help build robust pricing strategies and lead to better revenue.

Gain competitive advantage

Adapt your pricing strategies to market shifts and customer preferences in real-time, positioning your business as an industry leader and staying ahead of competitors.

Usage-based Billing

Bill customers on actual equipment use based on total running hours or miles. Offer flexible rental options: monthly, weekly, or daily with an extra fee per running hour. Charge fixed monthly usage or variable rates for use beyond the limit. Stop billing if the equipment breaks down or is unused due to bad weather.